Londinia Opportunities Analyses - 04/26/2024 (GMT) SERI INDUSTRIAL - 1H
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EUR
(-)
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15 min delayed data - Italy Stocks
| Type: | Stocks |
| Ticker: | SERI |
| ISIN: | IT0005283640 |
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
67%
6%
28%
My opinion
Bullish above 3.988 EUR
My targets
4.092 EUR (+1.28%)
4.300 EUR (+6.44%)
My analysis
SERI INDUSTRIAL is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 3.988 EUR. The next resistance located at 4.092 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 4.300 EUR. After this resistance, buyers could then target 4.820 EUR. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8
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Additional analysis
Quotes
The SERI INDUSTRIAL rating is 4.040 EUR. The price registered an increase of +2.02% on the session and was traded between 3.940 EUR and 4.095 EUR over the period. The price is currently at +2.54% from its lowest and -1.34% from its highest.3.940
4.095
4.040
A study of price movements over other periods shows the following variations:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of this 1H chart of SERI INDUSTRIAL indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 12 technical indicators on 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 3.502 | 3.665 | 4.020 | 4.040 | 4.300 | 4.820 | 6.188 |
| Change (%) | -13.32% | -9.28% | -0.50% | - | +6.44% | +19.31% | +53.17% |
| Change | -0.538 | -0.375 | -0.020 | - | +0.260 | +0.780 | +2.148 |
| Level | Major | Intermediate | Intermediate | - | Intermediate | Intermediate | Minor |
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 | 3.433 | 3.587 | 3.773 | 3.927 | 4.113 | 4.267 | 4.453 |
| Camarilla | 3.867 | 3.898 | 3.929 | 3.960 | 3.991 | 4.022 | 4.054 |
| Woodie | 3.450 | 3.595 | 3.790 | 3.935 | 4.130 | 4.275 | 4.470 |
| Fibonacci | 3.587 | 3.717 | 3.797 | 3.927 | 4.057 | 4.137 | 4.267 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.482 | 2.768 | 3.092 | 3.378 | 3.702 | 3.988 | 4.312 |
| Camarilla | 3.247 | 3.303 | 3.359 | 3.415 | 3.471 | 3.527 | 3.583 |
| Woodie | 2.500 | 2.778 | 3.110 | 3.388 | 3.720 | 3.998 | 4.330 |
| Fibonacci | 2.768 | 3.001 | 3.145 | 3.378 | 3.611 | 3.755 | 3.988 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.557 | 1.903 | 2.402 | 2.748 | 3.247 | 3.593 | 4.092 |
| Camarilla | 2.668 | 2.745 | 2.823 | 2.900 | 2.978 | 3.055 | 3.132 |
| Woodie | 1.633 | 1.941 | 2.478 | 2.786 | 3.323 | 3.631 | 4.168 |
| Fibonacci | 1.903 | 2.226 | 2.426 | 2.748 | 3.071 | 3.271 | 3.593 |
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): | 66.46 | |
| MACD (12,26,9): | 0.1140 | |
| Directional Movement: | 20.445 | |
| AROON (14): | 50.000 | |
| DEMA (21): | 3.969 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.068 | |
| Elder Ray (13): | 0.048 | |
| Super Trend (3,10): | 3.758 | |
| Zig ZAG (10): | 3.960 | |
| VORTEX (21): | 1.2560 | |
| Stochastique (14,3,5): | 61.17 | |
| TEMA (21): | 4.009 | |
| Williams %R (14): | -30.00 | |
| Chande Momentum Oscillator (20): | 0.190 | |
| Repulse (5,40,3): | 1.4030 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.4600 | |
| Courbe Coppock: | 14.42 |
| MA7: | 3.645 | |
| MA20: | 3.349 | |
| MA50: | 2.933 | |
| MA100: | 3.007 | |
| MAexp7: | 3.930 | |
| MAexp20: | 3.819 | |
| MAexp50: | 3.651 | |
| MAexp100: | 3.503 | |
| Price / MA7: | +10.84% | |
| Price / MA20: | +20.63% | |
| Price / MA50: | +37.74% | |
| Price / MA100: | +34.35% | |
| Price / MAexp7: | +2.80% | |
| Price / MAexp20: | +5.79% | |
| Price / MAexp50: | +10.65% | |
| Price / MAexp100: | +15.33% |
Quotes :
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