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Mitie Group (MTO)

161.00p

15:35 22/08/19

  • 0.06% 0.10p
  • Today's Low & High
  • 158.70 / 163.10
  • Open / Previous Close
  • 158.70 / 160.90
  • 52-week range
  • 7.76% 11.60p
  • Volume
  • 81,747
  • Market Cap(million)
  • £589.16m

160.50p REAL TIME BATS

  • 16:50 22/08/19
  • -0.25%
  • -0.40p

Technical Analysis

Support and resistance levels

S1

1.59
-1.00%

R1

1.63
2.00%

S2

1.17
-27.00%

R2

1.67
4.00%

Technical comment

Short term
Medium term
Long term

Pivot Points

  • Levels of negotiation support
  • 1.55
  • 1.48
  • Levels of negotiation support resistance
  • 1.66
  • 1.70

Technical situation

Bullish in the long term, although it must still break above the resistance at 1.67 to slightly improve in the short term.

Recommendation

Short term comment

Even though the long term trend or scenario is bullish, in the mid term it just stands for neutral. Only if it could rise above the first important resistance at 1.67, intermediate terms would be bullish-biased together with the long-term structure.

Long term comment

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Indicator Previous Current Signal Comment
RSI 7 57.33 44.35 The RSI 7 doesn't show any sign of overbuy/oversell.
RSI 14 54.51 48.86 The RSI 14 doesn't show any sign of overbuy/oversell.
RSI 21 54.73 51.29 The RSI 21 doesn't show any sign of overbuy/oversell.
RSI 50 54.54 53.29 The RSI 50 doesn't show any sign of overbuy/oversell.
RSI 200 50.16 49.89 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 1.61 1.60 Very short-term trend is indefinite.
Simple Moving Average 21 1.62 1.62 Short/Mid-term trend is indefinite.
Simple Moving Average 50 1.59 1.59 Indefinite mid-term trend.
Simple Moving Average 200 1.40 1.40 Bullish long-term trend.
Exponential Moving Average 7 1.61 1.61 Very short-term trend is indefinite.
Exponential Moving Average 21 1.61 1.61 Short/Mid-term trend is indefinite.
Exponential Moving Average 50 1.61 1.61 Indefinite mid-term trend.
Exponential Moving Average 200 1.61 1.61 Indefinite long-term trend.
MACD Line 0.01 0.01 Possible price turn.
MACD Signal 0.01 0.01 Possible price turn.
Bollinger 95 n/a n/a
Bollinger 99 n/a n/a
Double Exponential Moving Average 7 1.62 1.62
Double Exponential Moving Average 21 1.60 1.61 Short/Mid-term trend is indefinite.
Double Exponential Moving Average 50 1.60 1.61 Indefinite mid-term trend.
Double Exponential Moving Average 200 1.60 1.61 Indefinite long-term trend.
Divergences n/a n/a NO
On Balance Vol. -16,704.03 -17,025.03 OBV is bearish.
Momentum 7 -0.01 -0.01 Neutral speed of the very short term move.
Momentum 7 -0.02 -0.04 Strong, though not extreme, falling speed in the short term.
% K Williams 46.15 69.23 Neutral, doesn't favour a price turn.
Priority Date Notification
30/07/2019 Bearish signal from fast stochastic. Previous close's weakness points the risk of falls after a recent positive move.
29/07/2019 Bearish signal from fast stochastic. Previous close's weakness points the risk of falls after a recent positive move.
26/07/2019 Bearish signal from fast stochastic. Previous close's weakness points the risk of falls after a recent positive move.
25/07/2019 Bearish signal from fast stochastic. Previous close's weakness points the risk of falls after a recent positive move.
24/07/2019 Bearish signal from fast stochastic. Previous close's weakness points the risk of falls after a recent positive move.
23/07/2019 Bearish signal from fast stochastic. Previous close's weakness points the risk of falls after a recent positive move.
22/07/2019 Bearish signal from fast stochastic. Previous close's weakness points the risk of falls after a recent positive move.
19/07/2019 Slight weakness pointed by fast stochastics. Likely subsequent short-term drops.
18/07/2019 Slight weakness pointed by fast stochastics. Likely subsequent short-term drops.
17/07/2019 Slight weakness pointed by fast stochastics. Likely subsequent short-term drops.
09/07/2019 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.