[BULLISH CROSSOVER]: Greggs current price has driven Commodity Channel Index to become oversold signalling the start of bullish trading conditions. Currently, the CCI is -171.0000. During the quarter, the lowest CCI value was -171. The last oversold signal occurred on Mar 8 2018
[BULLISH]: Greggs current volume uptrend in the first timeframe. Volume for GRG is447391 (9.9).
GRG: Stochastic Oscillator Signal -> (1) 24 Apr: BULLISH (2) 23 Apr: BEARISH CROSSUNDER (3) 24 Apr: BEARISH
[BEARISH]: Greggs current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -278.0000.
[BULLISH CROSSOVER]: Greggs currently has positive PVO 3.4000%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is 0%.
London Stock Exchange
[BEARISH]: Greggssellers are keener than buyers and are driving the price down. There has been 2 consecutive days of price decline for GRG adding strength to a downtrend in the first timeframe. The biggest downward movement this month has been -2.9 & the greatest daily negative change this year has been -7.5. The longest consecutive downswing rally over the last 12 months has been 4 days giving a total rally downward movement of -7.5%. This quarter, the largest downswing rally has been 2 days giving a total rally downward movement of -2.9%. The loss ratio for price rise in the first timeframe for the last 12 months is 0.4x giving a total win/loss ratio of 1.2x. Over the last month the average daily downward movement has been -1.300000%
Greggs: The current Fibonacci Fan levels are: (23.61%) $1213.8300: (38.2%) $1226.0900: (50%) $1236.0000: (61.8%) $1245.9100The current support levels are: (78.6%) $1260.0200: (100%) $1278.0000: (138.2%) $1310.0900: (161.8%) $1329.9100: (261.8%) $1413.9100: (423.61%) $1549.8300
Greggs has broken the first DeMark resistance point ($1202.2500) [Bullish]. Look for a long limit order entry near this point. Exit price for GRG should be set @$1210.5000 & Stoploss for Greggs should be set at $1180.5000
[BULLISH]: Greggs currently has a confirmed uptrend. Recent trading has caused the SMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is -2.0%.
[BULLISH]: Greggs is in an uptrend in the medium term timeframe. The current rally number is 3 & the highest rally count for the LTM is 33. The highest rally for the month is 17
[BEARISH]: Greggs currently has negative momentum of -52.0000 This means the current price is less than the price 5 days ago and therefore losing momentum. Currently, the return on momentum is -2.0000%.The largest downward momentum rally for the last 3 months is 2 days producing a return of -2.4%%.
[BEARISH]: GreggsElder Ray Index is signalling a Bearish movementERI is -37.7070 indicating bear power. Prices are being driven below the consensus of value for GRG during the last trading session [Selling Pressure]
[BEARISH STRONG]: Greggs opened in the upper part of daily range at 86.700000000000000% & closed in the lower part of the trading range at 10.000000000000000%. This suggests the sellers were in control all day. Over the last 12 months there has been 49 trading days with the opening price in the upper shadow & the closing the price in the lower shadow giving a confirmation ratio of 18.6%. Over the last month there has been 4 trading days with the opening price in the lower upper range & the closing the price in the lower price range giving a confirmation ratio of 23.5%.
[BEARISH]: Greggs is currently Overbought highlighting the potential for a short term trend reversal in the downward direction.
GRG: EMA(5) Current Signal -> (1) 24 Apr: BULLISH (2) 23 Apr: BULLISH CROSSOVER (3) 24 Apr: BEARISH
Greggs has moved above the 161.8% level ($929.0600) [Bearish]. Look for a short limit order entry near this point. Exit price for GRG should be set @$981.5600 & short position stoploss for Greggs should be set at $876.5600
Greggs current pivot point is: 1205.0000. The current resistance levels are: (R1) $1216.0000: (R2) $1235.0000: (R3) $1246.0000: The current support levels are: (S1) $1186.0000: (S2) $1175.0000: (S3) $1156.0000
[BEARISH]: Greggs UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 2.3620.
[BULLISH]: Greggs has a current ARU(25) of 80.0000 and a current ARD(25) of 12.0000
GRG: EOM Recent Trading -> (1) 24 Apr: -110641.4750 (2) 23 Apr: -27134.3430 (3) 24 Apr: 413.8110
GRG: CLOSE Current Signal -> (1) 24 Apr: BEARISH (2) 23 Apr: BEARISH (3) 20 Apr: BULLISH
[BULLISH CROSSOVER]: Greggs has initiated an oversold signal, highlighting the potential for a short term trend reversal in the upward direction. The current level is -6.7500% with a current width of 5.6400.