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Mondi (MNDI)

1,615.00p

15:34 10/12/19

  • -2.00% -33.00p
  • Today's Low & High
  • 1,598.50 / 1,635.00
  • Open / Previous Close
  • 1,635.00 / 1,647.00
  • 52-week range
  • -0.68% -11.00p
  • Volume
  • 1,148,101
  • Market Cap(million)
  • £7,841.69m

1,613.50p REAL TIME BATS

  • 16:30 10/12/19
  • -1.74%
  • -28.50p

Technical Analysis

Support and resistance levels

S1

16.18
-3.00%

R1

17.23
4.00%

S2

15.04
-10.00%

R2

18.47
11.00%

Technical comment

Short term
Medium term
Long term

Pivot Points

  • Levels of negotiation support
  • 16.36
  • 16.22
  • Levels of negotiation support resistance
  • 16.79
  • 17.08

Technical situation

The short term rebound goes above the resistance level at 17.85, it would be necessary to go above 17.23 to slightly improve.

Recommendation

Short term comment

Remains a mid-long term neutral-bearish trend, although rises from the last relative lows set at 15.04 stands for a neutral-bullish short-term bias. This movement's goals are found at last bearish move's origin at 17.23. Going above this resistance would positively bias short terms and even press upwards the mid-long term scenario.

Long term comment

From some months ago, long-term scenario remains bearish. However, it shall be taken in account that since the last lows an exhaustion in the trend is being noticed. Therefore, extreme caution is recommended in spite of an eventual upwards turn.

Indicator Previous Current Signal Comment
RSI 7 31.05 51.61 The RSI 7 doesn't show any sign of overbuy/oversell.
RSI 14 43.80 52.31 The RSI 14 doesn't show any sign of overbuy/oversell.
RSI 21 47.34 52.59 The RSI 21 doesn't show any sign of overbuy/oversell.
RSI 50 48.87 50.96 The RSI 50 doesn't show any sign of overbuy/oversell.
RSI 200 48.54 49.06 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 16.65 16.60 Very short-term trend is indefinite.
Simple Moving Average 21 16.68 16.65 Short/Mid-term trend is indefinite.
Simple Moving Average 50 16.16 16.18 Indefinite mid-term trend.
Simple Moving Average 200 16.84 16.83 Indefinite long-term trend.
Exponential Moving Average 7 16.54 16.57 Very short-term trend is indefinite.
Exponential Moving Average 21 16.56 16.56 Short/Mid-term trend is indefinite.
Exponential Moving Average 50 16.56 16.56 Indefinite mid-term trend.
Exponential Moving Average 200 16.56 16.56 Indefinite long-term trend.
MACD Line 0.08 0.07 Price following bullish trend.
MACD Signal 0.15 0.14 Price following bullish trend.
Bollinger 95 n/a n/a
Bollinger 99 n/a n/a
Double Exponential Moving Average 7 16.72 16.69 Very short-term trend is indefinite.
Double Exponential Moving Average 21 16.43 16.45 Short/Mid-term trend is indefinite.
Double Exponential Moving Average 50 16.43 16.45 Indefinite mid-term trend.
Double Exponential Moving Average 200 16.43 16.45 Indefinite long-term trend.
Divergences n/a n/a NO
On Balance Vol. -139,193.05 -174,376.54 OBV is bearish.
Momentum 7 -0.78 -0.21 High falling speed, though not extreme, in very short terms.
Momentum 7 -0.40 -0.06 Neutral speed of the short term move.
% K Williams 92.47 46.24 Neutral, doesn't favour a price turn.
Priority Date Notification
10/12/2019 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
10/12/2019 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
05/12/2019 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
04/12/2019 It's close to the mid-term moving average, which could turn into an overbuying situation and rise the risk of falls
25/11/2019 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
25/11/2019 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
21/11/2019 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
20/11/2019 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
20/11/2019 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
19/11/2019 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
19/11/2019 Bearish signal from fast stochastic. Previous close's weakness points the risk of falls after a recent positive move.