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Persimmon (PSN)

2,431.00p

14:35 14/11/19

  • -1.46% -36.00p
  • Today's Low & High
  • 2,426.50 / 2,480.34
  • Open / Previous Close
  • 2,462.00 / 2,467.00
  • 52-week range
  • 3.36% 79.00p
  • Volume
  • 527,844
  • Market Cap(million)
  • £7,747.59m

2,436.00p REAL TIME BATS

  • 15:52 14/11/19
  • -1.02%
  • -25.00p

Technical Analysis

Support and resistance levels

S1

21.81
-11.00%

R1

24.53
0.00%

S2

18.41
-25.00%

R2

24.55
0.00%

Technical comment

Short term
Medium term
Long term

Pivot Points

  • Levels of negotiation support
  • 24.15
  • 23.81
  • Levels of negotiation support resistance
  • 24.86
  • 25.23

Technical situation

Long term bearish bias is cancelled / Bullish in the short term if it goes above the resistance zone at 24.55.

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 24.55 mid terms won't be bullish biased.

Long term comment

From some weeks ago, long-term scenario remains bullish. Exhaustion signals that could alert for a trend turn, furthermore, are not yet noticeable.

Indicator Previous Current Signal Comment
RSI 7 81.82 80.21 The RSI 7 points an overbought situation (bullish trend is fragile).
RSI 14 72.02 71.31 The RSI 14 doesn't show any sign of overbuy/oversell.
RSI 21 68.33 67.89 The RSI 21 doesn't show any sign of overbuy/oversell.
RSI 50 60.98 60.81 The RSI 50 doesn't show any sign of overbuy/oversell.
RSI 200 52.20 52.16 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 23.21 23.45 Very short-term trend is bullish.
Simple Moving Average 21 23.38 23.46 Bullish mid-term trend.
Simple Moving Average 50 21.70 21.81 Bullish mid-term trend.
Simple Moving Average 200 21.35 21.36 Bullish long-term trend.
Exponential Moving Average 7 23.49 23.74 Very short-term trend is bullish.
Exponential Moving Average 21 23.00 23.14 Bullish mid-term trend.
Exponential Moving Average 50 23.00 23.14 Bullish mid-term trend.
Exponential Moving Average 200 23.00 23.14 Indefinite long-term trend.
MACD Line 0.49 0.55 Price following bearish trend.
MACD Signal 0.51 0.52 Price following bearish trend.
Bollinger 95 n/a n/a
Bollinger 99 n/a n/a
Double Exponential Moving Average 7 23.08 23.17 Extremely bullish very short-term trend.
Double Exponential Moving Average 21 22.32 22.42 Bullish mid-term trend.
Double Exponential Moving Average 50 22.32 22.42 Bullish mid-term trend.
Double Exponential Moving Average 200 22.32 22.42 Indefinite long-term trend.
Divergences n/a n/a NO
On Balance Vol. 30,662.72 6,370.20 OBV is bullish
Momentum 7 1.73 1.81 Extremely high rising speed in the very short term.
Momentum 7 1.00 1.07 Strong, though not extreme, rising speed in the short term.
% K Williams 2.78 13.45 Overbought, would favour a bearish turn.
Priority Date Notification
14/11/2019 RSI7 points some overbuying, therefore bearish pressure is likely to increase in short terms.
13/11/2019 RSI7 points some overbuying, therefore bearish pressure is likely to increase in short terms.
13/11/2019 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
12/11/2019 Bullish signal from fast stochastic. Previous close points the chance of rebounds after a recent negative move.
11/11/2019 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
08/11/2019 By being close (below) the short-term Moving Average, it could move on to lower levels, though if it should break above the MA the signal would revert to bullish
07/11/2019 It's close to the mid-term moving average, which could turn into an overbuying situation and rise the risk of falls
06/11/2019 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
05/11/2019 It's close to the mid-term moving average, which could turn into an overselling situation and rise the chance of rebounds
31/10/2019 By being close (below) the short/mid-term Moving Average, it could move on to lower levels, though if it should break above the MA the signal would revert to bullish
30/10/2019 By being close (below) the short-term Moving Average, it could move on to lower levels, though if it should break above the MA the signal would revert to bullish