Londinia Opportunities Analyses - 04/25/2024 (GMT) GRIFOLS - 1H
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EUR
(-)
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15 min delayed data - Spain Stocks
| Type: | Stocks |
| Ticker: | GRF |
| ISIN: | ES0171996087 |
- Europe Stocks
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
6%
83%
11%
My opinion
Bearish under 8.213 EUR
My targets
7.710 EUR (-4.20%)
7.344 EUR (-8.75%)
My analysis
The bearish trend is currently very strong for GRIFOLS. As long as the price remains below the resistance at 8.213 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 7.710 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 7.344 EUR as an objective. Crossing it would then enable sellers to target 6.898 EUR. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
8.6
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Additional analysis
Quotes
GRIFOLS rating 8.048 EUR. On the day, this instrument lost -3.92% and was traded between 8.006 EUR and 8.556 EUR over the period. The price is currently at +0.52% from its lowest and -5.94% from its highest.8.006
8.556
8.048
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of GRIFOLS 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. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Moving Average bearish crossovers : MA20 & MA50
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators shows a strong bearish signal.
Caution: the Central Indicators scanner currently detects an excess:
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
Pivot points : price is under support 2
Type : Neutral
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
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 | 6.898 | 7.710 | 8.030 | 8.048 | 8.213 | 8.421 | 8.938 |
| Change (%) | -14.29% | -4.20% | -0.22% | - | +2.05% | +4.63% | +11.06% |
| Change | -1.150 | -0.338 | -0.018 | - | +0.165 | +0.373 | +0.890 |
| Level | Major | Minor | Major | - | Major | Intermediate | 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 | 7.793 | 8.061 | 8.219 | 8.487 | 8.645 | 8.913 | 9.071 |
| Camarilla | 8.259 | 8.298 | 8.337 | 8.376 | 8.415 | 8.454 | 8.493 |
| Woodie | 7.737 | 8.034 | 8.163 | 8.460 | 8.589 | 8.886 | 9.015 |
| Fibonacci | 8.061 | 8.224 | 8.325 | 8.487 | 8.650 | 8.751 | 8.913 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.344 | 7.782 | 8.064 | 8.502 | 8.784 | 9.222 | 9.504 |
| Camarilla | 8.148 | 8.214 | 8.280 | 8.346 | 8.412 | 8.478 | 8.544 |
| Woodie | 7.266 | 7.743 | 7.986 | 8.463 | 8.706 | 9.183 | 9.426 |
| Fibonacci | 7.782 | 8.057 | 8.227 | 8.502 | 8.777 | 8.947 | 9.222 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.821 | 5.091 | 6.715 | 7.985 | 9.609 | 10.879 | 12.503 |
| Camarilla | 7.542 | 7.807 | 8.073 | 8.338 | 8.603 | 8.869 | 9.134 |
| Woodie | 3.997 | 5.180 | 6.891 | 8.074 | 9.785 | 10.968 | 12.679 |
| Fibonacci | 5.091 | 6.197 | 6.880 | 7.985 | 9.091 | 9.774 | 10.879 |
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): | 32.74 | |
| MACD (12,26,9): | -0.0640 | |
| Directional Movement: | -8.751 | |
| AROON (14): | -92.857 | |
| DEMA (21): | 8.302 | |
| Parabolic SAR (0,02-0,02-0,2): | 8.545 | |
| Elder Ray (13): | -0.253 | |
| Super Trend (3,10): | 8.470 | |
| Zig ZAG (10): | 8.070 | |
| VORTEX (21): | 0.7630 | |
| Stochastique (14,3,5): | 13.74 | |
| TEMA (21): | 8.244 | |
| Williams %R (14): | -96.00 | |
| Chande Momentum Oscillator (20): | -0.402 | |
| Repulse (5,40,3): | -4.5220 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0450 | |
| Courbe Coppock: | 5.93 |
| MA7: | 8.442 | |
| MA20: | 8.676 | |
| MA50: | 8.913 | |
| MA100: | 10.395 | |
| MAexp7: | 8.201 | |
| MAexp20: | 8.373 | |
| MAexp50: | 8.456 | |
| MAexp100: | 8.534 | |
| Price / MA7: | -4.67% | |
| Price / MA20: | -7.24% | |
| Price / MA50: | -9.70% | |
| Price / MA100: | -22.58% | |
| Price / MAexp7: | -1.87% | |
| Price / MAexp20: | -3.88% | |
| Price / MAexp50: | -4.82% | |
| Price / MAexp100: | -5.69% |
Quotes :
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15 min delayed data
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Actions Espagne
News
The last news published on GRIFOLS at the time of the generation of this analysis was as follows:
- Grifols 2023 Annual Report on Form 20-F filed with the SEC
- Grifols Celebrates 50 Years of Manufacturing Life-Changing Plasma-Derived Medicines for Patients at Flagship Site in Clayton, N.C.
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Grifols S.A. - GRFS
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Grifols S.A. - GRFS
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Grifols S.A. - GRFS