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Diageo (DGE)

2,926.50p

16:05 19/01/21

  • 1.00% 29.00p
  • Today's Low & High
  • 2,893.00 / 2,934.50
  • Open / Previous Close
  • 2,912.00 / 2,926.50
  • 52-week range
  • -10.80% -354.50p
  • Volume
  • 2,400,074
  • Market Cap(million)
  • £68,464.02m

3,290.50p REAL TIME BATS

  • 16:28 19/01/21
  • 0.00%
  • 0.00p

Technical Analysis

Support and resistance levels

S1

2,868.64
-1.00%

R1

2,967.00
2.40%

S2

2,782.29
-3.98%

R2

3,032.00
4.64%

Technical comment

Short term
Medium term
Long term

Pivot Points

  • Levels of negotiation support
  • 2,883.50
  • 2,869.50
  • Levels of negotiation support resistance
  • 2,916.00
  • 2,934.50

Technical situation

In critical support zone in 2868.643.

Recommendation

Short term comment

The scenario, technically speaking, bullish placing the price at 2868.643 levels, especially critical support below which the technical rating would go to a neutral state. Upward, it is advisable to monitor resistive levels of 2967 and 3032 that would warn of an improvement in technical bias.

Long term comment

After the previous rise, with a 45.4% revaluation, there was an important downward correction phase of -17.3%, initiated in august 2020 at 2933.959, and ended at the low of 2426.000 (13-october-2020). The current gains have exceeded the previous peaks at 2933.959, currently reaching 3090.570 (6-december-2020) with no sign of weakness.

Indicator Previous Current Signal Comment
RSI 7 39.80 38.70 The RSI does not warn of overbought or oversold.
RSI 14 46.20 45.70 The RSI does not warn of overbought or oversold.
RSI 21 49.10 48.80 The RSI does not warn of overbought or oversold.
RSI 50 52.00 51.80 The RSI does not warn of overbought or oversold.
RSI 200 50.50 50.40 The RSI does not warn of overbought or oversold.
Fast Stochastic n/a n/a Sign of significant bearish exhaustion but no turn signal.
Slow Stochastic n/a n/a Sign of significant bearish exhaustion but no turn signal.
Simple Moving Average 7 2,952.43 2,939.36 Trend in the very short term bearish.
Simple Moving Average 21 2,949.62 2,947.64 Lack of trend in the short-medium term.
Simple Moving Average 50 2,931.94 2,936.91 Lack of medium term trend.
Simple Moving Average 200 2,731.37 2,733.74 Lack of long-term trend.
Exponential Moving Average 7 2,935.37 2,925.90 Lack of trend in the very short term.
Exponential Moving Average 21 2,944.05 2,939.82 Lack of trend in the short-medium term.
Exponential Moving Average 50 2,898.74 2,898.69 Lack of medium term trend.
Exponential Moving Average 200 2,804.69 2,805.61 Lack of long-term trend.
MACD Line 10.90 13.90 Price in uptrend.
MACD Signal 15.70 17.20 Price in uptrend.
Bollinger 95 n/a n/a
Bollinger 99 n/a n/a
Double Exponential Moving Average 7 2,935.37 2,925.90 Lack of trend in the very short term.
Double Exponential Moving Average 21 2,944.05 2,939.82 Lack of trend in the short-medium term.
Double Exponential Moving Average 50 2,898.74 2,898.69 Lack of medium term trend.
Double Exponential Moving Average 200 2,804.69 2,805.61 Lack of long-term trend.
Divergences n/a n/a NO
On Balance Vol. -53,346,327.00 -54,349,443.00 OBV supports falls.
Momentum 7 -86.00 -140.50 Short term fall speed is extremely fast.
Momentum 7 -11.00 -147.50 Short term fall speed is extremely fast.
% K Williams 84.60 87.50 Oversold, would support a bullish turn.
Priority Date Notification
19/01/2021 Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
19/01/2021 Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
19/01/2021 Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
19/01/2021 Price in support area Its loss would be a negative signal, but note the possibility of noise around the level.
19/01/2021 Bullish fast stochastic signal. The previous close indicates the possibility of renewed bullish momentum after a recent negative phase.
19/01/2021 The price is close to a resistance level so it is recommended to monitor behavior when reaching it.
18/01/2021 Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
18/01/2021 Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
18/01/2021 Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
18/01/2021 The price is close to supports. It is recommended to monitor if bulls are back in control when they are reached.
18/01/2021 Bullish fast stochastic signal. The previous close indicates the possibility of renewed bullish momentum after a recent negative phase.