Diageo (DGE)

Sell: 2,800.00p

Buy: 2,805.00p

Change: -16.50p | -0.59%

Last updated 16:51 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:

    Bearish

  • Medium term:

    Strong Bullish

  • Long term:

    Strong Bearish

Short term comment

The scope of price results bearish without any route already very limited would have to enter the 2849.064 to 2883 range for a change to a more neutral scenario

Long term comment

The bullish phase that took place between february 26 and march 23, rebounding from 2639.922 to levels at 3014.799, supposes a moderate correction of the previous fall, which went down from 3672.497 to 2639.922. The current downtrend, however, remains above support environments at 2639.922 lows. There is no sign of stability in the fall nor is it in oversold and support levels (in the area of 2639.922).

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
2734.1670 2770.1670 2785.3330 2821.3330 2842.1670 2878.1670

Alerts

Alerts
Priority Date Warning
Medium priority 20/05/2024 Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
Medium priority 20/05/2024 Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
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.
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 Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
Medium priority 17/05/2024 Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
Medium priority 17/05/2024 A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
High priority 17/05/2024 The price is close to a resistance level so it is recommended to monitor behavior when reaching it.
Medium priority 16/05/2024 Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
Medium priority 16/05/2024 Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.

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