Londinia Opportunities Analyses - 11/20/2024 (GMT) TRAINLINE ORD 1P - 1H

TRAINLINE ORD 1P
- GBX (-)
- 15 min delayed data - London Stock Exchange
Type: Stocks
Ticker: TRN
ISIN: GB00BKDTK925

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 bullish
Underlying: Strongly bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 409.0 GBX
My targets
419.3 GBX (+1.57%)
450.8 GBX (+9.21%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on TRAINLINE ORD 1P as long as the price remains well above 409.0 GBX. The buyers' bullish objective is set at 419.3 GBX. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 450.8 GBX. If there is any crossing, the next objective would be the resistance located at 489.8 GBX. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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
8.4

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Additional analysis

Quotes

The TRAINLINE ORD 1P price is 412.8 GBX. On the day, this instrument gained +0.29% with the lowest point at 408.2 GBX and the highest point at 414.2 GBX. The deviation from the price is +1.13% for the low point and -0.34% for the high point.

408.2
414.2
412.8

Here is a more detailed summary of the historical variations registered by TRAINLINE ORD 1P:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of TRAINLINE ORD 1P in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near resistance of triangle

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


S3S2S1PriceR1R2R3
ProTrendLines 377.7 394.2 409.0 412.8 419.3 450.8 489.8
Change (%) -8.50% -4.51% -0.92% - +1.57% +9.21% +18.65%
Change -35.1 -18.6 -3.8 - +6.5 +38.0 +77.0
Level Intermediate Intermediate Major - Intermediate Minor Minor



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard398.9403.3407.5411.9416.1420.5424.7
Camarilla409.2410.0410.8411.6412.4413.2414.0
Woodie398.7403.3407.3411.9415.9420.5424.5
Fibonacci403.3406.6408.7411.9415.2417.3420.5


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard375.7386.5398.3409.1420.9431.7443.5
Camarilla404.0406.1408.1410.2412.3414.3416.4
Woodie376.3386.8398.9409.4421.5432.0444.1
Fibonacci386.5395.1400.4409.1417.7423.0431.7


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard273.9296.9343.1366.1412.3435.3481.5
Camarilla370.2376.5382.9389.2395.5401.9408.2
Woodie285.4302.7354.6371.9423.8441.1493.0
Fibonacci296.9323.4339.7366.1392.6408.9435.3

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): 57.40
MACD (12,26,9): 0.7000
Directional Movement: 14.7
AROON (14): 21.4
DEMA (21): 411.3
Parabolic SAR (0,02-0,02-0,2): 417.0
Elder Ray (13): 0.4
Super Trend (3,10): 405.5
Zig ZAG (10): 413.4
VORTEX (21): 1.0000
Stochastique (14,3,5): 49.70
TEMA (21): 411.5
Williams %R (14): -30.60
Chande Momentum Oscillator (20): 6.4
Repulse (5,40,3): 1.6000
ROCnROLL: 1
TRIX (15,9): 0.0000
Courbe Coppock: 0.70
MA7: 409.2
MA20: 392.6
MA50: 354.8
MA100: 336.8
MAexp7: 411.3
MAexp20: 410.4
MAexp50: 408.7
MAexp100: 402.5
Price / MA7: +0.88%
Price / MA20: +5.15%
Price / MA50: +16.35%
Price / MA100: +22.57%
Price / MAexp7: +0.36%
Price / MAexp20: +0.58%
Price / MAexp50: +1.00%
Price / MAexp100: +2.56%

Quotes : - 15 min delayed data - London Stock Exchange