Londinia Opportunities Analyses - 11/01/2024 (GMT) EASYJET ORD 27 2/7P - 1H

EASYJET ORD 27 2/7P
- GBX (-)
- 15 min delayed data - London Stock Exchange
Type: Stocks
Ticker: EZJ
ISIN: GB00B7KR2P84

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • Europe Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
6%
72%
22%
My opinion
Bearish under 510.1 GBX
My targets
493.9 GBX (-1.69%)
483.7 GBX (-3.72%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on EASYJET ORD 27 2/7P as long as the price remains well below 510.1 GBX. The sellers' bearish objective is set at 493.9 GBX. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 483.7 GBX. In case of crossing, the next objective would be the support located at 474.9 GBX. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
7.9

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Additional analysis

Quotes

EASYJET ORD 27 2/7P rating 502.4 GBX. On the day, this instrument lost -1.64% and was between 501.4 GBX and 506.0 GBX. This implies that the price is at +0.20% from its lowest and at -0.71% from its highest.

501.4
506.0
502.4

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



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of EASYJET ORD 27 2/7P in 1H shows a overall strongly bearish trend. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish 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 probability of a further decline is high given the direction of the technical indicators.
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

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1R1PriceR2R3
ProTrendLines 474.9 483.7 493.9 502.4 502.4 510.1 516.4
Change (%) -5.47% -3.72% -1.69% 0% - +1.53% +2.79%
Change -27.5 -18.7 -8.5 0 - +7.7 +14.0
Level Minor Minor Major Major - 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
Standard489.3496.9503.9511.5518.5526.1533.1
Camarilla506.8508.1509.5510.8512.1513.5514.8
Woodie488.9496.8503.5511.4518.1526.0532.7
Fibonacci496.9502.5506.0511.5517.1520.6526.1


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard482.7493.3499.9510.5517.1527.7534.3
Camarilla501.9503.5505.0506.6508.2509.8511.3
Woodie480.8492.3498.0509.5515.2526.7532.4
Fibonacci493.3499.8503.9510.5517.0521.1527.7


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard424.6449.7480.3505.4536.0561.1591.7
Camarilla495.5500.6505.7510.8515.9521.0526.1
Woodie427.3451.1483.0506.8538.7562.5594.4
Fibonacci449.7471.0484.2505.4526.7539.9561.1

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): 38.80
MACD (12,26,9): -1.5000
Directional Movement: -15.7
AROON (14): -92.9
DEMA (21): 510.5
Parabolic SAR (0,02-0,02-0,2): 520.0
Elder Ray (13): -7.4
Super Trend (3,10): 518.1
Zig ZAG (10): 503.0
VORTEX (21): 1.0000
Stochastique (14,3,5): 24.60
TEMA (21): 509.3
Williams %R (14): -89.80
Chande Momentum Oscillator (20): -10.2
Repulse (5,40,3): -0.3000
ROCnROLL: 2
TRIX (15,9): 0.0000
Courbe Coppock: 1.20
MA7: 511.4
MA20: 509.0
MA50: 500.6
MA100: 475.9
MAexp7: 509.6
MAexp20: 512.0
MAexp50: 513.1
MAexp100: 513.0
Price / MA7: -1.76%
Price / MA20: -1.30%
Price / MA50: +0.36%
Price / MA100: +5.57%
Price / MAexp7: -1.41%
Price / MAexp20: -1.88%
Price / MAexp50: -2.09%
Price / MAexp100: -2.07%

Quotes : - 15 min delayed data - London Stock Exchange

News


The latest news and videos published on EASYJET ORD 27 2/7P at the time of the analysis were as follows: