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Ocado Group (OCDO)

1,364.50p

16:05 03/04/20

  • 2.21% 29.50p
  • Today's Low & High
  • 1,303.00 / 1,386.00
  • Open / Previous Close
  • 1,335.50 / 1,364.50
  • 52-week range
  • -0.26% -3.50p
  • Volume
  • 2,464,680
  • Market Cap(million)
  • £9,735.57m

1,363.50p REAL TIME BATS

  • 16:30 03/04/20
  • 2.67%
  • 35.50p

Technical Analysis

Support and resistance levels

S1

12.40
-7.00%

R1

13.89
4.00%

S2

10.55
-21.00%

R2

14.80
11.00%

Technical comment

Short term
Medium term
Long term

Pivot Points

  • Levels of negotiation support
  • 12.87
  • 12.33
  • Levels of negotiation support resistance
  • 13.90
  • 14.39

Technical situation

Long term bearish bias is cancelled / Bullish in the short term if it goes above the resistance zone at 14.8.

Recommendation

Short term comment

Rises from the last lows set at allows the long-term trend to lose the negative bias. As long as it doesn't go above the previous resistance located at 14.8 mid terms won't be bullish biased.

Long term comment

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Indicator Previous Current Signal Comment
RSI 7 58.15 62.97 The RSI 7 doesn't show any sign of overbuy/oversell.
RSI 14 55.76 58.36 The RSI 14 doesn't show any sign of overbuy/oversell.
RSI 21 54.50 56.43 The RSI 21 doesn't show any sign of overbuy/oversell.
RSI 50 52.22 53.29 The RSI 50 doesn't show any sign of overbuy/oversell.
RSI 200 52.10 52.48 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 12.45 12.57 Extremely bullish very short-term trend.
Simple Moving Average 21 12.24 12.32 Bullish mid-term trend.
Simple Moving Average 50 12.06 12.07 Bullish mid-term trend.
Simple Moving Average 200 12.39 12.40 Indefinite long-term trend.
Exponential Moving Average 7 12.58 12.77 Very short-term trend is bullish.
Exponential Moving Average 21 12.37 12.46 Bullish mid-term trend.
Exponential Moving Average 50 12.37 12.46 Bullish mid-term trend.
Exponential Moving Average 200 12.37 12.46 Indefinite long-term trend.
MACD Line 0.23 0.28 Price following bearish trend.
MACD Signal 0.25 0.26 Price following bearish trend.
Bollinger 95 n/a n/a
Bollinger 99 n/a n/a
Double Exponential Moving Average 7 12.70 12.67 Extremely bullish very short-term trend.
Double Exponential Moving Average 21 11.84 11.89 Extremely bullish short/mid term trend.
Double Exponential Moving Average 50 11.84 11.89 Bullish mid-term trend.
Double Exponential Moving Average 200 11.84 11.89 Bullish long-term trend.
Divergences n/a n/a NO
On Balance Vol. -124,313.82 -38,726.41 OBV is bearish.
Momentum 7 0.47 0.60 High rising speed, though not extreme, in very short terms.
Momentum 7 1.10 1.89 Extremely high short-term rising speed.
% K Williams 63.13 53.09 Neutral, doesn't favour a price turn.
Priority Date Notification
02/04/2020 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
01/04/2020 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
26/03/2020 Bearish signal from fast stochastic. Previous close's weakness points the risk of falls after a recent positive move.
25/03/2020 Slight weakness pointed by fast stochastics. Likely subsequent short-term drops.
20/03/2020 RSI7 points some overbuying, therefore bearish pressure is likely to increase in short terms.
19/03/2020 RSI7 points some overbuying, therefore bearish pressure is likely to increase in short terms.
09/03/2020 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
06/03/2020 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
06/03/2020 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
05/03/2020 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
04/03/2020 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.