EUROPEAN OPPORTUNITIES TRUST ORD 1P - Daily - Technical analysis published on 10/04/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
11%
72%
17%
My opinion
Bearish under 815 GBX
My targets
794 GBX (-1.17%)
757 GBX (-5.77%)
My analysis
JUPITER EU. OPPORTUNITIES TRUST ORD 1P is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 815 GBX. The next support located at 794 GBX is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 757 GBX. Below this support, sellers could then target 728 GBX.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
FORCE
0
10
6.3
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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 JUPITER EU. OPPORTUNITIES TRUST ORD 1P price is 803 GBX. The price registered an increase of +0.42% on the session and was traded between 794 GBX and 805 GBX over the period. The price is currently at +1.18% from its lowest and -0.20% from its highest.794
805
803
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
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:
Technical
A technical analysis in Daily of this JUPITER EU. OPPORTUNITIES TRUST ORD 1P chart shows a bearish trend. The signals given by moving averages are 75% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : Daily
In fact, 13 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : Daily
SuperTrend indicator bearish reversal
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : Daily
Support of channel is broken
Type : Bearish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 728 | 757 | 794 | 803 | 815 | 834 | 854 |
| Change (%) | -9.38% | -5.77% | -1.17% | - | +1.45% | +3.81% | +6.30% |
| Change | -75 | -46 | -9 | - | +12 | +31 | +51 |
| Level | Minor | Intermediate | Major | - | Intermediate | Major | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 767 | 785 | 794 | 812 | 821 | 839 | 848 |
| Camarilla | 796 | 798 | 801 | 803 | 806 | 808 | 810 |
| Woodie | 763 | 783 | 790 | 810 | 817 | 837 | 844 |
| Fibonacci | 785 | 795 | 802 | 812 | 822 | 829 | 839 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 796 | 810 | 821 | 835 | 846 | 860 | 871 |
| Camarilla | 825 | 827 | 830 | 832 | 834 | 837 | 839 |
| Woodie | 795 | 809 | 820 | 834 | 845 | 859 | 870 |
| Fibonacci | 810 | 820 | 825 | 835 | 845 | 850 | 860 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 791 | 808 | 822 | 839 | 853 | 870 | 884 |
| Camarilla | 829 | 831 | 834 | 837 | 840 | 843 | 846 |
| Woodie | 791 | 807 | 822 | 838 | 853 | 869 | 884 |
| Fibonacci | 808 | 820 | 827 | 839 | 851 | 858 | 870 |
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): | 30.00 | |
| MACD (12,26,9): | -7.0000 | |
| Directional Movement: | -20 | |
| AROON (14): | -100 | |
| DEMA (21): | 825 | |
| Parabolic SAR (0,02-0,02-0,2): | 842 | |
| Elder Ray (13): | -24 | |
| Super Trend (3,10): | 846 | |
| Zig ZAG (10): | 800 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 13.00 | |
| TEMA (21): | 819 | |
| Williams %R (14): | -93.00 | |
| Chande Momentum Oscillator (20): | -45 | |
| Repulse (5,40,3): | -5.0000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 6.00 |
| MA7: | 824 | |
| MA20: | 838 | |
| MA50: | 839 | |
| MA100: | 842 | |
| MAexp7: | 820 | |
| MAexp20: | 832 | |
| MAexp50: | 836 | |
| MAexp100: | 828 | |
| Price / MA7: | -2.50% | |
| Price / MA20: | -4.13% | |
| Price / MA50: | -4.25% | |
| Price / MA100: | -4.59% | |
| Price / MAexp7: | -2.03% | |
| Price / MAexp20: | -3.44% | |
| Price / MAexp50: | -3.90% | |
| Price / MAexp100: | -2.97% |
This member declared not having a position on this financial instrument or a related financial instrument.
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