SYNTHOMER ORD 1P - Daily - Technical analysis published on 12/30/2019 (GMT)
- 319
- 0
- Who voted?
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
83%
11%
6%
My opinion
Bullish above 346.9 GBX
My targets
387.1 GBX (+9.29%)
409.4 GBX (+15.58%)
My analysis
The bullish trend is currently very strong on SYNTHOMER ORD 10P. As long as the price remains above the support at 346.9 GBX, you could try to benefit from the boom. The first bullish objective is located at 387.1 GBX. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 409.4 GBX as an objective. Crossing it would then enable buyers to target 420.8 GBX. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.
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
7.7
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. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
SYNTHOMER ORD 10P rating 354.2 GBX. The price registered a decrease of -0.62% on the session and was traded between 349.0 GBX and 362.6 GBX over the period. The price is currently at +1.49% from its lowest and -2.32% from its highest.349.0
362.6
354.2
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 (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of SYNTHOMER ORD 10P indicates that the overall trend is strongly bullish. 85.71% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : Daily
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 308.9 | 325.3 | 346.9 | 354.2 | 387.1 | 409.4 | 420.8 |
| Change (%) | -12.79% | -8.16% | -2.06% | - | +9.29% | +15.58% | +18.80% |
| Change | -45.3 | -28.9 | -7.3 | - | +32.9 | +55.2 | +66.6 |
| Level | Major | Minor | Major | - | Intermediate | Minor | Intermediate |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 336.5 | 341.7 | 346.1 | 351.3 | 355.7 | 360.9 | 365.3 |
| Camarilla | 347.8 | 348.6 | 349.5 | 350.4 | 351.3 | 352.2 | 353.0 |
| Woodie | 336.0 | 341.5 | 345.6 | 351.1 | 355.2 | 360.7 | 364.8 |
| Fibonacci | 341.7 | 345.4 | 347.7 | 351.3 | 355.0 | 357.3 | 360.9 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 266.1 | 281.5 | 303.3 | 318.7 | 340.5 | 355.9 | 377.7 |
| Camarilla | 315.0 | 318.4 | 321.8 | 325.2 | 328.6 | 332.0 | 335.4 |
| Woodie | 269.4 | 283.1 | 306.6 | 320.3 | 343.8 | 357.5 | 381.0 |
| Fibonacci | 281.5 | 295.7 | 304.5 | 318.7 | 332.9 | 341.7 | 355.9 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 251.3 | 264.7 | 284.5 | 297.9 | 317.7 | 331.1 | 350.9 |
| Camarilla | 295.3 | 298.3 | 301.4 | 304.4 | 307.4 | 310.5 | 313.5 |
| Woodie | 254.6 | 266.3 | 287.8 | 299.5 | 321.0 | 332.7 | 354.2 |
| Fibonacci | 264.7 | 277.4 | 285.2 | 297.9 | 310.6 | 318.4 | 331.1 |
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): | 71.20 | |
| MACD (12,26,9): | 12.6000 | |
| Directional Movement: | 25.8 | |
| AROON (14): | 92.9 | |
| DEMA (21): | 337.7 | |
| Parabolic SAR (0,02-0,02-0,2): | 321.4 | |
| Elder Ray (13): | 22.0 | |
| Super Trend (3,10): | 319.5 | |
| Zig ZAG (10): | 349.4 | |
| VORTEX (21): | 1.2000 | |
| Stochastique (14,3,5): | 91.20 | |
| TEMA (21): | 347.4 | |
| Williams %R (14): | -10.50 | |
| Chande Momentum Oscillator (20): | 49.8 | |
| Repulse (5,40,3): | -2.3000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.4000 | |
| Courbe Coppock: | 26.20 |
| MA7: | 342.0 | |
| MA20: | 317.0 | |
| MA50: | 304.5 | |
| MA100: | 306.0 | |
| MAexp7: | 340.2 | |
| MAexp20: | 323.3 | |
| MAexp50: | 312.6 | |
| MAexp100: | 315.9 | |
| Price / MA7: | +3.57% | |
| Price / MA20: | +11.74% | |
| Price / MA50: | +16.32% | |
| Price / MA100: | +15.75% | |
| Price / MAexp7: | +4.12% | |
| Price / MAexp20: | +9.56% | |
| Price / MAexp50: | +13.31% | |
| Price / MAexp100: | +12.12% |
News
Don"t forget to follow the news on SYNTHOMER ORD 10P. At the time of publication of this analysis, the latest news was as follows:
- OMNOVA Solutions Shareholders Approve Merger Agreement with Synthomer plc
- SHAREHOLDER ALERT: WeissLaw LLP Investigates OMNOVA Solutions Inc.
- Shareholder Alert: Ademi & O'Reilly, LLP Investigates whether OMNOVA Solutions Inc. has obtained a Fair Price in its sale to Synthomer plc
- OMNOVA to be acquired by Synthomer plc, London for $10.15 per share; reports fiscal 2019 second quarter earnings
-
Synthomer
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis SYNTHOMER ORD 1P - Daily