Technical Analysis for SRHGF - Shoprite Holdings Lt

Grade Last Price % Change Price Change
grade C 8.53 9.78% 0.7600
SRHGF closed up 9.78 percent on Wednesday, October 9, 2019, on 42 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong N/A N/A Down
See historical SRHGF trend table...

Date Alert Name Type % Chg
1,2,3 Retracement Bearish Bearish Swing Setup 0.00%
Narrow Range Bar Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%
1,2,3 Retracement Bearish Bearish Swing Setup 9.78%
Narrow Range Bar Range Contraction 9.78%
Wide Bands Range Expansion 9.78%
Gapped Up Strength 9.78%
Oversold Stochastic Weakness 9.78%

Older signals for SRHGF ...

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Profile
Shoprite Holdings Limited, an investment holding company, primarily engages in the food retailing business. The company operates through four segments: Supermarkets RSA, Supermarkets Non-RSA, Furniture, and Other Operating segments. It also offers clothing, general merchandise, furniture, bedding, loose carpeting, home entertainment, and floor covering products; and cosmetics, liquors, electrical and household appliances, and soft furnishings. As of July 1, 2018, the company operated 639 Shoprite supermarkets; 221 Checkers supermarkets; 37 Checkers Hyper supermarkets; 400 Usave supermarkets; 430 OK Furniture outlets; 54 House & Home outlets; 440 liquor shops, including 260 under the Shoprite LiquorShop and 180 under the Checkers LiquorShop brand names; and 418 franchise stores under the OK Foods, OK MiniMark, OK Express, Megasave, OK Liquor, and Sentra brand names. It also operates 163 MediRite pharmacies within stores; and 53 Hungry Lion outlets. In addition, the company distributes various pharmaceutical products and surgical equipment to pharmacies, hospitals, clinics, dispensing doctors, and veterinary surgeons. Further, it operates under the OK Power Express brand name. Additionally, the company provides financial, ticketing, and car rental and accommodation services; and stadium management, capacity management, travel management, and access control solutions. It also supplies products to hospitality and catering industries. The company operates in 15 countries across Africa and the Indian Ocean Islands. Shoprite Holdings Limited was founded in 1979 and is based in Brackenfell, South Africa.
Retailing Trade Retailers Pharmaceutical Products Supermarket New Jersey Car Rental Shoprite Travel Management Access Control Solutions Accommodation Services Food Retailing Surgical Equipment Woodbridge Township
Is SRHGF a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 1 bearish and 4 neutral indicators. You may wish to incorporate that into your trading strategies.
Recent News
Indicators
Indicator Value
52 Week High 22.85
52 Week Low 7.49
Average Volume 480
200-Day Moving Average 0.0
50-Day Moving Average 0.0
20-Day Moving Average 11.3385
10-Day Moving Average 9.862
Average True Range 0.7438
ADX 32.87
+DI 32.0643
-DI 67.9174
Chandelier Exit (Long, 3 ATRs ) 13.6386
Chandelier Exit (Short, 3 ATRs ) 9.7214
Upper Bollinger Band 15.6486
Lower Bollinger Band 7.0284
Percent B (%b) 0.17
BandWidth 76.025929
MACD Line -1.9706
MACD Signal Line -1.5619
MACD Histogram -0.4087
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 8.5600
Resistance 3 (R3) 8.5567 8.5433 8.5550
Resistance 2 (R2) 8.5433 8.5357 8.5450 8.5533
Resistance 1 (R1) 8.5367 8.5310 8.5400 8.5400 8.5517
Pivot Point 8.5233 8.5233 8.5250 8.5250 8.5233
Support 1 (S1) 8.5167 8.5157 8.5200 8.5200 8.5083
Support 2 (S2) 8.5033 8.5110 8.5050 8.5067
Support 3 (S3) 8.4967 8.5033 8.5050
Support 4 (S4) 8.5000