Discoverie Group (DSCV)

Sell: 730.00p

Buy: 764.00p

Change: -9.00p | -1.21%

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 price structure bullish but very close to the support and critical area that today generates the upward guideline in 731.355 levels. The 731.355 - 730.428 range represents an area of ??greater neutrality, so the loss of 731.355 would prevent a bullish rating.

Long term comment

Between december 2023 and march 2024 there was a bullish phase that moved the prices from 582.969 to 816.000. This phase was corrected by a relevant bearish reaction that returned the quotation until 646.710 on the 5th of april levels. Following this, the current rise from 646.710 to 778.000 has not reached the previous highs at 816.000, an area of significant resistance.

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
686.0000	712.0000	724.0000	750.0000	764.0000	790.0000

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	A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
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	Price in support area Its loss would be a negative signal, but note the possibility of noise around the level.
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.
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.
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 supports. It is recommended to monitor if bulls are back in control when they are reached.
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	A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
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.

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.