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RECKITT BENCKISER GRP. ORD 10P
RECKITT BENCKISER GRP. ORD 10P
- GBX (-)
- 15 min delayed data - London Stock Exchange
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: RKT
ISIN: GB00B24CGK77

RECKITT BENCKISER GRP. ORD 10P - Daily - Technical analysis published on 10/04/2019 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Bearish
Technical indicators
11%
61%
28%
My opinion
Bearish under 6,220 GBX
My targets
6,080 GBX (-1.92%)
5,930 GBX (-4.34%)
My analysis
RECKITT BENCKISER GRP. ORD 10P is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 6,220 GBX. The next support located at 6,080 GBX is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 5,930 GBX. Below this support, sellers could then target 5,812 GBX.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
FORCE
0
10
4.8

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.

Vincent Launay
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 RECKITT BENCKISER GRP. ORD 10P rating is 6,199 GBX. On the day, this instrument gained +1.67% and was between 6,124 GBX and 6,220 GBX. This implies that the price is at +1.22% from its lowest and at -0.34% from its highest.

6,124
6,220
6,199

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by RECKITT BENCKISER GRP. ORD 10P:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of RECKITT BENCKISER GRP. ORD 10P indicates that the overall trend is bearish. 64.29% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

Technical indicators are bearish. There is still some doubt about the decline in the price.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


Williams %R indicator is oversold : under -80

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 2

Type : Neutral

Timeframe : Daily


Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


MACD indicator is back under 0

Type : Bearish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Horizontal support is broken

Type : Bearish

Timeframe : Daily



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 5,812 5,930 6,080 6,199 6,220 6,466 6,688
Change (%) -6.24% -4.34% -1.92% - +0.34% +4.31% +7.89%
Change -387 -269 -119 - +21 +267 +489
Level Intermediate Intermediate Minor - Intermediate Major Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard5,9305,9686,0336,0716,1366,1746,239
Camarilla6,0696,0786,0886,0976,1066,1166,125
Woodie5,9435,9756,0466,0786,1496,1816,252
Fibonacci5,9686,0086,0326,0716,1116,1356,174


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard5,8256,0376,3216,5336,8177,0297,313
Camarilla6,4706,5156,5616,6066,6526,6976,742
Woodie5,8626,0556,3586,5516,8547,0477,350
Fibonacci6,0376,2266,3436,5336,7226,8397,029


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard5,5745,8886,1166,4306,6586,9727,200
Camarilla6,1956,2456,2946,3446,3946,4436,493
Woodie5,5315,8676,0736,4096,6156,9517,157
Fibonacci5,8886,0956,2236,4306,6376,7656,972

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 45.00
MACD (12,26,9): -19.0000
Directional Movement: -7
AROON (14): -29
DEMA (21): 6,285
Parabolic SAR (0,02-0,02-0,2): 6,663
Elder Ray (13): -119
Super Trend (3,10): 6,516
Zig ZAG (10): 6,191
VORTEX (21): 1.0000
Stochastique (14,3,5): 13.00
TEMA (21): 6,247
Williams %R (14): -76.00
Chande Momentum Oscillator (20): -100
Repulse (5,40,3): -1.0000
ROCnROLL: 2
TRIX (15,9): 0.0000
Courbe Coppock: 2.00
MA7: 6,307
MA20: 6,318
MA50: 6,245
MA100: 6,293
MAexp7: 6,238
MAexp20: 6,295
MAexp50: 6,287
MAexp100: 6,256
Price / MA7: -1.71%
Price / MA20: -1.88%
Price / MA50: -0.74%
Price / MA100: -1.49%
Price / MAexp7: -0.63%
Price / MAexp20: -1.53%
Price / MAexp50: -1.40%
Price / MAexp100: -0.91%

News


The last news published on RECKITT BENCKISER GRP. ORD 10P 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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