GASOL - 1H - Technical analysis published on 11/08/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
28%
44%
28%
My opinion
Bearish under 2.6571 USD
My targets
2.6157 USD (-0.76%)
2.5235 USD (-4.26%)
My analysis
In the short term, we can see an acceleration in the bearish trend on GASOL, which is a positive signal for sellers. As long as the price remains above 2.6571 USD, a sale could be considered. The first bearish objective is located at 2.6157 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 2.5235 USD as an objective. Crossing it would then enable sellers to target 2.4111 USD. If the price were to return above 2.6571 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.2
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This analysis was given by vishr. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GASOL price is 2.6357 USD. The price is lower by -0.04% since the last closing with the lowest point at 2.6250 USD and the highest point at 2.6386 USD. The deviation from the price is +0.41% for the low point and -0.11% for the high point.2.6250
2.6386
2.6357
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of GASOL indicates that the overall trend is bearish. 78.57% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
On the 18 technical indicators analysed, 5 are bullish, 5 are neutral and 8 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.4111 | 2.5235 | 2.6157 | 2.6357 | 2.6571 | 2.7054 | 2.7585 |
| Change (%) | -8.52% | -4.26% | -0.76% | - | +0.81% | +2.64% | +4.66% |
| Change | -0.2246 | -0.1122 | -0.0200 | - | +0.0214 | +0.0697 | +0.1228 |
| Level | Minor | Major | Intermediate | - | Intermediate | Major | Minor |
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 | 2.5000 | 2.5551 | 2.5890 | 2.6441 | 2.6780 | 2.7331 | 2.7670 |
| Camarilla | 2.5985 | 2.6067 | 2.6148 | 2.6230 | 2.6312 | 2.6393 | 2.6475 |
| Woodie | 2.4895 | 2.5498 | 2.5785 | 2.6388 | 2.6675 | 2.7278 | 2.7565 |
| Fibonacci | 2.5551 | 2.5891 | 2.6101 | 2.6441 | 2.6781 | 2.6991 | 2.7331 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.2039 | 2.3431 | 2.5389 | 2.6781 | 2.8739 | 3.0131 | 3.2089 |
| Camarilla | 2.6427 | 2.6734 | 2.7041 | 2.7348 | 2.7655 | 2.7962 | 2.8269 |
| Woodie | 2.2323 | 2.3573 | 2.5673 | 2.6923 | 2.9023 | 3.0273 | 3.2373 |
| Fibonacci | 2.3431 | 2.4710 | 2.5501 | 2.6781 | 2.8060 | 2.8851 | 3.0131 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.5618 | 1.7960 | 2.1952 | 2.4294 | 2.8286 | 3.0628 | 3.4620 |
| Camarilla | 2.4203 | 2.4784 | 2.5364 | 2.5945 | 2.6526 | 2.7106 | 2.7687 |
| Woodie | 1.6444 | 1.8373 | 2.2778 | 2.4707 | 2.9112 | 3.1041 | 3.5446 |
| Fibonacci | 1.7960 | 2.0379 | 2.1874 | 2.4294 | 2.6713 | 2.8208 | 3.0628 |
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): | 40.69 | |
| MACD (12,26,9): | -0.0110 | |
| Directional Movement: | -12.6403 | |
| AROON (14): | -50.0000 | |
| DEMA (21): | 2.6387 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.6873 | |
| Elder Ray (13): | -0.0161 | |
| Super Trend (3,10): | 2.6211 | |
| Zig ZAG (10): | 2.6334 | |
| VORTEX (21): | 0.8908 | |
| Stochastique (14,3,5): | 20.62 | |
| TEMA (21): | 2.6380 | |
| Williams %R (14): | -73.82 | |
| Chande Momentum Oscillator (20): | 0.0034 | |
| Repulse (5,40,3): | -0.3738 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0532 | |
| Courbe Coppock: | 0.46 |
| MA7: | 2.6611 | |
| MA20: | 2.4878 | |
| MA50: | 2.2327 | |
| MA100: | 2.3254 | |
| MAexp7: | 2.6407 | |
| MAexp20: | 2.6534 | |
| MAexp50: | 2.6705 | |
| MAexp100: | 2.6663 | |
| Price / MA7: | -0.95% | |
| Price / MA20: | +5.95% | |
| Price / MA50: | +18.05% | |
| Price / MA100: | +13.34% | |
| Price / MAexp7: | -0.19% | |
| Price / MAexp20: | -0.67% | |
| Price / MAexp50: | -1.30% | |
| Price / MAexp100: | -1.15% |
Quotes :
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10 min delayed data
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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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