JD SPORTS FASHION ORD 0.05P - Daily - Technical analysis published on 09/26/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 692.0 GBX
My targets
728.8 GBX (+0.55%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on JD SPORTS FASHION ORD 0.25P as long as the price remains well above 692.0 GBX. The buyers” bullish objective is set at 728.8 GBX. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
8
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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
JD SPORTS FASHION ORD 0.25P rating 724.8 GBX. The price has increased by +3.34% since the last closing and was traded between 695.8 GBX and 728.8 GBX over the period. The price is currently at +4.17% from its lowest and -0.55% from its highest.695.8
728.8
724.8
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of JD SPORTS FASHION ORD 0.25P in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish 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.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
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 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
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 horizontal support
Type : Bullish
Timeframe : Daily
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Bearish harami
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 582.4 | 635.6 | 692.0 | 724.8 | 728.8 |
| Change (%) | -19.65% | -12.31% | -4.53% | - | +0.55% |
| Change | -142.4 | -89.2 | -32.8 | - | +4.0 |
| Level | Major | Major | Intermediate | - | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 683.7 | 689.1 | 695.3 | 700.7 | 706.9 | 712.3 | 718.5 |
| Camarilla | 698.2 | 699.3 | 700.3 | 701.4 | 702.5 | 703.5 | 704.6 |
| Woodie | 684.0 | 689.3 | 695.6 | 700.9 | 707.2 | 712.5 | 718.8 |
| Fibonacci | 689.1 | 693.6 | 696.3 | 700.7 | 705.2 | 707.9 | 712.3 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 633.0 | 659.4 | 677.2 | 703.6 | 721.4 | 747.8 | 765.6 |
| Camarilla | 682.9 | 686.9 | 691.0 | 695.0 | 699.1 | 703.1 | 707.2 |
| Woodie | 628.7 | 657.3 | 672.9 | 701.5 | 717.1 | 745.7 | 761.3 |
| Fibonacci | 659.4 | 676.3 | 686.7 | 703.6 | 720.5 | 730.9 | 747.8 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 503.7 | 540.9 | 578.9 | 616.1 | 654.1 | 691.3 | 729.3 |
| Camarilla | 596.3 | 603.2 | 610.1 | 617.0 | 623.9 | 630.8 | 637.7 |
| Woodie | 504.2 | 541.1 | 579.4 | 616.3 | 654.6 | 691.5 | 729.8 |
| Fibonacci | 540.9 | 569.6 | 587.3 | 616.1 | 644.8 | 662.5 | 691.3 |
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): | 66.90 | |
| MACD (12,26,9): | 23.4000 | |
| Directional Movement: | 20.1 | |
| AROON (14): | 35.8 | |
| DEMA (21): | 713.2 | |
| Parabolic SAR (0,02-0,02-0,2): | 722.6 | |
| Elder Ray (13): | 13.3 | |
| Super Trend (3,10): | 662.6 | |
| Zig ZAG (10): | 719.8 | |
| VORTEX (21): | 1.2000 | |
| Stochastique (14,3,5): | 80.10 | |
| TEMA (21): | 723.3 | |
| Williams %R (14): | -8.20 | |
| Chande Momentum Oscillator (20): | 36.8 | |
| Repulse (5,40,3): | 4.4000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.5000 | |
| Courbe Coppock: | 21.30 |
| MA7: | 704.3 | |
| MA20: | 679.2 | |
| MA50: | 638.7 | |
| MA100: | 624.3 | |
| MAexp7: | 706.6 | |
| MAexp20: | 682.6 | |
| MAexp50: | 650.2 | |
| MAexp100: | 618.1 | |
| Price / MA7: | +2.91% | |
| Price / MA20: | +6.71% | |
| Price / MA50: | +13.48% | |
| Price / MA100: | +16.10% | |
| Price / MAexp7: | +2.58% | |
| Price / MAexp20: | +6.18% | |
| Price / MAexp50: | +11.47% | |
| Price / MAexp100: | +17.26% |
News
The last news published on JD SPORTS FASHION ORD 0.25P at the time of the generation of this analysis was as follows:
JD Sports FashionThis member declared not having a position on this financial instrument or a related financial instrument.
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