DIXONS CARPHONE ORD 0.1P - Daily - Technical analysis published on 08/12/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
DIXONS CARPHONE ORD 0.1P Chart
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under 116.20 GBX
My targets
107.60 GBX (-4.53%)
76.17 GBX (-32.41%)
My analysis
The bearish trend is currently very strong for DIXONS CARPHONE ORD 0.1P. As long as the price remains below the resistance at 116.20 GBX, you could try to take advantage of the bearish rally. The first bearish objective is located at 107.60 GBX. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 76.17 GBX as an objective. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Vincent Launay.
Additional analysis
Quotes
DIXONS CARPHONE ORD 0.1P rating 112.70 GBX. On the day, this instrument gained +1.53% and was between 111.80 GBX and 114.15 GBX. This implies that the price is at +0.81% from its lowest and at -1.27% from its highest.111.80
114.15
112.70
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of DIXONS CARPHONE ORD 0.1P indicates that the overall trend is strongly bearish. The signals given by moving averages are 89.29% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
On the 18 technical indicators analysed, 4 are bullish, 3 are neutral and 11 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Ichimoku - Bearish crossover : Tenkan & Kijun
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 76.17 | 107.60 | 112.70 | 116.20 | 128.88 | 149.33 |
| Change (%) | -32.41% | -4.53% | - | +3.11% | +14.36% | +32.50% |
| Change | -36.53 | -5.10 | - | +3.50 | +16.18 | +36.63 |
| Level | Intermediate | Intermediate | - | Major | Intermediate | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 105.83 | 108.07 | 109.53 | 111.77 | 113.23 | 115.47 | 116.93 |
| Camarilla | 109.98 | 110.32 | 110.66 | 111.00 | 111.34 | 111.68 | 112.02 |
| Woodie | 105.45 | 107.88 | 109.15 | 111.58 | 112.85 | 115.28 | 116.55 |
| Fibonacci | 108.07 | 109.48 | 110.35 | 111.77 | 113.18 | 114.05 | 115.47 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 102.63 | 106.47 | 108.73 | 112.57 | 114.83 | 118.67 | 120.93 |
| Camarilla | 109.32 | 109.88 | 110.44 | 111.00 | 111.56 | 112.12 | 112.68 |
| Woodie | 101.85 | 106.08 | 107.95 | 112.18 | 114.05 | 118.28 | 120.15 |
| Fibonacci | 106.47 | 108.80 | 110.24 | 112.57 | 114.90 | 116.34 | 118.67 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 91.55 | 99.85 | 109.70 | 118.00 | 127.85 | 136.15 | 146.00 |
| Camarilla | 114.56 | 116.22 | 117.89 | 119.55 | 121.21 | 122.88 | 124.54 |
| Woodie | 92.33 | 100.24 | 110.48 | 118.39 | 128.63 | 136.54 | 146.78 |
| Fibonacci | 99.85 | 106.78 | 111.07 | 118.00 | 124.93 | 129.22 | 136.15 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 39.35 | |
| MACD (12,26,9): | -1.6900 | |
| Directional Movement: | -11.10 | |
| AROON (14): | -64.29 | |
| DEMA (21): | 114.64 | |
| Parabolic SAR (0,02-0,02-0,2): | 119.61 | |
| Elder Ray (13): | -2.46 | |
| Super Trend (3,10): | 122.71 | |
| Zig ZAG (10): | 112.75 | |
| VORTEX (21): | 0.9100 | |
| Stochastique (14,3,5): | 11.56 | |
| TEMA (21): | 113.65 | |
| Williams %R (14): | -84.69 | |
| Chande Momentum Oscillator (20): | -10.50 | |
| Repulse (5,40,3): | -2.7700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0500 | |
| Courbe Coppock: | 12.06 |
| MA7: | 113.19 | |
| MA20: | 118.34 | |
| MA50: | 117.67 | |
| MA100: | 126.92 | |
| MAexp7: | 113.80 | |
| MAexp20: | 116.38 | |
| MAexp50: | 119.10 | |
| MAexp100: | 124.30 | |
| Price / MA7: | -0.43% | |
| Price / MA20: | -4.77% | |
| Price / MA50: | -4.22% | |
| Price / MA100: | -11.20% | |
| Price / MAexp7: | -0.97% | |
| Price / MAexp20: | -3.16% | |
| Price / MAexp50: | -5.37% | |
| Price / MAexp100: | -9.33% |
News
Don"t forget to follow the news on DIXONS CARPHONE ORD 0.1P. At the time of publication of this analysis, the latest news was as follows:
-
Interactive Investor’s Richard Hunter on Dixons Carphone profit slump
-
Dixons/Carphone profits warning..Neil Wilson of ETX Capital explains
-
Dixons Carphone sees no spending slowdown, says CEO Seb James
-
Dixons 'impressively continuing to grow market share' as it books record profits
- Dixons Carphone webcast presentation now available for on-demand viewing: dbVIC - Deutsche Bank ADR Virtual Investor Conference
This member declared not having a position on this financial instrument or a related financial instrument.
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