DIXONS CARPHONE ORD 0.1P - Daily - Technical analysis published on 01/22/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
DIXONS CARPHONE ORD 0.1P Chart
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Strongly bullish
Technical indicators
56%
11%
33%
My opinion
Bullish above 149.89 GBX
My targets
167.43 GBX (+9.83%)
184.66 GBX (+21.13%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on DIXONS CARPHONE ORD 0.1P as long as the price remains well above 149.89 GBX. The buyers” bullish objective is set at 167.43 GBX. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 184.66 GBX. If there is any crossing, the next objective would be the resistance located at 234.70 GBX. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
FORCE
0
10
6.8
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This analysis was given by Vincent Launay.
Additional analysis
Quotes
The DIXONS CARPHONE ORD 0.1P rating is 152.45 GBX. On the day, this instrument gained +7.02% and was between 141.60 GBX and 152.45 GBX. This implies that the price is at +7.66% from its lowest and at 0% from its highest.141.60
152.45
152.45
The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this Daily chart of DIXONS CARPHONE ORD 0.1P indicates that the overall trend is strongly bullish. The signals given by moving averages are 89.29% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase are moderate given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of triangle
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 124.77 | 137.77 | 149.89 | 152.45 | 184.66 | 234.70 | 281.60 |
| Change (%) | -18.16% | -9.63% | -1.68% | - | +21.13% | +53.95% | +84.72% |
| Change | -27.68 | -14.68 | -2.56 | - | +32.21 | +82.25 | +129.15 |
| Level | Intermediate | Intermediate | Major | - | Intermediate | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 139.55 | 141.70 | 142.85 | 145.00 | 146.15 | 148.30 | 149.45 |
| Camarilla | 143.09 | 143.40 | 143.70 | 144.00 | 144.30 | 144.61 | 144.91 |
| Woodie | 139.05 | 141.45 | 142.35 | 144.75 | 145.65 | 148.05 | 148.95 |
| Fibonacci | 141.70 | 142.96 | 143.74 | 145.00 | 146.26 | 147.04 | 148.30 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 129.43 | 132.42 | 134.53 | 137.52 | 139.63 | 142.62 | 144.73 |
| Camarilla | 135.25 | 135.72 | 136.18 | 136.65 | 137.12 | 137.59 | 138.05 |
| Woodie | 129.00 | 132.20 | 134.10 | 137.30 | 139.20 | 142.40 | 144.30 |
| Fibonacci | 132.42 | 134.37 | 135.57 | 137.52 | 139.47 | 140.67 | 142.62 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 75.33 | 97.87 | 121.38 | 143.92 | 167.43 | 189.97 | 213.48 |
| Camarilla | 132.24 | 136.46 | 140.68 | 144.90 | 149.12 | 153.34 | 157.56 |
| Woodie | 75.83 | 98.11 | 121.88 | 144.16 | 167.93 | 190.21 | 213.98 |
| Fibonacci | 97.87 | 115.46 | 126.33 | 143.92 | 161.51 | 172.38 | 189.97 |
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): | 55.05 | |
| MACD (12,26,9): | 2.0300 | |
| Directional Movement: | 11.15 | |
| AROON (14): | 7.14 | |
| DEMA (21): | 144.33 | |
| Parabolic SAR (0,02-0,02-0,2): | 135.84 | |
| Elder Ray (13): | 0.40 | |
| Super Trend (3,10): | 134.94 | |
| Zig ZAG (10): | 142.45 | |
| VORTEX (21): | 0.9000 | |
| Stochastique (14,3,5): | 63.16 | |
| TEMA (21): | 143.40 | |
| Williams %R (14): | -47.72 | |
| Chande Momentum Oscillator (20): | 0.25 | |
| Repulse (5,40,3): | -1.5300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2700 | |
| Courbe Coppock: | 4.71 |
| MA7: | 142.24 | |
| MA20: | 143.09 | |
| MA50: | 133.46 | |
| MA100: | 128.40 | |
| MAexp7: | 142.74 | |
| MAexp20: | 141.23 | |
| MAexp50: | 136.21 | |
| MAexp100: | 131.28 | |
| Price / MA7: | +7.18% | |
| Price / MA20: | +6.54% | |
| Price / MA50: | +14.23% | |
| Price / MA100: | +18.73% | |
| Price / MAexp7: | +6.80% | |
| Price / MAexp20: | +7.94% | |
| Price / MAexp50: | +11.92% | |
| Price / MAexp100: | +16.13% |
News
The latest news and videos published on DIXONS CARPHONE ORD 0.1P at the time of the analysis were 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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