GREENCOAT UK WIND ORD 1P - Daily - Technical analysis published on 12/04/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 144.4 GBX
My targets
148.6 GBX (+0.27%)
150.0 GBX (+1.21%)
My analysis
The bullish trend is currently very strong on GREENCOAT UK WIND ORD 1P. As long as the price remains above the support at 144.4 GBX, you could try to benefit from the boom. The first bullish objective is located at 148.6 GBX. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 150.0 GBX as an objective. Crossing it would then enable buyers to target 152.4 GBX. 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.
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
8.8
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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 GREENCOAT UK WIND ORD 1P price is 148.2 GBX. The price has increased by +0.14% since the last closing with the lowest point at 148.0 GBX and the highest point at 148.2 GBX. The deviation from the price is +0.14% for the low point and 0% for the high point.148.0
148.2
148.2
Here is a more detailed summary of the historical variations registered by GREENCOAT UK WIND ORD 1P:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of GREENCOAT UK WIND ORD 1P indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 15 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
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
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 136.4 | 142.0 | 144.4 | 148.2 | 148.7 |
| Change (%) | -7.96% | -4.18% | -2.56% | - | +0.34% |
| Change | -11.8 | -6.2 | -3.8 | - | +0.5 |
| Level | Major | Intermediate | Minor | - | 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 | 147.0 | 147.2 | 147.6 | 147.8 | 148.2 | 148.4 | 148.8 |
| Camarilla | 147.8 | 147.9 | 147.9 | 148.0 | 148.1 | 148.1 | 148.2 |
| Woodie | 147.1 | 147.3 | 147.7 | 147.9 | 148.3 | 148.5 | 148.9 |
| Fibonacci | 147.2 | 147.4 | 147.6 | 147.8 | 148.0 | 148.2 | 148.4 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 141.0 | 142.4 | 144.8 | 146.2 | 148.6 | 150.0 | 152.4 |
| Camarilla | 146.2 | 146.5 | 146.9 | 147.2 | 147.6 | 147.9 | 148.2 |
| Woodie | 141.5 | 142.7 | 145.3 | 146.5 | 149.1 | 150.3 | 152.9 |
| Fibonacci | 142.4 | 143.9 | 144.8 | 146.2 | 147.7 | 148.6 | 150.0 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 141.0 | 142.4 | 144.8 | 146.2 | 148.6 | 150.0 | 152.4 |
| Camarilla | 146.2 | 146.5 | 146.9 | 147.2 | 147.6 | 147.9 | 148.2 |
| Woodie | 141.5 | 142.7 | 145.3 | 146.5 | 149.1 | 150.3 | 152.9 |
| Fibonacci | 142.4 | 143.9 | 144.8 | 146.2 | 147.7 | 148.6 | 150.0 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 67.70 | |
| MACD (12,26,9): | 0.8000 | |
| Directional Movement: | 20.3 | |
| AROON (14): | 42.9 | |
| DEMA (21): | 147.2 | |
| Parabolic SAR (0,02-0,02-0,2): | 144.4 | |
| Elder Ray (13): | 1.4 | |
| Super Trend (3,10): | 144.8 | |
| Zig ZAG (10): | 148.0 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 100.00 | |
| TEMA (21): | 147.2 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 2.4 | |
| Repulse (5,40,3): | 0.7000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1000 | |
| Courbe Coppock: | 1.50 |
| MA7: | 147.0 | |
| MA20: | 146.1 | |
| MA50: | 144.6 | |
| MA100: | 140.8 | |
| MAexp7: | 147.1 | |
| MAexp20: | 146.2 | |
| MAexp50: | 144.4 | |
| MAexp100: | 141.7 | |
| Price / MA7: | +0.82% | |
| Price / MA20: | +1.44% | |
| Price / MA50: | +2.49% | |
| Price / MA100: | +5.26% | |
| Price / MAexp7: | +0.75% | |
| Price / MAexp20: | +1.37% | |
| Price / MAexp50: | +2.63% | |
| Price / MAexp100: | +4.59% |
News
The last news published on GREENCOAT UK WIND ORD 1P at the time of the generation of this analysis was as follows:
-
Greencoat UK Wind close to powering 1 mln UK homes as size of portfolio surges
-
Greencoat UK Wind delivers strong return buoyed by acquisitions
-
Greencoat UK Wind to acquire Tom nan Clach wind farm in Scotland
-
Greencoat UK Wind enjoys 'continued solid performance' across portfolio
-
Greencoat UK Wind now powering a city the size of Birmingham
This member declared not having a position on this financial instrument or a related financial instrument.
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