CINEWORLD GRP. ORD 1P - Daily - Technical analysis published on 08/22/2022 (GMT)
- 129
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : WITHOUT TARGET
CINEWORLD GRP. ORD 1P Chart
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
83%
6%
My opinion
Bearish under 11.823 GBX
My targets
-
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on CINEWORLD GRP. ORD 1P as long as the price remains well below 11.823 GBX. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
8.4
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This analysis was given by Milosz Herman.
Additional analysis
Quotes
The CINEWORLD GRP. ORD 1P price is 4.069 GBX. On the day, this instrument lost -58.27% with the lowest point at 3.331 GBX and the highest point at 9.988 GBX. The deviation from the price is +22.16% for the low point and -59.26% for the high point.3.331
9.988
4.069
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
Here is a more detailed summary of the historical variations registered by CINEWORLD GRP. ORD 1P:
New LOW record (5 years)
Type : Bearish
Timeframe : Weekly
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Abnormal volumes on CINEWORLD GRP. ORD 1P were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this Daily chart of CINEWORLD GRP. ORD 1P indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a strong bearish signal.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 20
Type : Neutral
Timeframe : Daily
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 3
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Long black line
Type : Bearish
Timeframe : Daily
Bearish engulfing lines
Type : Bearish
Timeframe : Daily
ProTrendLines
R1
R2
R3
Price
| Price | R1 | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 4.069 | 20.549 | 31.729 | 41.470 |
| Change (%) | - | +405.01% | +679.77% | +919.17% |
| Change | - | +16.480 | +27.660 | +37.401 |
| Level | - | Major | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -7.605 | -2.902 | 0.583 | 5.286 | 8.771 | 13.474 | 16.959 |
| Camarilla | 1.817 | 2.568 | 3.318 | 4.069 | 4.820 | 5.570 | 6.321 |
| Woodie | -8.213 | -3.207 | -0.025 | 4.982 | 8.163 | 13.170 | 16.351 |
| Fibonacci | -2.902 | 0.226 | 2.158 | 5.286 | 8.414 | 10.346 | 13.474 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -23.421 | -10.810 | -3.371 | 9.240 | 16.679 | 29.290 | 36.729 |
| Camarilla | -1.445 | 0.393 | 2.231 | 4.069 | 5.907 | 7.745 | 9.583 |
| Woodie | -26.006 | -12.103 | -5.956 | 7.947 | 14.094 | 27.997 | 34.144 |
| Fibonacci | -10.810 | -3.151 | 1.581 | 9.240 | 16.899 | 21.631 | 29.290 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.823 | 14.243 | 18.661 | 21.081 | 25.499 | 27.919 | 32.337 |
| Camarilla | 21.200 | 21.826 | 22.453 | 23.080 | 23.707 | 24.334 | 24.961 |
| Woodie | 12.823 | 14.743 | 19.661 | 21.581 | 26.499 | 28.419 | 33.337 |
| Fibonacci | 14.243 | 16.855 | 18.469 | 21.081 | 23.693 | 25.307 | 27.919 |
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): | 18.55 | |
| MACD (12,26,9): | -2.6450 | |
| Directional Movement: | -39.370 | |
| AROON (14): | -92.857 | |
| DEMA (21): | 14.667 | |
| Parabolic SAR (0,02-0,02-0,2): | 21.333 | |
| Elder Ray (13): | -9.962 | |
| Super Trend (3,10): | 16.309 | |
| Zig ZAG (10): | 4.069 | |
| VORTEX (21): | 0.7650 | |
| Stochastique (14,3,5): | 8.25 | |
| TEMA (21): | 12.616 | |
| Williams %R (14): | -89.98 | |
| Chande Momentum Oscillator (20): | -17.271 | |
| Repulse (5,40,3): | -200.6160 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.5090 | |
| Courbe Coppock: | 71.17 |
| MA7: | 15.134 | |
| MA20: | 19.293 | |
| MA50: | 19.954 | |
| MA100: | 24.143 | |
| MAexp7: | 12.838 | |
| MAexp20: | 17.395 | |
| MAexp50: | 20.235 | |
| MAexp100: | 24.686 | |
| Price / MA7: | -73.11% | |
| Price / MA20: | -78.91% | |
| Price / MA50: | -79.61% | |
| Price / MA100: | -83.15% | |
| Price / MAexp7: | -68.31% | |
| Price / MAexp20: | -76.61% | |
| Price / MAexp50: | -79.89% | |
| Price / MAexp100: | -83.52% |
Quotes :
-
End-of-day data
-
London Stock Exchange
News
The latest news and videos published on CINEWORLD GRP. ORD 1P at the time of the analysis were as follows:
- Cineworld Group plc Announces Proposed C$2.8bn/US$2.1bn acquisition of Cineplex
- IMAX And Cineworld Group Sign Agreement To Install New IMAX® With Laser Experience In 55 Cineworld And Regal IMAX Locations
-
Regal Cinemas Stock Sale Halted on Reports of Merger With Cineworld
-
Cineworld In Talks With Regal Entertainment About Merger
-
Cineworld Group
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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