Londinia Opportunities Analyses - 10/31/2024 (GMT) HAMMERSON ORD 5P - 1H

HAMMERSON ORD 5P
- GBX (-)
- 15 min delayed data - London Stock Exchange
Type: Stocks
Ticker: HMSO
ISIN: GB00BRJQ8J25

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
  • Europe Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
6%
67%
28%
My opinion
Bearish under 302.0 GBX
My targets
285.9 GBX (-3.02%)
262.7 GBX (-10.90%)
My analysis
HAMMERSON ORD 5P 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 302.0 GBX. The next support located at 285.9 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 262.7 GBX. Below this support, sellers could then target 262.0 GBX. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
8

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Additional analysis

Quotes

The HAMMERSON ORD 5P price is 294.8 GBX. The price registered a decrease of -2.90% on the session with the lowest point at 294.2 GBX and the highest point at 303.4 GBX. The deviation from the price is +0.20% for the low point and -2.83% for the high point.

294.2
303.4
294.8

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by HAMMERSON ORD 5P:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of HAMMERSON ORD 5P in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

Technical indicators are bearish. There is still some doubt about the decline in the price.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

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 doji star

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 249.4 262.0 285.9 294.8 302.0 304.0 306.0
Change (%) -15.40% -11.13% -3.02% - +2.44% +3.12% +3.80%
Change -45.4 -32.8 -8.9 - +7.2 +9.2 +11.2
Level Minor Major Major - Intermediate Intermediate Minor



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
Standard285.0292.0297.8304.8310.6317.6323.4
Camarilla300.1301.3302.4303.6304.8306.0307.1
Woodie284.4291.7297.2304.5310.0317.3322.8
Fibonacci292.0296.9299.9304.8309.7312.7317.6


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard292.3298.9302.9309.5313.5320.1324.1
Camarilla303.9304.9305.8306.8307.8308.7309.7
Woodie290.9298.3301.5308.9312.1319.5322.7
Fibonacci298.9303.0305.5309.5313.6316.1320.1


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard245.5262.7290.7307.9335.9353.1381.1
Camarilla306.4310.5314.7318.8322.9327.1331.2
Woodie251.0265.4296.2310.6341.4355.8386.6
Fibonacci262.7279.9290.6307.9325.1335.8353.1

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): 34.40
MACD (12,26,9): -2.5000
Directional Movement: -13.1
AROON (14): -50.0
DEMA (21): 299.5
Parabolic SAR (0,02-0,02-0,2): 308.6
Elder Ray (13): -5.7
Super Trend (3,10): 304.7
Zig ZAG (10): 295.0
VORTEX (21): 0.8000
Stochastique (14,3,5): 2.40
TEMA (21): 298.2
Williams %R (14): -95.50
Chande Momentum Oscillator (20): -8.4
Repulse (5,40,3): -1.7000
ROCnROLL: 2
TRIX (15,9): -0.1000
Courbe Coppock: 3.30
MA7: 304.8
MA20: 309.5
MA50: 302.7
MA100: 289.7
MAexp7: 299.2
MAexp20: 302.4
MAexp50: 305.6
MAexp100: 308.2
Price / MA7: -3.28%
Price / MA20: -4.75%
Price / MA50: -2.61%
Price / MA100: +1.76%
Price / MAexp7: -1.47%
Price / MAexp20: -2.51%
Price / MAexp50: -3.53%
Price / MAexp100: -4.35%

Quotes : - 15 min delayed data - London Stock Exchange