LONDON STOCK EXCHANGE GRP. SHS 6 79/86P - Daily - Technical analysis published on 07/11/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
44%
11%
44%
My opinion
Bullish above 7,478 GBX
My targets
7,753 GBX (+1.85%)
8,013 GBX (+5.27%)
My analysis
LONDON STOCK EXCHANGE GRP. SHS 6 79/86P 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 7,478 GBX. The next resistance located at 7,753 GBX is the next bullish target 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 8,013 GBX. After this resistance, buyers could then target 8,305 GBX.
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
5.4
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Additional analysis
Quotes
The LONDON STOCK EXCHANGE GRP. SHS 6 79/86P price is 7,612 GBX. On the day, this instrument gained +0.40% and was between 7,542 GBX and 7,692 GBX. This implies that the price is at +0.93% from its lowest and at -1.04% from its highest.7,542
7,692
7,612
The Central Gaps scanner detects a bullish opening. A small advantage for buyers 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 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of LONDON STOCK EXCHANGE GRP. SHS 6 79/86P in Daily shows an overall bullish trend. 75.00% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
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 | 7,096 | 7,266 | 7,478 | 7,612 | 7,753 | 8,013 | 8,305 |
| Change (%) | -6.78% | -4.55% | -1.76% | - | +1.85% | +5.27% | +9.10% |
| Change | -516 | -346 | -134 | - | +141 | +401 | +693 |
| Level | Minor | Major | Major | - | Major | Minor | Major |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 7,389 | 7,465 | 7,539 | 7,615 | 7,689 | 7,765 | 7,839 |
| Camarilla | 7,571 | 7,585 | 7,598 | 7,612 | 7,626 | 7,640 | 7,653 |
| Woodie | 7,387 | 7,465 | 7,537 | 7,615 | 7,687 | 7,765 | 7,837 |
| Fibonacci | 7,465 | 7,523 | 7,558 | 7,615 | 7,673 | 7,708 | 7,765 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7,114 | 7,272 | 7,442 | 7,600 | 7,770 | 7,928 | 8,098 |
| Camarilla | 7,522 | 7,552 | 7,582 | 7,612 | 7,642 | 7,672 | 7,702 |
| Woodie | 7,120 | 7,275 | 7,448 | 7,603 | 7,776 | 7,931 | 8,104 |
| Fibonacci | 7,272 | 7,397 | 7,475 | 7,600 | 7,725 | 7,803 | 7,928 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5,829 | 6,269 | 6,951 | 7,391 | 8,073 | 8,513 | 9,195 |
| Camarilla | 7,323 | 7,426 | 7,529 | 7,632 | 7,735 | 7,838 | 7,941 |
| Woodie | 5,949 | 6,330 | 7,071 | 7,452 | 8,193 | 8,574 | 9,315 |
| Fibonacci | 6,269 | 6,698 | 6,963 | 7,391 | 7,820 | 8,085 | 8,513 |
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): | 54.00 | |
| MACD (12,26,9): | 88.0000 | |
| Directional Movement: | 2 | |
| AROON (14): | 43 | |
| DEMA (21): | 7,567 | |
| Parabolic SAR (0,02-0,02-0,2): | 7,377 | |
| Elder Ray (13): | 121 | |
| Super Trend (3,10): | 7,136 | |
| Zig ZAG (10): | 7,582 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 68.00 | |
| TEMA (21): | 7,678 | |
| Williams %R (14): | -29.00 | |
| Chande Momentum Oscillator (20): | 416 | |
| Repulse (5,40,3): | -2.0000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 15.00 |
| MA7: | 7,611 | |
| MA20: | 7,373 | |
| MA50: | 7,379 | |
| MA100: | 7,420 | |
| MAexp7: | 7,585 | |
| MAexp20: | 7,473 | |
| MAexp50: | 7,431 | |
| MAexp100: | 7,412 | |
| Price / MA7: | +0.01% | |
| Price / MA20: | +3.24% | |
| Price / MA50: | +3.16% | |
| Price / MA100: | +2.59% | |
| Price / MAexp7: | +0.36% | |
| Price / MAexp20: | +1.86% | |
| Price / MAexp50: | +2.44% | |
| Price / MAexp100: | +2.70% |
Quotes :
-
End-of-day data
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London Stock Exchange
News
The last news published on LONDON STOCK EXCHANGE GRP. SHS 6 79/86P at the time of the generation of this analysis was as follows:
- Form 8.3 - The Vanguard Group, Inc.: London Stock Exchange Group plc
- Form 8.3 - The Vanguard Group, Inc.: London Stock Exchange Group plc
- Form 8.3 - The Vanguard Group, Inc.: London Stock Exchange Group plc
- Form 8.3 - The Vanguard Group, Inc.: London Stock Exchange Group plc
- Form 8.3 - The Vanguard Group, Inc.: London Stock Exchange Group plc
This member declared not having a position on this financial instrument or a related financial instrument.
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