AGGREKO ORD 4 329/395P - Daily - Technical analysis published on 12/18/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
AGGREKO ORD 4 329/395P Chart
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 821.7 GBX
My targets
857.5 GBX (+1.72%)
914.3 GBX (+8.46%)
My analysis
AGGREKO ORD 4 329/395P 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 821.7 GBX. The next resistance located at 857.5 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 914.3 GBX. After this resistance, buyers could then target 1,063.4 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.
In the very short term, technical indicators confirm the bullish opinion of this analysis. 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
AGGREKO ORD 4 329/395P rating 843.0 GBX. The price is lower by -0.12% since the last closing and was traded between 830.2 GBX and 845.2 GBX over the period. The price is currently at +1.54% from its lowest and -0.26% from its highest.830.2
845.2
843.0
The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by AGGREKO ORD 4 329/395P:
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 AGGREKO ORD 4 329/395P 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. An assessment of moving averages reveals a bullish signal that could impact this trend:
Moving Average bullish crossovers : AMA50 & AMA100
Type : Bullish
Timeframe : Daily
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
CCI indicator: bearish divergence
Type : Bearish
Timeframe : Daily
RSI indicator: bearish divergence
Type : Bearish
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
Resistance of triangle is broken
Type : Bullish
Timeframe : Daily
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 | 791.2 | 821.7 | 841.7 | 843.0 | 857.5 | 1,063.4 | 1,145.0 |
| Change (%) | -6.14% | -2.53% | -0.15% | - | +1.72% | +26.14% | +35.82% |
| Change | -51.8 | -21.3 | -1.3 | - | +14.5 | +220.4 | +302.0 |
| Level | Minor | Major | Major | - | Major | Intermediate | Minor |
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 | 814.9 | 825.1 | 834.5 | 844.7 | 854.1 | 864.3 | 873.7 |
| Camarilla | 838.6 | 840.4 | 842.2 | 844.0 | 845.8 | 847.6 | 849.4 |
| Woodie | 814.6 | 824.9 | 834.2 | 844.5 | 853.8 | 864.1 | 873.4 |
| Fibonacci | 825.1 | 832.6 | 837.2 | 844.7 | 852.2 | 856.8 | 864.3 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 774.6 | 794.0 | 812.0 | 831.4 | 849.4 | 868.8 | 886.8 |
| Camarilla | 819.7 | 823.1 | 826.6 | 830.0 | 833.4 | 836.9 | 840.3 |
| Woodie | 773.9 | 793.7 | 811.3 | 831.1 | 848.7 | 868.5 | 886.1 |
| Fibonacci | 794.0 | 808.3 | 817.1 | 831.4 | 845.7 | 854.5 | 868.8 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 732.5 | 756.5 | 793.1 | 817.1 | 853.7 | 877.7 | 914.3 |
| Camarilla | 813.1 | 818.7 | 824.3 | 829.8 | 835.4 | 840.9 | 846.5 |
| Woodie | 738.9 | 759.7 | 799.5 | 820.3 | 860.1 | 880.9 | 920.7 |
| Fibonacci | 756.5 | 779.6 | 793.9 | 817.1 | 840.2 | 854.5 | 877.7 |
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): | 55.30 | |
| MACD (12,26,9): | 8.6000 | |
| Directional Movement: | 7.4 | |
| AROON (14): | 57.1 | |
| DEMA (21): | 839.4 | |
| Parabolic SAR (0,02-0,02-0,2): | 825.5 | |
| Elder Ray (13): | 4.8 | |
| Super Trend (3,10): | 793.4 | |
| Zig ZAG (10): | 837.4 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 81.00 | |
| TEMA (21): | 843.4 | |
| Williams %R (14): | -33.60 | |
| Chande Momentum Oscillator (20): | 11.8 | |
| Repulse (5,40,3): | 0.9000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1000 | |
| Courbe Coppock: | 3.70 |
| MA7: | 835.2 | |
| MA20: | 828.3 | |
| MA50: | 808.9 | |
| MA100: | 807.0 | |
| MAexp7: | 838.2 | |
| MAexp20: | 828.3 | |
| MAexp50: | 816.6 | |
| MAexp100: | 807.1 | |
| Price / MA7: | +0.93% | |
| Price / MA20: | +1.77% | |
| Price / MA50: | +4.22% | |
| Price / MA100: | +4.46% | |
| Price / MAexp7: | +0.57% | |
| Price / MAexp20: | +1.77% | |
| Price / MAexp50: | +3.23% | |
| Price / MAexp100: | +4.45% |
This member declared not having a position on this financial instrument or a related financial instrument.
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