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ICG Enterprise Trust (ICGT)

816.00p

15:44 11/08/20

  • -2.86% -24.00p
  • Today's Low & High
  • 804.00 / 842.00
  • Open / Previous Close
  • 842.00 / 816.00
  • 52-week range
  • -6.64% -58.00p
  • Volume
  • 47,002
  • Market Cap(million)
  • £561.14m

777.00p REAL TIME BATS

  • 08:05 12/08/20
  • -5.93%
  • -49.00p

Technical Analysis

Support and resistance levels

S1

610.62
-18.58%

R1

833.33
11.11%

S2

720.98
-3.87%

R2

933.33
24.44%

Technical comment

Short term
Medium term
Long term

Pivot Points

  • Levels of negotiation support
  • 716.67
  • 683.33
  • Levels of negotiation support resistance
  • 766.67
  • 783.33

Technical situation

Monitor critical support in 720.975, weakness below.

Recommendation

Short term comment

The evolution of prices presents an environment bullish but very close to the support and critical area that today generates the upward guideline in 720.975 levels. The 720.975 - 610.622 range represents an area of ??greater neutrality, so the loss of 720.975 would prevent a bullish rating.

Long term comment

The fall in prices from 1014.948, to 460.000 drilled the previous lows, in in november 2019, at 847.366, looking for lower levels up to 460.000 (13-april-2020). The current uptrend, however, is limited, since it does not show a solid overrun of the aforementioned benchmark of 847.366, levels.

Indicator Previous Current Signal Comment
RSI 7 76.40 80.20 The RSI7 signals overbought (vulnerable bullish trend).
RSI 14 61.50 63.90 The RSI7 does not warn of overbought or oversold.
RSI 21 55.50 57.10 The RSI7 does not warn of overbought or oversold.
RSI 50 48.80 49.50 The RSI7 does not warn of overbought or oversold.
RSI 200 47.60 48.00 The RSI7 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 7 710.80 723.60 Very short term trend bullish.
Simple Moving Average 21 710.80 723.60 Bullish trend in the short-medium term.
Simple Moving Average 50 710.80 723.60 Lack of medium term trend.
Simple Moving Average 200 710.80 723.60 Lack of long-term trend.
Exponential Moving Average 7 708.53 718.90 Very short term trend bullish.
Exponential Moving Average 21 689.31 694.83 Bullish trend in the short-medium term.
Exponential Moving Average 50 704.48 706.26 Bullish medium term trend.
Exponential Moving Average 200 813.46 812.82 Lack of long-term trend.
MACD Line -13.40 -16.40 Price in uptrend.
MACD Signal -11.10 -13.00 Price in uptrend.
Bollinger 95 n/a n/a
Bollinger 99 n/a n/a
Double Exponential Moving Average 7 708.53 718.90 Very short term trend bullish.
Double Exponential Moving Average 21 689.31 694.83 Bullish trend in the short-medium term.
Double Exponential Moving Average 50 704.48 706.26 Bullish medium term trend.
Double Exponential Moving Average 200 813.46 812.82 Lack of long-term trend.
Divergences n/a n/a NO
On Balance Vol. 4,021,591.00 4,066,006.00 OBV supports recoveries.
Momentum 7 56.00 60.00 Upload speed in the very short term is extremely fast.
Momentum 7 46.00 50.00 Upload speed in the very short term is extremely fast.
% K Williams 28.60 17.00 Overbought, would support a bearish turn.
Priority Date Notification
02/06/2020 The RSI7 indicates overbought price, then, bearish pressure can increase in the short term.
02/06/2020 Being close (above) the short-term moving average may evolve upwards, although if it drops below the signal would be reversed to bearish.
02/06/2020 Being close (above) the short-term moving average may evolve upwards, although if it drops below the signal would be reversed to bearish.
02/06/2020 Being close (above) the short-term moving average may evolve upwards, although if it drops below the signal would be reversed to bearish.
02/06/2020 Fast Stochastic bearish signal. The weakness in the previous closure indicates the possibility of attending cuts after a more positive recent phase.