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Caledonia Investments (CLDN)

2,630.00p

15:36 08/04/20

  • 5.41% 135.00p
  • Today's Low & High
  • 2,420.00 / 2,630.00
  • Open / Previous Close
  • 2,425.00 / 2,630.00
  • 52-week range
  • -11.74% -350.00p
  • Volume
  • 42,490
  • Market Cap(million)
  • £1,456.34m

Technical Analysis

Support and resistance levels

S1

27.29
-2.00%

R1

28.15
1.00%

S2

26.00
-6.00%

R2

28.50
3.00%

Technical comment

Short term
Medium term
Long term

Pivot Points

  • Levels of negotiation support
  • 27.30
  • 27.05
  • Levels of negotiation support resistance
  • 28.05
  • 28.55

Technical situation

Fully retracing the last bullish impulse / Wait for development between 26.5 and 26.

Recommendation

Short term comment

Mid/long-term scenario has turned to neutral-bearish. Shorter terms, however, point a neutral bias since it set highs at 28.5. At this time, there is a first support in the recently set lows at 26.5. Loss of this support would be a negative signal and likely mean a mid-term downwards turn that would be confirmed if it lost 26. On the other hand, going above 28.15 Would stand for cancelling the bearish signs.

Long term comment

From some months ago, 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.long-term scenario remains bearish.

Indicator Previous Current Signal Comment
RSI 7 48.06 65.52 The RSI 7 doesn't show any sign of overbuy/oversell.
RSI 14 48.67 58.45 The RSI 14 doesn't show any sign of overbuy/oversell.
RSI 21 48.98 55.94 The RSI 21 doesn't show any sign of overbuy/oversell.
RSI 50 49.13 52.42 The RSI 50 doesn't show any sign of overbuy/oversell.
RSI 200 50.25 51.17 The RSI 200 doesn't show any sign of overbuy/oversell.
Fast Stochastic n/a n/a Intermediate zone for the indicator, no exhaustion signal.
Slow Stochastic n/a n/a Intermediate zone for the indicator, no exhaustion signal.
Simple Moving Average 7 27.03 27.21 Very short-term trend is bullish.
Simple Moving Average 21 27.23 27.24 Short/Mid-term trend is indefinite.
Simple Moving Average 50 27.03 27.04 Indefinite mid-term trend.
Simple Moving Average 200 27.30 27.29 Indefinite long-term trend.
Exponential Moving Average 7 27.09 27.27 Very short-term trend is bullish.
Exponential Moving Average 21 27.13 27.19 Bullish mid-term trend.
Exponential Moving Average 50 27.13 27.19 Indefinite mid-term trend.
Exponential Moving Average 200 27.13 27.19 Indefinite long-term trend.
MACD Line -0.03 0.03 Price following bearish trend.
MACD Signal -0.02 -0.01 Price following bearish trend.
Bollinger 95 n/a n/a
Bollinger 99 n/a n/a
Double Exponential Moving Average 7 27.03 27.08 Very short-term trend is bullish.
Double Exponential Moving Average 21 27.20 27.20 Bullish mid-term trend.
Double Exponential Moving Average 50 27.20 27.20 Indefinite mid-term trend.
Double Exponential Moving Average 200 27.20 27.20 Indefinite long-term trend.
Divergences n/a n/a NO
On Balance Vol. -787.98 -896.38 OBV is bearish.
Momentum 7 0.55 1.00 High rising speed, though not extreme, in very short terms.
Momentum 7 -0.35 0.80 Strong, though not extreme, rising speed in the short term.
% K Williams 56.00 0.00 Overbought, would favour a bearish turn.
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