POLYMETAL INTERNATIONAL ORD NPV

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	POLY
ISIN:	JE00B6T5S470

POLYMETAL INTERNATIONAL ORD NPV - Daily - Technical analysis published on 08/12/2019 (GMT)

394
0
Who voted?
1

Londinia

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!

Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Download a full-size picture

POLYMETAL INTERNATIONAL ORD NPV Chart

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

83%

17%

My opinion

Bullish above 1,031.0 GBX

My targets

1,095.0 GBX (+1.86%)

1,190.0 GBX (+10.70%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on POLYMETAL INTERNATIONAL ORD NPV as long as the price remains well above 1,031.0 GBX. The buyers” bullish objective is set at 1,095.0 GBX. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1,190.0 GBX. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay.

Additional analysis

Quotes

POLYMETAL INTERNATIONAL ORD NPV rating 1,075.0 GBX. The price has increased by +1.37% since the last closing and was traded between 1,048.5 GBX and 1,077.5 GBX over the period. The price is currently at +2.53% from its lowest and -0.23% from its highest.

1,048.5

1,077.5

1,075.0

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by POLYMETAL INTERNATIONAL ORD NPV:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of POLYMETAL INTERNATIONAL ORD NPV in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	866.9	894.0	1,031.0	1,075.0	1,095.0	1,190.0
Change (%)	-19.36%	-16.84%	-4.09%	-	+1.86%	+10.70%
Change	-208.1	-181.0	-44.0	-	+20.0	+115.0
Level	Intermediate	Intermediate	Major	-	Intermediate	Intermediate

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,035.0	1,044.5	1,052.5	1,062.0	1,070.0	1,079.5	1,087.5
Camarilla	1,055.7	1,057.3	1,058.9	1,060.5	1,062.1	1,063.7	1,065.3
Woodie	1,034.3	1,044.1	1,051.8	1,061.6	1,069.3	1,079.1	1,086.8
Fibonacci	1,044.5	1,051.2	1,055.3	1,062.0	1,068.7	1,072.8	1,079.5

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	915.7	949.0	1,004.8	1,038.1	1,093.9	1,127.2	1,183.0
Camarilla	1,036.0	1,044.2	1,052.3	1,060.5	1,068.7	1,076.8	1,085.0
Woodie	926.9	954.6	1,016.0	1,043.7	1,105.1	1,132.8	1,194.2
Fibonacci	949.0	983.1	1,004.1	1,038.1	1,072.2	1,093.2	1,127.2

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	863.4	908.0	951.8	996.4	1,040.2	1,084.8	1,128.6
Camarilla	971.3	979.4	987.5	995.6	1,003.7	1,011.8	1,019.9
Woodie	863.0	907.8	951.4	996.2	1,039.8	1,084.6	1,128.2
Fibonacci	908.0	941.8	962.6	996.4	1,030.2	1,051.0	1,084.8

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	75.10
MACD (12,26,9):	22.9000
Directional Movement:	19.4
AROON (14):	50.0
DEMA (21):	1,043.8
Parabolic SAR (0,02-0,02-0,2):	982.2
Elder Ray (13):	35.3
Super Trend (3,10):	993.9
Zig ZAG (10):	1,076.0
VORTEX (21):	1.1000
Stochastique (14,3,5):	93.80
TEMA (21):	1,046.4
Williams %R (14):	0.00
Chande Momentum Oscillator (20):	69.5
Repulse (5,40,3):	3.5000
ROCnROLL:	1
TRIX (15,9):	0.2000
Courbe Coppock:	8.50

MA7:	1,034.3
MA20:	1,009.5
MA50:	971.3
MA100:	897.2
MAexp7:	1,042.5
MAexp20:	1,014.8
MAexp50:	971.8
MAexp100:	923.4
Price / MA7:	+3.94%
Price / MA20:	+6.49%
Price / MA50:	+10.68%
Price / MA100:	+19.82%
Price / MAexp7:	+3.12%
Price / MAexp20:	+5.93%
Price / MAexp50:	+10.62%
Price / MAexp100:	+16.42%

News

The last news published on POLYMETAL INTERNATIONAL ORD NPV at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia AI

Online

Overall rating :

15350

Number of analyses :

86970

Followers :

I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…