LINDE PLC - Daily - Technical analysis published on 11/19/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 206.26 USD
My targets
213.16 USD (+1.94%)
225.00 USD (+7.60%)
My analysis
LINDE PLC ORDINARY SHARE is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 206.26 USD. The next resistance located at 213.16 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 225.00 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
8.6
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
LINDE PLC ORDINARY SHARE rating 209.11 USD. On the day, this instrument lost -0.29% and was traded between 207.48 USD and 209.96 USD over the period. The price is currently at +0.79% from its lowest and -0.40% from its highest.207.48
209.96
209.11
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 LINDE PLC ORDINARY SHARE:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this LINDE PLC ORDINARY SHARE chart shows a strongly bullish trend. 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, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : Daily
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
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 resistance of channel
Type : Bearish
Timeframe : Daily
Near horizontal support
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 184.20 | 196.85 | 206.26 | 209.11 |
| Change (%) | -11.91% | -5.86% | -1.36% | - |
| Change | -24.91 | -12.26 | -2.85 | - |
| Level | Major | Minor | Major | - |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 206.59 | 207.46 | 208.59 | 209.46 | 210.58 | 211.45 | 212.58 |
| Camarilla | 209.16 | 209.34 | 209.53 | 209.71 | 209.89 | 210.08 | 210.26 |
| Woodie | 206.72 | 207.52 | 208.71 | 209.52 | 210.71 | 211.51 | 212.70 |
| Fibonacci | 207.46 | 208.22 | 208.69 | 209.46 | 210.22 | 210.69 | 211.45 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 195.34 | 198.46 | 204.09 | 207.21 | 212.83 | 215.95 | 221.58 |
| Camarilla | 207.31 | 208.11 | 208.91 | 209.71 | 210.51 | 211.31 | 212.12 |
| Woodie | 196.59 | 199.09 | 205.34 | 207.83 | 214.08 | 216.58 | 222.83 |
| Fibonacci | 198.46 | 201.80 | 203.86 | 207.21 | 210.55 | 212.61 | 215.95 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 167.25 | 174.66 | 186.50 | 193.91 | 205.75 | 213.16 | 225.00 |
| Camarilla | 193.06 | 194.82 | 196.59 | 198.35 | 200.12 | 201.88 | 203.64 |
| Woodie | 169.48 | 175.77 | 188.73 | 195.02 | 207.98 | 214.27 | 227.23 |
| Fibonacci | 174.66 | 182.01 | 186.55 | 193.91 | 201.26 | 205.80 | 213.16 |
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): | 73.22 | |
| MACD (12,26,9): | 4.1100 | |
| Directional Movement: | 22.72 | |
| AROON (14): | 85.72 | |
| DEMA (21): | 207.16 | |
| Parabolic SAR (0,02-0,02-0,2): | 205.42 | |
| Elder Ray (13): | 4.36 | |
| Super Trend (3,10): | 201.27 | |
| Zig ZAG (10): | 209.11 | |
| VORTEX (21): | 1.0800 | |
| Stochastique (14,3,5): | 94.82 | |
| TEMA (21): | 209.35 | |
| Williams %R (14): | -8.66 | |
| Chande Momentum Oscillator (20): | 10.76 | |
| Repulse (5,40,3): | 1.0900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2500 | |
| Courbe Coppock: | 10.61 |
| MA7: | 206.62 | |
| MA20: | 200.82 | |
| MA50: | 195.02 | |
| MA100: | 194.77 | |
| MAexp7: | 206.89 | |
| MAexp20: | 202.10 | |
| MAexp50: | 197.24 | |
| MAexp100: | 193.78 | |
| Price / MA7: | +1.21% | |
| Price / MA20: | +4.13% | |
| Price / MA50: | +7.22% | |
| Price / MA100: | +7.36% | |
| Price / MAexp7: | +1.07% | |
| Price / MAexp20: | +3.47% | |
| Price / MAexp50: | +6.02% | |
| Price / MAexp100: | +7.91% |
This member declared not having a position on this financial instrument or a related financial instrument.
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