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Royal Mail (RMG)

204.50p

15:59 23/01/20

  • -1.97% -4.10p
  • Today's Low & High
  • 203.70 / 210.12
  • Open / Previous Close
  • 209.50 / 204.50
  • 52-week range
  • -30.94% -91.60p
  • Volume
  • 2,165,236
  • Market Cap(million)
  • £2,044.92m

203.80p REAL TIME BATS

  • 16:35 23/01/20
  • -1.92%
  • -4.00p

Technical Analysis

Support and resistance levels

S1

2.07
0.00%

R1

2.23
8.00%

S2

1.98
-4.00%

R2

2.32
12.00%

Technical comment

Short term
Medium term
Long term

Pivot Points

  • Levels of negotiation support
  • 2.05
  • 2.02
  • Levels of negotiation support resistance
  • 2.10
  • 2.12

Technical situation

Bearish in the long term, though short term won't be bearish-biased as long as it doesn't lose support at 1.98.

Recommendation

Short term comment

Though long-term trend or scenario is bearish, in the mid-term it stands for neutral. Only if it should lose the first important support located at 1.98, los intermediate terms would be bearish-biased together with the long-term structures.

Long term comment

From some months 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 21.01 17.77 The RSI 7 shows an oversold situation (vulnerability of bearish trend).
RSI 14 35.34 33.03 The RSI 14 doesn't show any sign of overbuy/oversell.
RSI 21 41.14 39.49 The RSI 21 doesn't show any sign of overbuy/oversell.
RSI 50 46.95 46.22 The RSI 50 doesn't show any sign of overbuy/oversell.
RSI 200 45.88 45.72 The RSI 200 doesn't show any sign of overbuy/oversell.
Fast Stochastic n/a n/a Bearish trend exhaustion signals, confirmed with turning signal.
Slow Stochastic n/a n/a Bearish trend exhaustion signals, confirmed with turning signal.
Simple Moving Average 7 2.16 2.14
Simple Moving Average 21 2.26 2.24
Simple Moving Average 50 2.24 2.23
Simple Moving Average 200 2.20 2.20 Indefinite long-term trend.
Exponential Moving Average 7 2.16 2.14
Exponential Moving Average 21 2.22 2.21
Exponential Moving Average 50 2.22 2.21
Exponential Moving Average 200 2.22 2.21 Indefinite long-term trend.
MACD Line -0.03 -0.04 Price following bullish trend.
MACD Signal -0.01 -0.02 Price following bullish trend.
Bollinger 95 n/a n/a
Bollinger 99 n/a n/a
Double Exponential Moving Average 7 2.21 2.19 Very short-term trend is bearish.
Double Exponential Moving Average 21 2.28 2.27
Double Exponential Moving Average 50 2.28 2.27
Double Exponential Moving Average 200 2.28 2.27 Indefinite long-term trend.
Divergences n/a n/a NO
On Balance Vol. -304,532.30 -454,972.27 OBV is bearish.
Momentum 7 -0.11 -0.11 High falling speed, though not extreme, in very short terms.
Momentum 7 -0.16 -0.25 Extremely high short-term falling speed.
% K Williams 100.00 95.83 Oversold, would favour a bullish turn.
Priority Date Notification
23/01/2020 RSI7 points some overselling, which if increasing, is likely to reflect renewed short term bullish pressure.
23/01/2020 Bullish signal from fast stochastic. Previous close points the chance of rebounds after a recent negative move.
22/01/2020 RSI7 points some overselling, which if increasing, is likely to reflect renewed short term bullish pressure.
22/01/2020 Bullish signal from fast stochastic. Previous close points the chance of rebounds after a recent negative move.
21/01/2020 RSI7 points some overselling, which if increasing, is likely to reflect renewed short term bullish pressure.
21/01/2020 Bullish signal from fast stochastic. Previous close points the chance of rebounds after a recent negative move.
20/01/2020 Bullish signal from fast stochastic. Previous close points the chance of rebounds after a recent negative move.
17/01/2020 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
16/01/2020 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
15/01/2020 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
14/01/2020 Bullish signal from fast stochastic. Previous close points the chance of rebounds after a recent negative move.