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Inchcape (INCH)

679.50p

13:44 06/12/19

  • 2.18% 14.50p
  • Today's Low & High
  • 664.40 / 679.61
  • Open / Previous Close
  • 668.50 / 665.00
  • 52-week range
  • 25.02% 136.00p
  • Volume
  • 220,275
  • Market Cap(million)
  • £2,719.88m

680.00p REAL TIME BATS

  • 15:00 06/12/19
  • 2.45%
  • 16.25p

Technical Analysis

Support and resistance levels

S1

6.40
-1.00%

R1

6.49
0.00%

S2

5.47
-16.00%

R2

6.77
4.00%

Technical comment

Short term
Medium term
Long term

Pivot Points

  • Levels of negotiation support
  • 6.43
  • 6.39
  • Levels of negotiation support resistance
  • 6.53
  • 6.59

Technical situation

Long term bearish bias is cancelled / Bullish in the short term if it goes above the resistance zone at 6.77.

Recommendation

Short term comment

Rises from the last lows set at allows the long-term trend to lose the negative bias. As long as it doesn't go above the previous resistance located at 6.77 mid terms won't be bullish biased.

Long term comment

From some months ago, long-term scenario remains bullish. Exhaustion signals that could alert for a trend turn, furthermore, are not yet noticeable.

Indicator Previous Current Signal Comment
RSI 7 44.90 51.85 The RSI 7 doesn't show any sign of overbuy/oversell.
RSI 14 50.15 52.75 The RSI 14 doesn't show any sign of overbuy/oversell.
RSI 21 51.64 53.21 The RSI 21 doesn't show any sign of overbuy/oversell.
RSI 50 52.86 53.47 The RSI 50 doesn't show any sign of overbuy/oversell.
RSI 200 50.29 50.44 The RSI 200 doesn't show any sign of overbuy/oversell.
Fast Stochastic n/a n/a Bullish trend exhaustion signals, confirmed with turning signal.
Slow Stochastic n/a n/a Intermediate zone for the indicator, no exhaustion signal.
Simple Moving Average 7 6.52 6.52 Very short-term trend is indefinite.
Simple Moving Average 21 6.44 6.45 Short/Mid-term trend is indefinite.
Simple Moving Average 50 6.39 6.40 Indefinite mid-term trend.
Simple Moving Average 200 6.08 6.08 Indefinite long-term trend.
Exponential Moving Average 7 6.49 6.49 Very short-term trend is indefinite.
Exponential Moving Average 21 6.46 6.46 Short/Mid-term trend is indefinite.
Exponential Moving Average 50 6.46 6.46 Indefinite mid-term trend.
Exponential Moving Average 200 6.46 6.46 Indefinite long-term trend.
MACD Line 0.03 0.03 Possible price turn.
MACD Signal 0.03 0.03 Possible price turn.
Bollinger 95 n/a n/a
Bollinger 99 n/a n/a
Double Exponential Moving Average 7 6.48 6.49 Very short-term trend is indefinite.
Double Exponential Moving Average 21 6.42 6.43 Short/Mid-term trend is indefinite.
Double Exponential Moving Average 50 6.42 6.43 Indefinite mid-term trend.
Double Exponential Moving Average 200 6.42 6.43 Indefinite long-term trend.
Divergences n/a n/a NO
On Balance Vol. -51,742.05 -51,058.96 OBV is bearish.
Momentum 7 -0.06 -0.03 Neutral speed of the very short term move.
Momentum 7 0.09 -0.05 Neutral speed of the short term move.
% K Williams 54.55 42.42 Neutral, doesn't favour a price turn.
Priority Date Notification
06/12/2019 By being close (below) the short-term Moving Average, it could move on to lower levels, though if it should break above the MA the signal would revert to bullish
06/12/2019 By being close (above) the short/mid-term Moving Average, it could move on to higher levels, though if it should break below the MA the signal would revert to bearish
06/12/2019 Bearish signal from fast stochastic. Previous close's weakness points the risk of falls after a recent positive move.
05/12/2019 By being close (below) the short/mid-term Moving Average, it could move on to lower levels, though if it should break above the MA the signal would revert to bullish
05/12/2019 It's now close and above the mid-term Moving Average, therefore it could move upwards, but if it breaks below the MA would revert the signal
05/12/2019 Bearish signal from fast stochastic. Previous close's weakness points the risk of falls after a recent positive move.
04/12/2019 By being close (below) the short-term Moving Average, it could move on to lower levels, though if it should break above the MA the signal would revert to bullish
04/12/2019 Slight weakness pointed by fast stochastics. Likely subsequent short-term drops.
26/11/2019 By being close (above) the short-term Moving Average, it could move, if only temporarily, upwards, though the signal would revert to bearish if it should break below the MA
26/11/2019 Since it's close and above the short/mid-term Moving Average it could move upwards -though it it should break below the MA would revert the signal-
26/11/2019 It's now close and below the short/mid-term Moving Average, therefore it could drift downwards, but if it breaks above the MA would revert the signal