BRITISH LAND COMPANY ORD 25P - Daily - Technical analysis published on 07/03/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Slightly bearish
Technical indicators
78%
6%
17%
My opinion
Bullish above 541.8 GBX
My targets
560.9 GBX (+1.43%)
573.8 GBX (+3.76%)
My analysis
The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for BRITISH LAND COMPANY ORD 25P as long as the price remains well above 541.8 GBX. The buyers” bullish objective is set at 560.9 GBX. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 573.8 GBX. If there is any crossing, the next objective would be the resistance located at 586.5 GBX. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 560.9 GBX. On this resistance, against the trend traders who would like to go short on BRITISH LAND COMPANY ORD 25P with a bearish signal from their trading strategy, should not hesitate to act.
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. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BRITISH LAND COMPANY ORD 25P price is 553.0 GBX. On the day, this instrument gained +1.02% and was between 546.8 GBX and 555.4 GBX. This implies that the price is at +1.13% from its lowest and at -0.43% from its highest.546.8
555.4
553.0
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in Daily of this BRITISH LAND COMPANY ORD 25P chart shows a slightly bearish trend. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages could quickly lead to a reversal of the trend. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 14 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Resistance of channel is broken
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 | 301.2 | 526.8 | 541.8 | 553.0 | 560.9 | 573.8 | 586.5 |
| Change (%) | -45.53% | -4.74% | -2.03% | - | +1.43% | +3.76% | +6.06% |
| Change | -251.8 | -26.2 | -11.2 | - | +7.9 | +20.8 | +33.5 |
| Level | Intermediate | Minor | Major | - | Minor | Minor | 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 | 537.4 | 540.6 | 544.0 | 547.2 | 550.6 | 553.8 | 557.2 |
| Camarilla | 545.6 | 546.2 | 546.8 | 547.4 | 548.0 | 548.6 | 549.2 |
| Woodie | 537.5 | 540.7 | 544.1 | 547.2 | 550.7 | 553.8 | 557.3 |
| Fibonacci | 540.6 | 543.1 | 544.7 | 547.2 | 549.7 | 551.3 | 553.8 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 501.6 | 509.3 | 519.9 | 527.6 | 538.3 | 546.0 | 556.6 |
| Camarilla | 525.5 | 527.2 | 528.9 | 530.6 | 532.3 | 533.9 | 535.6 |
| Woodie | 503.1 | 510.0 | 521.4 | 528.4 | 539.8 | 546.7 | 558.1 |
| Fibonacci | 509.3 | 516.3 | 520.6 | 527.6 | 534.6 | 539.0 | 546.0 |
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): | 63.00 | |
| MACD (12,26,9): | 0.3000 | |
| Directional Movement: | 8.8 | |
| AROON (14): | 42.9 | |
| DEMA (21): | 535.2 | |
| Parabolic SAR (0,02-0,02-0,2): | 527.0 | |
| Elder Ray (13): | 13.1 | |
| Super Trend (3,10): | 526.4 | |
| Zig ZAG (10): | 553.0 | |
| VORTEX (21): | 1.2000 | |
| Stochastique (14,3,5): | 91.30 | |
| TEMA (21): | 542.4 | |
| Williams %R (14): | -12.90 | |
| Chande Momentum Oscillator (20): | 23.4 | |
| Repulse (5,40,3): | 1.9000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.1000 | |
| Courbe Coppock: | 3.30 |
| MA7: | 538.9 | |
| MA20: | 533.7 | |
| MA50: | 548.1 | |
| MA100: | 564.8 | |
| MAexp7: | 542.0 | |
| MAexp20: | 537.1 | |
| MAexp50: | 545.4 | |
| MAexp100: | 554.6 | |
| Price / MA7: | +2.62% | |
| Price / MA20: | +3.62% | |
| Price / MA50: | +0.89% | |
| Price / MA100: | -2.09% | |
| Price / MAexp7: | +2.03% | |
| Price / MAexp20: | +2.96% | |
| Price / MAexp50: | +1.39% | |
| Price / MAexp100: | -0.29% |
News
The latest news and videos published on BRITISH LAND COMPANY ORD 25P at the time of the analysis were as follows:
-
IAN KING TALKS HOUSING WITH BRITISH LAND
-
British Land
-
British Land
-
British Land’s share price levels interest investors
-
British Land pumps prime locations for profit
This member declared not having a position on this financial instrument or a related financial instrument.
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