PROSEGUR
PROSEGUR
- EUR (-)
- 15 min delayed data - Spain Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: PSG
ISIN: ES0175438003

PROSEGUR - 1H - Technical analysis published on 10/25/2022 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 1.680 EUR
My targets
1.839 EUR (+8.37%)
1.918 EUR (+13.02%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on PROSEGUR as long as the price remains well above 1.680 EUR. The buyers' bullish objective is set at 1.839 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.918 EUR. If there is any crossing, the next objective would be the resistance located at 2.057 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.6

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:
Daily Weekly

Additional analysis

Quotes

PROSEGUR rating 1.697 EUR. On the day, this instrument gained +7.41% with the lowest point at 1.689 EUR and the highest point at 1.702 EUR. The deviation from the price is +0.47% for the low point and -0.29% for the high point.

1.689
1.702
1.697

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.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows an item:

Central Records

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of PROSEGUR in 1H shows a strongly overall bullish trend. 89.29% 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 market scanner currently does not detect any result that concerns moving averages.

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

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:

Central Candlesticks

Bullish harami cross

Type : Bullish

Timeframe : 1 hour


Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.592 1.613 1.680 1.697 1.839 1.918 2.057
Change (%) -6.19% -4.95% -1.00% - +8.37% +13.02% +21.21%
Change -0.105 -0.084 -0.017 - +0.142 +0.221 +0.360
Level Intermediate Intermediate Major - Major Minor Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.4601.4851.5331.5581.6061.6311.679
Camarilla1.5611.5681.5741.5811.5881.5941.601
Woodie1.4721.4911.5451.5641.6181.6371.691
Fibonacci1.4851.5131.5301.5581.5861.6031.631


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.4481.4891.5241.5651.6001.6411.676
Camarilla1.5371.5441.5511.5581.5651.5721.579
Woodie1.4441.4881.5201.5641.5961.6401.672
Fibonacci1.4891.5181.5361.5651.5941.6121.641


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.9821.1881.3141.5201.6461.8521.978
Camarilla1.3481.3781.4091.4391.4691.5001.530
Woodie0.9411.1681.2731.5001.6051.8321.937
Fibonacci1.1881.3151.3941.5201.6471.7261.852

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): 78.99
MACD (12,26,9): 0.0180
Directional Movement: 46.263
AROON (14): 57.143
DEMA (21): 1.598
Parabolic SAR (0,02-0,02-0,2): 1.519
Elder Ray (13): 0.104
Super Trend (3,10): 1.623
Zig ZAG (10): 1.697
VORTEX (21): 0.9740
Stochastique (14,3,5): 92.72
TEMA (21): 1.618
Williams %R (14): -2.60
Chande Momentum Oscillator (20): 0.137
Repulse (5,40,3): 0.5520
ROCnROLL: 1
TRIX (15,9): -0.0010
Courbe Coppock: 6.15
MA7: 1.592
MA20: 1.540
MA50: 1.587
MA100: 1.566
MAexp7: 1.619
MAexp20: 1.582
MAexp50: 1.570
MAexp100: 1.559
Price / MA7: +6.60%
Price / MA20: +10.19%
Price / MA50: +6.93%
Price / MA100: +8.37%
Price / MAexp7: +4.82%
Price / MAexp20: +7.27%
Price / MAexp50: +8.09%
Price / MAexp100: +8.85%

Quotes : - 15 min delayed data - Spain Stocks

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

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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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