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OCADO GRP. ORD 2P
OCADO GRP. ORD 2P
- GBX (-)
- 15 min delayed data - London Stock Exchange
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: OCDO
ISIN: GB00B3MBS747

OCADO GRP. ORD 2P - Daily - Technical analysis published on 12/01/2019 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Bullish
De fond: Bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 1,322.5 GBX
My targets
1,367.2 GBX (+3.18%)
1,435.0 GBX (+8.30%)
My analysis
A bullish trend on OCADO GRP. ORD 2P both in substance and in the short term. A purchase could be considered as long as the price remains above 1,322.5 GBX. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 1,367.2 GBX. Then the price could move towards 1,435.0 GBX. Be careful, a return below 1,322.5 GBX would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.

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
5.7

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.

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

Additional analysis

Quotes

The OCADO GRP. ORD 2P rating is 1,325.0 GBX. The price has increased by +9.69% since the last closing and was between 1,305.0 GBX and 1,393.0 GBX. This implies that the price is at +1.53% from its lowest and at -4.88% from its highest.

1,305.0
1,393.0
1,325.0

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Central Gaps

Opening Gap UP

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 HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of OCADO GRP. ORD 2P indicates that the overall trend is bullish. 71.43% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily



In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

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 3

Type : Neutral

Timeframe : Daily


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily



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

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : Daily



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 1,146.0 1,250.1 1,322.5 1,325.0 1,367.2 1,435.0
Change (%) -13.51% -5.65% -0.19% - +3.18% +8.30%
Change -179.0 -74.9 -2.5 - +42.2 +110.0
Level Major Intermediate Major - Intermediate 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
Standard1,120.51,138.01,173.01,190.51,225.51,243.01,278.0
Camarilla1,193.61,198.41,203.21,208.01,212.81,217.61,222.4
Woodie1,129.31,142.41,181.81,194.91,234.31,247.41,286.8
Fibonacci1,138.01,158.11,170.51,190.51,210.61,223.01,243.0


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,027.31,073.21,099.81,145.71,172.31,218.21,244.8
Camarilla1,106.61,113.21,119.91,126.51,133.21,139.81,146.4
Woodie1,017.81,068.41,090.31,140.91,162.81,213.41,235.3
Fibonacci1,073.21,100.91,118.01,145.71,173.41,190.51,218.2


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,091.21,164.31,246.71,319.81,402.21,475.31,557.7
Camarilla1,286.21,300.51,314.81,329.01,343.31,357.51,371.8
Woodie1,095.81,166.61,251.31,322.11,406.81,477.61,562.3
Fibonacci1,164.31,223.71,260.41,319.81,379.21,415.91,475.3

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): 63.70
MACD (12,26,9): -19.2000
Directional Movement: 22.0
AROON (14): 85.7
DEMA (21): 1,174.1
Parabolic SAR (0,02-0,02-0,2): 1,057.1
Elder Ray (13): 151.8
Super Trend (3,10): 1,182.6
Zig ZAG (10): 1,325.0
VORTEX (21): 0.9000
Stochastique (14,3,5): 76.60
TEMA (21): 1,176.1
Williams %R (14): -20.10
Chande Momentum Oscillator (20): 191.5
Repulse (5,40,3): 2.4000
ROCnROLL: 1
TRIX (15,9): -0.4000
Courbe Coppock: 3.10
MA7: 1,182.9
MA20: 1,194.9
MA50: 1,267.3
MA100: 1,254.3
MAexp7: 1,207.9
MAexp20: 1,206.2
MAexp50: 1,240.5
MAexp100: 1,242.1
Price / MA7: +12.01%
Price / MA20: +10.89%
Price / MA50: +4.55%
Price / MA100: +5.64%
Price / MAexp7: +9.69%
Price / MAexp20: +9.85%
Price / MAexp50: +6.81%
Price / MAexp100: +6.67%

News


The last news published on OCADO GRP. ORD 2P at the time of the generation of this analysis was as follows:

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

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