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

PROSEGUR - Daily - Technical analysis published on 12/18/2023 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
39%
22%
39%
My opinion
Bullish above 1.772 EUR
My targets
1.856 EUR (+1.53%)
1.996 EUR (+9.19%)
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 1.772 EUR. The buyers' bullish objective is set at 1.856 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.996 EUR. If there is any crossing, the next objective would be the resistance located at 2.179 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 not called into question, despite technical indicators being indecisive.
Force
0
10
6.6

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:
1H Weekly

Additional analysis

Quotes

The PROSEGUR price is 1.828 EUR. The price is lower by -0.11% since the last closing and was between 1.824 EUR and 1.838 EUR. This implies that the price is at +0.22% from its lowest and at -0.54% from its highest.

1.824
1.838
1.828

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of PROSEGUR in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 7 are bullish, 7 are neutral and 4 are bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily



The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.474 1.643 1.772 1.828 1.856 1.996 2.179
Change (%) -19.37% -10.12% -3.06% - +1.53% +9.19% +19.20%
Change -0.354 -0.185 -0.056 - +0.028 +0.168 +0.351
Level Major Major Intermediate - 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
Standard1.8051.8111.8211.8271.8371.8431.853
Camarilla1.8261.8271.8291.8301.8321.8331.834
Woodie1.8061.8121.8221.8281.8381.8441.854
Fibonacci1.8111.8171.8211.8271.8331.8371.843


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.7891.8011.8151.8271.8411.8531.867
Camarilla1.8231.8251.8281.8301.8321.8351.837
Woodie1.7911.8021.8171.8281.8431.8541.869
Fibonacci1.8011.8111.8171.8271.8371.8431.853


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.0221.1861.4981.6621.9742.1382.450
Camarilla1.6791.7231.7661.8101.8541.8971.941
Woodie1.0961.2231.5721.6992.0482.1752.524
Fibonacci1.1861.3681.4801.6621.8441.9562.138

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): 67.64
MACD (12,26,9): 0.0580
Directional Movement: 30.882
AROON (14): 57.143
DEMA (21): 1.866
Parabolic SAR (0,02-0,02-0,2): 1.814
Elder Ray (13): 0.020
Super Trend (3,10): 1.759
Zig ZAG (10): 1.824
VORTEX (21): 1.1670
Stochastique (14,3,5): 51.05
TEMA (21): 1.872
Williams %R (14): -53.33
Chande Momentum Oscillator (20): 0.018
Repulse (5,40,3): 0.0970
ROCnROLL: 1
TRIX (15,9): 0.6550
Courbe Coppock: 3.89
MA7: 1.823
MA20: 1.812
MA50: 1.621
MA100: 1.603
MAexp7: 1.825
MAexp20: 1.782
MAexp50: 1.686
MAexp100: 1.653
Price / MA7: +0.27%
Price / MA20: +0.88%
Price / MA50: +12.77%
Price / MA100: +14.04%
Price / MAexp7: +0.16%
Price / MAexp20: +2.58%
Price / MAexp50: +8.42%
Price / MAexp100: +10.59%

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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