CENTRICA ORD 6 14/81P - Daily - Technical analysis published on 10/09/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
11%
61%
28%
My opinion
Bearish under 75.84 GBX
My targets
64.58 GBX (-5.03%)
My analysis
The bearish trend is currently very strong for CENTRICA ORD 6 14/81P. As long as the price remains below the resistance at 75.84 GBX, you could try to take advantage of the bearish rally. The first bearish objective is located at 64.58 GBX. The bearish momentum would be revived by a break in this support. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
FORCE
0
10
7.3
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CENTRICA ORD 6 14/81P price is 68.00 GBX. On the day, this instrument lost -1.99% with the lowest point at 67.24 GBX and the highest point at 70.08 GBX. The deviation from the price is +1.13% for the low point and -2.97% for the high point.67.24
70.08
68.00
Here is a more detailed summary of the historical variations registered by CENTRICA ORD 6 14/81P:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of CENTRICA ORD 6 14/81P in Daily shows a overall strongly bearish trend. The signals given by moving averages are 89.29% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : Daily
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : Daily
The probability of a further decline is moderate given the direction of the technical indicators.
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 under support 1
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish engulfing lines
Type : Bearish
Timeframe : Daily
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 64.58 | 68.00 | 75.84 | 91.43 | 124.10 |
| Change (%) | -5.03% | - | +11.53% | +34.46% | +82.50% |
| Change | -3.42 | - | +7.84 | +23.43 | +56.10 |
| Level | Major | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 64.17 | 66.01 | 66.93 | 68.77 | 69.69 | 71.53 | 72.45 |
| Camarilla | 67.09 | 67.34 | 67.60 | 67.85 | 68.10 | 68.36 | 68.61 |
| Woodie | 63.71 | 65.78 | 66.47 | 68.54 | 69.23 | 71.30 | 71.99 |
| Fibonacci | 66.01 | 67.07 | 67.72 | 68.77 | 69.82 | 70.47 | 71.53 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 58.94 | 62.95 | 65.54 | 69.54 | 72.13 | 76.13 | 78.72 |
| Camarilla | 66.31 | 66.92 | 67.52 | 68.12 | 68.73 | 69.33 | 69.94 |
| Woodie | 58.24 | 62.59 | 64.83 | 69.18 | 71.42 | 75.78 | 78.01 |
| Fibonacci | 62.95 | 65.47 | 67.02 | 69.54 | 72.06 | 73.61 | 76.13 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 55.18 | 60.08 | 66.10 | 70.99 | 77.01 | 81.91 | 87.92 |
| Camarilla | 69.11 | 70.11 | 71.11 | 72.11 | 73.11 | 74.11 | 75.12 |
| Woodie | 55.74 | 60.36 | 66.66 | 71.27 | 77.57 | 82.19 | 88.48 |
| Fibonacci | 60.08 | 64.25 | 66.82 | 70.99 | 75.16 | 77.74 | 81.91 |
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): | 39.11 | |
| MACD (12,26,9): | -0.5400 | |
| Directional Movement: | -6.60 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 68.96 | |
| Parabolic SAR (0,02-0,02-0,2): | 72.49 | |
| Elder Ray (13): | -2.10 | |
| Super Trend (3,10): | 74.32 | |
| Zig ZAG (10): | 66.50 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 22.57 | |
| TEMA (21): | 69.20 | |
| Williams %R (14): | -90.45 | |
| Chande Momentum Oscillator (20): | -3.68 | |
| Repulse (5,40,3): | -6.6200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 7.37 |
| MA7: | 68.79 | |
| MA20: | 70.62 | |
| MA50: | 68.35 | |
| MA100: | 78.23 | |
| MAexp7: | 68.55 | |
| MAexp20: | 69.51 | |
| MAexp50: | 71.65 | |
| MAexp100: | 78.28 | |
| Price / MA7: | -1.15% | |
| Price / MA20: | -3.71% | |
| Price / MA50: | -0.51% | |
| Price / MA100: | -13.08% | |
| Price / MAexp7: | -0.80% | |
| Price / MAexp20: | -2.17% | |
| Price / MAexp50: | -5.09% | |
| Price / MAexp100: | -13.13% |
News
Don"t forget to follow the news on CENTRICA ORD 6 14/81P. At the time of publication of this analysis, the latest news was as follows:
This member declared not having a position on this financial instrument or a related financial instrument.
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