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Victrex plc (VCT)

2,100.00p

16:00 14/06/19

  • -0.10% -2.00p
  • Today's Low & High
  • 2,086.00 / 2,104.00
  • Open / Previous Close
  • 2,086.00 / 2,100.00
  • 52-week range
  • -32.21% -998.00p
  • Volume
  • 204,279
  • Market Cap(million)
  • £1,814.83m

2,100.00p REAL TIME BATS

  • 16:48 14/06/19
  • 0.10%
  • 2.00p

Technical Analysis

Support and resistance levels

S1

19.50
-6.00%

R1

24.22
16.00%

S2

18.55
-11.00%

R2

24.97
20.00%

Technical comment

Short term
Medium term
Long term

Pivot Points

  • Levels of negotiation support
  • 20.72
  • 20.56
  • Levels of negotiation support resistance
  • 21.02
  • 21.16

Technical situation

Remains in a neutral-bearish trend as long as it doesn't lose support at 18.55.

Recommendation

Short term comment

The turning point to be bearish in every term stands at the support level located at 18.55. As long as it doesn't lose this level, the long term trend (scenario) won't stand for more than neutral-bearish, with this level as a limit for every fall.

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 63.59 58.90 The RSI 7 doesn't show any sign of overbuy/oversell.
RSI 14 48.58 47.15 The RSI 14 doesn't show any sign of overbuy/oversell.
RSI 21 45.08 44.27 The RSI 21 doesn't show any sign of overbuy/oversell.
RSI 50 44.06 43.76 The RSI 50 doesn't show any sign of overbuy/oversell.
RSI 200 47.12 47.05 The RSI 200 doesn't show any sign of overbuy/oversell.
Fast Stochastic n/a n/a Bullish trend exhaustion signals, without turning signal.
Slow Stochastic n/a n/a Bullish trend exhaustion signals, without turning signal.
Simple Moving Average 7 20.66 20.71 Very short-term trend is indefinite.
Simple Moving Average 21 20.34 20.35 Bullish mid-term trend.
Simple Moving Average 50 22.24 22.22
Simple Moving Average 200 25.02 24.97
Exponential Moving Average 7 20.67 20.71 Very short-term trend is indefinite.
Exponential Moving Average 21 20.83 20.83 Short/Mid-term trend is indefinite.
Exponential Moving Average 50 20.83 20.83 Indefinite mid-term trend.
Exponential Moving Average 200 20.83 20.83 Indefinite long-term trend.
MACD Line -0.41 -0.36 Price following bearish trend.
MACD Signal -0.63 -0.58 Price following bearish trend.
Bollinger 95 n/a n/a
Bollinger 99 n/a n/a
Double Exponential Moving Average 7 20.38 20.46 Very short-term trend is bullish.
Double Exponential Moving Average 21 21.56 21.45
Double Exponential Moving Average 50 21.56 21.45 Indefinite mid-term trend.
Double Exponential Moving Average 200 21.56 21.45 Indefinite long-term trend.
Divergences n/a n/a NO
On Balance Vol. 67,702.65 72,263.72 OBV is bullish
Momentum 7 0.43 0.39 High rising speed, though not extreme, in very short terms.
Momentum 7 1.11 0.75 Strong, though not extreme, rising speed in the short term.
% K Williams 15.70 21.51 Neutral, doesn't favour a price turn.
Priority Date Notification
17/06/2019 Slight weakness pointed by fast stochastics. Likely subsequent short-term drops.
11/06/2019 It's now close and above the mid-term Moving Average, therefore it could move upwards, but if it breaks below the MA would revert the signal
10/06/2019 It's now close and below the short/mid-term Moving Average, therefore it could drift downwards, but if it breaks above the MA would revert the signal
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.
04/06/2019 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
03/06/2019 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
31/05/2019 RSI7 points some overselling, which if increasing, is likely to reflect renewed short term bullish pressure.
31/05/2019 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
30/05/2019 Bullish signal from fast stochastic. Previous close points the chance of rebounds after a recent negative move.