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Victrex plc (VCT)

2,404.00p

09:24 23/01/20

  • -0.08% -2.00p
  • Today's Low & High
  • 2,390.00 / 2,415.11
  • Open / Previous Close
  • 2,404.00 / 2,406.00
  • 52-week range
  • 2.74% 64.00p
  • Volume
  • 35,648
  • Market Cap(million)
  • £2,079.95m

2,406.00p REAL TIME BATS

  • 10:55 23/01/20
  • -0.25%
  • -6.00p

Technical Analysis

Support and resistance levels

S1

24.26
-2.00%

R1

25.22
2.00%

S2

20.00
-19.00%

R2

25.40
3.00%

Technical comment

Short term
Medium term
Long term

Pivot Points

  • Levels of negotiation support
  • 24.32
  • 24.03
  • Levels of negotiation support resistance
  • 24.96
  • 25.31

Technical situation

Bullish in the long term, although it must still break above the resistance at 25.4 to slightly improve in the short term.

Recommendation

Short term comment

Even though the long term trend or scenario is bullish, in the mid term it just stands for neutral. Only if it could rise above the first important resistance at 25.4, intermediate terms would be bullish-biased together with the long-term structure.

Long term comment

--

Indicator Previous Current Signal Comment
RSI 7 49.73 53.04 The RSI 7 doesn't show any sign of overbuy/oversell.
RSI 14 51.26 52.71 The RSI 14 doesn't show any sign of overbuy/oversell.
RSI 21 53.36 54.27 The RSI 21 doesn't show any sign of overbuy/oversell.
RSI 50 55.24 55.59 The RSI 50 doesn't show any sign of overbuy/oversell.
RSI 200 51.17 51.25 The RSI 200 doesn't show any sign of overbuy/oversell.
Fast Stochastic n/a n/a Bearish trend exhaustion signals, without turning signal.
Slow Stochastic n/a n/a Intermediate zone for the indicator, no exhaustion signal.
Simple Moving Average 7 24.42 24.41 Very short-term trend is indefinite.
Simple Moving Average 21 24.78 24.78 Short/Mid-term trend is indefinite.
Simple Moving Average 50 24.24 24.26 Indefinite mid-term trend.
Simple Moving Average 200 21.99 22.00 Bullish long-term trend.
Exponential Moving Average 7 24.47 24.52 Very short-term trend is indefinite.
Exponential Moving Average 21 24.55 24.56 Short/Mid-term trend is indefinite.
Exponential Moving Average 50 24.55 24.56 Indefinite mid-term trend.
Exponential Moving Average 200 24.55 24.56 Indefinite long-term trend.
MACD Line 0.07 0.07 Price following bullish trend.
MACD Signal 0.19 0.17 Price following bullish trend.
Bollinger 95 n/a n/a
Bollinger 99 n/a n/a
Double Exponential Moving Average 7 24.65 24.59 Very short-term trend is indefinite.
Double Exponential Moving Average 21 24.44 24.47 Short/Mid-term trend is indefinite.
Double Exponential Moving Average 50 24.44 24.47 Indefinite mid-term trend.
Double Exponential Moving Average 200 24.44 24.47 Indefinite long-term trend.
Divergences n/a n/a NO
On Balance Vol. 2,750.90 6,007.71 OBV is bullish
Momentum 7 -0.18 -0.15 Neutral speed of the very short term move.
Momentum 7 -0.42 -0.74 Strong, though not extreme, falling speed in the short term.
% K Williams 54.95 49.45 Neutral, doesn't favour a price turn.
Priority Date Notification
23/01/2020 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
23/01/2020 It's close to the mid-term moving average, which could turn into an overbuying situation and rise the risk of falls
23/01/2020 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
22/01/2020 Bullish signal from fast stochastic. Previous close points the chance of rebounds after a recent negative move.
15/01/2020 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
14/01/2020 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
13/01/2020 By being close (below) the short-term Moving Average, it could move on to lower levels, though if it should break above the MA the signal would revert to bullish
10/01/2020 By being close (below) the short-term Moving Average, it could move on to lower levels, though if it should break above the MA the signal would revert to bullish
10/01/2020 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
10/01/2020 Bearish signal from fast stochastic. Previous close's weakness points the risk of falls after a recent positive move.
09/01/2020 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