SSE ORD 50P
SSE ORD 50P
0.330 GBX (-2.94%)
03/10/2025 - 17:29 Closed 15 min delayed data - London Stock Exchange
Open: 0.345
Change: -0.010
Volume: 24
Low: 0.315
High: 0.345
High / Low range: 0.030
Type: Stocks
Ticker: SSE
ISIN: GB0007908733

SSE ORD 50P - Daily - Technical analysis published on 09/25/2019 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on 09/25/2019 - 21:18
  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 1,182.0 GBX
My targets
1,232.5 GBX (+0.49%)
1,321.0 GBX (+7.70%)
My analysis
SSE ORD 50P is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 1,182.0 GBX. The next resistance located at 1,232.5 GBX is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 1,321.0 GBX. After this resistance, buyers could then target 1,428.2 GBX. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
8

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. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The SSE ORD 50P price is 1,226.5 GBX. On the day, this instrument lost -0.16% with the lowest point at 1,222.0 GBX and the highest point at 1,232.5 GBX. The deviation from the price is +0.37% for the low point and -0.49% for the high point.

1,222.0
1,232.5
1,226.5

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
Created with Raphaël 2.3.0-25-12.5012.525January 1st3 years1 year6 months1 month5 daysToday
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in Daily of this SSE ORD 50P chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The technical indicators are bullish. There is still some doubt about the price increase.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily


CCI indicator is overbought : over 100

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:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : Daily



The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1,125.0 1,164.4 1,182.0 1,226.5 1,232.5 1,321.0 1,428.2
Change (%) -8.28% -5.06% -3.63% - +0.49% +7.70% +16.45%
Change -101.5 -62.1 -44.5 - +6.0 +94.5 +201.7
Level Intermediate Major Intermediate - Major Minor Intermediate



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,207.31,214.21,221.31,228.21,235.31,242.21,249.3
Camarilla1,224.71,225.91,227.21,228.51,229.81,231.11,232.4
Woodie1,207.51,214.31,221.51,228.31,235.51,242.31,249.5
Fibonacci1,214.21,219.51,222.81,228.21,233.51,236.81,242.2


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,113.21,143.31,189.71,219.81,266.21,296.31,342.7
Camarilla1,215.01,222.01,229.01,236.01,243.01,250.01,257.0
Woodie1,121.31,147.41,197.81,223.91,274.31,300.41,350.8
Fibonacci1,143.31,172.61,190.61,219.81,249.11,267.11,296.3


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,009.81,038.71,094.81,123.71,179.81,208.71,264.8
Camarilla1,127.61,135.41,143.21,151.01,158.81,166.61,174.4
Woodie1,023.51,045.51,108.51,130.51,193.51,215.51,278.5
Fibonacci1,038.71,071.11,091.21,123.71,156.11,176.21,208.7

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Created with Raphaël 2.3.0Buy12
Moving averages
Created with Raphaël 2.3.0Buy26

RSI (14): 71.30
MACD (12,26,9): 30.4000
Directional Movement: 20.9
AROON (14): 57.2
DEMA (21): 1,226.1
Parabolic SAR (0,02-0,02-0,2): 1,187.3
Elder Ray (13): 23.3
Super Trend (3,10): 1,178.5
Zig ZAG (10): 1,226.5
VORTEX (21): 1.2000
Stochastique (14,3,5): 79.00
TEMA (21): 1,238.6
Williams %R (14): -20.20
Chande Momentum Oscillator (20): 87.0
Repulse (5,40,3): 0.1000
ROCnROLL: 1
TRIX (15,9): 0.3000
Courbe Coppock: 12.70
MA7: 1,227.0
MA20: 1,182.5
MA50: 1,132.4
MA100: 1,087.1
MAexp7: 1,220.0
MAexp20: 1,187.6
MAexp50: 1,144.9
MAexp100: 1,114.6
Price / MA7: -0.04%
Price / MA20: +3.72%
Price / MA50: +8.31%
Price / MA100: +12.82%
Price / MAexp7: +0.53%
Price / MAexp20: +3.28%
Price / MAexp50: +7.13%
Price / MAexp100: +10.04%

News


The last news published on SSE ORD 50P 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.

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