GASOL - 1H - Technical analysis published on 02/16/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
67%
11%
My opinion
Bearish under 2.6401 USD
My targets
2.5956 USD (-0.54%)
2.5736 USD (-1.38%)
My analysis
GASOL is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 2.6401 USD. The next support located at 2.5956 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 2.5736 USD. Below this support, sellers could then target 2.3286 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
7.5
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Additional analysis
Quotes
The GASOL rating is 2.6096 USD. On the day, this instrument lost -2.52% with the lowest point at 2.6082 USD and the highest point at 2.6114 USD. The deviation from the price is +0.05% for the low point and -0.07% for the high point.2.6082
2.6114
2.6096
Here is a more detailed summary of the historical variations registered by GASOL:
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
A technical analysis in 1H of this GASOL chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:
Moving Average bearish crossovers : MA50 & MA100
Type : Bearish
Timeframe : 1 hour
Moving Average bearish crossovers : AMA50 & AMA100
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : 1 hour
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
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
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.3286 | 2.5736 | 2.5956 | 2.6096 | 2.6401 | 2.7200 | 2.7697 |
| Change (%) | -10.77% | -1.38% | -0.54% | - | +1.17% | +4.23% | +6.14% |
| Change | -0.2810 | -0.0360 | -0.0140 | - | +0.0305 | +0.1104 | +0.1601 |
| Level | Intermediate | Major | Intermediate | - | Intermediate | Minor | Major |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 2.4212 | 2.5055 | 2.5568 | 2.6411 | 2.6924 | 2.7767 | 2.8280 |
| Camarilla | 2.5709 | 2.5833 | 2.5958 | 2.6082 | 2.6206 | 2.6331 | 2.6455 |
| Woodie | 2.4048 | 2.4973 | 2.5404 | 2.6329 | 2.6760 | 2.7685 | 2.8116 |
| Fibonacci | 2.5055 | 2.5573 | 2.5893 | 2.6411 | 2.6929 | 2.7249 | 2.7767 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.4668 | 2.5313 | 2.6349 | 2.6994 | 2.8030 | 2.8675 | 2.9711 |
| Camarilla | 2.6924 | 2.7078 | 2.7232 | 2.7386 | 2.7540 | 2.7694 | 2.7848 |
| Woodie | 2.4865 | 2.5411 | 2.6546 | 2.7092 | 2.8227 | 2.8773 | 2.9908 |
| Fibonacci | 2.5313 | 2.5955 | 2.6352 | 2.6994 | 2.7636 | 2.8033 | 2.8675 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.9417 | 2.0736 | 2.3244 | 2.4563 | 2.7071 | 2.8390 | 3.0898 |
| Camarilla | 2.4700 | 2.5050 | 2.5401 | 2.5752 | 2.6103 | 2.6454 | 2.6804 |
| Woodie | 2.0012 | 2.1033 | 2.3839 | 2.4860 | 2.7666 | 2.8687 | 3.1493 |
| Fibonacci | 2.0736 | 2.2198 | 2.3101 | 2.4563 | 2.6025 | 2.6928 | 2.8390 |
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): | 28.84 | |
| MACD (12,26,9): | -0.0132 | |
| Directional Movement: | -29.7142 | |
| AROON (14): | -35.7143 | |
| DEMA (21): | 2.6596 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.7106 | |
| Elder Ray (13): | -0.0668 | |
| Super Trend (3,10): | 2.6675 | |
| Zig ZAG (10): | 2.6082 | |
| VORTEX (21): | 0.7143 | |
| Stochastique (14,3,5): | 6.09 | |
| TEMA (21): | 2.6540 | |
| Williams %R (14): | -86.36 | |
| Chande Momentum Oscillator (20): | -0.0664 | |
| Repulse (5,40,3): | -1.9267 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0287 | |
| Courbe Coppock: | 2.34 |
| MA7: | 2.6747 | |
| MA20: | 2.5898 | |
| MA50: | 2.3817 | |
| MA100: | 2.3021 | |
| MAexp7: | 2.6418 | |
| MAexp20: | 2.6746 | |
| MAexp50: | 2.6902 | |
| MAexp100: | 2.6917 | |
| Price / MA7: | -2.43% | |
| Price / MA20: | +0.76% | |
| Price / MA50: | +9.57% | |
| Price / MA100: | +13.36% | |
| Price / MAexp7: | -1.22% | |
| Price / MAexp20: | -2.43% | |
| Price / MAexp50: | -3.00% | |
| Price / MAexp100: | -3.05% |
Quotes :
-
10 min delayed data
-
NYMEX Futures
News
Don't forget to follow the news on GASOL. At the time of publication of this analysis, the latest news was as follows:
Spain's NBA champion Pau Gasol retiresThis member declared not having a position on this financial instrument or a related financial instrument.
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