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WPP (WPP)

794.00p

16:05 22/01/21

  • -0.08% -0.60p
  • Today's Low & High
  • 783.80 / 799.60
  • Open / Previous Close
  • 799.60 / 794.00
  • 52-week range
  • -21.27% -214.50p
  • Volume
  • 1,365,714
  • Market Cap(million)
  • £9,729.14m

794.20p REAL TIME BATS

  • 16:29 22/01/21
  • 0.00%
  • 0.00p

Technical Analysis

Support and resistance levels

S1

770.00
-3.02%

R1

824.07
3.79%

S2

698.20
-12.07%

R2

855.67
7.77%

Technical comment

Short term
Medium term
Long term

Pivot Points

  • Levels of negotiation support
  • 785.33
  • 776.67
  • Levels of negotiation support resistance
  • 801.13
  • 808.27

Technical situation

In critical support zone in 770.003.

Recommendation

Short term comment

The scope of price results bullish placing the price at 770.003 levels, especially critical support below which the technical rating would go to a neutral state. Upward, it is advisable to monitor resistive levels of 824.067 and 855.667 that would warn of an improvement in technical bias.

Long term comment

After a 61.6% revaluation of the previous rise, and a downward phase of -18.8% started in august 2020 at 676.806, and finished at the lows of 549.509 (28-october-2020), the current rise has exceeded the previous highs , at 676.806, reaching at the moment 856.200 (11-january-2021) with no sign of weakness.

Indicator Previous Current Signal Comment
RSI 7 43.50 43.20 The RSI does not warn of overbought or oversold.
RSI 14 49.20 49.10 The RSI does not warn of overbought or oversold.
RSI 21 52.20 52.10 The RSI does not warn of overbought or oversold.
RSI 50 55.10 55.00 The RSI does not warn of overbought or oversold.
RSI 200 51.60 51.60 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 7 805.94 805.34 Trend in the very short term bearish.
Simple Moving Average 21 807.98 808.30 Lack of trend in the short-medium term.
Simple Moving Average 50 780.50 781.26 Lack of medium term trend.
Simple Moving Average 200 645.03 646.38 Long-term bullish.
Exponential Moving Average 7 805.09 802.32 Lack of trend in the very short term.
Exponential Moving Average 21 802.54 801.76 Lack of trend in the short-medium term.
Exponential Moving Average 50 772.19 773.05 Lack of medium term trend.
Exponential Moving Average 200 706.05 706.93 Long-term bullish.
MACD Line 2.00 3.10 Price in uptrend.
MACD Signal 6.90 7.30 Price in uptrend.
Bollinger 95 n/a n/a
Bollinger 99 n/a n/a
Double Exponential Moving Average 7 805.09 802.32 Lack of trend in the very short term.
Double Exponential Moving Average 21 802.54 801.76 Lack of trend in the short-medium term.
Double Exponential Moving Average 50 772.19 773.05 Lack of medium term trend.
Double Exponential Moving Average 200 706.05 706.93 Long-term bullish.
Divergences n/a n/a NO
On Balance Vol. 39,156,030.00 37,790,316.00 OBV supports recoveries.
Momentum 7 -3.60 -21.20 Short term fall speed is extremely fast.
Momentum 7 -2.40 17.00 Upload speed in the very short term is extremely fast.
% K Williams 73.20 73.90 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 A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
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 supports. It is recommended to monitor if bulls are back in control when they are reached.
22/01/2021 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.
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.
22/01/2021 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.
21/01/2021 Since the price is close to the moving average, it could strengthen to the upside, aothough quotes below it would signal a bearish reversal.
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.