HOMESERVE ORD 2 9/13P - Daily - Technical analysis published on 11/13/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
HOMESERVE ORD 2 9/13P Chart
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
39%
17%
44%
My opinion
Bullish above 1,120 GBX
My targets
1,190 GBX (+2.59%)
1,263 GBX (+8.88%)
My analysis
The bullish trend is currently very strong on HOMESERVE ORD 2 9/13P. As long as the price remains above the support at 1,120 GBX, you could try to benefit from the boom. The first bullish objective is located at 1,190 GBX. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1,263 GBX as an objective. 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, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
5.7
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This analysis was given by Vincent Launay.
Additional analysis
Quotes
HOMESERVE ORD 2 9/13P rating 1,160 GBX. The price has increased by +0.00% since the last closing and was between 1,155 GBX and 1,170 GBX. This implies that the price is at +0.43% from its lowest and at -0.85% from its highest.1,155
1,170
1,160
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:
Technical
A technical analysis in Daily of this HOMESERVE ORD 2 9/13P chart shows a strongly bullish trend. The signals given by the moving averages are 82.14% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Moving Average bullish crossovers : MA20 & MA50
Type : Bullish
Timeframe : Daily
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : Daily
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of triangle
Type : Bullish
Timeframe : Daily
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish engulfing lines
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 1,041 | 1,088 | 1,120 | 1,160 | 1,190 | 1,263 |
| Change (%) | -10.26% | -6.21% | -3.45% | - | +2.59% | +8.88% |
| Change | -119 | -72 | -40 | - | +30 | +103 |
| Level | Intermediate | Intermediate | 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 | 1,122 | 1,134 | 1,142 | 1,154 | 1,162 | 1,174 | 1,182 |
| Camarilla | 1,144 | 1,145 | 1,147 | 1,149 | 1,151 | 1,153 | 1,155 |
| Woodie | 1,135 | 1,143 | 1,152 | 1,160 | 1,169 | 1,177 | 1,186 |
| Fibonacci | 1,143 | 1,150 | 1,154 | 1,160 | 1,167 | 1,171 | 1,177 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,042 | 1,088 | 1,126 | 1,172 | 1,210 | 1,256 | 1,294 |
| Camarilla | 1,141 | 1,149 | 1,156 | 1,164 | 1,172 | 1,179 | 1,187 |
| Woodie | 1,038 | 1,086 | 1,122 | 1,170 | 1,206 | 1,254 | 1,290 |
| Fibonacci | 1,088 | 1,120 | 1,140 | 1,172 | 1,204 | 1,224 | 1,256 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,004 | 1,050 | 1,105 | 1,151 | 1,206 | 1,252 | 1,307 |
| Camarilla | 1,131 | 1,141 | 1,150 | 1,159 | 1,168 | 1,178 | 1,187 |
| Woodie | 1,008 | 1,052 | 1,109 | 1,153 | 1,210 | 1,254 | 1,311 |
| Fibonacci | 1,050 | 1,089 | 1,113 | 1,151 | 1,190 | 1,214 | 1,252 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 51.00 | |
| MACD (12,26,9): | 3.0000 | |
| Directional Movement: | 1 | |
| AROON (14): | 22 | |
| DEMA (21): | 1,162 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,147 | |
| Elder Ray (13): | 4 | |
| Super Trend (3,10): | 1,119 | |
| Zig ZAG (10): | 1,160 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 32.00 | |
| TEMA (21): | 1,163 | |
| Williams %R (14): | -66.00 | |
| Chande Momentum Oscillator (20): | 18 | |
| Repulse (5,40,3): | -2.0000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 2.00 |
| MA7: | 1,160 | |
| MA20: | 1,157 | |
| MA50: | 1,156 | |
| MA100: | 1,146 | |
| MAexp7: | 1,160 | |
| MAexp20: | 1,158 | |
| MAexp50: | 1,153 | |
| MAexp100: | 1,141 | |
| Price / MA7: | -0% | |
| Price / MA20: | +0.26% | |
| Price / MA50: | +0.35% | |
| Price / MA100: | +1.22% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | +0.17% | |
| Price / MAexp50: | +0.61% | |
| Price / MAexp100: | +1.67% |
This member declared not having a position on this financial instrument or a related financial instrument.
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