Weir Group Plc ($WEIR): A Professional’s Recap (2019-08-07)

REPORTING FOR 2019-08-07 | THEBUNSENBURNER.COM: We have done a deep analysis of how Weir Group Plc ($WEIR) has been trading over the last couple of weeks and the past day especially. On its most recent session, Weir Group Plc ($WEIR) opened at 1318.0, reaching a high of 1342.5 and a low of 1302.5 before closing at a price of 1324.0. There was a total volume of 2238903.

VOLUME INDICATORS: We saw an accumulation-distribution index of 28363.30306, an on-balance volume of -1305.0, chaikin money flow of 2.26531 and a force index of 3458.0. There was an ease of movement rating of -0.27948, a volume-price trend of -207.91156 and a negative volume index of 1000.0.

VOLATILITY: We noted an average true range of 29.66404, bolinger bands of 1305.24264, an upper bollinger band of 1296.75736, lower bollinger band of 1302.5, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 1321.0, high band keltner channel of 1296.5, low band keltner channel of 1345.5, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 1302.5, a donchian channel low band of 1302.5, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND: We calculated a Moving Average Convergence Divergence (MACD) of -0.06731, a MACD signal of -0.03739, a MACD difference of -0.02991, a fast Exponential Moving Average (EMA) indicator of 1302.5, a slow Exponential Moving Average (EMA) indicator of 1302.5, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.06808, a trix of -12.92312, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of 244.2598, a KST Oscillator (KST) of -157.91709 and a KST Oscillator (KST Signal) of -157.91709 (leaving a KST difference of -0.48488). We also found an Ichimoku rating of 1330.25, an Ichimoku B rating of 1330.25, a Ichimoku visual trend A of 1555.965, an Ichimoku visual trend B of 1517.225, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.

MOMENTUM: We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 35.66882, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -19.5829, a stochastic oscillator of 163.26531, a stochastic oscillator signal of 163.26531, a Williams %R rating of 63.26531 and an awesome oscillator of 21.07783.

RETURNS: There was a daily return of -15.79171, a daily log return of -0.23059 and a cumulative return of -0.23033.

What does all of this mean? If you have not studied technical analysis, the above may be strange to you, and that’s alright (athough I certainly advise learning these things). The conclusion is that AS OF 2019-08-07, here is what my deep analysis of technical indicators is telling me for Weir Group Plc ($WEIR)…

For a more complete analysis, run all of this through the BTMA software.

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Weir Group Plc ($WEIR) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Tracey Stevens

Tracey is the original creator of thebunsenburner.com and has been a science enthusiast for her whole life. She currently works as a pharmacist and often writes for this website on nights and weekends, researching different studies and reporting on them. She currently resides in Los Angeles.

3990 Providence Lane, Los Angeles CA 90017
Ph: 626-923-1067
tracey@www.thebunsenburner.com
Tracey Stevens

Tracey Stevens

Tracey is the original creator of thebunsenburner.com and has been a science enthusiast for her whole life. She currently works as a pharmacist and often writes for this website on nights and weekends, researching different studies and reporting on them. She currently resides in Los Angeles. 3990 Providence Lane, Los Angeles CA 90017 Ph: 626-923-1067 tracey@www.thebunsenburner.com

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