Londinia Opportunities Analyses - 12/20/2024 (GMT) BELLWAY ORD 12.5P - 1H

- GBX (-)

- 15 min delayed data - London Stock Exchange

Type:	Stocks
Ticker:	BWY
ISIN:	GB0000904986

Londinia

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

72%

22%

My opinion

Bearish under 2,389 GBX

My targets

2,301 GBX (-2.73%)

2,139 GBX (-9.58%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on BELLWAY ORD 12.5P as long as the price remains well below 2,389 GBX. The sellers' bearish objective is set at 2,301 GBX. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 2,139 GBX. In case of crossing, the next objective would be the support located at 2,037 GBX. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

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

8.2

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Additional analysis

Quotes

The BELLWAY ORD 12.5P price is 2,366 GBX. On the day, this instrument lost -0.92% with the lowest point at 2,362 GBX and the highest point at 2,384 GBX. The deviation from the price is +0.17% for the low point and -0.76% for the high point.

2,362

2,384

2,366

Here is a more detailed summary of the historical variations registered by BELLWAY ORD 12.5P:

The Central Records scanner for higher/lower results shows the following items:

New LOW record (1 year)

Type : Bearish

Timeframe : Weekly

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of BELLWAY ORD 12.5P indicates that the overall trend is strongly bearish. 92.86% 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

Technical indicators are strongly bearish, suggesting that the price decline is expected to continue.
Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

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

Support of channel is broken

Type : Bearish

Timeframe : 1 hour

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1,536	1,813	2,037	2,366	2,389	2,414	2,475
Change (%)	-35.08%	-23.37%	-13.91%	-	+0.97%	+2.03%	+4.61%
Change	-830	-553	-329	-	+23	+48	+109
Level	Major	Intermediate	Intermediate	-	Major	Minor	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,337	2,357	2,373	2,393	2,409	2,429	2,445
Camarilla	2,378	2,381	2,385	2,388	2,391	2,395	2,398
Woodie	2,334	2,356	2,370	2,392	2,406	2,428	2,442
Fibonacci	2,357	2,371	2,380	2,393	2,407	2,416	2,429

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,301	2,373	2,411	2,483	2,521	2,593	2,631
Camarilla	2,420	2,430	2,440	2,450	2,460	2,470	2,480
Woodie	2,285	2,365	2,395	2,475	2,505	2,585	2,615
Fibonacci	2,373	2,415	2,441	2,483	2,525	2,551	2,593

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,893	2,139	2,324	2,570	2,755	3,001	3,186
Camarilla	2,389	2,429	2,468	2,508	2,548	2,587	2,627
Woodie	1,862	2,124	2,293	2,555	2,724	2,986	3,155
Fibonacci	2,139	2,304	2,406	2,570	2,735	2,837	3,001

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):	29.00
MACD (12,26,9):	-15.0000
Directional Movement:	-16
AROON (14):	-100
DEMA (21):	2,378
Parabolic SAR (0,02-0,02-0,2):	2,426
Elder Ray (13):	-21
Super Trend (3,10):	2,409
Zig ZAG (10):	2,364
VORTEX (21):	1.0000
Stochastique (14,3,5):	9.00
TEMA (21):	2,374
Williams %R (14):	-100.00
Chande Momentum Oscillator (20):	-60
Repulse (5,40,3):	0.0000
ROCnROLL:	2
TRIX (15,9):	0.0000
Courbe Coppock:	4.00

MA7:	2,421
MA20:	2,476
MA50:	2,676
MA100:	2,833
MAexp7:	2,380
MAexp20:	2,397
MAexp50:	2,423
MAexp100:	2,448
Price / MA7:	-2.27%
Price / MA20:	-4.44%
Price / MA50:	-11.58%
Price / MA100:	-16.48%
Price / MAexp7:	-0.59%
Price / MAexp20:	-1.29%
Price / MAexp50:	-2.35%
Price / MAexp100:	-3.35%

Quotes : - 15 min delayed data - London Stock Exchange

News

The last news published on BELLWAY ORD 12.5P at the time of the generation of this analysis was as follows: