CENTAMIN ORD NPV (DI) - Daily - Technical analysis published on 08/12/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
89%
6%
6%
My opinion
Bullish above 136.20 GBX
My targets
153.00 GBX (+7.63%)
165.23 GBX (+16.24%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CENTAMIN ORD NPV (DI) as long as the price remains well above 136.20 GBX. The buyers” bullish objective is set at 153.00 GBX. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 165.23 GBX. If there is any crossing, the next objective would be the resistance located at 180.01 GBX. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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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
The CENTAMIN ORD NPV (DI) price is 142.15 GBX. The price has increased by +0.42% since the last closing and was between 137.20 GBX and 142.30 GBX. This implies that the price is at +3.61% from its lowest and at -0.11% from its highest.137.20
142.30
142.15
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
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 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 CENTAMIN ORD NPV (DI) in Daily shows a strongly overall bullish trend. 92.86% 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 16 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 80
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
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of channel
Type : Bearish
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 | 107.30 | 122.37 | 136.20 | 142.15 | 153.00 | 165.23 | 180.01 |
Change (%) | -24.52% | -13.91% | -4.19% | - | +7.63% | +16.24% | +26.63% |
Change | -34.85 | -19.78 | -5.95 | - | +10.85 | +23.08 | +37.86 |
Level | Major | Major | Major | - | Minor | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 132.43 | 135.12 | 138.33 | 141.02 | 144.23 | 146.92 | 150.13 |
Camarilla | 139.93 | 140.47 | 141.01 | 141.55 | 142.09 | 142.63 | 143.17 |
Woodie | 132.70 | 135.25 | 138.60 | 141.15 | 144.50 | 147.05 | 150.40 |
Fibonacci | 135.12 | 137.37 | 138.76 | 141.02 | 143.27 | 144.66 | 146.92 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 116.85 | 122.65 | 132.10 | 137.90 | 147.35 | 153.15 | 162.60 |
Camarilla | 137.36 | 138.75 | 140.15 | 141.55 | 142.95 | 144.35 | 145.74 |
Woodie | 118.68 | 123.56 | 133.93 | 138.81 | 149.18 | 154.06 | 164.43 |
Fibonacci | 122.65 | 128.48 | 132.07 | 137.90 | 143.73 | 147.32 | 153.15 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 88.27 | 98.63 | 114.27 | 124.63 | 140.27 | 150.63 | 166.27 |
Camarilla | 122.75 | 125.13 | 127.52 | 129.90 | 132.28 | 134.67 | 137.05 |
Woodie | 90.90 | 99.95 | 116.90 | 125.95 | 142.90 | 151.95 | 168.90 |
Fibonacci | 98.63 | 108.57 | 114.70 | 124.63 | 134.57 | 140.70 | 150.63 |
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): | 79.52 | |
MACD (12,26,9): | 7.4300 | |
Directional Movement: | 37.40 | |
AROON (14): | 92.86 | |
DEMA (21): | 136.99 | |
Parabolic SAR (0,02-0,02-0,2): | 131.27 | |
Elder Ray (13): | 7.58 | |
Super Trend (3,10): | 127.13 | |
Zig ZAG (10): | 141.50 | |
VORTEX (21): | 1.1700 | |
Stochastique (14,3,5): | 93.09 | |
TEMA (21): | 139.94 | |
Williams %R (14): | -7.48 | |
Chande Momentum Oscillator (20): | 22.55 | |
Repulse (5,40,3): | 6.0500 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.7300 | |
Courbe Coppock: | 33.87 |
MA7: | 136.41 | |
MA20: | 125.39 | |
MA50: | 115.39 | |
MA100: | 101.66 | |
MAexp7: | 136.57 | |
MAexp20: | 127.74 | |
MAexp50: | 117.04 | |
MAexp100: | 109.38 | |
Price / MA7: | +4.21% | |
Price / MA20: | +13.37% | |
Price / MA50: | +23.19% | |
Price / MA100: | +39.83% | |
Price / MAexp7: | +4.09% | |
Price / MAexp20: | +11.28% | |
Price / MAexp50: | +21.45% | |
Price / MAexp100: | +29.96% |
News
The last news published on CENTAMIN ORD NPV (DI) at the time of the generation of this analysis was as follows:
- Centamin PLC Announces Interim 2019 Results
- Centamin PLC Announces Q2 2019 Report
- Centamin PLC Announces Director/PDMR Share Awards
- Centamin PLC Announces Total Voting Rights
- Centamin PLC announces Ordinary Share Listing Application
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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…
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