NEWRIVER REIT ORD 1P
NEWRIVER REIT ORD 1P
- GBX (-)
- 15 min delayed data - London Stock Exchange
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: NRR
ISIN: GB00BD7XPJ64

NEWRIVER REIT ORD 1P - Daily - Technical analysis published on 02/24/2020 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Bearish
De fond: Strongly bearish
Technical indicators
28%
11%
61%
My opinion
Bearish under 208.5 GBX
My targets
179.3 GBX (-6.13%)
173.0 GBX (-9.42%)
My analysis
The bearish basic trend is very strong on NEWRIVER REIT ORD 1P but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 208.5 GBX. Crossing the first support at 179.3 GBX would be a sign of a further potential price plummet. Sellers would then use the next support located at 173.0 GBX as an objective. Crossing it would then enable sellers to target 163.4 GBX. Caution, a return to above the resistance located at 208.5 GBX would be a sign of a possible consolidation phase of the short-term basic trend. 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.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
4.5

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. Take part yourself by sharing additional analysis on another time unit:
1H Weekly

Additional analysis

Quotes

The NEWRIVER REIT ORD 1P price is 191.0 GBX. The price registered an increase of +1.06% on the session and was between 186.6 GBX and 191.4 GBX. This implies that the price is at +2.36% from its lowest and at -0.21% from its highest.

186.6
191.4
191.0

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of NEWRIVER REIT ORD 1P in Daily shows a overall strongly bearish trend. The signals given by moving averages are 85.71% bearish. This strongly bearish trend seems to be slowing down given the slightly bearish signals being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily



An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Daily


Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily



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:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : Daily


Near support of channel

Type : Bullish

Timeframe : Daily



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 173.0 179.3 188.3 191.0 193.6 208.5 217.5
Change (%) -9.42% -6.13% -1.41% - +1.36% +9.16% +13.87%
Change -18.0 -11.7 -2.7 - +2.6 +17.5 +26.5
Level Major Intermediate Major - Major Major Minor



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
Standard185.2187.2188.6190.6192.0194.0195.4
Camarilla189.1189.4189.7190.0190.3190.6190.9
Woodie184.9187.1188.3190.5191.7193.9195.1
Fibonacci187.2188.5189.3190.6191.9192.7194.0


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard175.1179.5184.1188.5193.1197.5202.1
Camarilla186.1187.0187.8188.6189.4190.3191.1
Woodie175.1179.6184.1188.6193.1197.6202.1
Fibonacci179.5183.0185.1188.5192.0194.1197.5


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard161.7173.9181.0193.2200.3212.5219.6
Camarilla182.7184.5186.2188.0189.8191.5193.3
Woodie159.1172.6178.4191.9197.7211.2217.0
Fibonacci173.9181.3185.9193.2200.6205.2212.5

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): 45.20
MACD (12,26,9): -1.1000
Directional Movement: -6.0
AROON (14): 14.2
DEMA (21): 189.4
Parabolic SAR (0,02-0,02-0,2): 185.3
Elder Ray (13): -1.4
Super Trend (3,10): 183.2
Zig ZAG (10): 189.6
VORTEX (21): 1.0000
Stochastique (14,3,5): 52.60
TEMA (21): 189.4
Williams %R (14): -50.90
Chande Momentum Oscillator (20): 1.8
Repulse (5,40,3): -2.2000
ROCnROLL: 2
TRIX (15,9): -0.1000
Courbe Coppock: 0.00
MA7: 190.6
MA20: 190.4
MA50: 195.3
MA100: 196.0
MAexp7: 190.3
MAexp20: 191.1
MAexp50: 192.9
MAexp100: 193.1
Price / MA7: +0.21%
Price / MA20: +0.32%
Price / MA50: -2.20%
Price / MA100: -2.55%
Price / MAexp7: +0.37%
Price / MAexp20: -0.05%
Price / MAexp50: -0.98%
Price / MAexp100: -1.09%

News


The latest news and videos published on NEWRIVER REIT ORD 1P at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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