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.
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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 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.
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 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:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
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
S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|
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 |
---|---|---|---|---|---|---|---|
Standard | 204.63 | 206.67 | 208.33 | 210.37 | 212.03 | 214.07 | 215.73 |
Camarilla | 208.98 | 209.32 | 209.66 | 210.00 | 210.34 | 210.68 | 211.02 |
Woodie | 204.45 | 206.57 | 208.15 | 210.27 | 211.85 | 213.98 | 215.55 |
Fibonacci | 206.67 | 208.08 | 208.95 | 210.37 | 211.78 | 212.65 | 214.07 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 195.23 | 199.17 | 204.93 | 208.87 | 214.63 | 218.57 | 224.33 |
Camarilla | 208.03 | 208.92 | 209.81 | 210.70 | 211.59 | 212.48 | 213.37 |
Woodie | 196.15 | 199.62 | 205.85 | 209.32 | 215.55 | 219.02 | 225.25 |
Fibonacci | 199.17 | 202.87 | 205.16 | 208.87 | 212.57 | 214.86 | 218.57 |
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% |
News
Don"t forget to follow the news on MARKS AND SPENCER GRP. ORD 25P. At the time of publication of this analysis, the latest news was as follows:
- Access to Quality Schools Highlights Lifestyle Advantages at Spencer’s Crossing in Murrieta
- Palmetto at Spencer’s Crossing Charms Buyers With Well-Planned Designs and Tempting Options
- Spencer Ogden Announces 2018 Financial Results
- April Flourishes at Spencer’s Crossing With Snow Day, Food Trucks and Grand Opening Fun
- CarGurus Hires Spencer Scott as Senior Vice President of Advertising and Digital Marketing Solutions
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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