Wed 12'th Dec 2018

PERIOD 2018-09-13 - 2018-12-12
CHANGE 0.82%




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Diageo plc Stock Analysis

Technical stock analysis for Wed 12'th Dec 2018

Buy candidate since 2018-12-07 Gain 1.36%
Shorts 0.80% ( 2018-11-15 )
Cash n/a
Loans n/a
Beta 0.62
ROA 9.24

Diageo plc gained 0.82% in the last trading day, rising from $142.05 to $143.21 , and has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. The price has been going up and down for this period, and there has been a -1.38% loss for the last 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 128 735 more shares were traded than the day before. In total, 446 508 shares bought and sold for approximately $63.94 million.


Diageo plc lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 3.35% during the next 3 months and, with 90% probability hold a price between $139.77 and $152.62 at the end of this period.

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Only positive signals in the chart today. Diageo plc holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $142.75 and $141.59. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday December 07, 2018, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal.

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Relative Strength Index (RSI)

RSI14 is 50 and the stock is currently not being overbought or oversold

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Support & Resistance

Diageo plc finds support from accumulated volume at $140.43.

Support: $140.43 Price: $143.21 Resistance: $143.24


This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $1.64 (1.15%) between high and low. For the last week, the stock has had a daily average volatility of 1.45%.

Our recommended stoploss: $135.11 (-5.66%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 3 days ago.)

Overall risk:

Very Low Low Medium High Very High


Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term.

Weaker Buy Today DEO ranks #160 as BUY CANDIDATE. Stronger Buy
Today DEO ranks #160 as BUY CANDIDATE.