MARKS AND SPENCER GRP. ORD 1P
MARKS AND SPENCER GRP. ORD 1P
- GBX (-)
- 15 min delayed data - London Stock Exchange
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: MKS
ISIN: GB0031274896

MARKS AND SPENCER GRP. ORD 1P - Daily - Technical analysis published on 07/03/2019 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Strongly bearish
Technical indicators
50%
17%
33%
My opinion
Bearish under 242.40 GBX
My targets
200.00 GBX (-6.54%)
My analysis
The bearish trend is currently very strong for MARKS AND SPENCER GRP. ORD 25P. As long as the price remains below the resistance at 242.40 GBX, you could try to take advantage of the bearish rally. The first bearish objective is located at 200.00 GBX. The bearish momentum would be revived by a break in this support. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The MARKS AND SPENCER GRP. ORD 25P rating is 214.00 GBX. The price has increased by +1.91% since the last closing and was between 209.90 GBX and 214.80 GBX. This implies that the price is at +1.95% from its lowest and at -0.37% from its highest.

209.90
214.80
214.00

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



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of MARKS AND SPENCER GRP. ORD 25P indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, only 9 technical indicators out of 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Daily


Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S1
R1
R2
R3
Price


S1PriceR1R2R3
ProTrendLines 200.00 214.00 242.40 265.32 289.90
Change (%) -6.54% - +13.27% +23.98% +35.47%
Change -14.00 - +28.40 +51.32 +75.90
Level Major - Minor Minor 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
Standard204.63206.67208.33210.37212.03214.07215.73
Camarilla208.98209.32209.66210.00210.34210.68211.02
Woodie204.45206.57208.15210.27211.85213.98215.55
Fibonacci206.67208.08208.95210.37211.78212.65214.07


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard195.23199.17204.93208.87214.63218.57224.33
Camarilla208.03208.92209.81210.70211.59212.48213.37
Woodie196.15199.62205.85209.32215.55219.02225.25
Fibonacci199.17202.87205.16208.87212.57214.86218.57

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): 40.63
MACD (12,26,9): -7.7600
Directional Movement: -12.73
AROON (14): -35.71
DEMA (21): 204.80
Parabolic SAR (0,02-0,02-0,2): 203.10
Elder Ray (13): -0.20
Super Trend (3,10): 225.20
Zig ZAG (10): 213.90
VORTEX (21): 0.8600
Stochastique (14,3,5): 39.97
TEMA (21): 206.25
Williams %R (14): -48.34
Chande Momentum Oscillator (20): -4.70
Repulse (5,40,3): 1.6800
ROCnROLL: -1
TRIX (15,9): -0.6100
Courbe Coppock: 9.24
MA7: 209.60
MA20: 214.01
MA50: 239.33
MA100: 255.22
MAexp7: 211.06
MAexp20: 216.24
MAexp50: 232.50
MAexp100: 246.97
Price / MA7: +2.10%
Price / MA20: -0.00%
Price / MA50: -10.58%
Price / MA100: -16.15%
Price / MAexp7: +1.39%
Price / MAexp20: -1.04%
Price / MAexp50: -7.96%
Price / MAexp100: -13.35%

This member declared not having a position on this financial instrument or a related financial instrument.

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