sharecast

{{ storiesRelated.title }}

Greggs (GRG)

2,056.00p

15:34 22/01/21

  • 0.10% 2.00p
  • Today's Low & High
  • 2,014.00 / 2,074.00
  • Open / Previous Close
  • 2,042.00 / 2,054.00
  • 52-week range
  • -13.69% -326.00p
  • Volume
  • 295,997
  • Market Cap(million)
  • £2,085.32m

2,056.00p REAL TIME BATS

  • 16:30 22/01/21
  • -0.10%
  • -2.00p

Technical Analysis

Support and resistance levels

S1

1,727.01
-16.00%

R1

2,168.00
5.45%

S2

1,528.96
-25.63%

R2

2,288.00
11.28%

Technical comment

Short term
Medium term
Long term

Pivot Points

  • Levels of negotiation support
  • 2,022.00
  • 1,988.00
  • Levels of negotiation support resistance
  • 2,082.00
  • 2,108.00

Technical situation

Monitor critical support in 1727.008, weakness below.

Recommendation

Short term comment

A technical perspective allows setting the environment as bullish but very close to the support and critical area that today generates the upward guideline in 1727.008 levels. The 1727.008 - 1528.962 range represents an area of ??greater neutrality, so the loss of 1727.008 would prevent a bullish rating.

Long term comment

Although in november 2020 lows at 1113.000 were reached, lower levels than the previous reference lows in march 2020 at 1692.360, the current bullish trend has been able to rebound, thus advancing by 86.3% and above, again, both levels, with highs, at the moment, in quotas of 2074.000.

Indicator Previous Current Signal Comment
RSI 7 79.80 79.90 The RSI signals overbought (vulnerable bullish trend).
RSI 14 71.20 71.30 The RSI does not warn of overbought or oversold.
RSI 21 67.90 68.00 The RSI does not warn of overbought or oversold.
RSI 50 61.20 61.30 The RSI does not warn of overbought or oversold.
RSI 200 52.70 52.70 The RSI does not warn of overbought or oversold.
Fast Stochastic n/a n/a Sign of significant bullish exhaustion but no turn signal.
Slow Stochastic n/a n/a Sign of significant bullish exhaustion but no turn signal.
Simple Moving Average 7 1,923.14 1,959.57 Very short term trend bullish.
Simple Moving Average 21 1,855.91 1,872.95 Bullish trend in the short-medium term.
Simple Moving Average 50 1,782.88 1,790.28 Bullish medium term trend.
Simple Moving Average 200 1,576.18 1,577.84 Long-term bullish.
Exponential Moving Average 7 1,950.96 1,977.22 Very short term trend bullish.
Exponential Moving Average 21 1,867.52 1,884.66 Bullish trend in the short-medium term.
Exponential Moving Average 50 1,757.88 1,769.57 Extremely bullish in the medium-term trend.
Exponential Moving Average 200 1,651.40 1,655.43 Long-term bullish.
MACD Line -48.70 -53.70 Price in uptrend.
MACD Signal -25.30 -28.00 Price in uptrend.
Bollinger 95 n/a n/a
Bollinger 99 n/a n/a
Double Exponential Moving Average 7 1,950.96 1,977.22 Very short term trend bullish.
Double Exponential Moving Average 21 1,867.52 1,884.66 Bullish trend in the short-medium term.
Double Exponential Moving Average 50 1,757.88 1,769.57 Extremely bullish in the medium-term trend.
Double Exponential Moving Average 200 1,651.40 1,655.43 Long-term bullish.
Divergences n/a n/a NO
On Balance Vol. 6,370,013.00 6,810,692.00 OBV supports recoveries.
Momentum 7 253.00 193.00 Upload speed in the very short term is extremely fast.
Momentum 7 283.00 276.00 Upload speed in the very short term is extremely fast.
% K Williams 2.70 4.80 Overbought, would support a bearish turn.
Priority Date Notification
25/01/2021 The RSI7 indicates an overbought price. Thus, bearish pressure can increase in the short term.
25/01/2021 Since the price is close to the moving average, it could strengthen to the upside, aothough quotes below it would signal a bearish reversal.
25/01/2021 Fast Stochastic bearish signal. The weakness in the previous close indicates the possibility of some fresh selling after a more positive recent phase.
22/01/2021 The RSI7 indicates an overbought price. Thus, bearish pressure can increase in the short term.
22/01/2021 Fast Stochastic bearish signal. The weakness in the previous close indicates the possibility of some fresh selling after a more positive recent phase.
21/01/2021 Fast Stochastic bearish signal. The weakness in the previous close indicates the possibility of some fresh selling after a more positive recent phase.
21/01/2021 The price is close to a resistance level so it is recommended to monitor behavior when reaching it.
20/01/2021 Since the price is close to the moving average, it could strengthen to the upside, aothough quotes below it would signal a bearish reversal.
20/01/2021 Some weakness showed at the fast stochastics may kept a lid on any meaningful positive move.
19/01/2021 A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
19/01/2021 Since the price is close to the moving average, it could strengthen to the upside, aothough quotes below it would signal a bearish reversal.