NATIONAL EXPRESS GRP. ORD 5P
NATIONAL EXPRESS GRP. ORD 5P
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: NEX
ISIN: GB0006215205

NATIONAL EXPRESS GRP. ORD 5P - Daily - Technical analysis published on 01/16/2020 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Neutral
De fond: Bullish
Technical indicators
28%
28%
44%
My opinion
Bullish above 432.7 GBX
My targets
477.8 GBX (+3.20%)
538.5 GBX (+16.31%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on NATIONAL EXPRESS GRP. ORD 5P. As long as you are above the support located at 432.7 GBX, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 477.8 GBX would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 538.5 GBX as an objective. Crossing it would then enable buyers to target 659.9 GBX. If the support 432.7 GBX were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
FORCE
0
10
3.9

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

The NATIONAL EXPRESS GRP. ORD 5P rating is 463.0 GBX. The price registered a decrease of -0.47% on the session and was traded between 461.4 GBX and 479.2 GBX over the period. The price is currently at +0.35% from its lowest and -3.38% from its highest.

461.4
479.2
463.0

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



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of NATIONAL EXPRESS GRP. ORD 5P indicates that the overall trend is bullish. 78.57% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily



In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 8 are neutral and 5 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily


RSI indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


RSI indicator is back over 50

Type : Bullish

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.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 406.0 432.7 462.0 463.0 477.8 538.5 659.9
Change (%) -12.31% -6.54% -0.22% - +3.20% +16.31% +42.53%
Change -57.0 -30.3 -1.0 - +14.8 +75.5 +196.9
Level Minor Major Major - Intermediate Minor Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard449.4455.0459.6465.2469.8475.4480.0
Camarilla461.4462.3463.3464.2465.1466.1467.0
Woodie448.9454.8459.1465.0469.3475.2479.5
Fibonacci455.0458.9461.3465.2469.1471.5475.4


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard447.9457.7464.1473.9480.3490.1496.5
Camarilla466.2467.6469.1470.6472.1473.6475.1
Woodie446.3456.9462.5473.1478.7489.3494.9
Fibonacci457.7463.9467.7473.9480.1483.9490.1


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard398.2418.4443.2463.4488.2508.4533.2
Camarilla455.6459.8463.9468.0472.1476.3480.4
Woodie400.5419.6445.5464.6490.5509.6535.5
Fibonacci418.4435.6446.2463.4480.6491.2508.4

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 51.70
MACD (12,26,9): 1.2000
Directional Movement: 2.6
AROON (14): -50.0
DEMA (21): 467.0
Parabolic SAR (0,02-0,02-0,2): 476.5
Elder Ray (13): 1.6
Super Trend (3,10): 446.8
Zig ZAG (10): 465.2
VORTEX (21): 1.0000
Stochastique (14,3,5): 29.80
TEMA (21): 464.6
Williams %R (14): -60.90
Chande Momentum Oscillator (20): -12.6
Repulse (5,40,3): -3.3000
ROCnROLL: 1
TRIX (15,9): 0.1000
Courbe Coppock: 1.70
MA7: 462.9
MA20: 467.7
MA50: 458.6
MA100: 445.9
MAexp7: 464.1
MAexp20: 464.5
MAexp50: 458.5
MAexp100: 447.9
Price / MA7: +0.02%
Price / MA20: -1.00%
Price / MA50: +0.96%
Price / MA100: +3.83%
Price / MAexp7: -0.24%
Price / MAexp20: -0.32%
Price / MAexp50: +0.98%
Price / MAexp100: +3.37%

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

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