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Redrow (RDW)

441.40p

16:09 07/08/20

  • 1.33% 5.80p
  • Today's Low & High
  • 428.80 / 441.40
  • Open / Previous Close
  • 431.40 / 441.40
  • 52-week range
  • -20.18% -111.60p
  • Volume
  • 764,156
  • Market Cap(million)
  • £1,554.57m

439.00p REAL TIME BATS

  • 16:35 07/08/20
  • 0.97%
  • 4.20p

Technical Analysis

Support and resistance levels

S1

6.03
-2.00%

R1

6.30
2.00%

S2

4.64
-25.00%

R2

6.42
4.00%

Technical comment

Short term
Medium term
Long term

Pivot Points

  • Levels of negotiation support
  • 6.11
  • 6.02
  • Levels of negotiation support resistance
  • 6.25
  • 6.30

Technical situation

Long term bearish bias is cancelled / Bullish in the short term if it goes above the resistance zone at 6.42.

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 6.42 mid terms won't be bullish biased.

Long term comment

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Indicator Previous Current Signal Comment
RSI 7 65.48 53.03 The RSI 7 doesn't show any sign of overbuy/oversell.
RSI 14 58.83 53.21 The RSI 14 doesn't show any sign of overbuy/oversell.
RSI 21 58.24 54.54 The RSI 21 doesn't show any sign of overbuy/oversell.
RSI 50 56.46 54.99 The RSI 50 doesn't show any sign of overbuy/oversell.
RSI 200 52.18 51.82 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 6.11 6.12 Very short-term trend is indefinite.
Simple Moving Average 21 6.18 6.17 Short/Mid-term trend is indefinite.
Simple Moving Average 50 6.02 6.03 Indefinite mid-term trend.
Simple Moving Average 200 5.52 5.52 Bullish long-term trend.
Exponential Moving Average 7 6.15 6.15 Very short-term trend is indefinite.
Exponential Moving Average 21 6.13 6.13 Short/Mid-term trend is indefinite.
Exponential Moving Average 50 6.13 6.13 Indefinite mid-term trend.
Exponential Moving Average 200 6.13 6.13 Indefinite long-term trend.
MACD Line 0.03 0.03 Price following bullish trend.
MACD Signal 0.04 0.04 Price following bullish trend.
Bollinger 95 n/a n/a
Bollinger 99 n/a n/a
Double Exponential Moving Average 7 6.10 6.11 Very short-term trend is indefinite.
Double Exponential Moving Average 21 6.11 6.12 Short/Mid-term trend is indefinite.
Double Exponential Moving Average 50 6.11 6.12 Indefinite mid-term trend.
Double Exponential Moving Average 200 6.11 6.12 Indefinite long-term trend.
Divergences n/a n/a NO
On Balance Vol. 12,234.19 12,129.18 OBV is bullish
Momentum 7 0.13 0.09 High rising speed, though not extreme, in very short terms.
Momentum 7 -0.03 -0.21 Strong, though not extreme, falling speed in the short term.
% K Williams 12.50 37.50 Neutral, doesn't favour a price turn.
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