TP ICAP GRP. ORD 25P - Daily - Technical analysis published on 01/22/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
22%
33%
44%
My opinion
Bullish above 368.8 GBX
My targets
416.9 GBX (+4.04%)
428.4 GBX (+6.91%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the support located at 368.8 GBX remains possible. It is advisable to trade TP ICAP ORD 25P with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 368.8 GBX. The next bullish objective for buyers is set at 416.9 GBX. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 428.4 GBX. If there is any crossing, the next objective would be the resistance located at 493.3 GBX. PS: if there is a bearish break in the support located at 368.8 GBX we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
FORCE
0
10
2.1
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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 TP ICAP ORD 25P rating is 400.7 GBX. The price is lower by -0.57% since the last closing with the lowest point at 398.7 GBX and the highest point at 402.5 GBX. The deviation from the price is +0.50% for the low point and -0.45% for the high point.398.7
402.5
400.7
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
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:
Technical
Technical analysis of this Daily chart of TP ICAP ORD 25P indicates that the overall trend is bullish. The signals given by moving averages are 71.43% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
MACD indicator: bullish divergence
Type : Bullish
Timeframe : Daily
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 322.3 | 368.8 | 395.3 | 400.7 | 416.9 | 428.4 | 493.3 |
| Change (%) | -19.57% | -7.96% | -1.35% | - | +4.04% | +6.91% | +23.11% |
| Change | -78.4 | -31.9 | -5.4 | - | +16.2 | +27.7 | +92.6 |
| Level | Minor | Intermediate | Major | - | Intermediate | Major | Intermediate |
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 | 393.9 | 396.8 | 400.4 | 403.3 | 406.9 | 409.8 | 413.4 |
| Camarilla | 402.1 | 402.7 | 403.3 | 403.9 | 404.5 | 405.1 | 405.7 |
| Woodie | 394.2 | 397.0 | 400.7 | 403.5 | 407.2 | 410.0 | 413.7 |
| Fibonacci | 396.8 | 399.3 | 400.9 | 403.3 | 405.8 | 407.4 | 409.8 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 382.9 | 391.9 | 397.8 | 406.8 | 412.7 | 421.7 | 427.6 |
| Camarilla | 399.6 | 401.0 | 402.3 | 403.7 | 405.1 | 406.4 | 407.8 |
| Woodie | 381.4 | 391.1 | 396.3 | 406.0 | 411.2 | 420.9 | 426.1 |
| Fibonacci | 391.9 | 397.6 | 401.1 | 406.8 | 412.5 | 416.0 | 421.7 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 341.0 | 360.9 | 385.2 | 405.1 | 429.4 | 449.3 | 473.6 |
| Camarilla | 397.3 | 401.4 | 405.5 | 409.5 | 413.6 | 417.6 | 421.7 |
| Woodie | 343.2 | 362.0 | 387.4 | 406.2 | 431.6 | 450.4 | 475.8 |
| Fibonacci | 360.9 | 377.8 | 388.2 | 405.1 | 422.0 | 432.4 | 449.3 |
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): | 50.70 | |
| MACD (12,26,9): | 2.2000 | |
| Directional Movement: | 1.9 | |
| AROON (14): | -71.4 | |
| DEMA (21): | 409.0 | |
| Parabolic SAR (0,02-0,02-0,2): | 397.4 | |
| Elder Ray (13): | -1.8 | |
| Super Trend (3,10): | 387.9 | |
| Zig ZAG (10): | 403.0 | |
| VORTEX (21): | 0.9000 | |
| Stochastique (14,3,5): | 20.80 | |
| TEMA (21): | 403.3 | |
| Williams %R (14): | -75.80 | |
| Chande Momentum Oscillator (20): | -14.5 | |
| Repulse (5,40,3): | -1.1000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.2000 | |
| Courbe Coppock: | 4.20 |
| MA7: | 403.2 | |
| MA20: | 408.2 | |
| MA50: | 393.8 | |
| MA100: | 362.9 | |
| MAexp7: | 403.9 | |
| MAexp20: | 404.4 | |
| MAexp50: | 391.5 | |
| MAexp100: | 369.4 | |
| Price / MA7: | -0.62% | |
| Price / MA20: | -1.84% | |
| Price / MA50: | +1.75% | |
| Price / MA100: | +10.42% | |
| Price / MAexp7: | -0.79% | |
| Price / MAexp20: | -0.91% | |
| Price / MAexp50: | +2.35% | |
| Price / MAexp100: | +8.47% |
This member declared not having a position on this financial instrument or a related financial instrument.
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