ALANTRA - Daily - Technical analysis published on 12/19/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 12.38 EUR
My targets
11.72 EUR (-2.74%)
10.64 EUR (-11.70%)
My analysis
All elements being rather bearish, it would be possible for traders to trade only short positions (for sale) on ALANTRA as long as the price remains well below 12.38 EUR. The next bearish objective for sellers is set at 11.72 EUR. A bearish break of this support would revive the bearish momentum. Sellers could then target the next support located at 10.64 EUR. If there is any crossing, the next objective would be the support located at 9.90 EUR. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bearish, basic trend. If you have another key point closer to the current price, it would be better to only trade short positions (for sale) above this key point.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
5.2
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ALANTRA price is 12.05 EUR. On the day, this instrument lost -2.03% with the lowest point at 12.00 EUR and the highest point at 12.40 EUR. The deviation from the price is +0.42% for the low point and -2.82% for the high point.12.00
12.40
12.05
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of ALANTRA in Daily shows an overall bearish trend. The signals given by moving averages are at 67.86% bearish. This bearish trend shows slight signs of slowing down given the slightly bearish signals of 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, 11 technical indicators out of 18 analysed are currently bearish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.
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
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 9.90 | 10.64 | 11.72 | 12.05 | 12.38 | 13.79 | 15.38 |
| Change (%) | -17.84% | -11.70% | -2.74% | - | +2.74% | +14.44% | +27.63% |
| Change | -2.15 | -1.41 | -0.33 | - | +0.33 | +1.74 | +3.33 |
| Level | Minor | Major | Minor | - | Intermediate | Major | Intermediate |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 12.05 | 12.10 | 12.20 | 12.25 | 12.35 | 12.40 | 12.50 |
| Camarilla | 12.26 | 12.27 | 12.29 | 12.30 | 12.31 | 12.33 | 12.34 |
| Woodie | 12.08 | 12.11 | 12.23 | 12.26 | 12.38 | 12.41 | 12.53 |
| Fibonacci | 12.10 | 12.16 | 12.19 | 12.25 | 12.31 | 12.34 | 12.40 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.22 | 11.13 | 11.67 | 12.58 | 13.12 | 14.03 | 14.57 |
| Camarilla | 11.80 | 11.93 | 12.07 | 12.20 | 12.33 | 12.47 | 12.60 |
| Woodie | 10.03 | 11.04 | 11.48 | 12.49 | 12.93 | 13.94 | 14.38 |
| Fibonacci | 11.13 | 11.69 | 12.03 | 12.58 | 13.14 | 13.48 | 14.03 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.63 | 12.14 | 12.74 | 13.25 | 13.85 | 14.36 | 14.96 |
| Camarilla | 13.05 | 13.15 | 13.25 | 13.35 | 13.45 | 13.55 | 13.66 |
| Woodie | 11.69 | 12.16 | 12.80 | 13.27 | 13.91 | 14.38 | 15.02 |
| Fibonacci | 12.14 | 12.56 | 12.82 | 13.25 | 13.67 | 13.93 | 14.36 |
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): | 35.14 | |
| MACD (12,26,9): | -0.1800 | |
| Directional Movement: | -12.95 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 12.47 | |
| Parabolic SAR (0,02-0,02-0,2): | 12.88 | |
| Elder Ray (13): | -0.31 | |
| Super Trend (3,10): | 13.15 | |
| Zig ZAG (10): | 12.05 | |
| VORTEX (21): | 0.8000 | |
| Stochastique (14,3,5): | 19.30 | |
| TEMA (21): | 12.16 | |
| Williams %R (14): | -89.47 | |
| Chande Momentum Oscillator (20): | -1.30 | |
| Repulse (5,40,3): | -0.0500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0500 | |
| Courbe Coppock: | 15.89 |
| MA7: | 12.24 | |
| MA20: | 12.86 | |
| MA50: | 12.58 | |
| MA100: | 12.42 | |
| MAexp7: | 12.31 | |
| MAexp20: | 12.63 | |
| MAexp50: | 12.63 | |
| MAexp100: | 12.67 | |
| Price / MA7: | -1.55% | |
| Price / MA20: | -6.30% | |
| Price / MA50: | -4.21% | |
| Price / MA100: | -2.98% | |
| Price / MAexp7: | -2.11% | |
| Price / MAexp20: | -4.59% | |
| Price / MAexp50: | -4.59% | |
| Price / MAexp100: | -4.89% |
Quotes :
-
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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