BABCOCK INTERNATIONAL GRP. ORD 60P
BABCOCK INTERNATIONAL GRP. ORD 60P
- GBX (-)
- 15 min delayed data - London Stock Exchange
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: BAB
ISIN: GB0009697037

BABCOCK INTERNATIONAL GRP. ORD 60P - Daily - Technical analysis published on 10/29/2019 (GMT)

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  • Timeframe : Daily
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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

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 Bastien Huneau. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

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.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by BABCOCK INTERNATIONAL GRP. ORD 60P:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

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:

Central Indicators

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:

Central Patterns

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:

Central Candlesticks

Bullish engulfing lines

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
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
Standard536.6540.0545.4548.8554.2557.6563.0
Camarilla548.4549.2550.0550.8551.6552.4553.2
Woodie537.6540.5546.4549.3555.2558.1564.0
Fibonacci540.0543.4545.4548.8552.2554.2557.6


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard499.7518.5532.3551.1564.9583.7597.5
Camarilla537.0540.0543.0546.0549.0552.0555.0
Woodie497.1517.3529.7549.9562.3582.5594.9
Fibonacci518.5531.0538.7551.1563.6571.3583.7


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard427.0462.5510.3545.8593.6629.1676.9
Camarilla535.1542.7550.4558.0565.6573.3580.9
Woodie433.1465.6516.4548.9599.7632.2683.0
Fibonacci462.5494.4514.0545.8577.7597.3629.1

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%

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

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