Londinia Opportunities Analyses - 04/25/2024 (GMT) GRIFOLS S.A. ADS - 1H

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Type:	Stocks
Ticker:	GRFS
ISIN:

Londinia

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

U.S. Stocks
Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

78%

17%

My opinion

Bearish under 6.25 USD

My targets

5.95 USD (-3.41%)

5.80 USD (-5.84%)

My analysis

GRIFOLS S.A. ADS 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 6.25 USD. The next support located at 5.95 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 5.80 USD. Below this support, sellers could then target 5.47 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.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.

Force

8.4

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

GRIFOLS S.A. ADS rating 6.16 USD. The price registered a decrease of -3.60% on the session with the lowest point at 6.13 USD and the highest point at 6.33 USD. The deviation from the price is +0.49% for the low point and -2.69% for the high point.

6.13

6.33

6.16

So that you have an overall view of the price change, here is a table showing the variations over several periods:

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

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of GRIFOLS S.A. ADS in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : 1 hour

In fact, 14 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour

Aroon indicator bearish trend

Type : Bearish

Timeframe : 1 hour

The analysis of the price chart with Central Patterns scanners does not return any result.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	5.47	5.80	5.95	6.16	6.25	6.43	6.76
Change (%)	-11.20%	-5.84%	-3.41%	-	+1.46%	+4.38%	+9.74%
Change	-0.69	-0.36	-0.21	-	+0.09	+0.27	+0.60
Level	Intermediate	Minor	Major	-	Major	Major	Intermediate

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	6.16	6.22	6.31	6.37	6.46	6.52	6.61
Camarilla	6.35	6.36	6.38	6.39	6.40	6.42	6.43
Woodie	6.17	6.23	6.32	6.38	6.47	6.53	6.62
Fibonacci	6.22	6.28	6.32	6.37	6.43	6.47	6.52

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	5.52	5.89	6.09	6.46	6.66	7.03	7.23
Camarilla	6.12	6.18	6.23	6.28	6.33	6.39	6.44
Woodie	5.43	5.85	6.00	6.42	6.57	6.99	7.14
Fibonacci	5.89	6.11	6.25	6.46	6.68	6.82	7.03

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3.68	4.49	5.59	6.40	7.50	8.31	9.41
Camarilla	6.16	6.33	6.51	6.68	6.86	7.03	7.21
Woodie	3.82	4.56	5.73	6.47	7.64	8.38	9.55
Fibonacci	4.49	5.22	5.67	6.40	7.13	7.58	8.31

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	37.82
MACD (12,26,9):	-0.0400
Directional Movement:	-8.65
AROON (14):	-92.86
DEMA (21):	6.31
Parabolic SAR (0,02-0,02-0,2):	6.54
Elder Ray (13):	-0.09
Super Trend (3,10):	6.52
Zig ZAG (10):	6.17
VORTEX (21):	0.8400
Stochastique (14,3,5):	13.75
TEMA (21):	6.31
Williams %R (14):	-93.46
Chande Momentum Oscillator (20):	-0.32
Repulse (5,40,3):	-2.4500
ROCnROLL:	2
TRIX (15,9):	-0.0700
Courbe Coppock:	2.16

MA7:	6.39
MA20:	6.69
MA50:	7.00
MA100:	8.09
MAexp7:	6.27
MAexp20:	6.37
MAexp50:	6.46
MAexp100:	6.54
Price / MA7:	-3.60%
Price / MA20:	-7.92%
Price / MA50:	-12.00%
Price / MA100:	-23.86%
Price / MAexp7:	-1.75%
Price / MAexp20:	-3.30%
Price / MAexp50:	-4.64%
Price / MAexp100:	-5.81%

Quotes : - 15 min delayed data - Actions NASDAQ

News

The last news published on GRIFOLS S.A. ADS at the time of the generation of this analysis was as follows: