BABCOCK INTERNATIONAL GRP. ORD 60P - Daily - Technical analysis published on 10/29/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
56%
0%
44%
My opinion
Bullish above 534.2 GBX
My targets
567.9 GBX (+3.29%)
859.6 GBX (+56.35%)
My analysis
The bullish trend is currently very strong on BABCOCK INTERNATIONAL GRP. ORD 60P. As long as the price remains above the support at 534.2 GBX, you could try to benefit from the boom. The first bullish objective is located at 567.9 GBX. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 859.6 GBX as an objective. Crossing it would then enable buyers to target 969.5 GBX. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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 confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
7.9
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This analysis was given by Bastien Huneau. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
BABCOCK INTERNATIONAL GRP. ORD 60P rating 549.8 GBX. The price registered a decrease of -0.18% on the session with the lowest point at 549.8 GBX and the highest point at 552.8 GBX. The deviation from the price is 0% for the low point and -0.54% for the high point.549.8
552.8
549.8
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BABCOCK INTERNATIONAL GRP. ORD 60P:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of BABCOCK INTERNATIONAL GRP. ORD 60P indicates that the overall trend is strongly bullish. 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, 10 technical indicators on 18 studied are currently positioned bullish. Other results related to technical indicators were also found by the Central Indicators scanner:
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish engulfing lines
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 459.7 | 486.4 | 534.2 | 549.8 | 567.9 | 859.6 | 969.5 |
Change (%) | -16.39% | -11.53% | -2.84% | - | +3.29% | +56.35% | +76.34% |
Change | -90.1 | -63.4 | -15.6 | - | +18.1 | +309.8 | +419.7 |
Level | Minor | Intermediate | Intermediate | - | Major | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 536.6 | 540.0 | 545.4 | 548.8 | 554.2 | 557.6 | 563.0 |
Camarilla | 548.4 | 549.2 | 550.0 | 550.8 | 551.6 | 552.4 | 553.2 |
Woodie | 537.6 | 540.5 | 546.4 | 549.3 | 555.2 | 558.1 | 564.0 |
Fibonacci | 540.0 | 543.4 | 545.4 | 548.8 | 552.2 | 554.2 | 557.6 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 499.7 | 518.5 | 532.3 | 551.1 | 564.9 | 583.7 | 597.5 |
Camarilla | 537.0 | 540.0 | 543.0 | 546.0 | 549.0 | 552.0 | 555.0 |
Woodie | 497.1 | 517.3 | 529.7 | 549.9 | 562.3 | 582.5 | 594.9 |
Fibonacci | 518.5 | 531.0 | 538.7 | 551.1 | 563.6 | 571.3 | 583.7 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 427.0 | 462.5 | 510.3 | 545.8 | 593.6 | 629.1 | 676.9 |
Camarilla | 535.1 | 542.7 | 550.4 | 558.0 | 565.6 | 573.3 | 580.9 |
Woodie | 433.1 | 465.6 | 516.4 | 548.9 | 599.7 | 632.2 | 683.0 |
Fibonacci | 462.5 | 494.4 | 514.0 | 545.8 | 577.7 | 597.3 | 629.1 |
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): | 53.80 | |
MACD (12,26,9): | 6.1000 | |
Directional Movement: | 8.5 | |
AROON (14): | 78.6 | |
DEMA (21): | 552.0 | |
Parabolic SAR (0,02-0,02-0,2): | 533.4 | |
Elder Ray (13): | 4.4 | |
Super Trend (3,10): | 508.8 | |
Zig ZAG (10): | 549.8 | |
VORTEX (21): | 1.0000 | |
Stochastique (14,3,5): | 71.50 | |
TEMA (21): | 550.6 | |
Williams %R (14): | -28.20 | |
Chande Momentum Oscillator (20): | 10.2 | |
Repulse (5,40,3): | 0.0000 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.1000 | |
Courbe Coppock: | 12.00 |
MA7: | 554.4 | |
MA20: | 537.1 | |
MA50: | 532.8 | |
MA100: | 493.8 | |
MAexp7: | 550.0 | |
MAexp20: | 544.0 | |
MAexp50: | 529.0 | |
MAexp100: | 511.5 | |
Price / MA7: | -0.83% | |
Price / MA20: | +2.36% | |
Price / MA50: | +3.19% | |
Price / MA100: | +11.34% | |
Price / MAexp7: | -0.04% | |
Price / MAexp20: | +1.07% | |
Price / MAexp50: | +3.93% | |
Price / MAexp100: | +7.49% |
News
Don"t forget to follow the news on BABCOCK INTERNATIONAL GRP. ORD 60P. At the time of publication of this analysis, the latest news was as follows:
- APPROACHING DEADLINE: Khang & Khang LLP Announces Securities Class Action Lawsuit against Babcock & Wilcox Enterprises, Inc. and Reminds Investors with Losses to Contact the Firm
- BABCOCK SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuits Against Babcock & Wilcox Enterprises, Inc. - (BW)
- Lifshitz & Miller LLP Announces Investigation of Adeptus Health Inc., AmTrust Financial Services, Inc., Babcock & Wilcox Enterprises, Inc., Caterpillar Inc., NN, Inc., Platinum Pari-Mutuel Holdings Inc., The Toronto-Dominion Bank and U.S. Physical Therapy, Inc.
- Johnson & Weaver, LLP Announces Investigations of Babcock & Wilcox Enterprises, Inc., Signet Jewelers Limited, Pearson plc, Invuity, Inc. and Patriot National, Inc.
- SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against Babcock & Wilcox Enterprises, Inc. (BW) & Lead Plaintiff Deadline: May 2, 2017
This member declared not having a position on this financial instrument or a related financial instrument.
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