INTERMEDIATE CAPITAL GRP. ORD 26 1/4P - Daily - Technical analysis published on 10/23/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 1,429 GBX
My targets
1,514 GBX (+5.60%)
1,574 GBX (+9.74%)
My analysis
The bullish trend is currently very strong on INTERMEDIATE CAPITAL GRP. ORD 26 1/4P. As long as the price remains above the support at 1,429 GBX, you could try to benefit from the boom. The first bullish objective is located at 1,514 GBX. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1,574 GBX as an objective. Crossing it would then enable buyers to target 1,676 GBX. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
FORCE
0
10
8.8
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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 INTERMEDIATE CAPITAL GRP. ORD 26 1/4P price is 1,434 GBX. The price registered a decrease of -0.21% on the session with the lowest point at 1,409 GBX and the highest point at 1,435 GBX. The deviation from the price is +1.77% for the low point and -0.07% for the high point.1,409
1,435
1,434
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 INTERMEDIATE CAPITAL GRP. ORD 26 1/4P:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
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 INTERMEDIATE CAPITAL GRP. ORD 26 1/4P 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:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : Daily
In fact, 15 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Near resistance of channel
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 1,203 | 1,324 | 1,429 | 1,434 |
| Change (%) | -16.11% | -7.67% | -0.35% | - |
| Change | -231 | -110 | -5 | - |
| Level | Major | Major | 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 | 1,403 | 1,416 | 1,426 | 1,439 | 1,449 | 1,462 | 1,472 |
| Camarilla | 1,431 | 1,433 | 1,435 | 1,437 | 1,439 | 1,441 | 1,443 |
| Woodie | 1,403 | 1,415 | 1,426 | 1,438 | 1,449 | 1,461 | 1,472 |
| Fibonacci | 1,416 | 1,425 | 1,430 | 1,439 | 1,448 | 1,453 | 1,462 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,245 | 1,298 | 1,362 | 1,415 | 1,479 | 1,532 | 1,596 |
| Camarilla | 1,393 | 1,404 | 1,414 | 1,425 | 1,436 | 1,446 | 1,457 |
| Woodie | 1,250 | 1,301 | 1,367 | 1,418 | 1,484 | 1,535 | 1,601 |
| Fibonacci | 1,298 | 1,343 | 1,371 | 1,415 | 1,460 | 1,488 | 1,532 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,190 | 1,250 | 1,352 | 1,412 | 1,514 | 1,574 | 1,676 |
| Camarilla | 1,410 | 1,425 | 1,440 | 1,455 | 1,470 | 1,485 | 1,500 |
| Woodie | 1,212 | 1,261 | 1,374 | 1,423 | 1,536 | 1,585 | 1,698 |
| Fibonacci | 1,250 | 1,312 | 1,350 | 1,412 | 1,474 | 1,512 | 1,574 |
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): | 57.00 | |
| MACD (12,26,9): | 10.0000 | |
| Directional Movement: | 6 | |
| AROON (14): | 64 | |
| DEMA (21): | 1,411 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,316 | |
| Elder Ray (13): | 15 | |
| Super Trend (3,10): | 1,332 | |
| Zig ZAG (10): | 1,430 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 78.00 | |
| TEMA (21): | 1,418 | |
| Williams %R (14): | -23.00 | |
| Chande Momentum Oscillator (20): | 92 | |
| Repulse (5,40,3): | 2.0000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 6.00 |
| MA7: | 1,422 | |
| MA20: | 1,390 | |
| MA50: | 1,383 | |
| MA100: | 1,373 | |
| MAexp7: | 1,419 | |
| MAexp20: | 1,401 | |
| MAexp50: | 1,385 | |
| MAexp100: | 1,343 | |
| Price / MA7: | +0.84% | |
| Price / MA20: | +3.17% | |
| Price / MA50: | +3.69% | |
| Price / MA100: | +4.44% | |
| Price / MAexp7: | +1.06% | |
| Price / MAexp20: | +2.36% | |
| Price / MAexp50: | +3.54% | |
| Price / MAexp100: | +6.78% |
News
The latest news and videos published on INTERMEDIATE CAPITAL GRP. ORD 26 1/4P at the time of the analysis were as follows:
- Intermediate Capital Group plc – Board Change
- ICG : Total Voting Rights
- ICG : Notification of Transactions of Directors
- ICG : Notification of Transactions of Directors
- Intermediate Capital Group plc : TOTAL VOTING RIGHTS
This member declared not having a position on this financial instrument or a related financial instrument.
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