DEOLEO - Daily - Technical analysis published on 10/25/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 0.226 EUR
My targets
0.243 EUR (+2.10%)
0.256 EUR (+7.69%)
My analysis
DEOLEO is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.226 EUR. The next resistance located at 0.243 EUR is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.256 EUR. After this resistance, buyers could then target 0.285 EUR.
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
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:
Additional analysis
Quotes
The DEOLEO rating is 0.238 EUR. The price registered an increase of +2.59% on the session with the lowest point at 0.231 EUR and the highest point at 0.239 EUR. The deviation from the price is +3.03% for the low point and -0.42% for the high point.0.231
0.239
0.238
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
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:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of DEOLEO in Daily shows an overall bullish trend. The signals returned by the moving averages are 71.43% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of triangle
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.218 | 0.226 | 0.235 | 0.238 | 0.239 | 0.243 | 0.285 |
| Change (%) | -8.40% | -5.04% | -1.26% | - | +0.42% | +2.10% | +19.75% |
| Change | -0.020 | -0.012 | -0.003 | - | +0.001 | +0.005 | +0.047 |
| Level | Intermediate | Intermediate | Minor | - | Major | 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 | 0.222 | 0.224 | 0.228 | 0.230 | 0.234 | 0.236 | 0.240 |
| Camarilla | 0.230 | 0.231 | 0.232 | 0.232 | 0.233 | 0.233 | 0.234 |
| Woodie | 0.223 | 0.225 | 0.229 | 0.231 | 0.235 | 0.237 | 0.241 |
| Fibonacci | 0.224 | 0.226 | 0.228 | 0.230 | 0.232 | 0.234 | 0.236 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.199 | 0.209 | 0.218 | 0.228 | 0.237 | 0.247 | 0.256 |
| Camarilla | 0.223 | 0.225 | 0.226 | 0.228 | 0.230 | 0.232 | 0.233 |
| Woodie | 0.200 | 0.209 | 0.219 | 0.228 | 0.238 | 0.247 | 0.257 |
| Fibonacci | 0.209 | 0.216 | 0.220 | 0.228 | 0.235 | 0.239 | 0.247 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.202 | 0.208 | 0.215 | 0.221 | 0.228 | 0.234 | 0.241 |
| Camarilla | 0.217 | 0.219 | 0.220 | 0.221 | 0.222 | 0.223 | 0.225 |
| Woodie | 0.202 | 0.208 | 0.215 | 0.221 | 0.228 | 0.234 | 0.241 |
| Fibonacci | 0.208 | 0.213 | 0.216 | 0.221 | 0.226 | 0.229 | 0.234 |
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): | 62.45 | |
| MACD (12,26,9): | 0.0030 | |
| Directional Movement: | 7.546 | |
| AROON (14): | 35.714 | |
| DEMA (21): | 0.229 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.217 | |
| Elder Ray (13): | 0.005 | |
| Super Trend (3,10): | 0.218 | |
| Zig ZAG (10): | 0.233 | |
| VORTEX (21): | 1.0850 | |
| Stochastique (14,3,5): | 77.78 | |
| TEMA (21): | 0.232 | |
| Williams %R (14): | -14.82 | |
| Chande Momentum Oscillator (20): | 0.013 | |
| Repulse (5,40,3): | 0.4200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1170 | |
| Courbe Coppock: | 9.55 |
| MA7: | 0.230 | |
| MA20: | 0.224 | |
| MA50: | 0.223 | |
| MA100: | 0.226 | |
| MAexp7: | 0.230 | |
| MAexp20: | 0.226 | |
| MAexp50: | 0.224 | |
| MAexp100: | 0.224 | |
| Price / MA7: | +3.48% | |
| Price / MA20: | +6.25% | |
| Price / MA50: | +6.73% | |
| Price / MA100: | +5.31% | |
| Price / MAexp7: | +3.48% | |
| Price / MAexp20: | +5.31% | |
| Price / MAexp50: | +6.25% | |
| Price / MAexp100: | +6.25% |
Quotes :
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15 min delayed data
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Spain Stocks
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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