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CELLNEX
CELLNEX
- EUR (-)
- 15 min delayed data - Spain Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: CLNX
ISIN: ES0105066007

CELLNEX - Daily - Technical analysis published on 11/29/2019 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : INVALID

A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 37.92 EUR
My targets
41.33 EUR (+6.77%)
My analysis
The bullish trend is currently very strong on CELLNEX. As long as the price remains above the support at 37.92 EUR, you could try to benefit from the boom. The first bullish objective is located at 41.33 EUR. The bullish momentum would be boosted by a break in this resistance. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
8.2

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.

Vincent Launay
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The CELLNEX rating is 38.71 EUR. On the day, this instrument lost -0.41% with the lowest point at 38.57 EUR and the highest point at 38.99 EUR. The deviation from the price is +0.36% for the low point and -0.72% for the high point.

38.57
38.99
38.71

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 CELLNEX:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of CELLNEX in Daily shows a strongly overall bullish trend. 89.29% 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 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:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Price is back under the pivot point

Type : Bearish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily


Resistance of channel is broken

Type : Bullish

Timeframe : Daily



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


ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 29.60 32.50 37.92 38.71 41.33
Change (%) -23.53% -16.04% -2.04% - +6.77%
Change -9.11 -6.21 -0.79 - +2.62
Level Minor Intermediate Major - Major



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
Standard38.0238.4138.6439.0339.2639.6539.88
Camarilla38.7038.7638.8138.8738.9338.9839.04
Woodie37.9438.3738.5638.9939.1839.6139.80
Fibonacci38.4138.6538.7939.0339.2739.4139.65


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard34.8635.7736.5837.4938.3039.2140.02
Camarilla36.9337.0937.2437.4037.5637.7237.87
Woodie34.8235.7536.5437.4738.2639.1939.98
Fibonacci35.7736.4236.8337.4938.1438.5539.21


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard31.0933.9636.3139.1841.5344.4046.75
Camarilla37.2237.7038.1838.6639.1439.6240.10
Woodie30.8333.8336.0539.0541.2744.2746.49
Fibonacci33.9635.9537.1939.1841.1742.4144.40

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): 54.70
MACD (12,26,9): 0.1700
Directional Movement: 7.42
AROON (14): 64.28
DEMA (21): 38.24
Parabolic SAR (0,02-0,02-0,2): 36.63
Elder Ray (13): 0.55
Super Trend (3,10): 39.48
Zig ZAG (10): 38.73
VORTEX (21): 1.0300
Stochastique (14,3,5): 76.38
TEMA (21): 38.40
Williams %R (14): -30.57
Chande Momentum Oscillator (20): 1.90
Repulse (5,40,3): -0.3800
ROCnROLL: 1
TRIX (15,9): -0.0400
Courbe Coppock: 6.26
MA7: 38.44
MA20: 37.74
MA50: 38.34
MA100: 36.85
MAexp7: 38.52
MAexp20: 38.13
MAexp50: 37.82
MAexp100: 36.46
Price / MA7: +0.70%
Price / MA20: +2.57%
Price / MA50: +0.97%
Price / MA100: +5.05%
Price / MAexp7: +0.49%
Price / MAexp20: +1.52%
Price / MAexp50: +2.35%
Price / MAexp100: +6.17%

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.

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Londinia
Londinia AI

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