GRIFOLS
GRIFOLS
- EUR (-)
- 15 min delayed data - Spain Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: GRF
ISIN: ES0171996087

GRIFOLS - 1H - Technical analysis published on 01/04/2024 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
50%
28%
22%
My opinion
Bullish above 14.515 EUR
My targets
15.155 EUR (+2.40%)
15.729 EUR (+6.28%)
My analysis
The basic bullish trend is very strong on GRIFOLS but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 14.515 EUR. Crossing the first resistance at 15.155 EUR would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 15.729 EUR as an objective. Crossing it would then enable buyers to target 20.754 EUR. Caution, a return to below 14.515 EUR would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
5

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The GRIFOLS rating is 14.800 EUR. The price has increased by +2.35% since the last closing and was traded between 14.520 EUR and 14.930 EUR over the period. The price is currently at +1.93% from its lowest and -0.87% from its highest.

14.520
14.930
14.800

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by GRIFOLS:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this GRIFOLS chart shows a strongly bullish trend. 82.14% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour



In fact, of the 18 technical indicators analysed by Central Analyzer, 9 are bullish, 4 are neutral and 5 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 13.680 14.093 14.515 14.800 15.729 20.754 26.853
Change (%) -7.57% -4.78% -1.93% - +6.28% +40.23% +81.44%
Change -1.120 -0.707 -0.285 - +0.929 +5.954 +12.053
Level Minor Major Major - Major Major Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13.76514.09014.27514.60014.78515.11015.295
Camarilla14.32014.36714.41314.46014.50714.55414.600
Woodie13.69514.05514.20514.56514.71515.07515.225
Fibonacci14.09014.28514.40514.60014.79514.91515.110


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12.56013.32514.39015.15516.22016.98518.050
Camarilla14.95215.12015.28715.45515.62315.79115.958
Woodie12.71013.40014.54015.23016.37017.06018.200
Fibonacci13.32514.02414.45615.15515.85416.28616.985


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard10.32711.53813.49714.70816.66717.87819.837
Camarilla14.58314.87415.16415.45515.74616.03616.327
Woodie10.70011.72513.87014.89517.04018.06520.210
Fibonacci11.53812.74913.49714.70815.91916.66717.878

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 51.67
MACD (12,26,9): -0.0580
Directional Movement: 3.898
AROON (14): -78.571
DEMA (21): 14.719
Parabolic SAR (0,02-0,02-0,2): 14.425
Elder Ray (13): 0.073
Super Trend (3,10): 15.029
Zig ZAG (10): 14.810
VORTEX (21): 0.8410
Stochastique (14,3,5): 39.99
TEMA (21): 14.575
Williams %R (14): -35.83
Chande Momentum Oscillator (20): -0.120
Repulse (5,40,3): 0.6310
ROCnROLL: 1
TRIX (15,9): -0.0140
Courbe Coppock: 6.72
MA7: 14.609
MA20: 14.229
MA50: 12.866
MA100: 12.633
MAexp7: 14.664
MAexp20: 14.764
MAexp50: 14.692
MAexp100: 14.479
Price / MA7: +1.31%
Price / MA20: +4.01%
Price / MA50: +15.03%
Price / MA100: +17.15%
Price / MAexp7: +0.93%
Price / MAexp20: +0.24%
Price / MAexp50: +0.74%
Price / MAexp100: +2.22%

Quotes : - 15 min delayed data - Spain Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

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