REPSOL
REPSOL
- EUR (-)
- 15 min delayed data - Spain Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: REP
ISIN: ES0173516115

REPSOL - 1H - Technical analysis published on 03/03/2023 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
50%
17%
33%
My opinion
Bullish above 14.757 EUR
My targets
15.398 EUR (+0.97%)
15.540 EUR (+1.90%)
My analysis
The bullish trend is currently very strong on REPSOL. As long as the price remains above the support at 14.757 EUR, you could try to benefit from the boom. The first bullish objective is located at 15.398 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 15.540 EUR as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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 confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.1

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 REPSOL rating is 15.250 EUR. On the day, this instrument lost -0.20% with the lowest point at 15.200 EUR and the highest point at 15.330 EUR. The deviation from the price is +0.33% for the low point and -0.52% for the high point.

15.200
15.330
15.250

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of REPSOL indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a slightly bullish signal.
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 : Weekly


Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 14.179 14.530 14.757 15.250 15.258 15.398 15.540
Change (%) -7.02% -4.72% -3.23% - +0.05% +0.97% +1.90%
Change -1.071 -0.720 -0.493 - +0.008 +0.148 +0.290
Level Major Minor Intermediate - Intermediate Major Intermediate



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard15.04815.09715.18815.23715.32815.37715.468
Camarilla15.24215.25415.26715.28015.29315.30615.319
Woodie15.07015.10815.21015.24815.35015.38815.490
Fibonacci15.09715.15015.18315.23715.29015.32315.377


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13.91014.22014.53514.84515.16015.47015.785
Camarilla14.67814.73514.79314.85014.90714.96515.022
Woodie13.91314.22114.53814.84615.16315.47115.788
Fibonacci14.22014.45914.60614.84515.08415.23115.470


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12.86713.50814.25714.89815.64716.28817.037
Camarilla14.62314.75014.87815.00515.13215.26015.387
Woodie12.92013.53514.31014.92515.70016.31517.090
Fibonacci13.50814.03914.36714.89815.42915.75716.288

Numerical data


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

Technical indicators
Moving averages

RSI (14): 58.35
MACD (12,26,9): 0.0490
Directional Movement: 13.213
AROON (14): 21.429
DEMA (21): 15.279
Parabolic SAR (0,02-0,02-0,2): 15.181
Elder Ray (13): 0.029
Super Trend (3,10): 15.067
Zig ZAG (10): 15.245
VORTEX (21): 1.0670
Stochastique (14,3,5): 59.64
TEMA (21): 15.275
Williams %R (14): -43.24
Chande Momentum Oscillator (20): 0.025
Repulse (5,40,3): -0.1980
ROCnROLL: 1
TRIX (15,9): 0.0520
Courbe Coppock: 0.63
MA7: 15.061
MA20: 14.988
MA50: 14.914
MA100: 14.297
MAexp7: 15.245
MAexp20: 15.211
MAexp50: 15.120
MAexp100: 15.065
Price / MA7: +1.25%
Price / MA20: +1.75%
Price / MA50: +2.25%
Price / MA100: +6.67%
Price / MAexp7: +0.03%
Price / MAexp20: +0.26%
Price / MAexp50: +0.86%
Price / MAexp100: +1.23%

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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