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Mondi (MNDI)

1,478.00p

07:35 06/08/20

  • 3.72% 53.00p
  • Today's Low & High
  • 1,472.00 / 1,503.50
  • Open / Previous Close
  • 1,489.00 / 1,425.00
  • 52-week range
  • -4.86% -75.50p
  • Volume
  • 202,481
  • Market Cap(million)
  • £7,176.48m

1,489.00p REAL TIME BATS

  • 08:51 06/08/20
  • 4.90%
  • 69.50p

Technical Analysis

Support and resistance levels

S1

13.64
-4.00%

R1

15.30
7.00%

S2

12.11
-15.00%

R2

17.80
25.00%

Technical comment

Short term
Medium term
Long term

Pivot Points

  • Levels of negotiation support
  • 14.08
  • 13.94
  • Levels of negotiation support resistance
  • 14.42
  • 14.62

Technical situation

Bearish in the long term, though short term won't be bearish-biased as long as it doesn't lose support at 12.11.

Recommendation

Short term comment

Though long-term trend or scenario is bearish, in the mid-term it stands for neutral. Only if it should lose the first important support located at 12.11, los intermediate terms would be bearish-biased together with the long-term structures.

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 34.53 47.87 The RSI 7 doesn't show any sign of overbuy/oversell.
RSI 14 38.65 45.64 The RSI 14 doesn't show any sign of overbuy/oversell.
RSI 21 42.34 46.70 The RSI 21 doesn't show any sign of overbuy/oversell.
RSI 50 46.87 48.38 The RSI 50 doesn't show any sign of overbuy/oversell.
RSI 200 47.91 48.29 The RSI 200 doesn't show any sign of overbuy/oversell.
Fast Stochastic n/a n/a Heavy exhaustion of the bearish movement, however with no turning signal yet.
Slow Stochastic n/a n/a Bearish trend exhaustion signals, without turning signal.
Simple Moving Average 7 14.15 14.13 Very short-term trend is indefinite.
Simple Moving Average 21 14.57 14.53 Short/Mid-term trend is indefinite.
Simple Moving Average 50 14.89 14.88
Simple Moving Average 200 15.30 15.30 Indefinite long-term trend.
Exponential Moving Average 7 14.14 14.17 Very short-term trend is indefinite.
Exponential Moving Average 21 14.49 14.47 Short/Mid-term trend is indefinite.
Exponential Moving Average 50 14.49 14.47 Indefinite mid-term trend.
Exponential Moving Average 200 14.49 14.47 Indefinite long-term trend.
MACD Line -0.22 -0.21 Price following bullish trend.
MACD Signal -0.11 -0.13 Price following bullish trend.
Bollinger 95 n/a n/a
Bollinger 99 n/a n/a
Double Exponential Moving Average 7 14.46 14.38 Very short-term trend is indefinite.
Double Exponential Moving Average 21 14.80 14.77
Double Exponential Moving Average 50 14.80 14.77 Indefinite mid-term trend.
Double Exponential Moving Average 200 14.80 14.77 Indefinite long-term trend.
Divergences n/a n/a NO
On Balance Vol. -131,304.84 -139,531.15 OBV is bearish.
Momentum 7 -0.51 -0.07 Neutral speed of the very short term move.
Momentum 7 -0.90 -0.56 Strong, though not extreme, falling speed in the short term.
% K Williams 81.50 54.36 Neutral, doesn't favour a price turn.
Priority Date Notification
06/08/2020 Bullish signal from fast stochastic. Previous close points the chance of rebounds after a recent negative move.
05/08/2020 Bullish signal from fast stochastic. Previous close points the chance of rebounds after a recent negative move.
04/08/2020 RSI7 points some overselling, which if increasing, is likely to reflect renewed short term bullish pressure.
23/07/2020 It's close to the mid-term moving average, which could turn into an overselling situation and rise the chance of rebounds
20/07/2020 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
17/07/2020 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
16/07/2020 Bullish signal from fast stochastic. Previous close points the chance of rebounds after a recent negative move.
15/07/2020 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
08/07/2020 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
03/07/2020 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
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