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Morrison (Wm) Supermarkets (MRW)

183.70p

16:05 19/04/21

  • 1.80% 3.25p
  • Today's Low & High
  • 180.10 / 184.00
  • Open / Previous Close
  • 180.20 / 183.70
  • 52-week range
  • -1.18% -2.20p
  • Volume
  • 8,381,189
  • Market Cap(million)
  • £4,426.64m

183.65p REAL TIME BATS

  • 16:30 19/04/21
  • 1.77%
  • 3.20p

Technical Analysis

Support and resistance levels

S1

173.98
-2.48%

R1

180.28
1.05%

S2

170.12
-4.64%

R2

187.00
4.82%

Technical comment

Short term
Medium term
Long term

Pivot Points

  • Levels of negotiation support
  • 177.43
  • 176.45
  • Levels of negotiation support resistance
  • 179.54
  • 180.67

Technical situation

Neutral technical scenario with 173.975 - 180.275 range.

Recommendation

Short term comment

Technical bias can be considered neutral-bullish quoting in a range of low movement with near roof in 180.275 and base in the 173.975 area. Overcoming any of the two levels that delimit this range would warn of the meaning of the subsequent trend.

Long term comment

Between july and august 2020 there was a bullish phase that moved the prices from 157.457 to 209.876. This phase was corrected by a relevant bearish reaction that returned the quotation until 161.265 in december 2020 levels. Following this, the current rise from 161.265 to 191.750 has not reached the previous highs at 209.876, an area of significant resistance.

Indicator Previous Current Signal Comment
RSI 7 34.30 31.20 The RSI does not warn of overbought or oversold.
RSI 14 47.70 45.80 The RSI does not warn of overbought or oversold.
RSI 21 50.20 48.90 The RSI does not warn of overbought or oversold.
RSI 50 50.50 50.00 The RSI does not warn of overbought or oversold.
RSI 200 49.40 49.30 The RSI does not warn of overbought or oversold.
Fast Stochastic n/a n/a Indicator in intermediate zone, with no sign of exhaustion.
Slow Stochastic n/a n/a Indicator in intermediate zone, with no sign of exhaustion.
Simple Moving Average 7 182.53 181.83 Trend in the very short term bearish.
Simple Moving Average 21 180.64 180.87 Lack of trend in the short-medium term.
Simple Moving Average 50 176.44 176.44 Lack of medium term trend.
Simple Moving Average 200 179.72 179.66 Lack of long-term trend.
Exponential Moving Average 7 181.62 180.82 Trend in the very short term bearish.
Exponential Moving Average 21 180.46 180.27 Lack of trend in the short-medium term.
Exponential Moving Average 50 178.69 178.68 Lack of medium term trend.
Exponential Moving Average 200 179.90 179.88 Lack of long-term trend.
MACD Line -0.10 0.40 Price in uptrend.
MACD Signal 0.70 1.10 Price in uptrend.
Bollinger 95 n/a n/a
Bollinger 99 n/a n/a
Double Exponential Moving Average 7 181.62 180.82 Trend in the very short term bearish.
Double Exponential Moving Average 21 180.46 180.27 Lack of trend in the short-medium term.
Double Exponential Moving Average 50 178.69 178.68 Lack of medium term trend.
Double Exponential Moving Average 200 179.90 179.88 Lack of long-term trend.
Divergences n/a n/a NO
On Balance Vol. -73,767,174.00 -80,768,200.00 OBV supports falls.
Momentum 7 -4.20 -5.50 Short term fall speed is extremely fast.
Momentum 7 -0.15 -1.25 Neutral speed of very short-term movement.
% K Williams 45.20 58.80 Neutral, does not support price spin.
Priority Date Notification
16/04/2021 Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
16/04/2021 A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
16/04/2021 Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
16/04/2021 The price is close to supports. It is recommended to monitor if bulls are back in control when they are reached.
16/04/2021 The price is close to a resistance level so it is recommended to monitor behavior when reaching it.
15/04/2021 Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
15/04/2021 A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
15/04/2021 Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
15/04/2021 The price is close to supports. It is recommended to monitor if bulls are back in control when they are reached.
15/04/2021 Price in resistance area. Breaking it would be a positive signal, but consider the possibility of noise (false breaks) around the level.
14/04/2021 Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.