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Persimmon (PSN)

2,906.00p

16:05 05/03/21

  • -0.95% -28.00p
  • Today's Low & High
  • 2,856.00 / 2,977.97
  • Open / Previous Close
  • 2,891.00 / 2,906.00
  • 52-week range
  • 5.06% 140.00p
  • Volume
  • 1,051,948
  • Market Cap(million)
  • £9,272.48m

2,907.00p REAL TIME BATS

  • 16:30 05/03/21
  • -0.55%
  • -16.00p

Technical Analysis

Support and resistance levels

S1

2,702.50
-7.00%

R1

3,157.25
8.65%

S2

2,700.00
-7.09%

R2

3,401.19
17.04%

Technical comment

Short term
Medium term
Long term

Pivot Points

  • Levels of negotiation support
  • 2,848.68
  • 2,791.36
  • Levels of negotiation support resistance
  • 2,970.64
  • 3,035.29

Technical situation

Monitor critical support in 2702.5, weakness below.

Recommendation

Short term comment

The technical price analysis can be described as bullish but very close to the support and critical area that today generates the upward guideline in 2702.5 levels. The 2702.5 - 2700 range represents an area of ??greater neutrality, so the loss of 2702.5 would prevent a bullish rating.

Long term comment

As a reaction to the 118.7% prior revaluation, there is a moderate downward reaction, starting in october 2020 at 2743.653, and ending at the low of 2194.042 (8-december-2020). The current rise has exceeded the previous highs, at 2743.653, reaching at the moment 2977.966 (4-march-2021) with no sign of weakness.

Indicator Previous Current Signal Comment
RSI 7 69.90 65.40 The RSI does not warn of overbought or oversold.
RSI 14 62.70 60.40 The RSI does not warn of overbought or oversold.
RSI 21 59.60 58.00 The RSI does not warn of overbought or oversold.
RSI 50 55.50 54.90 The RSI does not warn of overbought or oversold.
RSI 200 53.20 53.10 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 without a turn signal.
Simple Moving Average 7 2,756.14 2,776.43 Very short term trend bullish.
Simple Moving Average 21 2,759.62 2,767.71 Bullish trend in the short-medium term.
Simple Moving Average 50 2,741.38 2,745.22 Bullish medium term trend.
Simple Moving Average 200 2,523.16 2,527.77 Long-term bullish.
Exponential Moving Average 7 2,799.71 2,826.28 Very short term trend bullish.
Exponential Moving Average 21 2,756.61 2,770.19 Bullish trend in the short-medium term.
Exponential Moving Average 50 2,727.63 2,734.62 Bullish medium term trend.
Exponential Moving Average 200 2,542.44 2,546.06 Long-term bullish.
MACD Line -34.60 -42.00 Price in uptrend.
MACD Signal -30.40 -35.00 Price in uptrend.
Bollinger 95 n/a n/a
Bollinger 99 n/a n/a
Double Exponential Moving Average 7 2,799.71 2,826.28 Very short term trend bullish.
Double Exponential Moving Average 21 2,756.61 2,770.19 Bullish trend in the short-medium term.
Double Exponential Moving Average 50 2,727.63 2,734.62 Bullish medium term trend.
Double Exponential Moving Average 200 2,542.44 2,546.06 Long-term bullish.
Divergences n/a n/a NO
On Balance Vol. 13,130,507.00 12,141,636.00 OBV supports recoveries.
Momentum 7 170.00 235.00 Upload speed in the very short term is extremely fast.
Momentum 7 96.00 88.00 Upload speed in the very short term is extremely fast.
% K Williams 0.00 18.10 Overbought, would support a bearish turn.
Priority Date Notification
08/03/2021 Since the price is close to the moving average, it could strengthen to the upside, aothough quotes below it would signal a bearish reversal.
08/03/2021 Since the price is close to the moving average, it could strengthen to the upside, aothough quotes below it would signal a bearish reversal.
08/03/2021 Fast Stochastic bearish signal. The weakness in the previous close indicates the possibility of suffering from downside momentum after a more positive recent phase.
05/03/2021 Some weakness showed at the fast stochastics may kept a lid on any meaningful positive move.
03/03/2021 A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
03/03/2021 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.
03/03/2021 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.
03/03/2021 Price in support area Its loss would be a negative signal, but note the possibility of noise around the level.
03/03/2021 Price in resistance area. Breaking it would be a positive signal, but consider the possibility of noise (false breaks) around the level.
02/03/2021 A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
02/03/2021 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.