ASSURA ORD 10P - Daily - Technical analysis published on 12/26/2019 (GMT)
- Who voted?
- 260
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
33%
17%
50%
My opinion
Bullish above 75.4 GBX
My targets
79.3 GBX (+2.45%)
84.3 GBX (+8.95%)
My analysis
ASSURA ORD 10P is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 75.4 GBX. The next resistance located at 79.3 GBX is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 84.3 GBX. After this resistance, buyers could then target 140.8 GBX. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
FORCE
0
10
6.6
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
ASSURA ORD 10P rating 77.4 GBX. On the day, this instrument gained +0.39% and was between 77.0 GBX and 77.7 GBX. This implies that the price is at +0.52% from its lowest and at -0.39% from its highest.77.0
77.7
77.4
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 (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of ASSURA ORD 10P indicates that the overall trend is strongly bullish. 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. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : Daily
On the 18 technical indicators analysed, 6 are bullish, 9 are neutral and 3 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : Daily
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near support of channel
Type : Bullish
Timeframe : Daily
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 | 66.9 | 71.0 | 75.4 | 77.4 | 79.3 | 140.8 | 175.0 |
| Change (%) | -13.57% | -8.27% | -2.58% | - | +2.45% | +81.91% | +126.10% |
| Change | -10.5 | -6.4 | -2.0 | - | +1.9 | +63.4 | +97.6 |
| Level | Intermediate | Intermediate | Major | - | Major | Minor | Minor |
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 | 74.8 | 75.1 | 75.6 | 75.9 | 76.4 | 76.7 | 77.2 |
| Camarilla | 75.8 | 75.9 | 75.9 | 76.0 | 76.1 | 76.2 | 76.2 |
| Woodie | 74.8 | 75.2 | 75.6 | 76.0 | 76.4 | 76.8 | 77.2 |
| Fibonacci | 75.1 | 75.4 | 75.6 | 75.9 | 76.2 | 76.4 | 76.7 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 70.4 | 72.8 | 75.4 | 77.8 | 80.4 | 82.8 | 85.4 |
| Camarilla | 76.6 | 77.1 | 77.5 | 78.0 | 78.5 | 78.9 | 79.4 |
| Woodie | 70.5 | 72.9 | 75.5 | 77.9 | 80.5 | 82.9 | 85.5 |
| Fibonacci | 72.8 | 74.7 | 75.9 | 77.8 | 79.7 | 80.9 | 82.8 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 65.7 | 68.1 | 71.9 | 74.3 | 78.1 | 80.5 | 84.3 |
| Camarilla | 74.1 | 74.7 | 75.2 | 75.8 | 76.4 | 76.9 | 77.5 |
| Woodie | 66.5 | 68.5 | 72.7 | 74.7 | 78.9 | 80.9 | 85.1 |
| Fibonacci | 68.1 | 70.4 | 71.9 | 74.3 | 76.6 | 78.1 | 80.5 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 55.80 | |
| MACD (12,26,9): | 0.8000 | |
| Directional Movement: | 14.1 | |
| AROON (14): | 50.0 | |
| DEMA (21): | 77.4 | |
| Parabolic SAR (0,02-0,02-0,2): | 80.1 | |
| Elder Ray (13): | 0.4 | |
| Super Trend (3,10): | 74.6 | |
| Zig ZAG (10): | 77.1 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 28.80 | |
| TEMA (21): | 77.5 | |
| Williams %R (14): | -59.60 | |
| Chande Momentum Oscillator (20): | 0.1 | |
| Repulse (5,40,3): | 0.2000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2000 | |
| Courbe Coppock: | 3.40 |
| MA7: | 77.1 | |
| MA20: | 76.7 | |
| MA50: | 74.7 | |
| MA100: | 72.2 | |
| MAexp7: | 76.8 | |
| MAexp20: | 76.3 | |
| MAexp50: | 74.7 | |
| MAexp100: | 72.2 | |
| Price / MA7: | +0.39% | |
| Price / MA20: | +0.91% | |
| Price / MA50: | +3.61% | |
| Price / MA100: | +7.20% | |
| Price / MAexp7: | +0.78% | |
| Price / MAexp20: | +1.44% | |
| Price / MAexp50: | +3.61% | |
| Price / MAexp100: | +7.20% |
AssuraThis 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 ASSURA ORD 10P - Daily