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3i Group (III)

1,098.00p

15:45 21/08/19

  • 1.06% 11.50p
  • Today's Low & High
  • 1,089.00 / 1,104.00
  • Open / Previous Close
  • 1,094.50 / 1,098.00
  • 52-week range
  • 18.83% 174.00p
  • Volume
  • 923,084
  • Market Cap(million)
  • £10,683.88m

1,098.00p REAL TIME BATS

  • 16:32 21/08/19
  • 1.10%
  • 12.00p

Technical Analysis

Support and resistance levels

S1

10.64
-2.00%

R1

11.01
1.00%

S2

10.49
-3.00%

R2

10.89
0.00%

Technical comment

Short term
Medium term
Long term

Pivot Points

  • Levels of negotiation support
  • 10.77
  • 10.60
  • Levels of negotiation support resistance
  • 11.03
  • 11.12

Technical situation

Reaching the first technical reference of support around 10.65 / Keep watching

Recommendation

Short term comment

Remains a mid-long term neutral-bullish trend, although in the short term the bias is only neutral since it set highs at 10.89. The recent lows set at 10.64 provide some support at the Fibonacci retracement level of 38.2% relating to the last bullish impulse.rebounds from these levels would only mean an upwards bias if it would go above the resistance level at 11.01.

Long term comment

From some months ago, long-term scenario remains bullish. However, it must be considered that, since the last highs, it's showing certain exhaustion in this trend, which should stand for extreme caution in spite of a downwards turn.

Indicator Previous Current Signal Comment
RSI 7 46.42 50.27 The RSI 7 doesn't show any sign of overbuy/oversell.
RSI 14 45.14 47.05 The RSI 14 doesn't show any sign of overbuy/oversell.
RSI 21 46.87 48.11 The RSI 21 doesn't show any sign of overbuy/oversell.
RSI 50 51.91 52.41 The RSI 50 doesn't show any sign of overbuy/oversell.
RSI 200 53.45 53.58 The RSI 200 doesn't show any sign of overbuy/oversell.
Fast Stochastic n/a n/a Heavy exhaustion of the bearish movement, however with no turning signal yet.
Slow Stochastic n/a n/a Bearish trend exhaustion signals, without turning signal.
Simple Moving Average 7 10.82 10.80 Very short-term trend is indefinite.
Simple Moving Average 21 10.99 10.98 Short/Mid-term trend is indefinite.
Simple Moving Average 50 11.01 11.01 Indefinite mid-term trend.
Simple Moving Average 200 9.71 9.72 Bullish long-term trend.
Exponential Moving Average 7 10.80 10.81 Very short-term trend is indefinite.
Exponential Moving Average 21 10.93 10.93 Short/Mid-term trend is indefinite.
Exponential Moving Average 50 10.93 10.93 Indefinite mid-term trend.
Exponential Moving Average 200 10.93 10.93 Indefinite long-term trend.
MACD Line -0.10 -0.09 Price following bullish trend.
MACD Signal -0.07 -0.07 Price following bullish trend.
Bollinger 95 n/a n/a
Bollinger 99 n/a n/a
Double Exponential Moving Average 7 10.87 10.85 Very short-term trend is indefinite.
Double Exponential Moving Average 21 11.10 11.09 Short/Mid-term trend is indefinite.
Double Exponential Moving Average 50 11.10 11.09 Indefinite mid-term trend.
Double Exponential Moving Average 200 11.10 11.09 Indefinite long-term trend.
Divergences n/a n/a NO
On Balance Vol. -177,400.91 -170,571.28 OBV is bearish.
Momentum 7 -0.19 -0.09 Neutral speed of the very short term move.
Momentum 7 -0.38 -0.40 Strong, though not extreme, falling speed in the short term.
% K Williams 53.12 45.31 Neutral, doesn't favour a price turn.
Priority Date Notification
22/08/2019 By being close (above) the short/mid-term Moving Average, it could move on to higher levels, though if it should break below the MA the signal would revert to bearish
22/08/2019 Bullish signal from fast stochastic. Previous close points the chance of rebounds after a recent negative move.
21/08/2019 It's now close and below the short/mid-term Moving Average, therefore it could drift downwards, but if it breaks above the MA would revert the signal
16/08/2019 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
15/08/2019 By being close (above) the short-term Moving Average, it could move, if only temporarily, upwards, though the signal would revert to bearish if it should break below the MA
15/08/2019 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
14/08/2019 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
13/08/2019 It's now close and below the short/mid-term Moving Average, therefore it could drift downwards, but if it breaks above the MA would revert the signal
13/08/2019 Bullish signal from fast stochastic. Previous close points the chance of rebounds after a recent negative move.
12/08/2019 By being close (below) the short-term Moving Average, it could move, if only temporarily, downwards, though the signal would revert to bullish if it should break above the MA
08/08/2019 RSI7 points some overselling, which if increasing, is likely to reflect renewed short term bullish pressure.