RENTOKIL INITIAL ORD 1P

- GBX (-)

- 15 min delayed data - London Stock Exchange

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	RTO
ISIN:	GB00B082RF11

RENTOKIL INITIAL ORD 1P - Daily - Technical analysis published on 06/25/2019 (GMT)

Who voted?
326
0

Timeframe : Daily
- Analysis generated on
Status : WITHOUT TARGET

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

72%

22%

My opinion

Bullish above 391.1 GBX

My targets

My analysis

RENTOKIL INITIAL ORD 1P is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 391.1 GBX. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Comment on the analysis

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:

Additional analysis

Quotes

The RENTOKIL INITIAL ORD 1P rating is 399.1 GBX. The price registered a decrease of -0.57% on the session and was between 397.5 GBX and 403.4 GBX. This implies that the price is at +0.40% from its lowest and at -1.07% from its highest.

397.5

403.4

399.1

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.

Opening Gap UP

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by RENTOKIL INITIAL ORD 1P:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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 RENTOKIL INITIAL ORD 1P 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 13 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

The analysis of the price chart with Central Patterns scanners does not return any result.

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

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	355.1	370.3	391.1	399.1
Change (%)	-11.02%	-7.22%	-2.00%	-
Change	-44.0	-28.8	-8.0	-
Level	Major	Major	Major	-

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	388.4	391.5	396.5	399.6	404.6	407.7	412.7
Camarilla	399.2	399.9	400.7	401.4	402.1	402.9	403.6
Woodie	389.2	392.0	397.4	400.1	405.5	408.2	413.5
Fibonacci	391.5	394.6	396.5	399.6	402.7	404.6	407.7

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	376.4	382.5	388.4	394.5	400.4	406.5	412.4
Camarilla	390.9	392.0	393.1	394.2	395.3	396.4	397.5
Woodie	376.2	382.5	388.2	394.5	400.2	406.5	412.2
Fibonacci	382.5	387.1	389.9	394.5	399.1	401.9	406.5

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):	62.80
MACD (12,26,9):	5.4000
Directional Movement:	12.6
AROON (14):	100.0
DEMA (21):	395.1
Parabolic SAR (0,02-0,02-0,2):	389.9
Elder Ray (13):	8.8
Super Trend (3,10):	379.8
Zig ZAG (10):	400.2
VORTEX (21):	1.1000
Stochastique (14,3,5):	88.90
TEMA (21):	397.5
Williams %R (14):	-10.70
Chande Momentum Oscillator (20):	21.5
Repulse (5,40,3):	0.3000
ROCnROLL:	1
TRIX (15,9):	0.1000
Courbe Coppock:	11.00

MA7:	396.1
MA20:	384.6
MA50:	382.8
MA100:	365.2
MAexp7:	395.8
MAexp20:	388.6
MAexp50:	380.0
MAexp100:	368.0
Price / MA7:	+0.76%
Price / MA20:	+3.77%
Price / MA50:	+4.26%
Price / MA100:	+9.28%
Price / MAexp7:	+0.83%
Price / MAexp20:	+2.70%
Price / MAexp50:	+5.03%
Price / MAexp100:	+8.45%

News

Don"t forget to follow the news on RENTOKIL INITIAL ORD 1P. At the time of publication of this analysis, the latest news was as follows:

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

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