TELECOM PLUS ORD 5P - Daily - Technical analysis published on 01/14/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
44%
17%
39%
My opinion
Bullish above 1,453 GBX
My targets
1,695 GBX (+11.79%)
1,929 GBX (+27.24%)
My analysis
TELECOM PLUS ORD 5P 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 1,453 GBX. The next resistance located at 1,695 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 1,929 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 confirm the bullish opinion of this analysis. 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
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
TELECOM PLUS ORD 5P rating 1,516 GBX. The price has increased by +0.40% since the last closing and was between 1,506 GBX and 1,516 GBX. This implies that the price is at +0.66% from its lowest and at 0% from its highest.1,506
1,516
1,516
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
A study of price movements over other periods shows the following variations:
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
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of TELECOM PLUS 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 market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, only 8 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
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
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
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 1,129 | 1,256 | 1,321 | 1,516 | 1,528 | 1,929 |
| Change (%) | -25.53% | -17.15% | -12.86% | - | +0.79% | +27.24% |
| Change | -387 | -260 | -195 | - | +12 | +413 |
| Level | Major | Minor | Major | - | Major | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,463 | 1,485 | 1,499 | 1,521 | 1,535 | 1,557 | 1,571 |
| Camarilla | 1,504 | 1,507 | 1,511 | 1,514 | 1,517 | 1,521 | 1,524 |
| Woodie | 1,460 | 1,483 | 1,496 | 1,519 | 1,532 | 1,555 | 1,568 |
| Fibonacci | 1,485 | 1,498 | 1,507 | 1,521 | 1,534 | 1,543 | 1,557 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,448 | 1,468 | 1,494 | 1,514 | 1,540 | 1,560 | 1,586 |
| Camarilla | 1,507 | 1,512 | 1,516 | 1,520 | 1,524 | 1,528 | 1,533 |
| Woodie | 1,451 | 1,470 | 1,497 | 1,516 | 1,543 | 1,562 | 1,589 |
| Fibonacci | 1,468 | 1,486 | 1,496 | 1,514 | 1,532 | 1,542 | 1,560 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,117 | 1,211 | 1,359 | 1,453 | 1,601 | 1,695 | 1,843 |
| Camarilla | 1,441 | 1,464 | 1,486 | 1,508 | 1,530 | 1,552 | 1,575 |
| Woodie | 1,145 | 1,225 | 1,387 | 1,467 | 1,629 | 1,709 | 1,871 |
| Fibonacci | 1,211 | 1,303 | 1,360 | 1,453 | 1,545 | 1,602 | 1,695 |
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): | 68.00 | |
| MACD (12,26,9): | 43.0000 | |
| Directional Movement: | 14 | |
| AROON (14): | 29 | |
| DEMA (21): | 1,544 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,466 | |
| Elder Ray (13): | 2 | |
| Super Trend (3,10): | 1,434 | |
| Zig ZAG (10): | 1,510 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 58.00 | |
| TEMA (21): | 1,542 | |
| Williams %R (14): | -49.00 | |
| Chande Momentum Oscillator (20): | -24 | |
| Repulse (5,40,3): | 1.0000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 1.0000 | |
| Courbe Coppock: | 7.00 |
| MA7: | 1,516 | |
| MA20: | 1,496 | |
| MA50: | 1,371 | |
| MA100: | 1,281 | |
| MAexp7: | 1,513 | |
| MAexp20: | 1,482 | |
| MAexp50: | 1,400 | |
| MAexp100: | 1,352 | |
| Price / MA7: | -0% | |
| Price / MA20: | +1.34% | |
| Price / MA50: | +10.58% | |
| Price / MA100: | +18.35% | |
| Price / MAexp7: | +0.20% | |
| Price / MAexp20: | +2.29% | |
| Price / MAexp50: | +8.29% | |
| Price / MAexp100: | +12.13% |
News
Don"t forget to follow the news on TELECOM PLUS ORD 5P. At the time of publication of this analysis, the latest news was as follows:
Telecom PlusThis member declared not having a position on this financial instrument or a related financial instrument.
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