BROOKFIELD PROPERTY REIT - Daily - Technical analysis published on 09/19/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
BROOKFIELD PROPERTY REIT Chart
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
17%
39%
44%
My opinion
Bullish above 25.12 USD
My targets
25.76 USD (+1.22%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on BROOKFIELD PROPERTY REIT. As long as you are above the support located at 25.12 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 25.76 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. If the support 25.12 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, technical indicators are in opposition with the general bullish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
FORCE
0
10
1.8
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 BROOKFIELD PROPERTY REIT price is 25.45 USD. The price is lower by -0.35% since the last closing and was between 25.25 USD and 25.50 USD. This implies that the price is at +0.79% from its lowest and at -0.20% from its highest.25.25
25.50
25.45
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
Here is a more detailed summary of the historical variations registered by BROOKFIELD PROPERTY REIT:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of this Daily chart of BROOKFIELD PROPERTY REIT indicates that the overall trend is bullish. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : Daily
In fact, only 7 technical indicators out of 18 studied are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : Daily
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
Williams %R indicator is back over -50
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
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 23.27 | 24.41 | 25.12 | 25.45 | 25.76 |
| Change (%) | -8.57% | -4.09% | -1.30% | - | +1.22% |
| Change | -2.18 | -1.04 | -0.33 | - | +0.31 |
| Level | Minor | Minor | Major | - | Intermediate |
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 | 25.22 | 25.30 | 25.42 | 25.50 | 25.62 | 25.70 | 25.82 |
| Camarilla | 25.49 | 25.50 | 25.52 | 25.54 | 25.56 | 25.58 | 25.60 |
| Woodie | 25.24 | 25.31 | 25.44 | 25.51 | 25.64 | 25.71 | 25.84 |
| Fibonacci | 25.30 | 25.38 | 25.42 | 25.50 | 25.58 | 25.62 | 25.70 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 24.36 | 24.75 | 24.96 | 25.36 | 25.57 | 25.96 | 26.17 |
| Camarilla | 25.01 | 25.06 | 25.12 | 25.18 | 25.23 | 25.29 | 25.34 |
| Woodie | 24.27 | 24.71 | 24.87 | 25.31 | 25.48 | 25.92 | 26.08 |
| Fibonacci | 24.75 | 24.98 | 25.13 | 25.36 | 25.59 | 25.73 | 25.96 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 24.57 | 24.78 | 25.22 | 25.43 | 25.87 | 26.08 | 26.52 |
| Camarilla | 25.47 | 25.53 | 25.59 | 25.65 | 25.71 | 25.77 | 25.83 |
| Woodie | 24.68 | 24.84 | 25.33 | 25.49 | 25.98 | 26.14 | 26.63 |
| Fibonacci | 24.78 | 25.03 | 25.19 | 25.43 | 25.68 | 25.84 | 26.08 |
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): | 49.77 | |
| MACD (12,26,9): | 0.0200 | |
| Directional Movement: | -19.22 | |
| AROON (14): | -21.42 | |
| DEMA (21): | 25.51 | |
| Parabolic SAR (0,02-0,02-0,2): | 25.68 | |
| Elder Ray (13): | -0.11 | |
| Super Trend (3,10): | 25.93 | |
| Zig ZAG (10): | 25.45 | |
| VORTEX (21): | 0.9000 | |
| Stochastique (14,3,5): | 57.38 | |
| TEMA (21): | 25.47 | |
| Williams %R (14): | -40.54 | |
| Chande Momentum Oscillator (20): | -0.20 | |
| Repulse (5,40,3): | 0.8700 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 0.36 |
| MA7: | 25.46 | |
| MA20: | 25.48 | |
| MA50: | 25.37 | |
| MA100: | 25.22 | |
| MAexp7: | 25.46 | |
| MAexp20: | 25.47 | |
| MAexp50: | 25.38 | |
| MAexp100: | 25.20 | |
| Price / MA7: | -0.04% | |
| Price / MA20: | -0.12% | |
| Price / MA50: | +0.32% | |
| Price / MA100: | +0.91% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | -0.08% | |
| Price / MAexp50: | +0.28% | |
| Price / MAexp100: | +0.99% |
This member declared not having a position on this financial instrument or a related financial instrument.
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