VOLUTION GRP. ORD GBP0.01 - Daily - Technical analysis published on 06/25/2019 (GMT)
- Who voted?
- 218
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Strongly bullish
Technical indicators
50%
22%
28%
My opinion
Bullish above 166.6 GBX
My targets
174.9 GBX (+0.81%)
179.9 GBX (+3.69%)
My analysis
The basic bullish trend is very strong on VOLUTION GRP. ORD GBP0.01 but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 166.6 GBX. Crossing the first resistance at 174.9 GBX would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 179.9 GBX as an objective. Crossing it would then enable buyers to target 189.8 GBX. Caution, a return to below 166.6 GBX would be a sign of a consolidation phase in the short-term basic trend. 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.
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
VOLUTION GRP. ORD GBP0.01 rating 173.5 GBX. The price registered an increase of +0.00% on the session and was between 172.5 GBX and 176.0 GBX. This implies that the price is at +0.58% from its lowest and at -1.42% from its highest.172.5
176.0
173.5
Here is a more detailed summary of the historical variations registered by VOLUTION GRP. ORD GBP0.01:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of VOLUTION GRP. ORD GBP0.01 indicates that the overall trend is strongly bullish. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
On the 18 technical indicators analysed, 9 are bullish, 5 are neutral and 4 are bearish. The Central Indicators scanner found this result concerning these indicators:
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : Daily
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 resistance of channel
Type : Bearish
Timeframe : Daily
Near resistance of triangle
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 | 141.0 | 157.4 | 166.6 | 173.5 | 174.9 | 179.9 | 189.8 |
| Change (%) | -18.73% | -9.28% | -3.98% | - | +0.81% | +3.69% | +9.39% |
| Change | -32.5 | -16.1 | -6.9 | - | +1.4 | +6.4 | +16.3 |
| Level | Major | Major | Intermediate | - | Major | Intermediate | 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 | 163.9 | 166.9 | 170.2 | 173.3 | 176.6 | 179.6 | 182.9 |
| Camarilla | 171.8 | 172.3 | 172.9 | 173.5 | 174.1 | 174.7 | 175.2 |
| Woodie | 164.0 | 167.0 | 170.3 | 173.3 | 176.7 | 179.7 | 183.0 |
| Fibonacci | 166.9 | 169.4 | 170.9 | 173.3 | 175.7 | 177.2 | 179.6 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 159.0 | 164.5 | 169.0 | 174.5 | 179.0 | 184.5 | 189.0 |
| Camarilla | 170.8 | 171.7 | 172.6 | 173.5 | 174.4 | 175.3 | 176.2 |
| Woodie | 158.5 | 164.2 | 168.5 | 174.2 | 178.5 | 184.2 | 188.5 |
| Fibonacci | 164.5 | 168.3 | 170.7 | 174.5 | 178.3 | 180.7 | 184.5 |
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): | 52.20 | |
| MACD (12,26,9): | 0.5000 | |
| Directional Movement: | 3.5 | |
| AROON (14): | 64.3 | |
| DEMA (21): | 173.4 | |
| Parabolic SAR (0,02-0,02-0,2): | 179.8 | |
| Elder Ray (13): | 1.3 | |
| Super Trend (3,10): | 163.7 | |
| Zig ZAG (10): | 173.5 | |
| VORTEX (21): | 0.9000 | |
| Stochastique (14,3,5): | 45.80 | |
| TEMA (21): | 173.4 | |
| Williams %R (14): | -54.20 | |
| Chande Momentum Oscillator (20): | 5.5 | |
| Repulse (5,40,3): | -2.0000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 2.20 |
| MA7: | 173.2 | |
| MA20: | 172.4 | |
| MA50: | 172.8 | |
| MA100: | 166.0 | |
| MAexp7: | 173.4 | |
| MAexp20: | 172.8 | |
| MAexp50: | 171.2 | |
| MAexp100: | 168.8 | |
| Price / MA7: | +0.17% | |
| Price / MA20: | +0.64% | |
| Price / MA50: | +0.41% | |
| Price / MA100: | +4.52% | |
| Price / MAexp7: | +0.06% | |
| Price / MAexp20: | +0.41% | |
| Price / MAexp50: | +1.34% | |
| Price / MAexp100: | +2.78% |
News
The latest news and videos published on VOLUTION GRP. ORD GBP0.01 at the time of the analysis were as follows:
Volution GroupThis member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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 VOLUTION GRP. ORD GBP0.01 - Daily