CARPETRIGHT ORD 1P - Daily - Technical analysis published on 06/25/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
CARPETRIGHT ORD 1P Chart
Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Slightly bearish
Technical indicators
61%
6%
33%
My opinion
Bearish under 22.99 GBX
My targets
18.99 GBX (-2.31%)
16.31 GBX (-16.10%)
My analysis
The basic trend is currently slightly bearish on CARPETRIGHT ORD 1P and the short term does not seem to show any sign of improvement. Sellers are struggling to get their hands on this instrument. However, as long as the price remains below 22.99 GBX, sales could be favoured. The first bearish objective would be located at 18.99 GBX. Sellers would then use the next support located at 16.31 GBX as an objective. Crossing it would then enable sellers to target 14.56 GBX. A return to above the resistance at 22.99 GBX could jeopardize this fragile bearish trend. Indecision would then be total and in this case you could keep away.
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.
Additional analysis
Quotes
The CARPETRIGHT ORD 1P price is 19.44 GBX. On the day, this instrument gained +10.14% and was traded between 18.31 GBX and 22.00 GBX over the period. The price is currently at +6.17% from its lowest and -11.64% from its highest.18.31
22.00
19.44
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CARPETRIGHT ORD 1P:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Abnormal volumes on CARPETRIGHT ORD 1P were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this Daily chart of CARPETRIGHT ORD 1P indicates that the overall trend is slightly bearish. 53.57% of the signals given by moving averages are bearish. The overall trend remains fragile, reflecting the slightly bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 11 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of triangle
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 14.56 | 16.31 | 18.99 | 19.44 | 22.99 | 25.90 | 34.00 |
| Change (%) | -25.10% | -16.10% | -2.31% | - | +18.26% | +33.23% | +74.90% |
| Change | -4.88 | -3.13 | -0.45 | - | +3.55 | +6.46 | +14.56 |
| Level | Major | Major | Intermediate | - | Major | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17.04 | 17.35 | 17.50 | 17.80 | 17.95 | 18.26 | 18.41 |
| Camarilla | 17.52 | 17.57 | 17.61 | 17.65 | 17.69 | 17.73 | 17.78 |
| Woodie | 16.97 | 17.31 | 17.42 | 17.76 | 17.88 | 18.22 | 18.33 |
| Fibonacci | 17.35 | 17.52 | 17.63 | 17.80 | 17.98 | 18.08 | 18.26 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.47 | 15.73 | 16.47 | 17.73 | 18.47 | 19.73 | 20.47 |
| Camarilla | 16.65 | 16.83 | 17.02 | 17.20 | 17.38 | 17.57 | 17.75 |
| Woodie | 14.20 | 15.60 | 16.20 | 17.60 | 18.20 | 19.60 | 20.20 |
| Fibonacci | 15.73 | 16.50 | 16.97 | 17.73 | 18.50 | 18.97 | 19.73 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 56.65 | |
| MACD (12,26,9): | -1.1900 | |
| Directional Movement: | 2.59 | |
| AROON (14): | -64.29 | |
| DEMA (21): | 18.37 | |
| Parabolic SAR (0,02-0,02-0,2): | 17.00 | |
| Elder Ray (13): | 2.05 | |
| Super Trend (3,10): | 22.07 | |
| Zig ZAG (10): | 21.10 | |
| VORTEX (21): | 0.8200 | |
| Stochastique (14,3,5): | 23.42 | |
| TEMA (21): | 16.92 | |
| Williams %R (14): | -30.00 | |
| Chande Momentum Oscillator (20): | 1.20 | |
| Repulse (5,40,3): | -14.3900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.8600 | |
| Courbe Coppock: | 34.40 |
| MA7: | 17.69 | |
| MA20: | 20.02 | |
| MA50: | 21.84 | |
| MA100: | 19.45 | |
| MAexp7: | 18.35 | |
| MAexp20: | 19.69 | |
| MAexp50: | 20.51 | |
| MAexp100: | 20.23 | |
| Price / MA7: | +9.89% | |
| Price / MA20: | -2.90% | |
| Price / MA50: | -10.99% | |
| Price / MA100: | -0.05% | |
| Price / MAexp7: | +5.94% | |
| Price / MAexp20: | -1.27% | |
| Price / MAexp50: | -5.22% | |
| Price / MAexp100: | -3.91% |
News
Don"t forget to follow the news on CARPETRIGHT ORD 1P. At the time of publication of this analysis, the latest news was as follows:
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Carpetright floored again after threadbare results
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Carpetright's full year figures 'don't make for pretty reading' - ETX Capital's Neil Wilson
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Carpetright
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Carpetright
This member declared not having a position on this financial instrument or a related financial instrument.
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