Our Thoughts on Diageo plc (NYSE:DEO) (2020-01-02)

REPORTING FOR 2020-01-02 | WCX19.ORG: We have done an in-depth analysis of how DEO has been trading over the last 2 weeks and the past day especially. On its latest session, Diageo plc (NYSE:DEO) opened at 168.04, reaching a high of 168.73 and a low of 167.24 before closing at a price of 168.42. There was a total volume of 240505.

VOLUME INDICATORS FOR DIAGEO PLC (NYSE:DEO): We saw an accumulation-distribution index of 12643.09413, an on-balance volume of 168.42, chaikin money flow of 3.31884 and a force index of 0.7847. There was an ease of movement rating of -0.0002, a volume-price trend of 4.34488 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR DIAGEO PLC (NYSE:DEO): We noted an average true range of 1.16708, bolinger bands of 168.30239, an upper bollinger band of 166.73261, lower bollinger band of 167.24, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 168.00333, high band keltner channel of 167.31333, low band keltner channel of 168.69333, 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 167.24, a donchian channel low band of 167.24, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR DIAGEO PLC (NYSE:DEO): We calculated a Moving Average Convergence Divergence (MACD) of 0.01245, a MACD signal of 0.00692, a MACD difference of 0.00553, a fast Exponential Moving Average (EMA) indicator of 167.24, a slow Exponential Moving Average (EMA) indicator of 167.24, 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 0.0075, a trix of 2.45189, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -4.18958, a KST Oscillator (KST) of 25.69498 and a KST Oscillator (KST Signal) of 25.69498 (leaving a KST difference of 0.85096). We also found an Ichimoku rating of 168.385, an Ichimoku B rating of 168.385, a Ichimoku visual trend A of 164.43339, an Ichimoku visual trend B of 164.92133, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.

MOMENTUM INDICATORS FOR DIAGEO PLC (NYSE:DEO): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 83.96658, a stochastic oscillator of 215.94203, a stochastic oscillator signal of 215.94203, a Williams %R rating of 115.94203 and an awesome oscillator of -0.09083.

RETURNS FOR DIAGEO PLC (NYSE:DEO): There was a daily return of 2.5695, a daily log return of 0.33131 and a cumulative return of 0.33186.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2020-01-02 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Diageo plc (NYSE:DEO)…

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 Diageo plc (NYSE:DEO) 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.