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279.80p

16:05 03/04/20

  • -6.30% -18.80p
  • Today's Low & High
  • 271.20 / 313.60
  • Open / Previous Close
  • 301.60 / 279.80
  • 52-week range
  • -42.85% -209.80p
  • Volume
  • 1,067,615
  • Market Cap(million)
  • £919.48m

277.40p REAL TIME BATS

  • 16:30 03/04/20
  • -7.96%
  • -24.00p

Technical Analysis

Support and resistance levels

S1

3.00
-9.00%

R1

3.65
11.00%

S2

2.72
-17.00%

R2

4.06
23.00%

Technical comment

Short term
Medium term
Long term

Pivot Points

  • Levels of negotiation support
  • 2.98
  • 2.65
  • Levels of negotiation support resistance
  • 3.63
  • 3.95

Technical situation

Bearish after loss of support in 3.65. Stabilized as it doesn't fall below 3.

Recommendation

Short term comment

It should be pointed out that the loss of the short/mid-term previous support located at 3.65 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 3.

Long term comment

From some weeks 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 56.67 40.88 The RSI 7 doesn't show any sign of overbuy/oversell.
RSI 14 47.94 40.13 The RSI 14 doesn't show any sign of overbuy/oversell.
RSI 21 44.40 38.96 The RSI 21 doesn't show any sign of overbuy/oversell.
RSI 50 42.69 39.82 The RSI 50 doesn't show any sign of overbuy/oversell.
RSI 200 46.18 45.13 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 Bullish trend exhaustion signals, confirmed with turning signal.
Simple Moving Average 7 3.47 3.48 Very short-term trend is bearish.
Simple Moving Average 21 3.48 3.46
Simple Moving Average 50 4.08 4.06 Bearish mid-term trend.
Simple Moving Average 200 4.47 4.46
Exponential Moving Average 7 3.50 3.45
Exponential Moving Average 21 3.58 3.55
Exponential Moving Average 50 3.58 3.55
Exponential Moving Average 200 3.58 3.55 Indefinite long-term trend.
MACD Line -0.16 -0.17 Price following bearish trend.
MACD Signal -0.23 -0.22 Price following bearish trend.
Bollinger 95 n/a n/a
Bollinger 99 n/a n/a
Double Exponential Moving Average 7 3.40 3.42
Double Exponential Moving Average 21 3.86 3.82 Bearish mid-term trend.
Double Exponential Moving Average 50 3.86 3.82
Double Exponential Moving Average 200 3.86 3.82
Divergences n/a n/a NO
On Balance Vol. 140,655.78 103,399.97 OBV is bullish
Momentum 7 0.38 -0.17 High falling speed, though not extreme, in very short terms.
Momentum 7 0.22 0.13 Strong, though not extreme, rising speed in the short term.
% K Williams 9.88 48.15 Neutral, doesn't favour a price turn.
Priority Date Notification
30/03/2020 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
25/03/2020 RSI7 points some overselling, which if increasing, is likely to reflect renewed short term bullish pressure.
25/03/2020 RSI14 points some overselling, which if increasing, is likely to reflect renewed short and mid term bullish pressure.
24/03/2020 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
23/03/2020 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
20/03/2020 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
19/03/2020 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
18/03/2020 Clear oversell according to RSI7, which could develop a short-term turn.
18/03/2020 Clear oversell according to RSI14, which could develop a short/mid-term turn.
18/03/2020 RSI7 points some overselling, which if increasing, is likely to reflect renewed mid term bullish pressure.
18/03/2020 Bullish signal from fast stochastic. Previous close points the chance of rebounds after a recent negative move.