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Victrex plc (VCT)

1,839.00p

15:35 10/07/20

  • -1.92% -36.00p
  • Today's Low & High
  • 1,832.00 / 1,877.00
  • Open / Previous Close
  • 1,832.00 / 1,873.00
  • 52-week range
  • -8.15% -163.00p
  • Volume
  • 118,776
  • Market Cap(million)
  • £1,592.47m

1,840.00p REAL TIME BATS

  • 16:30 10/07/20
  • -1.66%
  • -31.00p

Technical Analysis

Support and resistance levels

S1

18.30
0.00%

R1

19.94
9.00%

S2

17.66
-3.00%

R2

25.40
39.00%

Technical comment

Short term
Medium term
Long term

Pivot Points

  • Levels of negotiation support
  • 17.80
  • 16.86
  • Levels of negotiation support resistance
  • 19.24
  • 19.74

Technical situation

Bullish bias is lost / Bearish if it should lose support at 17.66.

Recommendation

Short term comment

Losses from the last relative highs set at 25.4 makes the long-term bullish scenario to be recently discarded. Very short-term falls restrainment gives a positive signal, that would only be eliminated not only by the loss of last relative lows at 18.3, but as well the support in 17.66.

Long term comment

--

Indicator Previous Current Signal Comment
RSI 7 51.01 25.17 The RSI 7 doesn't show any sign of overbuy/oversell.
RSI 14 48.83 34.07 The RSI 14 doesn't show any sign of overbuy/oversell.
RSI 21 48.73 38.72 The RSI 21 doesn't show any sign of overbuy/oversell.
RSI 50 48.18 44.26 The RSI 50 doesn't show any sign of overbuy/oversell.
RSI 200 48.39 47.30 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 19.71 19.45 Very short-term trend is bearish.
Simple Moving Average 21 20.01 19.89
Simple Moving Average 50 19.98 19.94
Simple Moving Average 200 21.70 21.69
Exponential Moving Average 7 19.76 19.39 Very short-term trend is bearish.
Exponential Moving Average 21 19.91 19.76
Exponential Moving Average 50 19.91 19.76
Exponential Moving Average 200 19.91 19.76 Indefinite long-term trend.
MACD Line -0.12 -0.23 Price following bullish trend.
MACD Signal -0.10 -0.12 Price following bullish trend.
Bollinger 95 n/a n/a
Bollinger 99 n/a n/a
Double Exponential Moving Average 7 19.79 19.70 Very short-term trend is bearish.
Double Exponential Moving Average 21 20.14 20.12
Double Exponential Moving Average 50 20.14 20.12
Double Exponential Moving Average 200 20.14 20.12 Indefinite long-term trend.
Divergences n/a n/a NO
On Balance Vol. -24,265.24 -20,377.55 OBV is bearish.
Momentum 7 -0.24 -1.25 Extremely high falling speed in the very short term.
Momentum 7 -0.26 -2.10 Extremely high short-term falling speed.
% K Williams 39.46 97.27 Oversold, would favour a bullish turn.
Priority Date Notification
09/07/2020 By being close (above) the short/mid-term Moving Average, it could move on to higher levels, though if it should break below the MA the signal would revert to bearish
08/07/2020 By being close (above) the short-term Moving Average, it could move, if only temporarily, upwards, though the signal would revert to bearish if it should break below the MA
08/07/2020 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
06/07/2020 By being close (above) the short-term Moving Average, it could move on to higher levels, though if it should break below the MA the signal would revert to bearish
01/07/2020 By being close (below) the short/mid-term Moving Average, it could move on to lower levels, though if it should break above the MA the signal would revert to bullish
30/06/2020 By being close (below) the short/mid-term Moving Average, it could move on to lower levels, though if it should break above the MA the signal would revert to bullish
30/06/2020 It's close to the mid-term moving average, which could turn into an overbuying situation and rise the risk of falls
24/06/2020 By being close (above) the short-term Moving Average, it could move on to higher levels, though if it should break below the MA the signal would revert to bearish
23/06/2020 By being close (above) the short/mid-term Moving Average, it could move on to higher levels, though if it should break below the MA the signal would revert to bearish
23/06/2020 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
19/06/2020 By being close (below) the short-term Moving Average, it could move, if only temporarily, downwards, though the signal would revert to bullish if it should break above the MA