PRUDENTIAL ORD 5P
PRUDENTIAL ORD 5P
- GBX (-)
- 15 min delayed data - London Stock Exchange
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: PRU
ISIN: GB0007099541

PRUDENTIAL ORD 5P - Daily - Technical analysis published on 10/21/2019 (GMT)

  • Who voted?
  • 296
  • 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
  • Timeframe : Daily
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Strongly bearish
Technical indicators
33%
39%
28%
My opinion
Bearish under 1,375.0 GBX
My targets
1,335.3 GBX (-2.57%)
1,089.0 GBX (-20.54%)
My analysis
The bearish trend is currently very strong for PRUDENTIAL ORD 5P. As long as the price remains below the resistance at 1,375.0 GBX, you could try to take advantage of the bearish rally. The first bearish objective is located at 1,335.3 GBX. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1,089.0 GBX as an objective. Crossing it would then enable sellers to target 807.0 GBX. 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.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
5.9

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 PRUDENTIAL ORD 5P rating is 1,370.5 GBX. The price registered a decrease of -9.00% on the session and was between 1,316.0 GBX and 1,405.0 GBX. This implies that the price is at +4.14% from its lowest and at -2.46% from its highest.

1,316.0
1,405.0
1,370.5

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

Central Gaps

Opening Gap DOWN

Type : Bearish

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, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of PRUDENTIAL ORD 5P in Daily shows a overall strongly bearish trend. 89.29% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 5 are neutral and 7 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

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

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily


Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly


Price is back over the pivot point

Type : Bullish

Timeframe : Daily



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : Daily


Horizontal support is broken

Type : Bearish

Timeframe : Daily



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 807.0 1,089.0 1,335.3 1,370.5 1,375.0 1,447.2 1,532.3
Change (%) -41.12% -20.54% -2.57% - +0.33% +5.60% +11.81%
Change -563.5 -281.5 -35.2 - +4.5 +76.7 +161.8
Level Intermediate Major Major - Major Major Major



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
Standard1,418.51,443.01,474.51,499.01,530.51,555.01,586.5
Camarilla1,490.61,495.71,500.91,506.01,511.11,516.31,521.4
Woodie1,422.01,444.81,478.01,500.81,534.01,556.81,590.0
Fibonacci1,443.01,464.41,477.61,499.01,520.41,533.61,555.0


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,367.51,403.01,454.51,490.01,541.51,577.01,628.5
Camarilla1,482.11,490.11,498.01,506.01,514.01,522.01,529.9
Woodie1,375.51,407.01,462.51,494.01,549.51,581.01,636.5
Fibonacci1,403.01,436.21,456.81,490.01,523.21,543.81,577.0


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,180.51,264.01,369.51,453.01,558.51,642.01,747.5
Camarilla1,423.01,440.41,457.71,475.01,492.31,509.71,527.0
Woodie1,191.51,269.51,380.51,458.51,569.51,647.51,758.5
Fibonacci1,264.01,336.21,380.81,453.01,525.21,569.81,642.0

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): 40.70
MACD (12,26,9): 1.4000
Directional Movement: -11.3
AROON (14): -14.3
DEMA (21): 1,446.0
Parabolic SAR (0,02-0,02-0,2): 1,525.5
Elder Ray (13): -87.2
Super Trend (3,10): 1,353.1
Zig ZAG (10): 1,370.0
VORTEX (21): 0.9000
Stochastique (14,3,5): 66.40
TEMA (21): 1,458.6
Williams %R (14): -73.70
Chande Momentum Oscillator (20): -4.0
Repulse (5,40,3): 5.9000
ROCnROLL: 2
TRIX (15,9): 0.0000
Courbe Coppock: 2.90
MA7: 1,469.3
MA20: 1,438.2
MA50: 1,428.5
MA100: 1,540.8
MAexp7: 1,449.0
MAexp20: 1,445.8
MAexp50: 1,464.7
MAexp100: 1,502.5
Price / MA7: -6.72%
Price / MA20: -4.71%
Price / MA50: -4.06%
Price / MA100: -11.05%
Price / MAexp7: -5.42%
Price / MAexp20: -5.21%
Price / MAexp50: -6.43%
Price / MAexp100: -8.79%

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

About author

Online

Overall rating :
15083
Number of analyses :
Followers :
0
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…

Add a comment

no pic

Comments

0 comments on the analysis PRUDENTIAL ORD 5P - Daily