SOPHOS GRP. ORD 3P - Daily - Technical analysis published on 07/03/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
SOPHOS GRP. ORD 3P Chart
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 393.0 GBX
My targets
424.0 GBX (+0.24%)
465.0 GBX (+9.93%)
My analysis
The bullish trend is currently very strong on SOPHOS GRP. ORD 3P. As long as the price remains above the support at 393.0 GBX, you could try to benefit from the boom. The first bullish objective is located at 424.0 GBX. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 465.0 GBX as an objective. Crossing it would then enable buyers to target 490.5 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.
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.
Additional analysis
Quotes
The SOPHOS GRP. ORD 3P price is 423.0 GBX. The price registered an increase of +8.13% on the session and was between 404.5 GBX and 445.6 GBX. This implies that the price is at +4.57% from its lowest and at -5.07% from its highest.404.5
445.6
423.0
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by SOPHOS GRP. ORD 3P:
Technical
Technical analysis of SOPHOS GRP. ORD 3P in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
Williams %R indicator is back over -50
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:
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 348.4 | 373.3 | 393.0 | 423.0 | 424.0 | 465.0 | 490.5 |
| Change (%) | -17.64% | -11.75% | -7.09% | - | +0.24% | +9.93% | +15.96% |
| Change | -74.6 | -49.7 | -30.0 | - | +1.0 | +42.0 | +67.5 |
| Level | Minor | Major | Intermediate | - | Major | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 373.6 | 380.3 | 385.7 | 392.4 | 397.8 | 404.5 | 409.9 |
| Camarilla | 387.9 | 389.0 | 390.1 | 391.2 | 392.3 | 393.4 | 394.5 |
| Woodie | 373.0 | 380.0 | 385.1 | 392.1 | 397.2 | 404.2 | 409.4 |
| Fibonacci | 380.3 | 384.9 | 387.7 | 392.4 | 397.0 | 399.8 | 404.5 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 356.7 | 365.8 | 380.3 | 389.4 | 403.9 | 413.0 | 427.5 |
| Camarilla | 388.2 | 390.4 | 392.5 | 394.7 | 396.9 | 399.0 | 401.2 |
| Woodie | 359.3 | 367.1 | 382.9 | 390.8 | 406.5 | 414.4 | 430.1 |
| Fibonacci | 365.8 | 374.8 | 380.4 | 389.4 | 398.4 | 404.0 | 413.0 |
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): | 66.30 | |
| MACD (12,26,9): | 3.7000 | |
| Directional Movement: | 26.5 | |
| AROON (14): | 57.1 | |
| DEMA (21): | 396.3 | |
| Parabolic SAR (0,02-0,02-0,2): | 374.1 | |
| Elder Ray (13): | 32.0 | |
| Super Trend (3,10): | 376.7 | |
| Zig ZAG (10): | 423.0 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 60.70 | |
| TEMA (21): | 393.7 | |
| Williams %R (14): | -30.40 | |
| Chande Momentum Oscillator (20): | 41.9 | |
| Repulse (5,40,3): | 0.3000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1000 | |
| Courbe Coppock: | 0.30 |
| MA7: | 392.8 | |
| MA20: | 390.4 | |
| MA50: | 381.4 | |
| MA100: | 356.1 | |
| MAexp7: | 396.1 | |
| MAexp20: | 391.4 | |
| MAexp50: | 380.8 | |
| MAexp100: | 373.3 | |
| Price / MA7: | +7.69% | |
| Price / MA20: | +8.35% | |
| Price / MA50: | +10.91% | |
| Price / MA100: | +18.79% | |
| Price / MAexp7: | +6.79% | |
| Price / MAexp20: | +8.07% | |
| Price / MAexp50: | +11.08% | |
| Price / MAexp100: | +13.31% |
News
The last news published on SOPHOS GRP. ORD 3P at the time of the generation of this analysis was as follows:
- Media Alert: Sophos Advances Cloud Security Leadership at AWS re:Inforce
- Sophos Acquires Rook Security to Provide Managed Detection and Response
- UPDATE - Sophos Boosts Intercept X for Server with Endpoint Detection and Response to Help Businesses of all Sizes Battle New Blended Cyberattacks
- Sophos Boosts Intercept X for Server with Endpoint Detection and Response to Help Businesses of all Sizes Battle New Blended Cyberattacks
- 11 Sophos Executives Worldwide Recognized as 2019 Women of the Channel by CRN
This member declared not having a position on this financial instrument or a related financial instrument.
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