Londinia Opportunities Analyses - 11/18/2024 (GMT) BLOOMSBURY PUBLISHING ORD 1.25P - 1H

BLOOMSBURY PUBLISHING ORD 1.25P
- GBX (-)
- 15 min delayed data - London Stock Exchange
Type: Stocks
Ticker: BMY
ISIN: GB0033147751

I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
  • Europe Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
6%
72%
22%
My opinion
Bearish under 678 GBX
My targets
650 GBX (-2.40%)
632 GBX (-5.11%)
My analysis
BLOOMSBURY PUBLISHING ORD 1.25P 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 678 GBX. The next support located at 650 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 632 GBX. Below this support, sellers could then target 605 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.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
8.2

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

BLOOMSBURY PUBLISHING ORD 1.25P rating 666 GBX. The price registered a decrease of -0.89% on the session and was between 662 GBX and 680 GBX. This implies that the price is at +0.60% from its lowest and at -2.06% from its highest.

662
680
666

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly



The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 20 days

Technical


Technical analysis of BLOOMSBURY PUBLISHING ORD 1.25P in 1H shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being 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

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 605 632 650 666 668 678 699
Change (%) -9.16% -5.11% -2.40% - +0.30% +1.80% +4.95%
Change -61 -34 -16 - +2 +12 +33
Level Minor Minor Intermediate - Intermediate Major Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard648656664672680688696
Camarilla668669671672673675676
Woodie648656664672680688696
Fibonacci656662666672678682688


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard605635653683701731749
Camarilla659663668672676681685
Woodie600632648680696728744
Fibonacci635653664683701712731


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard491561621691751821881
Camarilla644656668680692704716
Woodie485559615689745819875
Fibonacci561611642691741772821

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): 40.00
MACD (12,26,9): -4.0000
Directional Movement: -14
AROON (14): -29
DEMA (21): 667
Parabolic SAR (0,02-0,02-0,2): 679
Elder Ray (13): -6
Super Trend (3,10): 690
Zig ZAG (10): 664
VORTEX (21): 1.0000
Stochastique (14,3,5): 22.00
TEMA (21): 667
Williams %R (14): -94.00
Chande Momentum Oscillator (20): -5
Repulse (5,40,3): -1.0000
ROCnROLL: 2
TRIX (15,9): 0.0000
Courbe Coppock: 1.00
MA7: 682
MA20: 694
MA50: 677
MA100: 682
MAexp7: 669
MAexp20: 673
MAexp50: 681
MAexp100: 687
Price / MA7: -2.35%
Price / MA20: -4.03%
Price / MA50: -1.62%
Price / MA100: -2.35%
Price / MAexp7: -0.45%
Price / MAexp20: -1.04%
Price / MAexp50: -2.20%
Price / MAexp100: -3.06%

Quotes : - 15 min delayed data - London Stock Exchange

News


The last news published on BLOOMSBURY PUBLISHING ORD 1.25P at the time of the generation of this analysis was as follows: