OMX VILNIUS_GI - Daily - Technical analysis published on 05/26/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
22%
39%
39%
My opinion
Bullish above 981.94 EUR
My targets
1,028.74 EUR (+2.15%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 981.94 EUR remains possible. It is advisable to trade OMX VILNIUS_GI with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 981.94 EUR. The next bullish objective for buyers is set at 1,028.74 EUR. A bullish break in this resistance would boost the bullish momentum. PS: if there is a bearish break in the support located at 981.94 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
2
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Additional analysis
Quotes
The OMX VILNIUS_GI rating is 1,007.12 EUR. The price registered a decrease of -0.02% on the session and was traded between 1,004.79 EUR and 1,008.76 EUR over the period. The price is currently at +0.23% from its lowest and -0.16% from its highest.1,004.79
1,008.76
1,007.12
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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 Daily chart of OMX VILNIUS_GI indicates that the overall trend is bullish. The signals given by moving averages are 71.43% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : Daily
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : Daily
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 942.97 | 981.94 | 1,006.27 | 1,007.12 | 1,028.74 |
| Change (%) | -6.37% | -2.50% | -0.08% | - | +2.15% |
| Change | -64.15 | -25.18 | -0.85 | - | +21.62 |
| Level | Minor | Minor | Major | - | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,002.62 | 1,004.41 | 1,005.86 | 1,007.65 | 1,009.10 | 1,010.89 | 1,012.34 |
| Camarilla | 1,006.42 | 1,006.72 | 1,007.01 | 1,007.31 | 1,007.61 | 1,007.90 | 1,008.20 |
| Woodie | 1,002.45 | 1,004.33 | 1,005.69 | 1,007.57 | 1,008.93 | 1,010.81 | 1,012.17 |
| Fibonacci | 1,004.41 | 1,005.65 | 1,006.41 | 1,007.65 | 1,008.89 | 1,009.65 | 1,010.89 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 997.34 | 1,001.38 | 1,004.13 | 1,008.17 | 1,010.92 | 1,014.96 | 1,017.71 |
| Camarilla | 1,005.00 | 1,005.63 | 1,006.25 | 1,006.87 | 1,007.49 | 1,008.12 | 1,008.74 |
| Woodie | 996.69 | 1,001.06 | 1,003.48 | 1,007.85 | 1,010.27 | 1,014.64 | 1,017.06 |
| Fibonacci | 1,001.38 | 1,003.98 | 1,005.58 | 1,008.17 | 1,010.77 | 1,012.37 | 1,014.96 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 973.96 | 983.58 | 1,002.06 | 1,011.68 | 1,030.16 | 1,039.78 | 1,058.26 |
| Camarilla | 1,012.81 | 1,015.39 | 1,017.96 | 1,020.54 | 1,023.12 | 1,025.69 | 1,028.27 |
| Woodie | 978.39 | 985.80 | 1,006.49 | 1,013.90 | 1,034.59 | 1,042.00 | 1,062.69 |
| Fibonacci | 983.58 | 994.31 | 1,000.95 | 1,011.68 | 1,022.41 | 1,029.05 | 1,039.78 |
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): | 48.09 | |
| MACD (12,26,9): | 0.6000 | |
| Directional Movement: | 3.51 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 1,009.85 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,015.63 | |
| Elder Ray (13): | -2.09 | |
| Super Trend (3,10): | 1,002.69 | |
| Zig ZAG (10): | 1,007.12 | |
| VORTEX (21): | 0.9500 | |
| Stochastique (14,3,5): | 31.94 | |
| TEMA (21): | 1,008.53 | |
| Williams %R (14): | -76.48 | |
| Chande Momentum Oscillator (20): | -1.27 | |
| Repulse (5,40,3): | -0.1900 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 0.39 |
| MA7: | 1,008.66 | |
| MA20: | 1,009.96 | |
| MA50: | 1,005.08 | |
| MA100: | 995.39 | |
| MAexp7: | 1,008.61 | |
| MAexp20: | 1,008.68 | |
| MAexp50: | 1,004.59 | |
| MAexp100: | 991.78 | |
| Price / MA7: | -0.15% | |
| Price / MA20: | -0.28% | |
| Price / MA50: | +0.20% | |
| Price / MA100: | +1.18% | |
| Price / MAexp7: | -0.15% | |
| Price / MAexp20: | -0.15% | |
| Price / MAexp50: | +0.25% | |
| Price / MAexp100: | +1.55% |
Quotes :
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15 min delayed data
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NASDAQ EU Indices
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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