SAGE GRP. ORD 1 4/77P - Daily - Technical analysis published on 10/16/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Bearish
Technical indicators
56%
6%
39%
My opinion
Bearish under 704.2 GBX
My targets
671.8 GBX (-3.12%)
636.5 GBX (-8.21%)
My analysis
The basic trend is bearish on SAGE GRP. ORD 1 4/77P and in the short term, the price is trying to rebound. For the time being, this is only a technical rebound and the basic trend is not threatened. To have the rebound confirmed, it would have at least to go back above the 704.2 GBX. Buyers would then use the next resistance located at 729.0 GBX as an objective. Crossing it would then enable buyers to target 756.0 GBX. If there is a return to below the support located at 671.8 GBX, this would be a sign of a reversal in the basic bearish trend. The next bearish objectives would be 636.5 GBX and 598.8 GBX by extension.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
FORCE
0
10
0
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The SAGE GRP. ORD 1 4/77P price is 693.4 GBX. The price registered a decrease of -0.32% on the session and was between 689.8 GBX and 706.6 GBX. This implies that the price is at +0.52% from its lowest and at -1.87% from its highest.689.8
706.6
693.4
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
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:
Technical
Technical analysis of SAGE GRP. ORD 1 4/77P in Daily shows an overall bearish trend. 67.86% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this bearish trend may be slowing down. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 598.8 | 636.5 | 671.8 | 693.4 | 704.2 | 729.0 | 756.0 |
| Change (%) | -13.64% | -8.21% | -3.12% | - | +1.56% | +5.13% | +9.03% |
| Change | -94.6 | -56.9 | -21.6 | - | +10.8 | +35.6 | +62.6 |
| Level | Major | Intermediate | Major | - | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 682.3 | 687.3 | 691.5 | 696.5 | 700.7 | 705.7 | 709.9 |
| Camarilla | 693.1 | 693.9 | 694.8 | 695.6 | 696.4 | 697.3 | 698.1 |
| Woodie | 681.8 | 687.1 | 691.0 | 696.3 | 700.2 | 705.5 | 709.4 |
| Fibonacci | 687.3 | 690.9 | 693.0 | 696.5 | 700.1 | 702.2 | 705.7 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 639.2 | 650.6 | 671.8 | 683.2 | 704.4 | 715.8 | 737.0 |
| Camarilla | 684.0 | 687.0 | 690.0 | 693.0 | 696.0 | 699.0 | 702.0 |
| Woodie | 644.1 | 653.1 | 676.7 | 685.7 | 709.3 | 718.3 | 741.9 |
| Fibonacci | 650.6 | 663.1 | 670.8 | 683.2 | 695.7 | 703.4 | 715.8 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 594.3 | 624.7 | 658.1 | 688.5 | 721.9 | 752.3 | 785.7 |
| Camarilla | 673.9 | 679.7 | 685.6 | 691.4 | 697.3 | 703.1 | 709.0 |
| Woodie | 595.7 | 625.5 | 659.5 | 689.3 | 723.3 | 753.1 | 787.1 |
| Fibonacci | 624.7 | 649.1 | 664.2 | 688.5 | 712.9 | 728.0 | 752.3 |
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): | 54.20 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 10.2 | |
| AROON (14): | 64.3 | |
| DEMA (21): | 681.7 | |
| Parabolic SAR (0,02-0,02-0,2): | 649.3 | |
| Elder Ray (13): | 13.4 | |
| Super Trend (3,10): | 706.3 | |
| Zig ZAG (10): | 693.4 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 80.90 | |
| TEMA (21): | 689.9 | |
| Williams %R (14): | -22.10 | |
| Chande Momentum Oscillator (20): | 2.0 | |
| Repulse (5,40,3): | -0.8000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1000 | |
| Courbe Coppock: | 1.80 |
| MA7: | 687.2 | |
| MA20: | 680.9 | |
| MA50: | 688.6 | |
| MA100: | 732.5 | |
| MAexp7: | 688.6 | |
| MAexp20: | 684.0 | |
| MAexp50: | 695.4 | |
| MAexp100: | 705.4 | |
| Price / MA7: | +0.90% | |
| Price / MA20: | +1.84% | |
| Price / MA50: | +0.70% | |
| Price / MA100: | -5.34% | |
| Price / MAexp7: | +0.70% | |
| Price / MAexp20: | +1.37% | |
| Price / MAexp50: | -0.29% | |
| Price / MAexp100: | -1.70% |
News
Don"t forget to follow the news on SAGE GRP. ORD 1 4/77P. At the time of publication of this analysis, the latest news was as follows:
- Canadian Business Owners Give Current Federal Government A Thumbs-Down
- UPDATE -- New research from Sage reveals 82% of HR leaders anticipate their role will be unrecognizable in 10 years’ time
- New research from Sage reveals 82% of HR leaders anticipate their role will be unrecognizable in 10 years’ time
- New research from Sage reveals only 61% of U.S. businesses plan to invest in future tech and digital skills to increase profitability, trade potential
- Canadian Small and Medium Businesses More Productive Compared to Global Peers, Sage Research Reveals
This member declared not having a position on this financial instrument or a related financial instrument.
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