DUNELM GRP. ORD 1P - Daily - Technical analysis published on 11/22/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 799.5 GBX
My targets
838.0 GBX (+1.09%)
883.5 GBX (+6.57%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on DUNELM GRP. ORD 1P as long as the price remains well above 799.5 GBX. The buyers” bullish objective is set at 838.0 GBX. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 883.5 GBX. If there is any crossing, the next objective would be the resistance located at 912.5 GBX.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
5.9
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
DUNELM GRP. ORD 1P rating 829.0 GBX. The price has increased by +0.36% since the last closing and was traded between 813.0 GBX and 833.5 GBX over the period. The price is currently at +1.97% from its lowest and -0.54% from its highest.813.0
833.5
829.0
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by DUNELM GRP. ORD 1P:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of DUNELM GRP. ORD 1P in Daily shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near resistance of channel
Type : Bearish
Timeframe : Daily
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 | 750.5 | 770.0 | 799.5 | 829.0 | 838.0 | 883.5 | 912.5 |
| Change (%) | -9.47% | -7.12% | -3.56% | - | +1.09% | +6.57% | +10.07% |
| Change | -78.5 | -59.0 | -29.5 | - | +9.0 | +54.5 | +83.5 |
| Level | Intermediate | Major | Major | - | Major | Intermediate | Minor |
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 | 790.7 | 798.3 | 812.2 | 819.8 | 833.7 | 841.3 | 855.2 |
| Camarilla | 820.1 | 822.1 | 824.0 | 826.0 | 828.0 | 829.9 | 831.9 |
| Woodie | 793.8 | 799.9 | 815.3 | 821.4 | 836.8 | 842.9 | 858.3 |
| Fibonacci | 798.3 | 806.6 | 811.6 | 819.8 | 828.1 | 833.1 | 841.3 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 744.5 | 765.0 | 798.0 | 818.5 | 851.5 | 872.0 | 905.0 |
| Camarilla | 816.3 | 821.2 | 826.1 | 831.0 | 835.9 | 840.8 | 845.7 |
| Woodie | 750.8 | 768.1 | 804.3 | 821.6 | 857.8 | 875.1 | 911.3 |
| Fibonacci | 765.0 | 785.4 | 798.1 | 818.5 | 838.9 | 851.6 | 872.0 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 508.4 | 594.3 | 691.9 | 777.7 | 875.3 | 961.1 | 1,058.8 |
| Camarilla | 739.1 | 755.9 | 772.7 | 789.5 | 806.3 | 823.1 | 839.9 |
| Woodie | 514.4 | 597.2 | 697.8 | 780.6 | 881.2 | 964.1 | 1,064.7 |
| Fibonacci | 594.3 | 664.3 | 707.6 | 777.7 | 847.8 | 891.1 | 961.1 |
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): | 54.50 | |
| MACD (12,26,9): | 5.4000 | |
| Directional Movement: | -1.1 | |
| AROON (14): | 57.1 | |
| DEMA (21): | 817.8 | |
| Parabolic SAR (0,02-0,02-0,2): | 774.7 | |
| Elder Ray (13): | 4.9 | |
| Super Trend (3,10): | 759.1 | |
| Zig ZAG (10): | 824.5 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 79.20 | |
| TEMA (21): | 824.1 | |
| Williams %R (14): | -20.10 | |
| Chande Momentum Oscillator (20): | 73.5 | |
| Repulse (5,40,3): | 2.5000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 9.10 |
| MA7: | 824.4 | |
| MA20: | 805.9 | |
| MA50: | 808.7 | |
| MA100: | 818.2 | |
| MAexp7: | 821.7 | |
| MAexp20: | 812.3 | |
| MAexp50: | 810.8 | |
| MAexp100: | 810.7 | |
| Price / MA7: | +0.56% | |
| Price / MA20: | +2.87% | |
| Price / MA50: | +2.51% | |
| Price / MA100: | +1.32% | |
| Price / MAexp7: | +0.89% | |
| Price / MAexp20: | +2.06% | |
| Price / MAexp50: | +2.24% | |
| Price / MAexp100: | +2.26% |
News
The last news published on DUNELM GRP. ORD 1P at the time of the generation of this analysis was as follows:
The only way is down for Dunelm, says Zak MirThis member declared not having a position on this financial instrument or a related financial instrument.
About author
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