BARRATT DEVELOPMENTS ORD 10P - Daily - Technical analysis published on 11/18/2019 (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:
Bullish
De fond:
Strongly bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 647.3 GBX
My targets
661.5 GBX (+0.93%)
683.0 GBX (+4.21%)
My analysis
The basic bullish trend is very strong on BARRATT DEVELOPMENTS ORD 10P but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 647.3 GBX. Crossing the first resistance at 661.5 GBX would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 683.0 GBX as an objective. Crossing it would then enable buyers to target 700.0 GBX. Caution, a return to below 647.3 GBX would be a sign of a consolidation phase in the short-term basic trend. 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
7.3
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This analysis was given by Vincent Launay.
Additional analysis
Quotes
The BARRATT DEVELOPMENTS ORD 10P price is 655.4 GBX. On the day, this instrument gained +0.55% and was traded between 648.4 GBX and 668.2 GBX over the period. The price is currently at +1.08% from its lowest and -1.92% from its highest.648.4
668.2
655.4
The Central Gaps scanner detects a bearish opening. A small advantage for sellers 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:
Technical
Technical analysis of this Daily chart of BARRATT DEVELOPMENTS ORD 10P indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
In fact, 13 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Aroon indicator bullish trend
Type : Bullish
Timeframe : Daily
Ichimoku - Bearish crossover : Tenkan & Kijun
Type : Bearish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
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 this signal:
Near support of channel
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 | 584.4 | 626.1 | 647.3 | 655.4 | 661.5 | 683.0 | 700.0 |
| Change (%) | -10.83% | -4.47% | -1.24% | - | +0.93% | +4.21% | +6.81% |
| Change | -71.0 | -29.3 | -8.1 | - | +6.1 | +27.6 | +44.6 |
| Level | Minor | Major | Intermediate | - | Major | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 617.0 | 626.2 | 639.0 | 648.2 | 661.0 | 670.2 | 683.0 |
| Camarilla | 645.8 | 647.8 | 649.8 | 651.8 | 653.8 | 655.8 | 657.9 |
| Woodie | 618.8 | 627.1 | 640.8 | 649.1 | 662.8 | 671.1 | 684.8 |
| Fibonacci | 626.2 | 634.6 | 639.8 | 648.2 | 656.6 | 661.8 | 670.2 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 596.3 | 609.7 | 630.7 | 644.1 | 665.1 | 678.5 | 699.5 |
| Camarilla | 642.3 | 645.5 | 648.7 | 651.8 | 655.0 | 658.1 | 661.3 |
| Woodie | 600.2 | 611.6 | 634.6 | 646.0 | 669.0 | 680.4 | 703.4 |
| Fibonacci | 609.7 | 622.8 | 630.9 | 644.1 | 657.2 | 665.3 | 678.5 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 431.2 | 499.8 | 565.5 | 634.2 | 699.8 | 768.5 | 834.2 |
| Camarilla | 594.3 | 606.6 | 618.9 | 631.2 | 643.5 | 655.8 | 668.1 |
| Woodie | 429.7 | 499.1 | 564.0 | 633.4 | 698.4 | 767.8 | 832.7 |
| Fibonacci | 499.8 | 551.1 | 582.8 | 634.2 | 685.5 | 717.2 | 768.5 |
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): | 60.10 | |
| MACD (12,26,9): | 5.4000 | |
| Directional Movement: | 12.9 | |
| AROON (14): | 64.3 | |
| DEMA (21): | 648.2 | |
| Parabolic SAR (0,02-0,02-0,2): | 689.3 | |
| Elder Ray (13): | 15.5 | |
| Super Trend (3,10): | 607.3 | |
| Zig ZAG (10): | 655.4 | |
| VORTEX (21): | 0.9000 | |
| Stochastique (14,3,5): | 74.00 | |
| TEMA (21): | 645.6 | |
| Williams %R (14): | -27.50 | |
| Chande Momentum Oscillator (20): | 24.2 | |
| Repulse (5,40,3): | 0.2000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1000 | |
| Courbe Coppock: | 0.90 |
| MA7: | 642.9 | |
| MA20: | 642.0 | |
| MA50: | 623.5 | |
| MA100: | 604.5 | |
| MAexp7: | 645.6 | |
| MAexp20: | 640.3 | |
| MAexp50: | 626.3 | |
| MAexp100: | 606.4 | |
| Price / MA7: | +1.94% | |
| Price / MA20: | +2.09% | |
| Price / MA50: | +5.12% | |
| Price / MA100: | +8.42% | |
| Price / MAexp7: | +1.52% | |
| Price / MAexp20: | +2.36% | |
| Price / MAexp50: | +4.65% | |
| Price / MAexp100: | +8.08% |
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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This member declared not having a position on this financial instrument or a related financial instrument.
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