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Shire plc (SHP.L) - Buy, Sell or Hold?

Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Mon, 20 Nov 2017NoneBearish EngulfingTue, 07 Nov 2017-3.14%
***Stock database and scans are updated around midnight (London time) every trading day.
3579.00 0.00 (0%) Nov 20 9:00pm GMT
Open: 3642.00 Range: 3543.00 - 3646.00 Vol: 2.96M Avg Vol: 2.65M
EPS: 74.50 P/E ratio: 50.08 EBITDA: 5.76B Mkt Cap: 33.82B
Analyze "SHP.L" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Down
Last Trade is below the 5 day moving average at 3618.20
Medium Term: Trend is Down
Last Trade is below the 20 day moving average at 3631.78
Last Trade is below the 50 day moving average at 3756.02
Long Term: Trend is Down
Last Trade is below the 200 day moving average at 4267.81
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of SHP.L

Stock Trend Analysis - Buy, Sell or Hold "Shire plc" (SHP.L)?

SHP.L is in a long term downtrend and it has traded about 79% of the time below the 200 day moving average in the last 52 weeks on daily average volume of 2.7M shares changing hands. The medium term trend for SHP.L is extremely bearish and weak, having traded almost 96% of the time below the 50 day moving average. The 20 day moving average is also showing some signs of weakness as SHP.L has been trading below its 20 SMA for 77.5% of the time in the last 8 weeks. As SHP.L is in a downtrend characterized by the 200 SMA, currently at 4267.81, the most likely scenario is that rallies will be sold into until the 200 SMA is convincingly taken out. Technically, there is very little reason to recommend a buy on this counter. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "SHP.L".
Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Mon, 20 Nov 2017
United Kingdom Stocks Above 200 Day Moving Average
TickerNameTrend AnalysisSupport/Resistance