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Diageo (DGE)

2,520.50p

15:34 08/04/20

  • -1.89% -48.50p
  • Today's Low & High
  • 2,496.00 / 2,584.00
  • Open / Previous Close
  • 2,545.00 / 2,569.00
  • 52-week range
  • -19.43% -608.00p
  • Volume
  • 2,660,393
  • Market Cap(million)
  • £64,574.92m

2,466.00p REAL TIME BATS

  • 16:30 08/04/20
  • 0.00%
  • 0.00p

Technical Analysis

Support and resistance levels

S1

22.19
-12.00%

R1

27.79
10.00%

S2

22.19
-12.00%

R2

36.14
43.00%

Technical comment

Short term
Medium term
Long term

Pivot Points

  • Levels of negotiation support
  • 24.88
  • 24.55
  • Levels of negotiation support resistance
  • 25.55
  • 25.89

Technical situation

Bearish bias after the loss of support at 22.48/ Very short-term stabilization above 22.19.

Recommendation

Short term comment

Losses from the last relative highs set at 36.14 makes the long-term bullish scenario to be recently discarded. Very short-term falls restrainment gives a positive signal that will remain as long as it doesn't lose support at 22.19.

Long term comment

From some weeks ago, long-term scenario remains bearish. Exhaustion signals that could alert for an upwards trend turn, furthermore, are not yet noticeable.

Indicator Previous Current Signal Comment
RSI 7 45.03 54.06 The RSI 7 doesn't show any sign of overbuy/oversell.
RSI 14 42.88 47.48 The RSI 14 doesn't show any sign of overbuy/oversell.
RSI 21 41.28 44.66 The RSI 21 doesn't show any sign of overbuy/oversell.
RSI 50 40.57 42.46 The RSI 50 doesn't show any sign of overbuy/oversell.
RSI 200 45.68 46.35 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 25.13 25.21 Very short-term trend is indefinite.
Simple Moving Average 21 24.57 24.46 Bullish mid-term trend.
Simple Moving Average 50 27.92 27.79
Simple Moving Average 200 31.54 31.50
Exponential Moving Average 7 24.77 24.88 Very short-term trend is bullish.
Exponential Moving Average 21 25.27 25.26 Short/Mid-term trend is indefinite.
Exponential Moving Average 50 25.27 25.26 Indefinite mid-term trend.
Exponential Moving Average 200 25.27 25.26 Indefinite long-term trend.
MACD Line -0.83 -0.74 Price following bearish trend.
MACD Signal -1.14 -1.06 Price following bearish trend.
Bollinger 95 n/a n/a
Bollinger 99 n/a n/a
Double Exponential Moving Average 7 24.76 24.87 Very short-term trend is bullish.
Double Exponential Moving Average 21 26.65 26.45
Double Exponential Moving Average 50 26.65 26.45
Double Exponential Moving Average 200 26.65 26.45 Indefinite long-term trend.
Divergences n/a n/a DIVSIB
On Balance Vol. -488,340.99 -369,846.23 OBV is bearish.
Momentum 7 -0.20 -0.87 High falling speed, though not extreme, in very short terms.
Momentum 7 2.02 3.02 Extremely high short-term rising speed.
% K Williams 48.96 38.80 Neutral, doesn't favour a price turn.
Priority Date Notification
07/04/2020 It's close to the mid-term moving average, which could turn into an overbuying situation and rise the risk of falls
27/03/2020 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
26/03/2020 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
25/03/2020 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
24/03/2020 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
23/03/2020 RSI7 points some overselling, which if increasing, is likely to reflect renewed short term bullish pressure.
23/03/2020 RSI14 points some overselling, which if increasing, is likely to reflect renewed short and mid term bullish pressure.
23/03/2020 RSI7 points some overselling, which if increasing, is likely to reflect renewed mid term bullish pressure.
23/03/2020 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
20/03/2020 Clear oversell according to RSI7, which could develop a short-term turn.
20/03/2020 RSI14 points some overselling, which if increasing, is likely to reflect renewed short and mid term bullish pressure.