Londinia Opportunities Analyses - 05/06/2024 (GMT) LINEA DIRECTA - 1H

LINEA DIRECTA
- EUR (-)
- 15 min delayed data - Spain Stocks
Type: Stocks
Ticker: LDA
ISIN: ES0105546008

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
89%
0%
11%
My opinion
Bullish above 1.026 EUR
My targets
1.054 EUR (+1.54%)
1.137 EUR (+9.51%)
My analysis
LINEA DIRECTA 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 1.026 EUR. The next resistance located at 1.054 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 1.137 EUR. After this resistance, buyers could then target 1.202 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
8.9

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 LINEA DIRECTA price is 1.038 EUR. The price has increased by +0.78% since the last closing and was between 1.034 EUR and 1.046 EUR. This implies that the price is at +0.39% from its lowest and at -0.76% from its highest.

1.034
1.046
1.038

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by LINEA DIRECTA:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

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


Technical analysis of LINEA DIRECTA in 1H shows a strongly overall 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 scanner does not detect any result on moving averages that would impact this trend.

In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.972 0.995 1.026 1.038 1.054 1.202 1.523
Change (%) -6.36% -4.14% -1.16% - +1.54% +15.80% +46.72%
Change -0.066 -0.043 -0.012 - +0.016 +0.164 +0.485
Level Intermediate Major Minor - Intermediate Minor Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.9891.0031.0171.0311.0451.0591.073
Camarilla1.0221.0251.0271.0301.0331.0351.038
Woodie0.9881.0031.0161.0311.0441.0591.072
Fibonacci1.0031.0141.0211.0311.0421.0491.059


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.9150.9470.9891.0211.0631.0951.137
Camarilla1.0101.0161.0231.0301.0371.0441.050
Woodie0.9190.9500.9931.0241.0671.0981.141
Fibonacci0.9470.9760.9931.0211.0501.0671.095


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.7610.8280.9200.9871.0791.1461.238
Camarilla0.9680.9830.9971.0121.0271.0411.056
Woodie0.7740.8340.9330.9931.0921.1521.251
Fibonacci0.8280.8890.9260.9871.0481.0851.146

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): 64.13
MACD (12,26,9): 0.0080
Directional Movement: 16.607
AROON (14): 7.142
DEMA (21): 1.036
Parabolic SAR (0,02-0,02-0,2): 1.004
Elder Ray (13): 0.008
Super Trend (3,10): 1.011
Zig ZAG (10): 1.040
VORTEX (21): 1.1090
Stochastique (14,3,5): 74.07
TEMA (21): 1.037
Williams %R (14): -16.67
Chande Momentum Oscillator (20): 0.024
Repulse (5,40,3): 0.3940
ROCnROLL: 1
TRIX (15,9): 0.0950
Courbe Coppock: 4.11
MA7: 1.006
MA20: 0.970
MA50: 0.922
MA100: 0.917
MAexp7: 1.034
MAexp20: 1.026
MAexp50: 1.012
MAexp100: 0.993
Price / MA7: +3.18%
Price / MA20: +7.01%
Price / MA50: +12.58%
Price / MA100: +13.20%
Price / MAexp7: +0.39%
Price / MAexp20: +1.17%
Price / MAexp50: +2.57%
Price / MAexp100: +4.53%

Quotes : - 15 min delayed data - Actions Espagne