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Intertek Group (ITRK)

5,398.00p

16:05 09/07/20

  • -1.17% -64.00p
  • Today's Low & High
  • 5,388.00 / 5,480.00
  • Open / Previous Close
  • 5,430.00 / 5,398.00
  • 52-week range
  • -3.57% -200.00p
  • Volume
  • 179,424
  • Market Cap(million)
  • £8,712.00m

5,430.00p REAL TIME BATS

  • 16:30 09/07/20
  • -0.59%
  • -32.00p

Technical Analysis

Support and resistance levels

S1

53.14
-3.00%

R1

55.12
1.00%

S2

40.88
-25.00%

R2

55.62
2.00%

Technical comment

Short term
Medium term
Long term

Pivot Points

  • Levels of negotiation support
  • 54.30
  • 53.89
  • Levels of negotiation support resistance
  • 55.04
  • 55.37

Technical situation

Long term bearish bias is cancelled / Bullish in the short term if it goes above the resistance zone at 55.62.

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 55.62 mid terms won't be bullish biased.

Long term comment

--

Indicator Previous Current Signal Comment
RSI 7 57.23 51.92 The RSI 7 doesn't show any sign of overbuy/oversell.
RSI 14 58.11 55.69 The RSI 14 doesn't show any sign of overbuy/oversell.
RSI 21 57.28 55.92 The RSI 21 doesn't show any sign of overbuy/oversell.
RSI 50 53.25 52.85 The RSI 50 doesn't show any sign of overbuy/oversell.
RSI 200 51.01 50.90 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 54.71 54.69 Very short-term trend is indefinite.
Simple Moving Average 21 54.08 54.13 Short/Mid-term trend is indefinite.
Simple Moving Average 50 51.75 51.90 Bullish mid-term trend.
Simple Moving Average 200 53.14 53.14 Indefinite long-term trend.
Exponential Moving Average 7 54.74 54.71 Very short-term trend is indefinite.
Exponential Moving Average 21 54.09 54.14 Short/Mid-term trend is indefinite.
Exponential Moving Average 50 54.09 54.14 Indefinite mid-term trend.
Exponential Moving Average 200 54.09 54.14 Indefinite long-term trend.
MACD Line 0.73 0.68 Price following bullish trend.
MACD Signal 0.80 0.77 Price following bullish trend.
Bollinger 95 n/a n/a
Bollinger 99 n/a n/a
Double Exponential Moving Average 7 54.46 54.52 Very short-term trend is indefinite.
Double Exponential Moving Average 21 53.21 53.30 Bullish mid-term trend.
Double Exponential Moving Average 50 53.21 53.30 Indefinite mid-term trend.
Double Exponential Moving Average 200 53.21 53.30 Indefinite long-term trend.
Divergences n/a n/a NO
On Balance Vol. 57,758.93 55,636.92 OBV is bullish
Momentum 7 0.18 0.22 Neutral speed of the very short term move.
Momentum 7 1.34 0.68 Neutral speed of the short term move.
% K Williams 31.93 41.57 Neutral, doesn't favour a price turn.
Priority Date Notification
10/07/2020 By being close (below) the short-term Moving Average, it could move, if only temporarily, downwards, though the signal would revert to bullish if it should break above the MA
10/07/2020 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
09/07/2020 By being close (above) the short-term Moving Average, it could move on to higher levels, though if it should break below the MA the signal would revert to bearish
08/07/2020 Bearish signal from fast stochastic. Previous close's weakness points the risk of falls after a recent positive move.
07/07/2020 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
07/07/2020 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
06/07/2020 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
03/07/2020 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
02/07/2020 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
02/07/2020 It's close to the mid-term moving average, which could turn into an overselling situation and rise the chance of rebounds
29/06/2020 By being close (above) the short-term Moving Average, it could move on to higher levels, though if it should break below the MA the signal would revert to bearish