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Taylor Wimpey (TW.)

163.50p

15:35 16/07/19

  • 0.34% 0.55p
  • Today's Low & High
  • 162.10 / 165.10
  • Open / Previous Close
  • 164.10 / 163.05
  • 52-week range
  • -6.43% -11.25p
  • Volume
  • 9,344,048
  • Market Cap(million)
  • £5,362.36m

163.55p REAL TIME BATS

  • 16:30 16/07/19
  • 0.46%
  • 0.75p

Technical Analysis

Support and resistance levels

S1

1.64
0.00%

R1

1.65
1.00%

S2

1.29
-21.00%

R2

2.05
25.00%

Technical comment

Short term
Medium term
Long term

Pivot Points

  • Levels of negotiation support
  • 1.62
  • 1.60
  • Levels of negotiation support resistance
  • 1.67
  • 1.70

Technical situation

Fully retracing the last bullish impulse / Wait for development between 1.55 and 1.29.

Recommendation

Short term comment

Mid/long-term scenario has turned to neutral-bearish. Shorter terms, however, point a neutral bias since it set highs at 2.05. At this time, there is a first support in the recently set lows at 1.55. Loss of this support would be a negative signal and likely mean a mid-term downwards turn that would be confirmed if it lost 1.29. On the other hand, going above 1.65 Would stand for cancelling the bearish signs.

Long term comment

From some weeks ago, 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.long-term scenario remains bearish.

Indicator Previous Current Signal Comment
RSI 7 52.03 72.03 The RSI 7 doesn't show any sign of overbuy/oversell.
RSI 14 46.12 58.29 The RSI 14 doesn't show any sign of overbuy/oversell.
RSI 21 43.72 51.90 The RSI 21 doesn't show any sign of overbuy/oversell.
RSI 50 45.52 48.51 The RSI 50 doesn't show any sign of overbuy/oversell.
RSI 200 48.19 48.85 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 1.59 1.60 Very short-term trend is bullish.
Simple Moving Average 21 1.58 1.58 Bullish mid-term trend.
Simple Moving Average 50 1.65 1.65 Indefinite mid-term trend.
Simple Moving Average 200 1.64 1.64 Indefinite long-term trend.
Exponential Moving Average 7 1.59 1.60 Very short-term trend is bullish.
Exponential Moving Average 21 1.59 1.60 Bullish mid-term trend.
Exponential Moving Average 50 1.59 1.60 Indefinite mid-term trend.
Exponential Moving Average 200 1.59 1.60 Indefinite long-term trend.
MACD Line -0.01 -0.01 Price following bearish trend.
MACD Signal -0.02 -0.02 Price following bearish trend.
Bollinger 95 n/a n/a
Bollinger 99 n/a n/a
Double Exponential Moving Average 7 1.59 1.59 Very short-term trend is bullish.
Double Exponential Moving Average 21 1.61 1.61 Short/Mid-term trend is indefinite.
Double Exponential Moving Average 50 1.61 1.61 Indefinite mid-term trend.
Double Exponential Moving Average 200 1.61 1.61 Indefinite long-term trend.
Divergences n/a n/a NO
On Balance Vol. 697,002.83 751,709.17 OBV is bullish
Momentum 7 -0.03 0.03 High rising speed, though not extreme, in very short terms.
Momentum 7 0.03 0.08 Strong, though not extreme, rising speed in the short term.
% K Williams 84.62 22.22 Neutral, doesn't favour a price turn.
Priority Date Notification
05/07/2019 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
04/07/2019 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
03/07/2019 Bullish signal from fast stochastic. Previous close points the chance of rebounds after a recent negative move.
02/07/2019 Bullish signal from fast stochastic. Previous close points the chance of rebounds after a recent negative move.
01/07/2019 RSI7 points some overselling, which if increasing, is likely to reflect renewed short term bullish pressure.
01/07/2019 Bullish signal from fast stochastic. Previous close points the chance of rebounds after a recent negative move.
28/06/2019 RSI7 points some overselling, which if increasing, is likely to reflect renewed short term bullish pressure.
10/06/2019 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
07/06/2019 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
06/06/2019 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
05/06/2019 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.