MORGAN SINDALL GRP. ORD 5P - Daily - Technical analysis published on 03/02/2020 (GMT)
- Who voted?
- 381
- 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:
Neutral
De fond:
Bullish
Technical indicators
28%
28%
44%
My opinion
Bullish above 1,613 GBX
My targets
1,858 GBX (+5.93%)
1,970 GBX (+12.31%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on MORGAN SINDALL GRP. ORD 5P. As long as you are above the support located at 1,613 GBX, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 1,858 GBX would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 1,970 GBX as an objective. If the support 1,613 GBX were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
FORCE
0
10
2.1
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
MORGAN SINDALL GRP. ORD 5P rating 1,754 GBX. The price is lower by -2.01% since the last closing and was between 1,682 GBX and 1,778 GBX. This implies that the price is at +4.28% from its lowest and at -1.35% from its highest.1,682
1,778
1,754
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 MORGAN SINDALL GRP. ORD 5P:
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
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this Daily chart of MORGAN SINDALL GRP. ORD 5P indicates that the overall trend is bullish. The signals given by moving averages are 71.43% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : Daily
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 8 are neutral and 5 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 3
Type : Neutral
Timeframe : Daily
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : Daily
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 1,341 | 1,540 | 1,613 | 1,754 | 1,770 | 1,858 | 1,970 |
| Change (%) | -23.55% | -12.20% | -8.04% | - | +0.91% | +5.93% | +12.31% |
| Change | -413 | -214 | -141 | - | +16 | +104 | +216 |
| Level | Major | Major | Minor | - | Intermediate | Intermediate | 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 | 1,873 | 1,893 | 1,911 | 1,931 | 1,949 | 1,969 | 1,987 |
| Camarilla | 1,920 | 1,923 | 1,927 | 1,930 | 1,934 | 1,937 | 1,940 |
| Woodie | 1,873 | 1,893 | 1,911 | 1,931 | 1,949 | 1,969 | 1,987 |
| Fibonacci | 1,893 | 1,907 | 1,916 | 1,931 | 1,945 | 1,954 | 1,969 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,755 | 1,791 | 1,849 | 1,885 | 1,943 | 1,979 | 2,037 |
| Camarilla | 1,882 | 1,891 | 1,899 | 1,908 | 1,917 | 1,925 | 1,934 |
| Woodie | 1,767 | 1,797 | 1,861 | 1,891 | 1,955 | 1,985 | 2,049 |
| Fibonacci | 1,791 | 1,827 | 1,849 | 1,885 | 1,921 | 1,943 | 1,979 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,396 | 1,484 | 1,658 | 1,746 | 1,920 | 2,008 | 2,182 |
| Camarilla | 1,760 | 1,784 | 1,808 | 1,832 | 1,856 | 1,880 | 1,904 |
| Woodie | 1,440 | 1,506 | 1,701 | 1,767 | 1,963 | 2,029 | 2,225 |
| Fibonacci | 1,484 | 1,584 | 1,646 | 1,746 | 1,846 | 1,908 | 2,008 |
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): | 55.00 | |
| MACD (12,26,9): | 53.0000 | |
| Directional Movement: | 4 | |
| AROON (14): | 72 | |
| DEMA (21): | 1,958 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,980 | |
| Elder Ray (13): | -12 | |
| Super Trend (3,10): | 1,841 | |
| Zig ZAG (10): | 1,880 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 56.00 | |
| TEMA (21): | 1,947 | |
| Williams %R (14): | -65.00 | |
| Chande Momentum Oscillator (20): | 16 | |
| Repulse (5,40,3): | -5.0000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 1.0000 | |
| Courbe Coppock: | 8.00 |
| MA7: | 1,930 | |
| MA20: | 1,894 | |
| MA50: | 1,752 | |
| MA100: | 1,538 | |
| MAexp7: | 1,918 | |
| MAexp20: | 1,882 | |
| MAexp50: | 1,758 | |
| MAexp100: | 1,608 | |
| Price / MA7: | -9.12% | |
| Price / MA20: | -7.39% | |
| Price / MA50: | +0.11% | |
| Price / MA100: | +14.04% | |
| Price / MAexp7: | -8.55% | |
| Price / MAexp20: | -6.80% | |
| Price / MAexp50: | -0.23% | |
| Price / MAexp100: | +9.08% |
News
The last news published on MORGAN SINDALL GRP. ORD 5P at the time of the generation of this analysis was as follows:
-
AIM stock picks: Beximco Pharma, Morgan Sindall, Defenx and Victoria.
-
Morgan Sindall Group
-
Morgan Sindall Group
This 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 MORGAN SINDALL GRP. ORD 5P - Daily