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HIKMA PHARMACEUTICALS ORD SHS 10P
HIKMA PHARMACEUTICALS ORD SHS 10P
- GBX (-)
- 15 min delayed data - London Stock Exchange
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: HIK
ISIN: GB00B0LCW083

HIKMA PHARMACEUTICALS ORD SHS 10P - Daily - Technical analysis published on 10/23/2019 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Neutral
Technical indicators
11%
67%
22%
My opinion
Bearish under 2,025.0 GBX
My targets
1,911.0 GBX (-2.30%)
1,836.3 GBX (-6.12%)
My analysis
The current short-term bearish acceleration registered on HIKMA PHARMACEUTICALS ORD SHS 10P should quickly allow the basic trend to return to a bearish trend. To avoid contradicting the short term, traders could favour short positions (for sale) as long as the price remains well below 2,025.0 GBX. Short-term sellers will use the support located at 1,911.0 GBX as an objective. A bearish break of this support would revive the bearish momentum. The next bearish objective would then be set at 1,836.3 GBX. Crossing this support would then open the door for sellers to target 1,768.5 GBX. Caution, if there is a return to below 2,025.0 GBX, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend buyers, many of whom will certainly benefit from this movement.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
FORCE
0
10
2.9

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.

Vincent Launay
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The HIKMA PHARMACEUTICALS ORD SHS 10P rating is 1,956.0 GBX. The price registered a decrease of -0.46% on the session and was traded between 1,949.0 GBX and 1,991.0 GBX over the period. The price is currently at +0.36% from its lowest and -1.76% from its highest.

1,949.0
1,991.0
1,956.0

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of HIKMA PHARMACEUTICALS ORD SHS 10P in Daily shows a neutral overall trend. The trend could quickly turn bearish due to the strong bearish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 50

Type : Bearish

Timeframe : Daily


Moving Average bearish crossovers : AMA20 & AMA50

Type : Bearish

Timeframe : Daily



An assessment of technical indicators shows a bearish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Support of channel is broken

Type : Bearish

Timeframe : Daily



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1,768.5 1,836.3 1,911.0 1,956.0 2,025.0 2,200.0 2,297.0
Change (%) -9.59% -6.12% -2.30% - +3.53% +12.47% +17.43%
Change -187.5 -119.7 -45.0 - +69.0 +244.0 +341.0
Level Major Major Minor - Major Major Intermediate



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,913.51,929.01,947.01,962.51,980.51,996.02,014.0
Camarilla1,955.81,958.91,961.91,965.01,968.11,971.11,974.2
Woodie1,914.81,929.61,948.31,963.11,981.81,996.62,015.3
Fibonacci1,929.01,941.81,949.71,962.51,975.31,983.21,996.0


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,908.81,947.71,970.32,009.22,031.82,070.72,093.3
Camarilla1,976.11,981.71,987.41,993.01,998.62,004.32,009.9
Woodie1,900.81,943.61,962.32,005.12,023.82,066.62,085.3
Fibonacci1,947.71,971.21,985.72,009.22,032.72,047.22,070.7


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,647.31,762.71,981.32,096.72,315.32,430.72,649.3
Camarilla2,108.22,138.82,169.42,200.02,230.62,261.22,291.9
Woodie1,699.01,788.52,033.02,122.52,367.02,456.52,701.0
Fibonacci1,762.71,890.31,969.12,096.72,224.32,303.12,430.7

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): 36.40
MACD (12,26,9): -18.0000
Directional Movement: -8.1
AROON (14): -71.5
DEMA (21): 2,007.6
Parabolic SAR (0,02-0,02-0,2): 2,055.4
Elder Ray (13): -39.1
Super Trend (3,10): 2,089.7
Zig ZAG (10): 1,962.0
VORTEX (21): 0.8000
Stochastique (14,3,5): 9.30
TEMA (21): 1,969.6
Williams %R (14): -88.90
Chande Momentum Oscillator (20): -129.5
Repulse (5,40,3): -2.0000
ROCnROLL: 2
TRIX (15,9): 0.0000
Courbe Coppock: 12.00
MA7: 1,986.9
MA20: 2,056.6
MA50: 2,031.1
MA100: 1,901.9
MAexp7: 1,986.1
MAexp20: 2,021.2
MAexp50: 2,001.6
MAexp100: 1,933.6
Price / MA7: -1.56%
Price / MA20: -4.89%
Price / MA50: -3.70%
Price / MA100: +2.84%
Price / MAexp7: -1.52%
Price / MAexp20: -3.23%
Price / MAexp50: -2.28%
Price / MAexp100: +1.16%

News


The latest news and videos published on HIKMA PHARMACEUTICALS ORD SHS 10P 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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