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Persimmon (PSN)

2,515.00p

15:49 26/10/20

  • -3.01% -78.00p
  • Today's Low & High
  • 2,500.00 / 2,587.00
  • Open / Previous Close
  • 2,540.00 / 2,515.00
  • 52-week range
  • 7.02% 165.00p
  • Volume
  • 582,558
  • Market Cap(million)
  • £8,021.50m

2,511.00p REAL TIME BATS

  • 16:30 26/10/20
  • -2.60%
  • -67.00p

Technical Analysis

Support and resistance levels

S1

2,493.53
-0.85%

R1

2,552.57
1.49%

S2

2,186.00
-13.08%

R2

2,882.00
14.59%

Technical comment

Short term
Medium term
Long term

Pivot Points

  • Levels of negotiation support
  • 2,481.00
  • 2,447.00
  • Levels of negotiation support resistance
  • 2,568.00
  • 2,621.00

Technical situation

Neutral technical scenario with 2493.534 - 2552.569 range.

Recommendation

Short term comment

From a technical perspective, the situation is neutral-bullish quoting in a range of low movement with near roof in 2552.569 and base in the 2493.534 area. Overcoming any of the two levels that delimit this range would warn of the meaning of the subsequent trend.

Long term comment

Between may 6 and may 26 a bearish phase took place and moved the price from 2998.043 to 1286.006. This phase was corrected by a significative upward reaction that returned the price to 2813.138 levels on the 8th of september. After this, the current fall from 2813.138 to 2434.000 has not reached the previous lows in 1286.006, an area of important support.

Indicator Previous Current Signal Comment
RSI 7 63.20 47.40 The RSI does not warn of overbought or oversold.
RSI 14 56.10 49.10 The RSI does not warn of overbought or oversold.
RSI 21 54.30 49.90 The RSI does not warn of overbought or oversold.
RSI 50 53.00 51.30 The RSI does not warn of overbought or oversold.
RSI 200 52.40 51.90 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 2,512.43 2,510.86 Lack of trend in the very short term.
Simple Moving Average 21 2,536.52 2,541.48 Lack of trend in the short-medium term.
Simple Moving Average 50 2,543.87 2,544.24 Lack of medium term trend.
Simple Moving Average 200 2,362.05 2,362.31 Lack of long-term trend.
Exponential Moving Average 7 2,530.86 2,526.90 Lack of trend in the very short term.
Exponential Moving Average 21 2,528.73 2,527.48 Lack of trend in the short-medium term.
Exponential Moving Average 50 2,509.39 2,509.61 Lack of medium term trend.
Exponential Moving Average 200 2,351.11 2,352.74 Lack of long-term trend.
MACD Line -0.20 2.00 Price in uptrend.
MACD Signal 2.10 4.00 Price in uptrend.
Bollinger 95 n/a n/a
Bollinger 99 n/a n/a
Double Exponential Moving Average 7 2,530.86 2,526.90 Lack of trend in the very short term.
Double Exponential Moving Average 21 2,528.73 2,527.48 Lack of trend in the short-medium term.
Double Exponential Moving Average 50 2,509.39 2,509.61 Lack of medium term trend.
Double Exponential Moving Average 200 2,351.11 2,352.74 Lack of long-term trend.
Divergences n/a n/a NO
On Balance Vol. 52,464,433.00 51,881,875.00 OBV supports recoveries.
Momentum 7 67.00 5.00 Upload speed of the very short term is strong, but not extreme.
Momentum 7 -72.00 -100.00 Short term fall speed is extremely fast.
% K Williams 28.90 66.30 Neutral, does not support price spin.
Priority Date Notification
27/10/2020 A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
27/10/2020 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.
27/10/2020 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.
27/10/2020 Price in support area Its loss would be a negative signal, but note the possibility of noise around the level.
27/10/2020 The price is close to a resistance level so it is recommended to monitor behavior when reaching it.
26/10/2020 Since the price is close to the moving average, it could strengthen to the upside, aothough quotes below it would signal a bearish reversal.
26/10/2020 A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
26/10/2020 A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
26/10/2020 The price is close to supports. It is recommended to monitor if bulls are back in control when they are reached.
23/10/2020 A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
23/10/2020 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.