ALLIANCE TRUST ORD 2.5P
ALLIANCE TRUST ORD 2.5P
898 GBX (-0.44%)
Closed End-of-day data - London Stock Exchange
Open: 908
Change: -4
Volume: 257,295
Low: 894
High: 908
High / Low range: 14
Type: Stocks
Ticker: ATST
ISIN: GB00B11V7W98

ALLIANCE TRUST ORD 2.5P - Daily - Technical analysis published on 02/06/2020

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  • Timeframe : Daily
  • - Analysis generated on 2020-02-06 16:53:20
  • Status : INVALID

Summary of the analysis

Trends
Court terme: Bullish
De fond: Bullish
Technical indicators
17%
50%
33%
My opinion
Bullish above 838 GBX
My targets
891 GBX (+3.60%)
908 GBX (+5.58%)
My analysis
A bullish trend on ALLIANCE TRUST ORD 2.5P both in substance and in the short term. A purchase could be considered as long as the price remains above 838 GBX. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 891 GBX. Then the price could move towards 908 GBX. Be careful, a return below 838 GBX would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.

In the very short term, the general bullish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bullish direction is still favored, however the current short term bearish correction should be carefully watched.
FORCE
0
10
2.9

Complete this analysis for another time unit:
Weekly
Attention: This analysis is for information purposes only and does not constitute personalized investment advice or an incentive 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 product 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 analysis. 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.

Additional analysis

Quotes

The ALLIANCE TRUST ORD 2.5P price is 860 GBX. The price registered an increase of +1.42% on the session and was traded between 848 GBX and 862 GBX over the period. The price is currently at +1.42% from its lowest and -0.23% from its highest.

848
862
860

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by ALLIANCE TRUST ORD 2.5P:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in Daily of this ALLIANCE TRUST ORD 2.5P chart shows a bullish trend. 78.57% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Central Indicators

Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : Daily



An assessment of technical indicators shows a slightly bearish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly


MACD indicator is back under 0

Type : Bearish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Daily



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 785 817 838 860 872
Change (%) -8.72% -5.00% -2.56% - +1.40%
Change -75 -43 -22 - +12
Level Major Intermediate Major - Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard795809816830837851858
Camarilla817819821823825827829
Woodie792807813828834849855
Fibonacci809817822830838843851


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard826838849861872884895
Camarilla853855857859861863865
Woodie825838848861871884894
Fibonacci838847853861870876884


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard755789806840857891908
Camarilla809814818823828832837
Woodie747785798836849887900
Fibonacci789809821840860872891

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 44.00
MACD (12,26,9): -1.0000
Directional Movement: -18
AROON (14): -50
DEMA (21): 847
Parabolic SAR (0,02-0,02-0,2): 863
Elder Ray (13): -12
Super Trend (3,10): 868
Zig ZAG (10): 834
VORTEX (21): 1.0000
Stochastique (14,3,5): 8.00
TEMA (21): 838
Williams %R (14): -78.00
Chande Momentum Oscillator (20): -29
Repulse (5,40,3): -3.0000
ROCnROLL: 2
TRIX (15,9): 0.0000
Courbe Coppock: 4.00
MA7: 839
MA20: 852
MA50: 837
MA100: 817
MAexp7: 839
MAexp20: 846
MAexp50: 838
MAexp100: 824
Price / MA7: +2.50%
Price / MA20: +0.94%
Price / MA50: +2.75%
Price / MA100: +5.26%
Price / MAexp7: +2.50%
Price / MAexp20: +1.65%
Price / MAexp50: +2.63%
Price / MAexp100: +4.37%

News


Don"t forget to follow the news on ALLIANCE TRUST ORD 2.5P. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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