GCP STUDENT LIVING ORD 1P - Daily - Technical analysis published on 02/17/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
GCP STUDENT LIVING ORD 1P Chart
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 198.5 GBX
My targets
210.9 GBX (+2.13%)
216.3 GBX (+4.75%)
My analysis
GCP STUDENT LIVING ORD 1P is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 198.5 GBX. The next resistance located at 210.9 GBX is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 216.3 GBX. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
8.4
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
GCP STUDENT LIVING ORD 1P rating 206.5 GBX. The price is lower by -0.24% since the last closing and was between 205.0 GBX and 208.5 GBX. This implies that the price is at +0.73% from its lowest and at -0.96% from its highest.205.0
208.5
206.5
The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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
Technical analysis of this Daily chart of GCP STUDENT LIVING ORD 1P indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Moving Average bearish crossovers : AMA50 & AMA100
Type : Bearish
Timeframe : Daily
In fact, 13 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : Daily
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 173.5 | 187.0 | 198.5 | 206.5 | 209.0 |
| Change (%) | -15.98% | -9.44% | -3.87% | - | +1.21% |
| Change | -33.0 | -19.5 | -8.0 | - | +2.5 |
| Level | Minor | Minor | Intermediate | - | Major |
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 | 207.6 | 208.0 | 208.5 | 209.0 | 209.5 | 209.9 | 210.4 |
| Camarilla | 208.7 | 208.8 | 208.9 | 209.0 | 209.1 | 209.2 | 209.3 |
| Woodie | 207.6 | 208.1 | 208.5 | 209.0 | 209.5 | 209.9 | 210.4 |
| Fibonacci | 208.0 | 208.4 | 208.6 | 209.0 | 209.3 | 209.6 | 209.9 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 192.3 | 195.2 | 198.3 | 201.2 | 204.3 | 207.2 | 210.3 |
| Camarilla | 199.9 | 200.4 | 201.0 | 201.5 | 202.1 | 202.6 | 203.2 |
| Woodie | 192.5 | 195.3 | 198.5 | 201.3 | 204.5 | 207.3 | 210.5 |
| Fibonacci | 195.2 | 197.5 | 198.9 | 201.2 | 203.5 | 204.9 | 207.2 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 186.0 | 190.7 | 196.1 | 200.8 | 206.2 | 210.9 | 216.3 |
| Camarilla | 198.7 | 199.7 | 200.6 | 201.5 | 202.4 | 203.4 | 204.3 |
| Woodie | 186.4 | 190.9 | 196.5 | 201.0 | 206.6 | 211.1 | 216.7 |
| Fibonacci | 190.7 | 194.6 | 196.9 | 200.8 | 204.7 | 207.0 | 210.9 |
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): | 71.70 | |
| MACD (12,26,9): | 3.0000 | |
| Directional Movement: | 14.1 | |
| AROON (14): | 71.5 | |
| DEMA (21): | 207.6 | |
| Parabolic SAR (0,02-0,02-0,2): | 201.2 | |
| Elder Ray (13): | 2.7 | |
| Super Trend (3,10): | 200.9 | |
| Zig ZAG (10): | 209.0 | |
| VORTEX (21): | 1.2000 | |
| Stochastique (14,3,5): | 97.50 | |
| TEMA (21): | 207.9 | |
| Williams %R (14): | -3.80 | |
| Chande Momentum Oscillator (20): | 10.4 | |
| Repulse (5,40,3): | 3.3000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2000 | |
| Courbe Coppock: | 5.70 |
| MA7: | 206.9 | |
| MA20: | 203.6 | |
| MA50: | 198.3 | |
| MA100: | 186.9 | |
| MAexp7: | 207.0 | |
| MAexp20: | 203.8 | |
| MAexp50: | 197.7 | |
| MAexp100: | 189.4 | |
| Price / MA7: | -0.19% | |
| Price / MA20: | +1.42% | |
| Price / MA50: | +4.14% | |
| Price / MA100: | +10.49% | |
| Price / MAexp7: | -0.24% | |
| Price / MAexp20: | +1.32% | |
| Price / MAexp50: | +4.45% | |
| Price / MAexp100: | +9.03% |
News
The latest news and videos published on GCP STUDENT LIVING ORD 1P at the time of the analysis were as follows:
- GCP Student Living Plc - Investor Report 31 March 2019
- GCP Student Living Plc - Net Asset Value, Dividend and Portfolio Update
- GCP Student Living Plc - Forward purchase agreement
- GCP Student Living Plc - Director Change
- GCP Student Living Plc - Edison issues research
This member declared not having a position on this financial instrument or a related financial instrument.
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