BRITISH AMERICAN TOBACCO ORD 25P - Daily - Technical analysis published on 06/19/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 2,881.0 GBX
My targets
2,759.5 GBX (-1.67%)
2,575.9 GBX (-8.22%)
My analysis
BRITISH AMERICAN TOBACCO ORD 25P is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 2,881.0 GBX. The next support located at 2,759.5 GBX is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 2,575.9 GBX. Below this support, sellers could then target 2,365.4 GBX.
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BRITISH AMERICAN TOBACCO ORD 25P rating is 2,806.5 GBX. The price registered a decrease of -1.85% on the session and was traded between 2,776.0 GBX and 2,850.0 GBX over the period. The price is currently at +1.10% from its lowest and -1.53% from its highest.2,776.0
2,850.0
2,806.5
The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.
Opening Gap DOWN
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:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of BRITISH AMERICAN TOBACCO ORD 25P in Daily shows an overall bearish trend. 78.57% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : Daily
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 3
Type : Neutral
Timeframe : Daily
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal support
Type : Bullish
Timeframe : Daily
Near support of channel
Type : Bullish
Timeframe : Daily
Near support of triangle
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2,365.4 | 2,575.9 | 2,759.5 | 2,806.5 | 2,881.0 | 3,073.9 | 3,450.0 |
| Change (%) | -15.72% | -8.22% | -1.67% | - | +2.65% | +9.53% | +22.93% |
| Change | -441.1 | -230.6 | -47.0 | - | +74.5 | +267.4 | +643.5 |
| Level | Major | Minor | Major | - | Major | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2,782.3 | 2,809.2 | 2,834.3 | 2,861.2 | 2,886.3 | 2,913.2 | 2,938.3 |
| Camarilla | 2,845.2 | 2,850.0 | 2,854.7 | 2,859.5 | 2,864.3 | 2,869.0 | 2,873.8 |
| Woodie | 2,781.5 | 2,808.8 | 2,833.5 | 2,860.8 | 2,885.5 | 2,912.8 | 2,937.5 |
| Fibonacci | 2,809.2 | 2,829.0 | 2,841.3 | 2,861.2 | 2,881.0 | 2,893.3 | 2,913.2 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2,601.5 | 2,734.5 | 2,810.0 | 2,943.0 | 3,018.5 | 3,151.5 | 3,227.0 |
| Camarilla | 2,828.2 | 2,847.3 | 2,866.4 | 2,885.5 | 2,904.6 | 2,923.7 | 2,942.8 |
| Woodie | 2,572.8 | 2,720.1 | 2,781.2 | 2,928.6 | 2,989.8 | 3,137.1 | 3,198.2 |
| Fibonacci | 2,734.5 | 2,814.1 | 2,863.4 | 2,943.0 | 3,022.6 | 3,071.9 | 3,151.5 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 41.20 | |
| MACD (12,26,9): | -18.3000 | |
| Directional Movement: | -15.2 | |
| AROON (14): | 35.7 | |
| DEMA (21): | 2,876.2 | |
| Parabolic SAR (0,02-0,02-0,2): | 3,076.0 | |
| Elder Ray (13): | -77.9 | |
| Super Trend (3,10): | 2,801.0 | |
| Zig ZAG (10): | 2,810.5 | |
| VORTEX (21): | 0.9000 | |
| Stochastique (14,3,5): | 36.20 | |
| TEMA (21): | 2,875.0 | |
| Williams %R (14): | -71.10 | |
| Chande Momentum Oscillator (20): | 42.5 | |
| Repulse (5,40,3): | -1.1000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1000 | |
| Courbe Coppock: | 1.50 |
| MA7: | 2,901.6 | |
| MA20: | 2,895.2 | |
| MA50: | 2,953.3 | |
| MA100: | 2,912.9 | |
| MAexp7: | 2,872.2 | |
| MAexp20: | 2,899.7 | |
| MAexp50: | 2,922.3 | |
| MAexp100: | 2,924.4 | |
| Price / MA7: | -3.28% | |
| Price / MA20: | -3.06% | |
| Price / MA50: | -4.97% | |
| Price / MA100: | -3.65% | |
| Price / MAexp7: | -2.29% | |
| Price / MAexp20: | -3.21% | |
| Price / MAexp50: | -3.96% | |
| Price / MAexp100: | -4.03% |
News
The latest news and videos published on BRITISH AMERICAN TOBACCO ORD 25P at the time of the analysis were as follows:
- British American Tobacco Bangladesh Drains $6 Million in Tax Revenue from Government
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- Bats Europe Reports Record Month for Bats LIS with Over €2 Billion Traded on Platform
- SHAREHOLDER ALERT: Monteverde & Associates PC Announces An Investigation Of Reynolds American Inc. - RAI
-
Rep. Brooks: 'Not much we could do with only baseball bats'
This member declared not having a position on this financial instrument or a related financial instrument.
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