PAYPOINT ORD 1/3P - Daily - Technical analysis published on 02/11/2020 (GMT)
- Who voted?
- 334
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bullish
Technical indicators
28%
22%
50%
My opinion
Neutral between 956 GBX and 1,016 GBX
My targets
-
My analysis
The strong short-term decrease on PAYPOINT ORD 1/3P is in contrast to the bullish trend. Sellers are trying to regain control of the asset and a reversal of the trend could be possible. It would be interesting to understand what caused such a fall. Has an economic announcement impacting the basics been published? As long as the price remains above 956 GBX, you could take advantage of the short-term boom. The first bearish objective would be 956 GBX. Then the price could move towards 921 GBX. Then 887 GBX by extension. Attention should be paid to reaction of the price on these supports to see if buyers show up. Be careful, a return to above 1,016 GBX could be a sign of a recovery in the basic bullish trend.
In the very short term, technical indicators are neutral and are not able to influence the opinion of this analysis.
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
PAYPOINT ORD 1/3P rating 971 GBX. On the day, this instrument lost -0.41% and was traded between 969 GBX and 1,000 GBX over the period. The price is currently at +0.21% from its lowest and -2.90% from its highest.969
1,000
971
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
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:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of PAYPOINT ORD 1/3P in Daily shows an overall bullish trend. The signals given by moving averages are 64.29% bullish. This bullish trend could be challenged by the strong bearish 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 50
Type : Bearish
Timeframe : Daily
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
RSI indicator is back under 50
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish engulfing lines
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 887 | 921 | 956 | 971 | 1,016 | 1,044 | 1,076 |
Change (%) | -8.65% | -5.15% | -1.54% | - | +4.63% | +7.52% | +10.81% |
Change | -84 | -50 | -15 | - | +45 | +73 | +105 |
Level | Intermediate | Minor | Major | - | Intermediate | Intermediate | Major |
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 | 909 | 932 | 955 | 978 | 1,002 | 1,025 | 1,048 |
Camarilla | 966 | 971 | 975 | 979 | 983 | 988 | 992 |
Woodie | 909 | 932 | 956 | 978 | 1,002 | 1,025 | 1,049 |
Fibonacci | 932 | 950 | 960 | 978 | 996 | 1,007 | 1,025 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 756 | 837 | 915 | 996 | 1,074 | 1,155 | 1,232 |
Camarilla | 949 | 964 | 978 | 993 | 1,007 | 1,022 | 1,036 |
Woodie | 755 | 837 | 913 | 995 | 1,072 | 1,154 | 1,231 |
Fibonacci | 837 | 898 | 935 | 996 | 1,057 | 1,094 | 1,155 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 747 | 833 | 905 | 991 | 1,064 | 1,150 | 1,222 |
Camarilla | 934 | 949 | 964 | 978 | 993 | 1,007 | 1,022 |
Woodie | 740 | 829 | 899 | 988 | 1,057 | 1,146 | 1,216 |
Fibonacci | 833 | 893 | 931 | 991 | 1,052 | 1,089 | 1,150 |
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): | 50.00 | |
MACD (12,26,9): | -2.0000 | |
Directional Movement: | -6 | |
AROON (14): | -22 | |
DEMA (21): | 996 | |
Parabolic SAR (0,02-0,02-0,2): | 1,048 | |
Elder Ray (13): | -4 | |
Super Trend (3,10): | 974 | |
Zig ZAG (10): | 993 | |
VORTEX (21): | 1.0000 | |
Stochastique (14,3,5): | 45.00 | |
TEMA (21): | 982 | |
Williams %R (14): | -53.00 | |
Chande Momentum Oscillator (20): | -29 | |
Repulse (5,40,3): | -1.0000 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0000 | |
Courbe Coppock: | 10.00 |
MA7: | 984 | |
MA20: | 1,008 | |
MA50: | 986 | |
MA100: | 930 | |
MAexp7: | 988 | |
MAexp20: | 995 | |
MAexp50: | 978 | |
MAexp100: | 948 | |
Price / MA7: | -1.32% | |
Price / MA20: | -3.67% | |
Price / MA50: | -1.52% | |
Price / MA100: | +4.41% | |
Price / MAexp7: | -1.72% | |
Price / MAexp20: | -2.41% | |
Price / MAexp50: | -0.72% | |
Price / MAexp100: | +2.43% |
News
The last news published on PAYPOINT ORD 1/3P at the time of the generation of this analysis was as follows:
- Total voting rights
- Additional Listing
- PayPoint plc: Trading update for the three months ended 31 December 2019 23 January 2020
- PayPoint plc : Director/PDMR Shareholding
- Holding(s) in Company
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…
Add a comment
Comments
0 comments on the analysis PAYPOINT ORD 1/3P - Daily