SPIRENT COMMUNICATIONS ORD 3 1/3P - Daily - Technical analysis published on 01/28/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
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
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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 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.
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:
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:
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:
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
S3 | S2 | S1 | Price | R1 | |
---|---|---|---|---|---|
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 |
---|---|---|---|---|---|---|---|
Standard | 218.3 | 221.7 | 226.8 | 230.2 | 235.3 | 238.7 | 243.8 |
Camarilla | 229.7 | 230.4 | 231.2 | 232.0 | 232.8 | 233.6 | 234.3 |
Woodie | 219.3 | 222.1 | 227.8 | 230.6 | 236.3 | 239.1 | 244.8 |
Fibonacci | 221.7 | 224.9 | 226.9 | 230.2 | 233.4 | 235.4 | 238.7 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 186.7 | 203.3 | 215.2 | 231.8 | 243.7 | 260.3 | 272.2 |
Camarilla | 219.2 | 221.8 | 224.4 | 227.0 | 229.6 | 232.2 | 234.8 |
Woodie | 184.3 | 202.1 | 212.8 | 230.6 | 241.3 | 259.1 | 269.8 |
Fibonacci | 203.3 | 214.2 | 221.0 | 231.8 | 242.7 | 249.5 | 260.3 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 175.3 | 191.1 | 221.6 | 237.4 | 267.9 | 283.8 | 314.2 |
Camarilla | 239.3 | 243.5 | 247.8 | 252.0 | 256.3 | 260.5 | 264.7 |
Woodie | 182.5 | 194.8 | 228.8 | 241.1 | 275.2 | 287.4 | 321.5 |
Fibonacci | 191.1 | 208.8 | 219.8 | 237.4 | 255.1 | 266.1 | 283.8 |
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% |
News
The last news published on SPIRENT COMMUNICATIONS ORD 3 1/3P at the time of the generation of this analysis was as follows:
- Spirent and China Mobile Collaborate to Address Mission-Critical SPN/MTN 5G Testing
- World’s Newest International Airport Turns to Spirent to Assure Critical Communications for Travelers and Airlines
- Spirent and China Mobile Collaborate to Create the First Comprehensive 5G Over-the-Air Device Evaluation System
- Spirent Wraps 2019 With More Than 100 5G Deals
- Spirent Delivers Next-Generation C200 Appliance for Network Security Assessments
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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