RESTAURANT GRP. ORD 28 1/8P - Daily - Technical analysis published on 06/25/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
RESTAURANT GRP. ORD 28 1/8P Chart
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 125.2 GBX
My targets
100.1 GBX (-18.29%)
My analysis
The bearish trend is currently very strong for RESTAURANT GRP. ORD 28 1/8P. As long as the price remains below the resistance at 125.2 GBX, you could try to take advantage of the bearish rally. The first bearish objective is located at 100.1 GBX. The bearish momentum would be revived by a break in this support. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
RESTAURANT GRP. ORD 28 1/8P rating 122.5 GBX. The price registered a decrease of -0.41% on the session and was traded between 121.9 GBX and 123.2 GBX over the period. The price is currently at +0.49% from its lowest and -0.57% from its highest.121.9
123.2
122.5
The Central Gaps scanner detects a bullish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
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 LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this RESTAURANT GRP. ORD 28 1/8P chart shows a sharp bearish trend. The signals given by moving averages are 82.14% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 4 are neutral and 10 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of channel
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 100.1 | 122.5 | 125.2 | 147.1 | 241.2 |
| Change (%) | -18.29% | - | +2.20% | +20.08% | +96.90% |
| Change | -22.4 | - | +2.7 | +24.6 | +118.7 |
| Level | Major | - | Major | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 120.6 | 121.7 | 122.3 | 123.4 | 124.0 | 125.1 | 125.7 |
| Camarilla | 122.5 | 122.7 | 122.8 | 123.0 | 123.2 | 123.3 | 123.5 |
| Woodie | 120.4 | 121.6 | 122.2 | 123.3 | 123.8 | 125.0 | 125.6 |
| Fibonacci | 121.7 | 122.3 | 122.7 | 123.4 | 124.0 | 124.4 | 125.1 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 116.6 | 119.5 | 121.4 | 124.3 | 126.2 | 129.1 | 131.0 |
| Camarilla | 121.9 | 122.3 | 122.8 | 123.2 | 123.6 | 124.1 | 124.5 |
| Woodie | 116.0 | 119.2 | 120.8 | 124.1 | 125.6 | 128.9 | 130.4 |
| Fibonacci | 119.5 | 121.4 | 122.5 | 124.3 | 126.2 | 127.3 | 129.1 |
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): | 39.00 | |
| MACD (12,26,9): | -1.8000 | |
| Directional Movement: | -0.1 | |
| AROON (14): | -71.4 | |
| DEMA (21): | 123.6 | |
| Parabolic SAR (0,02-0,02-0,2): | 129.9 | |
| Elder Ray (13): | -2.1 | |
| Super Trend (3,10): | 132.2 | |
| Zig ZAG (10): | 122.7 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 4.40 | |
| TEMA (21): | 122.3 | |
| Williams %R (14): | -93.70 | |
| Chande Momentum Oscillator (20): | -6.9 | |
| Repulse (5,40,3): | -2.6000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2000 | |
| Courbe Coppock: | 6.70 |
| MA7: | 123.5 | |
| MA20: | 126.4 | |
| MA50: | 130.2 | |
| MA100: | 128.6 | |
| MAexp7: | 123.6 | |
| MAexp20: | 125.9 | |
| MAexp50: | 128.2 | |
| MAexp100: | 137.3 | |
| Price / MA7: | -0.81% | |
| Price / MA20: | -3.09% | |
| Price / MA50: | -5.91% | |
| Price / MA100: | -4.74% | |
| Price / MAexp7: | -0.89% | |
| Price / MAexp20: | -2.70% | |
| Price / MAexp50: | -4.45% | |
| Price / MAexp100: | -10.78% |
This member declared not having a position on this financial instrument or a related financial instrument.
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