WPP (WPP)

Sell: 811.60p

Buy: 823.20p

Change: -15.80p | -1.88%

Last updated 16:35 15/11/24. 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:

    Strong Bullish

  • Medium term:

    Neutral

  • Long term:

    Bullish

Short term comment

From a technical perspective, the situation is bullish but very close to the support and critical area that today generates the upward guideline in 749.606 levels. The 749.606 - 723.568 range represents an area of ??greater neutrality, so the loss of 749.606 would prevent a bullish rating.

Long term comment

After the previous rise, with a 30.6% revaluation, there was an important downward correction phase of -18.3%, initiated on the 8th of july at 814.854, and ended at the low of 665.706 (6-september-2024). The current gains have exceeded the previous peaks at 814.854, currently reaching 872.400 (7-november-2024) with no sign of weakness.

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
801.5330 817.9330 828.4670 844.8670 850.7330 867.1330

Alerts

Alerts
Priority Date Warning
Medium priority 15/11/2024 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 15/11/2024 A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
High priority 15/11/2024 The price is close to a resistance level so it is recommended to monitor behavior when reaching it.
Medium priority 14/11/2024 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 14/11/2024 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 13/11/2024 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 13/11/2024 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 12/11/2024 A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
Medium priority 12/11/2024 A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
Medium priority 12/11/2024 Fast Stochastic bearish signal. The weakness in the previous close indicates the possibility of suffering from downside momentum after a more positive recent phase.
High priority 12/11/2024 The price is close to a resistance level so it is recommended to monitor behavior when reaching it.

Thinking about investing?

In order to invest, you’ll first need to be a Smart Investor customer. Compare our accounts and choose the right one for you.

Compare accounts

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.

Copyright © 2024 Refinitiv, an LSEG business. All rights reserved.