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 03/01/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

28%

33%

39%

My opinion

Bearish under 33.50 EUR

My targets

32.89 EUR (-1.11%)

32.48 EUR (-2.35%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on CELLNEX. As long as you are under the resistance located at 33.50 EUR, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 32.89 EUR would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 32.48 EUR as an objective. Crossing it would then enable sellers to target 32.05 EUR. If the resistance 33.50 EUR were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

Comment on the analysis

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.

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Additional analysis

Quotes

CELLNEX rating 33.26 EUR. On the day, this instrument lost -0.03% and was traded between 33.07 EUR and 34.10 EUR over the period. The price is currently at +0.57% from its lowest and -2.46% from its highest.

33.07

34.10

33.26

A study of price movements over other periods shows the following variations:

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

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 5 days

Technical

Technical analysis of CELLNEX in 1H shows an overall bearish trend. 67.86% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 7 are neutral and 6 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	32.05	32.48	32.89	33.26	33.50	33.96	34.61
Change (%)	-3.64%	-2.35%	-1.11%	-	+0.72%	+2.10%	+4.06%
Change	-1.21	-0.78	-0.37	-	+0.24	+0.70	+1.35
Level	Minor	Major	Major	-	Intermediate	Intermediate	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	31.40	31.92	32.60	33.12	33.80	34.32	35.00
Camarilla	32.94	33.05	33.16	33.27	33.38	33.49	33.60
Woodie	31.47	31.96	32.67	33.16	33.87	34.36	35.07
Fibonacci	31.92	32.38	32.67	33.12	33.58	33.87	34.32

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	31.24	31.87	33.01	33.64	34.78	35.41	36.55
Camarilla	33.66	33.83	33.99	34.15	34.31	34.48	34.64
Woodie	31.50	32.00	33.27	33.77	35.04	35.54	36.81
Fibonacci	31.87	32.55	32.96	33.64	34.32	34.73	35.41

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	27.36	29.70	31.49	33.83	35.62	37.96	39.75
Camarilla	32.13	32.51	32.89	33.27	33.65	34.03	34.41
Woodie	27.08	29.56	31.21	33.69	35.34	37.82	39.47
Fibonacci	29.70	31.28	32.26	33.83	35.41	36.39	37.96

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	45.44
MACD (12,26,9):	-0.0600
Directional Movement:	0.82
AROON (14):	78.57
DEMA (21):	33.32
Parabolic SAR (0,02-0,02-0,2):	34.08
Elder Ray (13):	-0.13
Super Trend (3,10):	32.74
Zig ZAG (10):	33.26
VORTEX (21):	0.9800
Stochastique (14,3,5):	52.14
TEMA (21):	33.38
Williams %R (14):	-61.76
Chande Momentum Oscillator (20):	0.24
Repulse (5,40,3):	-1.0600
ROCnROLL:	2
TRIX (15,9):	-0.0600
Courbe Coppock:	2.91

MA7:	33.79
MA20:	33.49
MA50:	34.50
MA100:	33.18
MAexp7:	33.44
MAexp20:	33.43
MAexp50:	33.57
MAexp100:	33.64
Price / MA7:	-1.57%
Price / MA20:	-0.69%
Price / MA50:	-3.59%
Price / MA100:	+0.24%
Price / MAexp7:	-0.54%
Price / MAexp20:	-0.51%
Price / MAexp50:	-0.92%
Price / MAexp100:	-1.13%

Quotes : - 15 min delayed data - Spain Stocks

News

The last news published on CELLNEX at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia AI

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