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Mondi (MNDI)

1,597.50p

15:45 22/08/19

  • -0.71% -11.50p
  • Today's Low & High
  • 1,582.50 / 1,611.00
  • Open / Previous Close
  • 1,603.00 / 1,597.50
  • 52-week range
  • -25.63% -550.50p
  • Volume
  • 1,547,078
  • Market Cap(million)
  • £7,756.72m

1,595.50p REAL TIME BATS

  • 16:50 22/08/19
  • -0.75%
  • -12.00p

Technical Analysis

Support and resistance levels

S1

15.37
-2.00%

R1

15.78
1.00%

S2

12.89
-18.00%

R2

16.27
4.00%

Technical comment

Short term
Medium term
Long term

Pivot Points

  • Levels of negotiation support
  • 15.55
  • 15.42
  • Levels of negotiation support resistance
  • 15.80
  • 15.92

Technical situation

Bearish after loss of support in 15.78. Stabilized as it doesn't fall below 15.37.

Recommendation

Short term comment

It should be pointed out that the loss of the short/mid-term previous support located at 15.78 has damaged the long-term structure, turning to bearish for every analysis term; however, some slight exhaustion of the bearish bias is detected in very short terms, although any positive bias would be lost again if it should lose 15.37.

Long term comment

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

Indicator Previous Current Signal Comment
RSI 7 34.34 38.28 The RSI 7 doesn't show any sign of overbuy/oversell.
RSI 14 34.40 36.29 The RSI 14 doesn't show any sign of overbuy/oversell.
RSI 21 36.86 38.11 The RSI 21 doesn't show any sign of overbuy/oversell.
RSI 50 42.49 43.01 The RSI 50 doesn't show any sign of overbuy/oversell.
RSI 200 47.12 47.24 The RSI 200 doesn't show any sign of overbuy/oversell.
Fast Stochastic n/a n/a Bearish trend exhaustion signals, confirmed with turning signal.
Slow Stochastic n/a n/a Bearish trend exhaustion signals, confirmed with turning signal.
Simple Moving Average 7 15.73 15.69 Very short-term trend is indefinite.
Simple Moving Average 21 16.81 16.71
Simple Moving Average 50 17.31 17.29
Simple Moving Average 200 17.43 17.42 Indefinite long-term trend.
Exponential Moving Average 7 15.71 15.70 Very short-term trend is indefinite.
Exponential Moving Average 21 16.45 16.38
Exponential Moving Average 50 16.45 16.38
Exponential Moving Average 200 16.45 16.38 Indefinite long-term trend.
MACD Line -0.59 -0.58 Price following bullish trend.
MACD Signal -0.47 -0.49 Price following bullish trend.
Bollinger 95 n/a n/a
Bollinger 99 n/a n/a
Double Exponential Moving Average 7 16.00 15.92
Double Exponential Moving Average 21 17.42 17.36
Double Exponential Moving Average 50 17.42 17.36
Double Exponential Moving Average 200 17.42 17.36 Indefinite long-term trend.
Divergences n/a n/a NO
On Balance Vol. -1,235,994.57 -1,166,901.68 OBV is bearish.
Momentum 7 -0.35 -0.22 High falling speed, though not extreme, in very short terms.
Momentum 7 -2.68 -1.83 Extremely high short-term falling speed.
% K Williams 58.96 51.49 Neutral, doesn't favour a price turn.
Priority Date Notification
22/08/2019 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
22/08/2019 Bullish signal from fast stochastic. Previous close points the chance of rebounds after a recent negative move.
21/08/2019 Bullish signal from fast stochastic. Previous close points the chance of rebounds after a recent negative move.
20/08/2019 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
19/08/2019 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
16/08/2019 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
15/08/2019 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
14/08/2019 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
14/08/2019 Bullish signal from fast stochastic. Previous close points the chance of rebounds after a recent negative move.
13/08/2019 Bullish signal from fast stochastic. Previous close points the chance of rebounds after a recent negative move.
09/08/2019 Clear oversell according to RSI7, which could develop a short-term turn.