BARRATT DEVELOPMENTS ORD 10P - Daily - Technical analysis published on 06/19/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
BARRATT DEVELOPMENTS ORD 10P Chart
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
44%
11%
44%
My opinion
Bearish under 583.5 GBX
My targets
552.8 GBX (-1.74%)
499.5 GBX (-11.22%)
My analysis
BARRATT DEVELOPMENTS 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 583.5 GBX. The next support located at 552.8 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 499.5 GBX. Below this support, sellers could then target 435.6 GBX.
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.
Additional analysis
Quotes
The BARRATT DEVELOPMENTS ORD 10P rating is 562.6 GBX. The price is lower by -0.25% since the last closing with the lowest point at 554.6 GBX and the highest point at 572.4 GBX. The deviation from the price is +1.44% for the low point and -1.71% for the high point.554.6
572.4
562.6
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BARRATT DEVELOPMENTS ORD 10P:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this BARRATT DEVELOPMENTS ORD 10P chart shows a bearish trend. 75% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a slightly bullish signal.
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
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : Daily
Near support of triangle
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 435.6 | 499.5 | 552.8 | 562.6 | 583.5 | 626.0 | 660.1 |
| Change (%) | -22.57% | -11.22% | -1.74% | - | +3.71% | +11.27% | +17.33% |
| Change | -127.0 | -63.1 | -9.8 | - | +20.9 | +63.4 | +97.5 |
| Level | Major | Major | Major | - | Major | Major | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 551.7 | 554.9 | 559.5 | 562.7 | 567.3 | 570.5 | 575.1 |
| Camarilla | 561.9 | 562.6 | 563.3 | 564.0 | 564.7 | 565.4 | 566.1 |
| Woodie | 552.3 | 555.2 | 560.1 | 563.0 | 567.9 | 570.8 | 575.7 |
| Fibonacci | 554.9 | 557.9 | 559.8 | 562.7 | 565.7 | 567.6 | 570.5 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 544.9 | 552.5 | 557.1 | 564.7 | 569.3 | 576.9 | 581.5 |
| Camarilla | 558.2 | 559.4 | 560.5 | 561.6 | 562.7 | 563.8 | 565.0 |
| Woodie | 543.3 | 551.8 | 555.5 | 564.0 | 567.7 | 576.2 | 579.9 |
| Fibonacci | 552.5 | 557.2 | 560.1 | 564.7 | 569.4 | 572.3 | 576.9 |
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): | 42.50 | |
| MACD (12,26,9): | -6.7000 | |
| Directional Movement: | -4.6 | |
| AROON (14): | 7.2 | |
| DEMA (21): | 560.0 | |
| Parabolic SAR (0,02-0,02-0,2): | 542.7 | |
| Elder Ray (13): | -2.7 | |
| Super Trend (3,10): | 588.7 | |
| Zig ZAG (10): | 562.6 | |
| VORTEX (21): | 0.9000 | |
| Stochastique (14,3,5): | 66.40 | |
| TEMA (21): | 558.8 | |
| Williams %R (14): | -36.60 | |
| Chande Momentum Oscillator (20): | 9.8 | |
| Repulse (5,40,3): | 0.3000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2000 | |
| Courbe Coppock: | 0.50 |
| MA7: | 566.0 | |
| MA20: | 564.1 | |
| MA50: | 589.1 | |
| MA100: | 581.6 | |
| MAexp7: | 564.5 | |
| MAexp20: | 569.5 | |
| MAexp50: | 577.9 | |
| MAexp100: | 570.0 | |
| Price / MA7: | -0.60% | |
| Price / MA20: | -0.27% | |
| Price / MA50: | -4.50% | |
| Price / MA100: | -3.27% | |
| Price / MAexp7: | -0.34% | |
| Price / MAexp20: | -1.21% | |
| Price / MAexp50: | -2.65% | |
| Price / MAexp100: | -1.30% |
News
The latest news and videos published on BARRATT DEVELOPMENTS ORD 10P at the time of the analysis were as follows:
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Will Barratt Developments keep dropping 31 January 2018
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Barratt Developments
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Barratt can rediscover pre-Brexit highs if it breaks current range
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Barratt sounds warning over 'difficult London market'
This member declared not having a position on this financial instrument or a related financial instrument.
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