DIAGEO ORD 28 101/108P - Daily - Technical analysis published on 10/03/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
33%
39%
28%
My opinion
Bearish under 3,427.4 GBX
My targets
3,240.5 GBX (-1.17%)
3,140.3 GBX (-4.23%)
My analysis
DIAGEO ORD 28 101/108P 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 3,427.4 GBX. The next support located at 3,240.5 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 3,140.3 GBX. Below this support, sellers could then target 3,064.5 GBX.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
FORCE
0
10
4.1
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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
DIAGEO ORD 28 101/108P rating 3,279.0 GBX. On the day, this instrument gained +1.88% and was between 3,231.0 GBX and 3,287.0 GBX. This implies that the price is at +1.49% from its lowest and at -0.24% from its highest.3,231.0
3,287.0
3,279.0
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.
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:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of DIAGEO ORD 28 101/108P in Daily shows an overall bearish trend. 71.43% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : Daily
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3,064.5 | 3,140.3 | 3,240.5 | 3,279.0 | 3,427.4 | 3,526.0 | 3,625.5 |
| Change (%) | -6.54% | -4.23% | -1.17% | - | +4.53% | +7.53% | +10.57% |
| Change | -214.5 | -138.7 | -38.5 | - | +148.4 | +247.0 | +346.5 |
| Level | Minor | Intermediate | Major | - | Intermediate | Intermediate | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 3,062.8 | 3,139.2 | 3,178.8 | 3,255.2 | 3,294.8 | 3,371.2 | 3,410.8 |
| Camarilla | 3,186.6 | 3,197.2 | 3,207.9 | 3,218.5 | 3,229.1 | 3,239.8 | 3,250.4 |
| Woodie | 3,044.5 | 3,130.0 | 3,160.5 | 3,246.0 | 3,276.5 | 3,362.0 | 3,392.5 |
| Fibonacci | 3,139.2 | 3,183.5 | 3,210.9 | 3,255.2 | 3,299.5 | 3,326.9 | 3,371.2 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,108.5 | 3,159.5 | 3,229.5 | 3,280.5 | 3,350.5 | 3,401.5 | 3,471.5 |
| Camarilla | 3,266.2 | 3,277.3 | 3,288.4 | 3,299.5 | 3,310.6 | 3,321.7 | 3,332.8 |
| Woodie | 3,118.0 | 3,164.3 | 3,239.0 | 3,285.3 | 3,360.0 | 3,406.3 | 3,481.0 |
| Fibonacci | 3,159.5 | 3,205.7 | 3,234.3 | 3,280.5 | 3,326.7 | 3,355.3 | 3,401.5 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2,728.2 | 2,969.3 | 3,151.2 | 3,392.3 | 3,574.2 | 3,815.3 | 3,997.2 |
| Camarilla | 3,216.7 | 3,255.5 | 3,294.2 | 3,333.0 | 3,371.8 | 3,410.6 | 3,449.3 |
| Woodie | 2,698.5 | 2,954.5 | 3,121.5 | 3,377.5 | 3,544.5 | 3,800.5 | 3,967.5 |
| Fibonacci | 2,969.3 | 3,130.9 | 3,230.8 | 3,392.3 | 3,553.9 | 3,653.8 | 3,815.3 |
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): | 45.60 | |
| MACD (12,26,9): | -35.7000 | |
| Directional Movement: | -9.3 | |
| AROON (14): | -64.3 | |
| DEMA (21): | 3,261.8 | |
| Parabolic SAR (0,02-0,02-0,2): | 3,350.7 | |
| Elder Ray (13): | -30.5 | |
| Super Trend (3,10): | 3,422.3 | |
| Zig ZAG (10): | 3,279.0 | |
| VORTEX (21): | 0.7000 | |
| Stochastique (14,3,5): | 36.50 | |
| TEMA (21): | 3,241.5 | |
| Williams %R (14): | -52.10 | |
| Chande Momentum Oscillator (20): | 0.5 | |
| Repulse (5,40,3): | -1.1000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2000 | |
| Courbe Coppock: | 4.20 |
| MA7: | 3,280.5 | |
| MA20: | 3,296.6 | |
| MA50: | 3,374.4 | |
| MA100: | 3,359.4 | |
| MAexp7: | 3,277.4 | |
| MAexp20: | 3,308.9 | |
| MAexp50: | 3,344.4 | |
| MAexp100: | 3,308.7 | |
| Price / MA7: | -0.05% | |
| Price / MA20: | -0.53% | |
| Price / MA50: | -2.83% | |
| Price / MA100: | -2.39% | |
| Price / MAexp7: | +0.05% | |
| Price / MAexp20: | -0.90% | |
| Price / MAexp50: | -1.96% | |
| Price / MAexp100: | -0.90% |
This member declared not having a position on this financial instrument or a related financial instrument.
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