LINDE PLC - Daily - Technical analysis published on 09/23/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 185.03 USD
My targets
199.53 USD (+2.79%)
206.51 USD (+6.39%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on LINDE PLC ORDINARY SHARE as long as the price remains well above 185.03 USD. The buyers” bullish objective is set at 199.53 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 206.51 USD.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
6.4
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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 LINDE PLC ORDINARY SHARE rating is 194.11 USD. On the day, this instrument lost -0.07% and was traded between 193.10 USD and 196.25 USD over the period. The price is currently at +0.52% from its lowest and -1.09% from its highest.193.10
196.25
194.11
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of LINDE PLC ORDINARY SHARE in Daily shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : Daily
An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : Daily
SuperTrend indicator bullish reversal
Type : Bullish
Timeframe : Daily
MACD indicator is back over 0
Type : Bullish
Timeframe : Daily
Ichimoku - Bullish crossover : Tenkan & Kijun
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 161.85 | 173.35 | 185.03 | 194.11 | 199.53 | 206.51 |
| Change (%) | -16.62% | -10.69% | -4.68% | - | +2.79% | +6.39% |
| Change | -32.26 | -20.76 | -9.08 | - | +5.42 | +12.40 |
| Level | Minor | Major | Major | - | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 191.20 | 192.56 | 193.40 | 194.76 | 195.60 | 196.96 | 197.80 |
| Camarilla | 193.64 | 193.84 | 194.04 | 194.24 | 194.44 | 194.64 | 194.85 |
| Woodie | 190.94 | 192.43 | 193.14 | 194.63 | 195.34 | 196.83 | 197.54 |
| Fibonacci | 192.56 | 193.40 | 193.92 | 194.76 | 195.60 | 196.12 | 196.96 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 175.26 | 179.26 | 185.71 | 189.71 | 196.16 | 200.16 | 206.61 |
| Camarilla | 189.29 | 190.24 | 191.20 | 192.16 | 193.12 | 194.08 | 195.03 |
| Woodie | 176.49 | 179.87 | 186.94 | 190.32 | 197.39 | 200.77 | 207.84 |
| Fibonacci | 179.26 | 183.25 | 185.72 | 189.71 | 193.70 | 196.17 | 200.16 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 167.79 | 174.70 | 181.80 | 188.71 | 195.81 | 202.72 | 209.82 |
| Camarilla | 185.06 | 186.34 | 187.63 | 188.91 | 190.19 | 191.48 | 192.76 |
| Woodie | 167.90 | 174.75 | 181.91 | 188.76 | 195.92 | 202.77 | 209.93 |
| Fibonacci | 174.70 | 180.05 | 183.36 | 188.71 | 194.06 | 197.37 | 202.72 |
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): | 58.35 | |
| MACD (12,26,9): | 0.6200 | |
| Directional Movement: | 3.05 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 190.40 | |
| Parabolic SAR (0,02-0,02-0,2): | 187.45 | |
| Elder Ray (13): | 3.91 | |
| Super Trend (3,10): | 185.13 | |
| Zig ZAG (10): | 194.11 | |
| VORTEX (21): | 0.9200 | |
| Stochastique (14,3,5): | 86.29 | |
| TEMA (21): | 192.47 | |
| Williams %R (14): | -16.47 | |
| Chande Momentum Oscillator (20): | 6.55 | |
| Repulse (5,40,3): | -1.5400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0500 | |
| Courbe Coppock: | 5.53 |
| MA7: | 192.21 | |
| MA20: | 188.55 | |
| MA50: | 192.47 | |
| MA100: | 192.47 | |
| MAexp7: | 192.11 | |
| MAexp20: | 190.26 | |
| MAexp50: | 191.06 | |
| MAexp100: | 187.77 | |
| Price / MA7: | +0.99% | |
| Price / MA20: | +2.95% | |
| Price / MA50: | +0.85% | |
| Price / MA100: | +0.85% | |
| Price / MAexp7: | +1.04% | |
| Price / MAexp20: | +2.02% | |
| Price / MAexp50: | +1.60% | |
| Price / MAexp100: | +3.38% |
This member declared not having a position on this financial instrument or a related financial instrument.
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