MONKS INVESTMENT TRUST ORD 5P - Daily - Technical analysis published on 01/03/2020 (GMT)
- Who voted?
- 227
- 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
67%
6%
28%
My opinion
Bullish above 921 GBX
My targets
1,011 GBX (+4.26%)
My analysis
The bullish trend is currently very strong on MONKS INVESTMENT TRUST ORD 5P. As long as the price remains above the support at 921 GBX, you could try to benefit from the boom. The first bullish objective is located at 1,011 GBX. The bullish momentum would be boosted by a break in this resistance. 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
8
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
MONKS INVESTMENT TRUST ORD 5P rating 970 GBX. The price has increased by +1.15% since the last closing with the lowest point at 960 GBX and the highest point at 970 GBX. The deviation from the price is +1.04% for the low point and 0% for the high point.960
970
970
The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.
Opening Gap DOWN
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:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of MONKS INVESTMENT TRUST ORD 5P in Daily shows a strongly overall bullish trend. 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. 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, 12 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 891 | 921 | 964 | 970 |
| Change (%) | -8.14% | -5.05% | -0.62% | - |
| Change | -79 | -49 | -6 | - |
| Level | Intermediate | Major | Major | - |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 950 | 955 | 959 | 964 | 968 | 973 | 977 |
| Camarilla | 960 | 960 | 961 | 962 | 963 | 964 | 965 |
| Woodie | 949 | 955 | 958 | 964 | 967 | 973 | 976 |
| Fibonacci | 955 | 959 | 961 | 964 | 968 | 970 | 973 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 915 | 924 | 942 | 951 | 969 | 978 | 996 |
| Camarilla | 952 | 954 | 957 | 959 | 962 | 964 | 966 |
| Woodie | 919 | 926 | 946 | 953 | 973 | 980 | 1,000 |
| Fibonacci | 924 | 935 | 941 | 951 | 962 | 968 | 978 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 846 | 868 | 901 | 923 | 956 | 978 | 1,011 |
| Camarilla | 920 | 925 | 930 | 935 | 940 | 945 | 950 |
| Woodie | 853 | 871 | 908 | 926 | 963 | 981 | 1,018 |
| Fibonacci | 868 | 889 | 902 | 923 | 944 | 957 | 978 |
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): | 61.00 | |
| MACD (12,26,9): | 12.0000 | |
| Directional Movement: | 10 | |
| AROON (14): | 79 | |
| DEMA (21): | 963 | |
| Parabolic SAR (0,02-0,02-0,2): | 948 | |
| Elder Ray (13): | 8 | |
| Super Trend (3,10): | 935 | |
| Zig ZAG (10): | 959 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 88.00 | |
| TEMA (21): | 968 | |
| Williams %R (14): | -21.00 | |
| Chande Momentum Oscillator (20): | 37 | |
| Repulse (5,40,3): | -1.0000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 8.00 |
| MA7: | 963 | |
| MA20: | 943 | |
| MA50: | 924 | |
| MA100: | 916 | |
| MAexp7: | 961 | |
| MAexp20: | 948 | |
| MAexp50: | 932 | |
| MAexp100: | 919 | |
| Price / MA7: | +0.73% | |
| Price / MA20: | +2.86% | |
| Price / MA50: | +4.98% | |
| Price / MA100: | +5.90% | |
| Price / MAexp7: | +0.94% | |
| Price / MAexp20: | +2.32% | |
| Price / MAexp50: | +4.08% | |
| Price / MAexp100: | +5.55% |
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 MONKS INVESTMENT TRUST ORD 5P - Daily