Ocado Group (OCDO)

Sell: 341.70p

Buy: 342.00p

Change: -6.30p | -1.81%

Last updated 16:20 13/05/24. 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:

Neutral
Long term:

Bearish

Short term comment

The current price phase anticipates a move bearish very pressured by the 470.9 area and increasing the risk of overbought and setbacks I would have to overcome 470.9 to propose the change to a more neutral scenario

Long term comment

The advance of prices from 342.000, to 1017.000 surpassed the previous highs, in april 2023, at 940.000, looking for higher levels until quotas of 1017.000 (18-october-2023). The current bearish trend, however, is limited, since it does not present a consistent loss of the mentioned reference of levels at 940.000.

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
321.6380	348.4910	363.1460	389.9990	402.1970	429.0500

Alerts

Alerts
Priority	Date	Warning
Medium priority	24/04/2024	A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
Medium priority	23/04/2024	A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
Medium priority	23/04/2024	Being near (below) the short-term moving average may lead to a decline, although if it breaks above the level the signal would be reversed to bullish.
Medium priority	23/04/2024	Fast stochastic gives moderate strength signals that may lead to possible short-term rebounds.
Medium priority	22/04/2024	The RSI7 indicates short term oversold, which may reflect, renewed upward short-term recovering.
Medium priority	22/04/2024	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	22/04/2024	Fast stochastic gives moderate strength signals that may lead to possible short-term rebounds.
Medium priority	19/04/2024	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	19/04/2024	Fast stochastic gives moderate strength signals that may lead to possible short-term rebounds.
Medium priority	18/04/2024	The RSI7 indicates short term oversold, which may reflect, renewed upward short-term recovering.
Medium priority	18/04/2024	Being near (below) the short-term moving average may lead to a decline, although if it breaks above the level the signal would be reversed to bullish.

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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.