POLYMETAL INTERNATIONAL ORD NPV - Daily - Technical analysis published on 08/12/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
POLYMETAL INTERNATIONAL ORD NPV Chart
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 1,031.0 GBX
My targets
1,095.0 GBX (+1.86%)
1,190.0 GBX (+10.70%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on POLYMETAL INTERNATIONAL ORD NPV as long as the price remains well above 1,031.0 GBX. The buyers” bullish objective is set at 1,095.0 GBX. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1,190.0 GBX. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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.
Additional analysis
Quotes
POLYMETAL INTERNATIONAL ORD NPV rating 1,075.0 GBX. The price has increased by +1.37% since the last closing and was traded between 1,048.5 GBX and 1,077.5 GBX over the period. The price is currently at +2.53% from its lowest and -0.23% from its highest.1,048.5
1,077.5
1,075.0
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by POLYMETAL INTERNATIONAL ORD NPV:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of POLYMETAL INTERNATIONAL ORD NPV in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : Daily
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
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
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 866.9 | 894.0 | 1,031.0 | 1,075.0 | 1,095.0 | 1,190.0 |
| Change (%) | -19.36% | -16.84% | -4.09% | - | +1.86% | +10.70% |
| Change | -208.1 | -181.0 | -44.0 | - | +20.0 | +115.0 |
| Level | Intermediate | Intermediate | Major | - | Intermediate | 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 | 1,035.0 | 1,044.5 | 1,052.5 | 1,062.0 | 1,070.0 | 1,079.5 | 1,087.5 |
| Camarilla | 1,055.7 | 1,057.3 | 1,058.9 | 1,060.5 | 1,062.1 | 1,063.7 | 1,065.3 |
| Woodie | 1,034.3 | 1,044.1 | 1,051.8 | 1,061.6 | 1,069.3 | 1,079.1 | 1,086.8 |
| Fibonacci | 1,044.5 | 1,051.2 | 1,055.3 | 1,062.0 | 1,068.7 | 1,072.8 | 1,079.5 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 915.7 | 949.0 | 1,004.8 | 1,038.1 | 1,093.9 | 1,127.2 | 1,183.0 |
| Camarilla | 1,036.0 | 1,044.2 | 1,052.3 | 1,060.5 | 1,068.7 | 1,076.8 | 1,085.0 |
| Woodie | 926.9 | 954.6 | 1,016.0 | 1,043.7 | 1,105.1 | 1,132.8 | 1,194.2 |
| Fibonacci | 949.0 | 983.1 | 1,004.1 | 1,038.1 | 1,072.2 | 1,093.2 | 1,127.2 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 863.4 | 908.0 | 951.8 | 996.4 | 1,040.2 | 1,084.8 | 1,128.6 |
| Camarilla | 971.3 | 979.4 | 987.5 | 995.6 | 1,003.7 | 1,011.8 | 1,019.9 |
| Woodie | 863.0 | 907.8 | 951.4 | 996.2 | 1,039.8 | 1,084.6 | 1,128.2 |
| Fibonacci | 908.0 | 941.8 | 962.6 | 996.4 | 1,030.2 | 1,051.0 | 1,084.8 |
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): | 75.10 | |
| MACD (12,26,9): | 22.9000 | |
| Directional Movement: | 19.4 | |
| AROON (14): | 50.0 | |
| DEMA (21): | 1,043.8 | |
| Parabolic SAR (0,02-0,02-0,2): | 982.2 | |
| Elder Ray (13): | 35.3 | |
| Super Trend (3,10): | 993.9 | |
| Zig ZAG (10): | 1,076.0 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 93.80 | |
| TEMA (21): | 1,046.4 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 69.5 | |
| Repulse (5,40,3): | 3.5000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2000 | |
| Courbe Coppock: | 8.50 |
| MA7: | 1,034.3 | |
| MA20: | 1,009.5 | |
| MA50: | 971.3 | |
| MA100: | 897.2 | |
| MAexp7: | 1,042.5 | |
| MAexp20: | 1,014.8 | |
| MAexp50: | 971.8 | |
| MAexp100: | 923.4 | |
| Price / MA7: | +3.94% | |
| Price / MA20: | +6.49% | |
| Price / MA50: | +10.68% | |
| Price / MA100: | +19.82% | |
| Price / MAexp7: | +3.12% | |
| Price / MAexp20: | +5.93% | |
| Price / MAexp50: | +10.62% | |
| Price / MAexp100: | +16.42% |
News
The last news published on POLYMETAL INTERNATIONAL ORD NPV at the time of the generation of this analysis was as follows:
- Polymetal: TR-1 Notification (Fodina)
- Polymetal: Total Voting Rights as at 31 July 2019
- Polymetal: Polymetal exchanges its Chaarat convertible notes into equity
- Polymetal: Issuance of new shares
- Polymetal: Q2 2019 production results
This member declared not having a position on this financial instrument or a related financial instrument.
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