CELLNEX
-
EUR
(-)
- 15 min delayed data - Spain Stocks
| Open: | - |
| Change: | - |
| Volume: | - |
| Low: | - |
| High: | - |
| High / Low range: | - |
| Type: | Stocks |
| Ticker: | CLNX |
| ISIN: | ES0105066007 |
CELLNEX - 1H - Technical analysis published on 07/28/2023 (GMT)
- 359
- 0
- 07/28/2023 - 12:03
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- Timeframe : 1H
- - Analysis generated on 07/28/2023 - 12:03
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
6%
6%
My opinion
Bullish above 37.88 EUR
My targets
38.57 EUR (+0.65%)
39.55 EUR (+3.20%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CELLNEX as long as the price remains well above 37.88 EUR. The buyers' bullish objective is set at 38.57 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 39.55 EUR. If there is any crossing, the next objective would be the resistance located at 46.13 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
8.4
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.
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CELLNEX rating is 38.32 EUR. On the day, this instrument gained +4.19% and was between 37.82 EUR and 38.82 EUR. This implies that the price is at +1.32% from its lowest and at -1.29% from its highest.37.82
38.82
38.32
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CELLNEX:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of CELLNEX indicates that the overall trend is strongly bullish. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 37.32 | 37.59 | 37.88 | 38.32 | 38.57 | 46.13 | 52.67 |
| Change (%) | -2.61% | -1.91% | -1.15% | - | +0.65% | +20.38% | +37.45% |
| Change | -1.00 | -0.73 | -0.44 | - | +0.25 | +7.81 | +14.35 |
| Level | Intermediate | Intermediate | Minor | - | Major | Minor | 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 | 34.55 | 35.28 | 36.03 | 36.76 | 37.51 | 38.24 | 38.99 |
| Camarilla | 36.37 | 36.51 | 36.64 | 36.78 | 36.92 | 37.05 | 37.19 |
| Woodie | 34.56 | 35.29 | 36.04 | 36.77 | 37.52 | 38.25 | 39.00 |
| Fibonacci | 35.28 | 35.85 | 36.20 | 36.76 | 37.33 | 37.68 | 38.24 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 34.12 | 35.09 | 35.93 | 36.90 | 37.74 | 38.71 | 39.55 |
| Camarilla | 36.26 | 36.43 | 36.59 | 36.76 | 36.93 | 37.09 | 37.26 |
| Woodie | 34.05 | 35.06 | 35.86 | 36.87 | 37.67 | 38.68 | 39.48 |
| Fibonacci | 35.09 | 35.79 | 36.21 | 36.90 | 37.60 | 38.02 | 38.71 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 31.93 | 33.50 | 35.25 | 36.82 | 38.57 | 40.14 | 41.89 |
| Camarilla | 36.08 | 36.38 | 36.69 | 36.99 | 37.29 | 37.60 | 37.90 |
| Woodie | 32.01 | 33.55 | 35.33 | 36.87 | 38.65 | 40.19 | 41.97 |
| Fibonacci | 33.50 | 34.77 | 35.56 | 36.82 | 38.09 | 38.88 | 40.14 |
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): | 69.88 | |
| MACD (12,26,9): | 0.4900 | |
| Directional Movement: | 28.65 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 37.77 | |
| Parabolic SAR (0,02-0,02-0,2): | 37.20 | |
| Elder Ray (13): | 0.77 | |
| Super Trend (3,10): | 37.07 | |
| Zig ZAG (10): | 38.32 | |
| VORTEX (21): | 1.1300 | |
| Stochastique (14,3,5): | 83.27 | |
| TEMA (21): | 38.21 | |
| Williams %R (14): | -17.79 | |
| Chande Momentum Oscillator (20): | 1.86 | |
| Repulse (5,40,3): | -0.0300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1000 | |
| Courbe Coppock: | 8.54 |
| MA7: | 36.87 | |
| MA20: | 36.88 | |
| MA50: | 36.99 | |
| MA100: | 36.86 | |
| MAexp7: | 37.96 | |
| MAexp20: | 37.25 | |
| MAexp50: | 36.88 | |
| MAexp100: | 36.80 | |
| Price / MA7: | +3.93% | |
| Price / MA20: | +3.90% | |
| Price / MA50: | +3.60% | |
| Price / MA100: | +3.96% | |
| Price / MAexp7: | +0.95% | |
| Price / MAexp20: | +2.87% | |
| Price / MAexp50: | +3.90% | |
| Price / MAexp100: | +4.13% |
Quotes :
07/28/2023 - 11:47
-
15 min delayed data
-
Spain Stocks
News
Don't forget to follow the news on CELLNEX. At the time of publication of this analysis, the latest news was as follows:
- 07/28/2023 - 08:50 EQS-Adhoc: The company announces information regarding the issuance of a convertible bond and the repurchase of convertible bonds
- 03/21/2022 - 16:40 Phoenix Tower International to acquire over 3,200 towers from Cellnex Telecom in France
-
02/13/2017 - 04:22
Cellnex Telecom
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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