Londinia Opportunities Analyses - 04/25/2024 (GMT) VISCOFAN - 1H

- EUR (-)

- 15 min delayed data - Spain Stocks

Type:	Stocks
Ticker:	VIS
ISIN:	ES0184262212

Londinia

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.

Europe Stocks
Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

22%

My opinion

Bullish above 60.6 EUR

My targets

61.6 EUR (+0.82%)

62.6 EUR (+2.45%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on VISCOFAN as long as the price remains well above 60.6 EUR. The buyers' bullish objective is set at 61.6 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 62.6 EUR. If there is any crossing, the next objective would be the resistance located at 65.8 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

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 VISCOFAN price is 61.1 EUR. The price has increased by +0.99% since the last closing and was traded between 60.3 EUR and 61.3 EUR over the period. The price is currently at +1.33% from its lowest and -0.33% from its highest.

60.3

61.3

61.1

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

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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 VISCOFAN 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.

The probability of a further increase is high given the direction of the technical indicators.
The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near support of channel

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	59.0	59.8	60.6	61.1	61.6	62.6	65.8
Change (%)	-3.44%	-2.13%	-0.82%	-	+0.82%	+2.45%	+7.69%
Change	-2.1	-1.3	-0.5	-	+0.5	+1.5	+4.7
Level	Major	Minor	Major	-	Intermediate	Minor	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	58.9	59.6	60.1	60.8	61.3	62.0	62.5
Camarilla	60.2	60.3	60.4	60.5	60.6	60.7	60.8
Woodie	58.7	59.6	59.9	60.8	61.1	62.0	62.3
Fibonacci	59.6	60.1	60.4	60.8	61.3	61.6	62.0

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	55.5	56.5	57.8	58.8	60.1	61.1	62.4
Camarilla	58.5	58.7	58.9	59.1	59.3	59.5	59.7
Woodie	55.7	56.6	58.0	58.9	60.3	61.2	62.6
Fibonacci	56.5	57.4	57.9	58.8	59.7	60.2	61.1

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	47.1	49.7	54.3	56.9	61.5	64.1	68.7
Camarilla	56.9	57.6	58.2	58.9	59.6	60.2	60.9
Woodie	48.1	50.2	55.3	57.4	62.5	64.6	69.7
Fibonacci	49.7	52.5	54.2	56.9	59.7	61.4	64.1

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):	62.80
MACD (12,26,9):	0.3000
Directional Movement:	22.2
AROON (14):	-64.3
DEMA (21):	61.1
Parabolic SAR (0,02-0,02-0,2):	60.3
Elder Ray (13):	0.4
Super Trend (3,10):	60.4
Zig ZAG (10):	61.1
VORTEX (21):	1.2000
Stochastique (14,3,5):	58.10
TEMA (21):	61.0
Williams %R (14):	-33.30
Chande Momentum Oscillator (20):	0.4
Repulse (5,40,3):	-0.1000
ROCnROLL:	1
TRIX (15,9):	0.1000
Courbe Coppock:	0.30

MA7:	59.9
MA20:	58.8
MA50:	57.1
MA100:	55.5
MAexp7:	60.9
MAexp20:	60.7
MAexp50:	60.1
MAexp100:	59.4
Price / MA7:	+2.00%
Price / MA20:	+3.91%
Price / MA50:	+7.01%
Price / MA100:	+10.09%
Price / MAexp7:	+0.33%
Price / MAexp20:	+0.66%
Price / MAexp50:	+1.66%
Price / MAexp100:	+2.86%

Quotes : - 15 min delayed data - Actions Espagne