Analysis News
Monday 6 February 2012
 
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Analysis News today
  • Market Commentaries for the London Stock Exchange, Dow Jones and Nasdaq
  • Overview of the latest buy/sell signals on the London Stock Exchange
  • Analyses of the main indices on the London Stock Exchange, Dow Jones and Nasdaq
  • Analysis of Today's buy candidate on the London Stock Exchange
  • Stock Exchange Barometer - an environment barometer, giving an overview of both percentage and total buy, sell or watch candidates on the London Stock Exchange
  • Plus much more
 
Market Commentaries
Strong gains on London Stock Exchange
The market rallied Friday, and FTSE 100 closed at 5901 points after an increase of 1.81 percent. For the week as a whole the index showed a gain of 2.9%.
 

DB X-TRACKERS showed a negative development and ended the day at 2458 pence, which is a decline of 0.97 percent. The stock thereby broke the previous low from Apr 2011 and set a new low. It was also extremely high volume. Overall it was traded for 1079 millions pence in the stock, which is 63 times as much as normal daily turnover. The stock is trend wise positive in the medium term. INTERNATIONAL POWER showed a small gain and ended the day at 344 pence, which is an increase of 1.03 percent. The stock has now risen for the seventh day in a row. The stock is trend wise negative in the medium term, but has broken up through the resistance at 335 pence.

AEGIS GROUP developed positively, and gained 4.06 percent to a close of 167 pence. The stock has not closed higher since Sep 2000. The stock has now risen for the fourth day in a row and this past month the stock has gained as much as 17.83 percent. It also looks good technically. The stock is trend wise negative in the medium term, but has broken up through the resistance at 163 pence.

ITV closed up 4.75 percent to 79.35 pence. The stock has not closed at a higher price since Apr 2011. It also looks good technically. The stock is trend wise positive in the medium term and a further increase is indicated.

1216 shares showed a gain and 601 showed a loss. 236 shares were unchanged and closed at the same price as the previous day. There was no trading in 1147 shares. WORLDLINK GROUP PLC was the share that performed the best. The share rose 70.8 percent and closed at 41.00. COMS PLC, up 55.3 percent, LED INTL HLDGS LTD, up 46.0 percent, and SUMMIT CORP PLC, up 40.0 percent, were the other leading winners. Today's loser was SIEMENS AG, which closed at 75.83 after a loss of 20.2 percent. Other shares that performed poorly were GROUPE EUROTUNNEL SA with a loss of 20.1 percent, IMAGELINX PLC, down 20.0 percent, and PAN PACIFIC AGGREGATES, down 20.0 percent.

The most actively traded shares were RIO TINTO with a turnover of 25111 million, VODAFONE GROUP, with a turnover of 22124 million, and XSTRATA PLC, with a turnover of 20438 million. Total value of the trading volume for shares and primary capital certificates Friday was approximately 547.8 billion.

 
Highest close since May 2008.
Dow Jones Industrial Average developed positively Friday, and gained 1.23 percent to a close of 12862 points. The index has not closed higher since May 2008. The week as a whole showed a gain of 1.6%.
 
NASDAQ rises for the fourth day in a row
Nasdaq Combined Composite Index developed positively Friday, and gained 1.61 percent to a close of 2906 points. The week as a whole showed a gain of 3.2%. The index has now risen for the fourth day in a row.
 
Todays Signals - London
MNL - MANCHESTER & LONDON INV TRUST PLC has broken the ceiling of ...
 
NSI - NEW STAR INVESTMENT TRUST is within a falling trend, which i...
 
JPG - JUPITER PRIMADONA GROWTH TRUST has broken the ceiling of the...
 
BUT - BRUNNER INVESTMENT TRUST is within a rising trend. Continued...
 
JEO - JUPITER EUROPEAN OPPORTUNITIES TST has broken the ceiling of...
 
Indices Analyses
Weak negative candidate (The medium long term)
FTSE 100 has broken through the ceiling of a falling trend channel. This indicates a slower falling rate initially, or the start of a more horizontal development. The index has support at points 5700 and resistance at points 6070. The index is assessed as technically slightly negative for the medium long term.
 
Positive candidate (The medium long term)
Dow Jones Industrial Average shows a strong development within a rising trend channel. A further positive development is indicated, and there is support against the floor of the trend channel. Has given positive signal from a inverse head and shoulders formation by a break up through the resistance at 12217. Further rise to 13255 or more is signaled. The index has marginally broken up through the resistance at points 12800. An established break predicts a further rise. RSI is overbought. The index can still rise further, and we should see a decreasing RSI before this is used as a negative signal. The index is overall assessed as technically positive for the medium long term.
 
Weak positive candidate (The medium long term)
Nasdaq Combined Composite Index has broken the ceiling of the falling trend, which indicates a slower initial falling rate. The index has broken up through the resistance at points 2870. This predicts a further rise. RSI is overbought, which indicates a potential short-term reaction down. The index is overall assessed as technically slightly positive for the medium long term.
 
Today's positive candidate - London
ENTERPRISE INNS (ETI) - Price: 42.00, 3 Feb.
ENTERPRISE INNS has broken the ceiling of the falling trend, which indicates a slower initial falling rate. Has built a double bottom formation and given signal of further rise to 54.00. On reactions back, there is now support at 40.75. The stock has broken up through the resistance at pence 40.00. This predicts a further rise. RSI is overbought. The stock can still rise further, and we should see a decreasing RSI before this is used as a negative signal. The RSI curve shows a rising trend, which could be an early signal for the start of a rising trend. The stock is overall assessed as technically positive for the medium long term.
The medium long term: Positive candidate
Technical Stock Analysis
 
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Indices Changes
AEX1.01%326.33
ATX2.46%2217.20
CAC401.52%3427.92
COMPX1.61%2905.66
DAX1.67%6766.67
DJX1.23%12862
HEX1.33%6022.15
N1001.52%636.79
OMXC202.10%432.89
OMXS301.18%1078.66
OSEBX1.18%409.91
PSI201.81%5490.65
TECDAX1.40%771.75
UKX1.81%5901.07
VIX SP500-4.84%17.12
EURUSD-0.31%1.3116
CL (OIL)1.54%97.84
Indices Evaluations
pxl
 shortmediumlong
AEXposnegneutral
ATXneutralneutralneg
CAC40pospospos
COMPXpospospos
DAXposnegneutral
DJXpospospos
HEXpospospos
N100pospospos
OMXC20pospospos
OMXS30pospospos
OSEBXpospospos
PSI20negneutralneg
TECDAXpospospos
UKXposnegneutral
VIX SP500negnegpos
EURUSDneutralnegneg
CL (OIL)negneutralpos

The short term
The medium long term
The long term
Stock Exchange Barometer
London - The medium long term
11%82%8%
382 Positive candidates
2896 Watch candidates
268 Negative candidates

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