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Signature Aviation (BBA)

256.20p

07:09 27/10/20

  • -0.62% -1.60p
  • Today's Low & High
  • 256.20 / 258.10
  • Open / Previous Close
  • 258.10 / 257.80
  • 52-week range
  • -15.04% -45.35p
  • Volume
  • 6,476
  • Market Cap(million)
  • £2,123.47m

315.90p REAL TIME BATS

  • 16:30 26/10/20
  • 0.00%
  • 0.00p

Technical Analysis

Support and resistance levels

S1

2.99
-5.00%

R1

3.32
6.00%

S2

2.64
-16.00%

R2

3.50
11.00%

Technical comment

Short term
Medium term
Long term

Pivot Points

  • Levels of negotiation support
  • 2.48
  • 2.14
  • Levels of negotiation support resistance
  • 3.50
  • 4.18

Technical situation

Reaching the first technical reference of support around 2.97 / Keep watching

Recommendation

Short term comment

Remains a mid-long term neutral-bullish trend, although in the short term the bias is only neutral since it set highs at 3.5. The recent lows set at 2.99 provide some support at the Fibonacci retracement level of 38.2% relating to the last bullish impulse.rebounds from these levels would only mean an upwards bias if it would go above the resistance level at 3.32.

Long term comment

From some months ago, long-term scenario remains bullish. However, it must be considered that, since the last highs, it's showing certain exhaustion in this trend, which should stand for extreme caution in spite of a downwards turn.

Indicator Previous Current Signal Comment
RSI 7 65.76 73.03 The RSI 7 doesn't show any sign of overbuy/oversell.
RSI 14 56.66 60.86 The RSI 14 doesn't show any sign of overbuy/oversell.
RSI 21 53.96 56.78 The RSI 21 doesn't show any sign of overbuy/oversell.
RSI 50 53.26 54.42 The RSI 50 doesn't show any sign of overbuy/oversell.
RSI 200 52.03 52.35 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 3.07 3.08 Very short-term trend is bullish.
Simple Moving Average 21 3.05 3.05 Bullish mid-term trend.
Simple Moving Average 50 3.08 3.08 Indefinite mid-term trend.
Simple Moving Average 200 2.81 2.82 Bullish long-term trend.
Exponential Moving Average 7 3.08 3.09 Very short-term trend is bullish.
Exponential Moving Average 21 3.06 3.07 Bullish mid-term trend.
Exponential Moving Average 50 3.06 3.07 Indefinite mid-term trend.
Exponential Moving Average 200 3.06 3.07 Indefinite long-term trend.
MACD Line 0.00 0.01 Price following bearish trend.
MACD Signal -0.01 0.00 Price following bearish trend.
Bollinger 95 n/a n/a
Bollinger 99 n/a n/a
Double Exponential Moving Average 7 3.05 3.06 Very short-term trend is bullish.
Double Exponential Moving Average 21 3.05 3.05 Bullish mid-term trend.
Double Exponential Moving Average 50 3.05 3.05 Indefinite mid-term trend.
Double Exponential Moving Average 200 3.05 3.05 Indefinite long-term trend.
Divergences n/a n/a NO
On Balance Vol. 24,474.89 105,162.03 OBV is bullish
Momentum 7 0.06 0.12 High rising speed, though not extreme, in very short terms.
Momentum 7 0.02 0.10 Strong, though not extreme, rising speed in the short term.
% K Williams 13.33 0.98 Overbought, would favour a bearish turn.
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