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Victrex plc (VCT)

1,900.00p

16:00 19/08/19

  • 1.44% 27.00p
  • Today's Low & High
  • 1,844.00 / 1,914.00
  • Open / Previous Close
  • 1,889.00 / 1,900.00
  • 52-week range
  • -38.67% -1,198.00p
  • Volume
  • 219,969
  • Market Cap(million)
  • £1,642.35m

1,898.00p REAL TIME BATS

  • 16:30 19/08/19
  • 1.61%
  • 30.00p

Technical Analysis

Support and resistance levels

S1

11.70
-37.00%

R1

20.37
10.00%

S2

3.96
-79.00%

R2

21.56
17.00%

Technical comment

Short term
Medium term
Long term

Pivot Points

  • Levels of negotiation support
  • 18.19
  • 17.98
  • Levels of negotiation support resistance
  • 18.65
  • 18.90

Technical situation

Lost the short/mid term previous support at 18.02 / Bearish for every analysis term.

Recommendation

Short term comment

Loss of the short-mid term previous support level located at 18.02 allows mid-term trend to be clearly bearish biased, particularly considering that has fallen below by a -2.39. This means, as well, a bearish structure for every analysis term.

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 32.92 31.77 The RSI 7 doesn't show any sign of overbuy/oversell.
RSI 14 36.57 35.93 The RSI 14 doesn't show any sign of overbuy/oversell.
RSI 21 38.28 37.82 The RSI 21 doesn't show any sign of overbuy/oversell.
RSI 50 41.22 41.00 The RSI 50 doesn't show any sign of overbuy/oversell.
RSI 200 45.81 45.75 The RSI 200 doesn't show any sign of overbuy/oversell.
Fast Stochastic n/a n/a Heavy exhaustion of the bearish movement, however with no turning signal yet.
Slow Stochastic n/a n/a Heavy exhaustion of the bearish movement, however with no turning signal yet.
Simple Moving Average 7 18.96 18.92
Simple Moving Average 21 19.64 19.57
Simple Moving Average 50 20.41 20.37
Simple Moving Average 200 22.70 22.67
Exponential Moving Average 7 19.00 18.86
Exponential Moving Average 21 19.56 19.46
Exponential Moving Average 50 19.56 19.46
Exponential Moving Average 200 19.56 19.46 Indefinite long-term trend.
MACD Line -0.46 -0.49 Price following bullish trend.
MACD Signal -0.37 -0.40 Price following bullish trend.
Bollinger 95 n/a n/a
Bollinger 99 n/a n/a
Double Exponential Moving Average 7 19.32 19.22
Double Exponential Moving Average 21 20.18 20.12
Double Exponential Moving Average 50 20.18 20.12
Double Exponential Moving Average 200 20.18 20.12 Indefinite long-term trend.
Divergences n/a n/a NO
On Balance Vol. 18,197.84 9,818.79 OBV is bullish
Momentum 7 -0.15 -0.53 High falling speed, though not extreme, in very short terms.
Momentum 7 -1.51 -1.81 Extremely high short-term falling speed.
% K Williams 89.50 86.67 Oversold, would favour a bullish turn.
Priority Date Notification
19/08/2019 Bullish signal from fast stochastic. Previous close points the chance of rebounds after a recent negative move.
16/08/2019 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
15/08/2019 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
14/08/2019 Bullish signal from fast stochastic. Previous close points the chance of rebounds after a recent negative move.
12/08/2019 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
08/08/2019 RSI7 points some overselling, which if increasing, is likely to reflect renewed short term bullish pressure.
02/08/2019 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
01/08/2019 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
01/08/2019 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
31/07/2019 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
30/07/2019 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