Bellway (BWY)

Sell: 2,792.00p

Buy: 2,802.00p

Change: -6.00p | -0.21%

Last updated 16:35 17/05/24. Prices delayed by at least 15 minutes. Change is calculated based on previous close price.

Technical analysis

The information in this section is provided by Noesis Tech Analysis not Barclays.

This share factsheet isn’t an investment recommendation. We don’t offer personal advice so if you’re unsure, please seek independent advice. Remember, the value of investments can fall as well as rise and you may get back less than you invest.

Trend

The trend arrows show short, mid and long term signal.

Short term:

Strong Bullish
Medium term:

Strong Bullish
Long term:

Strong Bullish

Short term comment

The rating of the price bullish but very close to the support and critical area that today generates the upward guideline in 2719 levels. The 2719 - 2639.5 range represents an area of ??greater neutrality, so the loss of 2719 would prevent a bullish rating.

Long term comment

The downward correction between march 12 and april 27 pushes back the price from levels at 2898.000, to levels at 2430.000, as a reaction to the previous rise from 1829.867 to 2898.000, 58.4%. In any case, the current bullish phase, from the latest lows, starts at 2430.000 and reaches 2818.080, with no sign of medium-term weakness.

Technical outlook

Bullish in the long term, although it must still break above the resistance at 21.07 to slightly improve in the short term.

Technical Comment: Outperform

Oscillators

Moving average

View technical details

Pivot points

Pivot points
Support 3	Support 2	Support 1	Resistance 1	Resistance 2	Resistance 3
2736.0470	2764.0270	2780.0130	2807.9930	2819.9870	2847.9670

Alerts

Alerts
Priority	Date	Warning
Medium priority	20/05/2024	The RSI7 indicates an overbought price. Thus, bearish pressure can increase in the short term.
Medium priority	20/05/2024	A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
High priority	20/05/2024	The price is close to supports. It is recommended to monitor if bulls are back in control when they are reached.
Medium priority	20/05/2024	Fast Stochastic bearish signal. The weakness in the previous close indicates the possibility of some fresh selling after a more positive recent phase.
High priority	20/05/2024	The price is close to a resistance level so it is recommended to monitor behavior when reaching it.
Medium priority	17/05/2024	The RSI7 indicates an overbought price. Thus, bearish pressure can increase in the short term.
Medium priority	17/05/2024	Since the price is close to the moving average, it could strengthen to the upside, aothough quotes below it would signal a bearish reversal.
High priority	17/05/2024	The price is close to supports. It is recommended to monitor if bulls are back in control when they are reached.
Medium priority	17/05/2024	Fast Stochastic bearish signal. The weakness in the previous close indicates the possibility of some fresh selling after a more positive recent phase.
Medium priority	16/05/2024	The RSI7 indicates an overbought price. Thus, bearish pressure can increase in the short term.
Medium priority	16/05/2024	A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.

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The information contained within this website is provided by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd unless otherwise stated. The information is not intended to be advice or a recommendation to buy, sell or hold any of the shares, companies or investment vehicles mentioned, nor is it information meant to be a research recommendation. This is a solution powered by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd incorporating their prices, data news, charts, fundamentals and investor tools on this site. Terms and conditions apply. Prices and trades are provided by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd and are delayed by at least 15 minutes.