RI Technical Analysis - PERNOD RICARD SA

Technical Rating and Analysis

Overall RI gets a technical rating of 0 out of 10. RI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

When comparing the yearly performance of all stocks, RI is a bad performer in the overall market: 95% of all stocks are doing better.

RI is part of the Beverages industry. There are 26 other stocks in this industry, of which 84% are performing better than RI.

RI is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.

RI is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

PERNOD RICARD SA / RI Weekly stock chart

Setup Rating and Analysis

RI has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 85.25. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 84.15, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

81.99

105.14

We found 1 important support area.

A support zone ranging from 82.82 to 85.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We can see 4 important resistance areas.

A resistance zone ranging from 85.52 to 86.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Resistance @96.21 from a trend line in the weekly time frame.
A resistance zone ranging from 99.50 to 100.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @104.10 from a horizontal line in the daily time frame.

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What is Support and Resistance

Support and Resistance indicators

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Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

Indicator	Value	Signal	Comment
ChartMill Long Term Trend Indicator	DOWN	NEGATIVE	The long term trend for RI.PA is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for RI.PA is down.
ChartMill Relative Strength	5.62	NEGATIVE	RI.PA has a low relative strength, it was outperformed by 94.38% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of RI.PA is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of RI.PA is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of RI.PA is below a declining SMA(200).
Relative Strength Index/RSI (14)	37.28	NEUTRAL	The RSI value for RI.PA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.32	POSITIVE	The MACD value suggests RI.PA has a positive trend.
Stochastics (14,3)	45.17	NEUTRAL	The Stochastics value for RI.PA is a neutral value.
Average True Range in percent/ATR (20)	1.84	LOW VOLATILITY	The low ATR as a percentage value for RI.PA suggests low volalility.
Average Directional Index/ADX (14)	26.88	POSITIVE	The high ADX value value for RI.PA suggests a strong trend.