Londinia Opportunities Analyses - 04/24/2024 (GMT) UNICAJA - 1H

- EUR (-)

- 15 min delayed data - Spain Stocks

Type:	Stocks
Ticker:	UNI
ISIN:	ES0180907000

Londinia

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.

Europe Stocks
Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

22%

My opinion

Bullish above 1.145 EUR

My targets

1.179 EUR (+2.14%)

1.215 EUR (+5.31%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on UNICAJA as long as the price remains well above 1.145 EUR. The buyers' bullish objective is set at 1.179 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.215 EUR. If there is any crossing, the next objective would be the resistance located at 1.278 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

8.2

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.

Additional analysis

Quotes

The UNICAJA price is 1.154 EUR. On the day, this instrument gained +0.00% and was traded between 1.146 EUR and 1.155 EUR over the period. The price is currently at +0.70% from its lowest and -0.09% from its highest.

1.146

1.155

1.154

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

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by UNICAJA:

The study of the highest / lowest by the Central Records scanner shows the following results:

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 UNICAJA chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Piercing line

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	1.076	1.118	1.145	1.154	1.156
Change (%)	-6.76%	-3.12%	-0.78%	-	+0.17%
Change	-0.078	-0.036	-0.009	-	+0.002
Level	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
Standard	1.118	1.126	1.140	1.148	1.162	1.170	1.184
Camarilla	1.148	1.150	1.152	1.154	1.156	1.158	1.160
Woodie	1.121	1.128	1.143	1.150	1.165	1.172	1.187
Fibonacci	1.126	1.134	1.140	1.148	1.156	1.162	1.170

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.981	1.017	1.080	1.116	1.179	1.215	1.278
Camarilla	1.115	1.124	1.133	1.142	1.151	1.160	1.169
Woodie	0.994	1.024	1.093	1.123	1.192	1.222	1.291
Fibonacci	1.017	1.055	1.079	1.116	1.154	1.178	1.215

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.782	0.845	0.971	1.034	1.160	1.223	1.349
Camarilla	1.044	1.061	1.079	1.096	1.113	1.131	1.148
Woodie	0.813	0.861	1.002	1.050	1.191	1.239	1.380
Fibonacci	0.845	0.918	0.962	1.034	1.107	1.151	1.223

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):	60.37
MACD (12,26,9):	0.0040
Directional Movement:	10.606
AROON (14):	-21.429
DEMA (21):	1.150
Parabolic SAR (0,02-0,02-0,2):	1.135
Elder Ray (13):	0.005
Super Trend (3,10):	1.155
Zig ZAG (10):	1.153
VORTEX (21):	1.0590
Stochastique (14,3,5):	83.33
TEMA (21):	1.149
Williams %R (14):	-9.09
Chande Momentum Oscillator (20):	0.006
Repulse (5,40,3):	0.7650
ROCnROLL:	1
TRIX (15,9):	0.0550
Courbe Coppock:	0.08

MA7:	1.135
MA20:	1.113
MA50:	1.015
MA100:	0.946
MAexp7:	1.149
MAexp20:	1.144
MAexp50:	1.135
MAexp100:	1.122
Price / MA7:	+1.67%
Price / MA20:	+3.68%
Price / MA50:	+13.69%
Price / MA100:	+21.99%
Price / MAexp7:	+0.44%
Price / MAexp20:	+0.87%
Price / MAexp50:	+1.67%
Price / MAexp100:	+2.85%

Quotes : - 15 min delayed data - Actions Espagne