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Taylor Wimpey (TW.)

223.30p

15:25 24/01/20

  • 2.01% 4.40p
  • Today's Low & High
  • 220.39 / 224.80
  • Open / Previous Close
  • 220.50 / 218.90
  • 52-week range
  • 34.19% 56.90p
  • Volume
  • 8,068,746
  • Market Cap(million)
  • £7,331.18m

223.30p REAL TIME BATS

  • 16:30 24/01/20
  • 1.96%
  • 4.30p

Technical Analysis

Support and resistance levels

S1

2.05
-6.00%

R1

2.18
0.00%

S2

1.91
-12.00%

R2

2.64
22.00%

Technical comment

Short term
Medium term
Long term

Pivot Points

  • Levels of negotiation support
  • 2.14
  • 2.11
  • Levels of negotiation support resistance
  • 2.19
  • 2.21

Technical situation

Has broken the mid/long term previous resistance level at 2.05 / Bullish for every analysis term.

Recommendation

Short term comment

Going above the mid-long term previous resistance located at 2.05 allows mid-term trend to be bullish biased, particularly considering that has gone above by a 5.53. This means, as well, a bullish structure for every analysis term.

Long term comment

From some months 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 87.27 89.86 The RSI 7 warns of heavy overbuying, watch for turning signals.
RSI 14 78.02 80.09 The RSI 14 points an overbought situation (bullish trend is fragile).
RSI 21 73.70 75.31 The RSI 21 points an overbought situation (bullish trend is fragile).
RSI 50 65.38 66.28 The RSI 50 doesn't show any sign of overbuy/oversell.
RSI 200 55.27 55.59 The RSI 200 doesn't show any sign of overbuy/oversell.
Fast Stochastic n/a n/a Heavy exhaustion of the bullish movement, however with no turning signal yet.
Slow Stochastic n/a n/a Heavy exhaustion of the bullish movement, however with no turning signal yet.
Simple Moving Average 7 2.10 2.12 Very short-term trend is bullish.
Simple Moving Average 21 2.00 2.01 Bullish mid-term trend.
Simple Moving Average 50 1.86 1.87 Extremely bullish mid-term trend.
Simple Moving Average 200 1.69 1.70 Bullish long-term trend.
Exponential Moving Average 7 2.10 2.11 Very short-term trend is bullish.
Exponential Moving Average 21 2.01 2.02 Bullish mid-term trend.
Exponential Moving Average 50 2.01 2.02 Bullish mid-term trend.
Exponential Moving Average 200 2.01 2.02 Indefinite long-term trend.
MACD Line 0.08 0.08 Price following bearish trend.
MACD Signal 0.06 0.07 Price following bearish trend.
Bollinger 95 n/a n/a
Bollinger 99 n/a n/a
Double Exponential Moving Average 7 2.04 2.06 Extremely bullish very short-term trend.
Double Exponential Moving Average 21 1.90 1.91 Extremely bullish short/mid term trend.
Double Exponential Moving Average 50 1.90 1.91 Bullish mid-term trend.
Double Exponential Moving Average 200 1.90 1.91 Bullish long-term trend.
Divergences n/a n/a NO
On Balance Vol. 3,627,071.21 4,083,955.86 OBV is bullish
Momentum 7 0.11 0.09 High rising speed, though not extreme, in very short terms.
Momentum 7 0.17 0.22 Extremely high short-term rising speed.
% K Williams 8.33 11.11 Overbought, would favour a bearish turn.
Priority Date Notification
24/01/2020 Heavy overbuying according to RSI7, caution since it might stand for short-term falls.
24/01/2020 RSI14 points some overbuying, therefore bearish pressure is likely to increase in short and mid terms.
24/01/2020 RSI7 points some overbuying, therefore bearish pressure is likely to increase in mid terms.
24/01/2020 Bearish signal from fast stochastic. Previous close's weakness points the risk of falls after a recent positive move.
23/01/2020 Heavy overbuying according to RSI7, caution since it might stand for short-term falls.
23/01/2020 RSI14 points some overbuying, therefore bearish pressure is likely to increase in short and mid terms.
23/01/2020 Bearish signal from fast stochastic. Previous close's weakness points the risk of falls after a recent positive move.
22/01/2020 Heavy overbuying according to RSI7, caution since it might stand for short-term falls.
22/01/2020 RSI14 points some overbuying, therefore bearish pressure is likely to increase in short and mid terms.
22/01/2020 Slight weakness pointed by fast stochastics. Likely subsequent short-term drops.
21/01/2020 Heavy overbuying according to RSI7, caution since it might stand for short-term falls.