MCCARTHY & STONE ORD 8P - Daily - Technical analysis published on 02/14/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
MCCARTHY & STONE ORD 8P Chart
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 145.3 GBX
My targets
169.7 GBX (+8.20%)
180.1 GBX (+14.86%)
My analysis
MCCARTHY & STONE ORD 8P is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 145.3 GBX. The next resistance located at 169.7 GBX is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 180.1 GBX. After this resistance, buyers could then target 196.8 GBX. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
8.2
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This analysis was given by Vincent Launay.
Additional analysis
Quotes
The MCCARTHY & STONE ORD 8P price is 156.8 GBX. The price registered an increase of +0.13% on the session with the lowest point at 154.1 GBX and the highest point at 156.9 GBX. The deviation from the price is +1.75% for the low point and -0.06% for the high point.154.1
156.9
156.8
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
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 HIGH record (1 year)
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 MCCARTHY & STONE ORD 8P in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 13 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near horizontal support
Type : Bullish
Timeframe : Daily
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 | 142.4 | 145.3 | 156.3 | 156.8 | 158.8 | 196.8 | 209.5 |
| Change (%) | -9.18% | -7.33% | -0.32% | - | +1.28% | +25.51% | +33.61% |
| Change | -14.4 | -11.5 | -0.5 | - | +2.0 | +40.0 | +52.7 |
| Level | Major | Major | Major | - | Major | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 146.4 | 148.2 | 150.6 | 152.4 | 154.8 | 156.6 | 159.0 |
| Camarilla | 151.8 | 152.2 | 152.6 | 153.0 | 153.4 | 153.8 | 154.2 |
| Woodie | 146.7 | 148.4 | 150.9 | 152.6 | 155.1 | 156.8 | 159.3 |
| Fibonacci | 148.2 | 149.8 | 150.8 | 152.4 | 154.0 | 155.0 | 156.6 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 127.2 | 135.9 | 141.7 | 150.4 | 156.2 | 164.9 | 170.7 |
| Camarilla | 143.4 | 144.7 | 146.1 | 147.4 | 148.7 | 150.1 | 151.4 |
| Woodie | 125.7 | 135.2 | 140.2 | 149.7 | 154.7 | 164.2 | 169.2 |
| Fibonacci | 135.9 | 141.5 | 144.9 | 150.4 | 156.0 | 159.4 | 164.9 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 115.4 | 126.5 | 137.0 | 148.1 | 158.5 | 169.7 | 180.1 |
| Camarilla | 141.5 | 143.4 | 145.4 | 147.4 | 149.4 | 151.4 | 153.3 |
| Woodie | 115.0 | 126.3 | 136.6 | 147.9 | 158.2 | 169.5 | 179.8 |
| Fibonacci | 126.5 | 134.7 | 139.8 | 148.1 | 156.3 | 161.4 | 169.7 |
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): | 58.30 | |
| MACD (12,26,9): | 1.5000 | |
| Directional Movement: | 5.8 | |
| AROON (14): | -35.7 | |
| DEMA (21): | 151.3 | |
| Parabolic SAR (0,02-0,02-0,2): | 157.4 | |
| Elder Ray (13): | 2.5 | |
| Super Trend (3,10): | 140.3 | |
| Zig ZAG (10): | 152.7 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 58.10 | |
| TEMA (21): | 151.8 | |
| Williams %R (14): | -40.60 | |
| Chande Momentum Oscillator (20): | -3.6 | |
| Repulse (5,40,3): | 1.7000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1000 | |
| Courbe Coppock: | 3.20 |
| MA7: | 150.2 | |
| MA20: | 149.5 | |
| MA50: | 146.5 | |
| MA100: | 145.7 | |
| MAexp7: | 151.1 | |
| MAexp20: | 149.4 | |
| MAexp50: | 147.2 | |
| MAexp100: | 145.0 | |
| Price / MA7: | +4.39% | |
| Price / MA20: | +4.88% | |
| Price / MA50: | +7.03% | |
| Price / MA100: | +7.62% | |
| Price / MAexp7: | +3.77% | |
| Price / MAexp20: | +4.95% | |
| Price / MAexp50: | +6.52% | |
| Price / MAexp100: | +8.14% |
This member declared not having a position on this financial instrument or a related financial instrument.
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