RS Group (RS1)

Sell: 703.00p

Buy: 712.00p

Change: -7.00p | -0.98%

Last updated 16:35 30/10/24. 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:

Bearish
Long term:

Strong Bearish

Short term comment

The technical phase would be considered as bearish very pressured by the 769.75 area and increasing the risk of overbought and setbacks I would have to overcome 769.75 to propose the change to a more neutral scenario

Long term comment

Although on the 7th of october marked highs at levels at 850.000, higher levels than the previous reference highs on the 23th of march at 836.610, the current downtrend has lost positions, retreating by -17.6% and falling again below both levels, with lows, at the moment, in quotas of 700.000.

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
662.8330	687.3330	699.1670	723.6670	736.3330	760.8330

Alerts

Alerts
Priority	Date	Warning
Medium priority	30/10/2024	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	30/10/2024	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	30/10/2024	Bullish fast stochastic signal. The previous close indicates the possibility of rebounds after a recent negative phase.
Medium priority	29/10/2024	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	29/10/2024	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	29/10/2024	Fast stochastic gives moderate strength signals that may lead to possible short-term rebounds.
Medium priority	28/10/2024	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	28/10/2024	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	28/10/2024	Fast stochastic gives moderate strength signals that may lead to possible short-term rebounds.
Medium priority	25/10/2024	The RSI7 indicates short term oversold, which may reflect, renewed upward short-term recovering.
Medium priority	25/10/2024	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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