PRUDENTIAL PUBLIC - Daily - Technical analysis published on 11/08/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
33%
28%
39%
My opinion
Bullish above 35.20 USD
My targets
38.12 USD (+7.77%)
39.58 USD (+11.90%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on PRUDENTIAL PUBLIC. This is a positive signal for buyers. As long as the price remains above 35.20 USD, a purchase could be considered. The first bullish objective is located at 38.12 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 39.58 USD as an objective. Crossing it would then enable buyers to target 42.35 USD. In the event of a return below 35.20 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
FORCE
0
10
4.5
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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
PRUDENTIAL PUBLIC rating 35.37 USD. The price is lower by -1.28% since the last closing and was traded between 35.28 USD and 35.53 USD over the period. The price is currently at +0.26% from its lowest and -0.45% from its highest.35.28
35.53
35.37
A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by PRUDENTIAL PUBLIC:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this PRUDENTIAL PUBLIC chart shows a bullish trend. The signals returned by the moving averages are 75% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 7 are neutral and 5 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 3
Type : Neutral
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:
Near horizontal support
Type : Bullish
Timeframe : Daily
Support of channel is broken
Type : Bearish
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 | 29.33 | 33.13 | 35.20 | 35.37 | 38.12 | 39.58 | 42.35 |
| Change (%) | -17.08% | -6.33% | -0.48% | - | +7.77% | +11.90% | +19.73% |
| Change | -6.04 | -2.24 | -0.17 | - | +2.75 | +4.21 | +6.98 |
| Level | Minor | Major | Intermediate | - | Intermediate | Minor | 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 | 35.35 | 35.55 | 35.69 | 35.89 | 36.03 | 36.23 | 36.37 |
| Camarilla | 35.74 | 35.77 | 35.80 | 35.83 | 35.86 | 35.89 | 35.92 |
| Woodie | 35.32 | 35.54 | 35.66 | 35.88 | 36.00 | 36.22 | 36.34 |
| Fibonacci | 35.55 | 35.68 | 35.76 | 35.89 | 36.02 | 36.10 | 36.23 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 23.45 | 26.96 | 28.80 | 32.31 | 34.15 | 37.66 | 39.50 |
| Camarilla | 29.17 | 29.66 | 30.15 | 30.64 | 31.13 | 31.62 | 32.11 |
| Woodie | 22.61 | 26.54 | 27.96 | 31.89 | 33.32 | 37.24 | 38.67 |
| Fibonacci | 26.96 | 29.00 | 30.26 | 32.31 | 34.35 | 35.62 | 37.66 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 22.58 | 25.89 | 30.41 | 33.72 | 38.24 | 41.55 | 46.07 |
| Camarilla | 32.78 | 33.50 | 34.21 | 34.93 | 35.65 | 36.37 | 37.08 |
| Woodie | 23.19 | 26.19 | 31.02 | 34.02 | 38.84 | 41.85 | 46.67 |
| Fibonacci | 25.89 | 28.88 | 30.73 | 33.72 | 36.71 | 38.56 | 41.55 |
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): | 60.57 | |
| MACD (12,26,9): | 1.0200 | |
| Directional Movement: | 17.70 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 36.01 | |
| Parabolic SAR (0,02-0,02-0,2): | 36.80 | |
| Elder Ray (13): | 0.31 | |
| Super Trend (3,10): | 33.77 | |
| Zig ZAG (10): | 35.47 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 56.98 | |
| TEMA (21): | 36.44 | |
| Williams %R (14): | -66.59 | |
| Chande Momentum Oscillator (20): | 0.05 | |
| Repulse (5,40,3): | -0.4400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.5000 | |
| Courbe Coppock: | 13.59 |
| MA7: | 35.50 | |
| MA20: | 34.77 | |
| MA50: | 32.41 | |
| MA100: | 33.53 | |
| MAexp7: | 35.55 | |
| MAexp20: | 34.64 | |
| MAexp50: | 33.45 | |
| MAexp100: | 33.50 | |
| Price / MA7: | -0.37% | |
| Price / MA20: | +1.73% | |
| Price / MA50: | +9.13% | |
| Price / MA100: | +5.49% | |
| Price / MAexp7: | -0.51% | |
| Price / MAexp20: | +2.11% | |
| Price / MAexp50: | +5.74% | |
| Price / MAexp100: | +5.58% |
This member declared not having a position on this financial instrument or a related financial instrument.
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