Sainsbury (J) (SBRY)

Sell: 225.60p

Buy: 274.60p

Change: 7.00p | 2.84%

Last updated 16:03 22/11/24. 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 movement is considered of type bearish very pressured by the 278.708 area and increasing the risk of overbought and setbacks I would have to overcome 278.708 to propose the change to a more neutral scenario

Long term comment

The previous downward trend, from on the 11th of april to on the 22th of may, led the price from 295.889 to 232.692. After an upward correction of 27.5% until it returned to the 295.889, zone, it marked on the 29th of september highs before starting the current fall, which is in the prior minimum zone, around 232.692, but without a consistent loss of this area that supposes a medium term support quota.

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
232.2500	243.0200	248.4100	259.1800	264.5600	275.3300

Alerts

Alerts
Priority	Date	Warning
Medium priority	25/11/2024	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	25/11/2024	A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
Medium priority	22/11/2024	A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
Medium priority	22/11/2024	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.
High priority	22/11/2024	The price is close to supports. It is recommended to monitor if bulls are back in control when they are reached.
Medium priority	21/11/2024	A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
Medium priority	21/11/2024	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	20/11/2024	A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
Medium priority	20/11/2024	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	19/11/2024	A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
Medium priority	19/11/2024	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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