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Ocado Group (OCDO)

2,513.00p

16:11 15/01/21

  • -2.75% -71.00p
  • Today's Low & High
  • 2,488.00 / 2,595.00
  • Open / Previous Close
  • 2,583.00 / 2,513.00
  • 52-week range
  • 0.00% 2,513.00p
  • Volume
  • 1,318,264
  • Market Cap(million)
  • £18,816.45m

2,510.00p REAL TIME BATS

  • 16:30 15/01/21
  • -2.75%
  • -71.00p

Technical Analysis

Support and resistance levels

S1

2,319.62
-7.70%

R1

2,524.00
0.44%

S2

2,104.00
-16.28%

R2

2,960.00
17.79%

Technical comment

Short term
Medium term
Long term

Pivot Points

  • Levels of negotiation support
  • 2,469.00
  • 2,425.00
  • Levels of negotiation support resistance
  • 2,576.00
  • 2,639.00

Technical situation

Neutral technical scenario with 2319.623 - 2524 range.

Recommendation

Short term comment

The technical price analysis can be described as neutral-bullish quoting in a range of low movement with near roof in 2524 and base in the 2319.623 area. Overcoming any of the two levels that delimit this range would warn of the meaning of the subsequent trend.

Long term comment

The downward correction between november and december 2020 pushes back the price from levels at 2914.000, to levels at 2134.000, as a reaction to the previous rise from 994.012 to 2914.000, 193.2%. In any case, the current bullish phase, from the latest lows, starts at 2134.000 and reaches 2606.000, with no sign of medium-term weakness.

Indicator Previous Current Signal Comment
RSI 7 82.10 62.80 The RSI does not warn of overbought or oversold.
RSI 14 69.30 61.50 The RSI does not warn of overbought or oversold.
RSI 21 62.70 58.20 The RSI does not warn of overbought or oversold.
RSI 50 55.70 54.10 The RSI does not warn of overbought or oversold.
RSI 200 55.00 54.50 The RSI does not warn of overbought or oversold.
Fast Stochastic n/a n/a Signs of bullish exhaustion with turn signal.
Slow Stochastic n/a n/a Signs of bullish exhaustion with turn signal.
Simple Moving Average 7 2,486.57 2,503.29 Lack of trend in the very short term.
Simple Moving Average 21 2,350.48 2,361.81 Bullish trend in the short-medium term.
Simple Moving Average 50 2,305.72 2,307.38 Bullish medium term trend.
Simple Moving Average 200 2,179.78 2,186.25 Long-term bullish.
Exponential Moving Average 7 2,496.93 2,500.95 Lack of trend in the very short term.
Exponential Moving Average 21 2,388.03 2,399.39 Bullish trend in the short-medium term.
Exponential Moving Average 50 2,346.11 2,352.65 Bullish medium term trend.
Exponential Moving Average 200 2,139.82 2,143.53 Long-term bullish.
MACD Line -66.30 -56.50 Price in uptrend.
MACD Signal -43.80 -31.50 Price in uptrend.
Bollinger 95 n/a n/a
Bollinger 99 n/a n/a
Double Exponential Moving Average 7 2,496.93 2,500.95 Lack of trend in the very short term.
Double Exponential Moving Average 21 2,388.03 2,399.39 Bullish trend in the short-medium term.
Double Exponential Moving Average 50 2,346.11 2,352.65 Bullish medium term trend.
Double Exponential Moving Average 200 2,139.82 2,143.53 Long-term bullish.
Divergences n/a n/a NO
On Balance Vol. 48,146,334.00 46,828,070.00 OBV supports recoveries.
Momentum 7 188.00 134.00 Upload speed in the very short term is extremely fast.
Momentum 7 345.00 263.00 Upload speed in the very short term is extremely fast.
% K Williams 4.70 22.30 Neutral, does not support price spin.
Priority Date Notification
18/01/2021 A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
18/01/2021 Since the price is close to the moving average, it could strengthen to the upside, aothough quotes below it would signal a bearish reversal.
18/01/2021 Fast Stochastic bearish signal. The weakness in the previous close indicates the possibility of suffering from downside momentum after a more positive recent phase.
18/01/2021 Price in resistance area. Breaking it would be a positive signal, but consider the possibility of noise (false breaks) around the level.
15/01/2021 The RSI7 indicates an overbought price. Thus, bearish pressure can increase in the short term.
15/01/2021 Since the price is close to the moving average, it could strengthen to the upside, aothough quotes below it would signal a bearish reversal.
15/01/2021 The price is close to supports. It is recommended to monitor if bulls are back in control when they are reached.
15/01/2021 Fast Stochastic bearish signal. The weakness in the previous close indicates the possibility of some fresh selling after a more positive recent phase.
14/01/2021 The RSI7 indicates an overbought price. Thus, bearish pressure can increase in the short term.
14/01/2021 Since the price is close to the moving average, it could strengthen to the upside, aothough quotes below it would signal a bearish reversal.
14/01/2021 The price is close to supports. It is recommended to monitor if bulls are back in control when they are reached.