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Victrex plc (VCT)

2,420.00p

15:34 22/01/21

  • -0.58% -14.00p
  • Today's Low & High
  • 2,392.00 / 2,434.00
  • Open / Previous Close
  • 2,434.00 / 2,434.00
  • 52-week range
  • 0.58% 14.00p
  • Volume
  • 34,779
  • Market Cap(million)
  • £2,097.06m

2,424.00p REAL TIME BATS

  • 16:28 22/01/21
  • -0.49%
  • -12.00p

Technical Analysis

Support and resistance levels

S1

2,117.00
-12.52%

R1

2,499.33
3.28%

S2

2,035.00
-15.91%

R2

2,583.33
6.75%

Technical comment

Short term
Medium term
Long term

Pivot Points

  • Levels of negotiation support
  • 2,396.67
  • 2,373.33
  • Levels of negotiation support resistance
  • 2,438.67
  • 2,457.33

Technical situation

Monitor critical support in 2117, weakness below.

Recommendation

Short term comment

The price environment is bullish but very close to the support and critical area that today generates the upward guideline in 2117 levels. The 2117 - 2035 range represents an area of ??greater neutrality, so the loss of 2117 would prevent a bullish rating.

Long term comment

After the previous rise, with a 29.6% revaluation, there was an important downward correction phase of -15.7%, initiated in august 2020 at 2132.000, and ended at the low of 1798.000 (30-november-2020). The current gains have exceeded the previous peaks at 2132.000, currently reaching 2498.000 (16-january-2021) with no sign of weakness.

Indicator Previous Current Signal Comment
RSI 7 57.50 51.70 The RSI does not warn of overbought or oversold.
RSI 14 62.90 60.20 The RSI does not warn of overbought or oversold.
RSI 21 63.50 61.80 The RSI does not warn of overbought or oversold.
RSI 50 59.90 59.30 The RSI does not warn of overbought or oversold.
RSI 200 52.90 52.80 The RSI does not warn of overbought or oversold.
Fast Stochastic n/a n/a Indicator in intermediate zone, with no sign of exhaustion.
Slow Stochastic n/a n/a Indicator in intermediate zone, with no sign of exhaustion.
Simple Moving Average 7 2,434.00 2,429.71 Lack of trend in the very short term.
Simple Moving Average 21 2,397.33 2,404.00 Lack of trend in the short-medium term.
Simple Moving Average 50 2,227.30 2,234.66 Bullish medium term trend.
Simple Moving Average 200 2,027.12 2,029.15 Long-term bullish.
Exponential Moving Average 7 2,430.50 2,427.88 Lack of trend in the very short term.
Exponential Moving Average 21 2,380.39 2,383.99 Lack of trend in the short-medium term.
Exponential Moving Average 50 2,258.05 2,264.41 Bullish medium term trend.
Exponential Moving Average 200 2,096.72 2,099.93 Long-term bullish.
MACD Line -12.40 -9.00 Price in uptrend.
MACD Signal 17.90 19.80 Price in uptrend.
Bollinger 95 n/a n/a
Bollinger 99 n/a n/a
Double Exponential Moving Average 7 2,430.50 2,427.88 Lack of trend in the very short term.
Double Exponential Moving Average 21 2,380.39 2,383.99 Lack of trend in the short-medium term.
Double Exponential Moving Average 50 2,258.05 2,264.41 Bullish medium term trend.
Double Exponential Moving Average 200 2,096.72 2,099.93 Long-term bullish.
Divergences n/a n/a NO
On Balance Vol. 7,916,281.00 7,820,658.00 OBV supports recoveries.
Momentum 7 -16.00 -32.00 Short term fall speed is extremely fast.
Momentum 7 70.00 54.00 Upload speed in the very short term is extremely fast.
% K Williams 22.90 31.70 Neutral, does not support price spin.
Priority Date Notification
25/01/2021 Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
25/01/2021 Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
25/01/2021 The price is close to a resistance level so it is recommended to monitor behavior when reaching it.
22/01/2021 A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
21/01/2021 Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
21/01/2021 A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
20/01/2021 Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
20/01/2021 A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
19/01/2021 A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
19/01/2021 A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
18/01/2021 Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.