SPIRENT COMMUNICATIONS ORD 3 1/3P
SPIRENT COMMUNICATIONS ORD 3 1/3P
- GBX (-)
- 15 min delayed data - London Stock Exchange
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: SPT
ISIN: GB0004726096

SPIRENT COMMUNICATIONS ORD 3 1/3P - Daily - Technical analysis published on 01/28/2020 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Neutral
De fond: Bullish
Technical indicators
50%
11%
39%
My opinion
Bullish above 219.0 GBX
My targets
248.0 GBX (+9.98%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the support located at 219.0 GBX remains possible. It is advisable to trade SPIRENT COMMUNICATIONS ORD 3 1/3P with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 219.0 GBX. The next bullish objective for buyers is set at 248.0 GBX. A bullish break in this resistance would boost the bullish momentum. PS: if there is a bearish break in the support located at 219.0 GBX we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

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
5.2

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:
1H Weekly

Additional analysis

Quotes

The SPIRENT COMMUNICATIONS ORD 3 1/3P price is 225.5 GBX. On the day, this instrument lost -6.63% and was between 225.5 GBX and 236.3 GBX. This implies that the price is at 0% from its lowest and at -4.57% from its highest.

225.5
236.3
225.5

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap UP

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:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

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


A technical analysis in Daily of this SPIRENT COMMUNICATIONS ORD 3 1/3P chart shows a bullish trend. 78.57% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily



In fact, only 9 technical indicators out of 18 studied are currently positioned bullish. Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 174.0 208.4 219.0 225.5 248.0
Change (%) -22.84% -7.58% -2.88% - +9.98%
Change -51.5 -17.1 -6.5 - +22.5
Level Major Major Major - Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard218.3221.7226.8230.2235.3238.7243.8
Camarilla229.7230.4231.2232.0232.8233.6234.3
Woodie219.3222.1227.8230.6236.3239.1244.8
Fibonacci221.7224.9226.9230.2233.4235.4238.7


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard186.7203.3215.2231.8243.7260.3272.2
Camarilla219.2221.8224.4227.0229.6232.2234.8
Woodie184.3202.1212.8230.6241.3259.1269.8
Fibonacci203.3214.2221.0231.8242.7249.5260.3


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard175.3191.1221.6237.4267.9283.8314.2
Camarilla239.3243.5247.8252.0256.3260.5264.7
Woodie182.5194.8228.8241.1275.2287.4321.5
Fibonacci191.1208.8219.8237.4255.1266.1283.8

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): 57.20
MACD (12,26,9): 2.6000
Directional Movement: 15.8
AROON (14): 21.4
DEMA (21): 234.5
Parabolic SAR (0,02-0,02-0,2): 206.8
Elder Ray (13): 4.8
Super Trend (3,10): 201.2
Zig ZAG (10): 241.5
VORTEX (21): 0.9000
Stochastique (14,3,5): 70.00
TEMA (21): 233.4
Williams %R (14): -14.60
Chande Momentum Oscillator (20): 29.5
Repulse (5,40,3): 0.9000
ROCnROLL: 1
TRIX (15,9): 0.1000
Courbe Coppock: 0.70
MA7: 231.7
MA20: 232.7
MA50: 224.1
MA100: 211.4
MAexp7: 233.6
MAexp20: 230.8
MAexp50: 223.7
MAexp100: 211.5
Price / MA7: -2.68%
Price / MA20: -3.09%
Price / MA50: +0.62%
Price / MA100: +6.67%
Price / MAexp7: -3.47%
Price / MAexp20: -2.30%
Price / MAexp50: +0.80%
Price / MAexp100: +6.62%

This member declared not having a position on this financial instrument or a related financial instrument.

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