GAMES WORKSHOP GRP. ORD 5P
GAMES WORKSHOP GRP. ORD 5P
- GBX (-)
- 15 min delayed data - London Stock Exchange
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: GAW
ISIN: GB0003718474

GAMES WORKSHOP GRP. ORD 5P - Daily - Technical analysis published on 11/12/2019 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 5,085 GBX
My targets
5,423 GBX (+1.09%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on GAMES WORKSHOP GRP. ORD 5P as long as the price remains well above 5,085 GBX. The buyers” bullish objective is set at 5,423 GBX. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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
8.2

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:
15 min. 1H Weekly

Additional analysis

Quotes

The GAMES WORKSHOP GRP. ORD 5P rating is 5,365 GBX. The price is lower by -2.10% since the last closing and was between 5,210 GBX and 5,545 GBX. This implies that the price is at +2.97% from its lowest and at -3.25% from its highest.

5,210
5,545
5,365

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.

Central Gaps

Bullish opening

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:
The Central Records scanner for higher/lower results shows the following items:

Central Records

New HIGH record (5 years)

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 GAMES WORKSHOP GRP. ORD 5P indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Moving Average bullish crossovers : MA50 & MA100

Type : Bullish

Timeframe : Daily


Moving Average bullish crossovers : AMA20 & AMA50

Type : Bullish

Timeframe : Daily



In fact, 15 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

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

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : Daily



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 4,425 4,789 5,085 5,365
Change (%) -17.52% -10.74% -5.22% -
Change -940 -576 -280 -
Level 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
Standard5,1885,2845,3825,4785,5765,6725,770
Camarilla5,4275,4455,4625,4805,4985,5165,533
Woodie5,1895,2855,3835,4785,5775,6725,771
Fibonacci5,2845,3585,4045,4785,5525,5985,672


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3,7284,0864,7305,0885,7326,0906,735
Camarilla5,0995,1915,2835,3755,4675,5595,651
Woodie3,8724,1574,8745,1605,8766,1626,878
Fibonacci4,0864,4684,7055,0885,4705,7076,090


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3,6534,0174,2434,6074,8335,1975,423
Camarilla4,3084,3624,4164,4704,5244,5784,632
Woodie3,5853,9834,1754,5734,7655,1635,355
Fibonacci4,0174,2424,3814,6074,8324,9715,197

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 74.00
MACD (12,26,9): 144.0000
Directional Movement: 25
AROON (14): 79
DEMA (21): 4,894
Parabolic SAR (0,02-0,02-0,2): 4,448
Elder Ray (13): 536
Super Trend (3,10): 4,859
Zig ZAG (10): 5,365
VORTEX (21): 1.0000
Stochastique (14,3,5): 89.00
TEMA (21): 5,037
Williams %R (14): -17.00
Chande Momentum Oscillator (20): 929
Repulse (5,40,3): 3.0000
ROCnROLL: 1
TRIX (15,9): 0.0000
Courbe Coppock: 20.00
MA7: 4,895
MA20: 4,637
MA50: 4,658
MA100: 4,633
MAexp7: 5,025
MAexp20: 4,755
MAexp50: 4,654
MAexp100: 4,534
Price / MA7: +9.60%
Price / MA20: +15.70%
Price / MA50: +15.18%
Price / MA100: +15.80%
Price / MAexp7: +6.77%
Price / MAexp20: +12.83%
Price / MAexp50: +15.28%
Price / MAexp100: +18.33%

This member declared not having a position on this financial instrument or a related financial instrument.

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