REIG JOFRE

- EUR (-)

- 15 min delayed data - Spain Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	RJF
ISIN:	ES0165359029

REIG JOFRE - Daily - Technical analysis published on 08/15/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Slightly bearish

Technical indicators

17%

50%

33%

My opinion

Bearish under 2.78 EUR

My targets

2.56 EUR (-6.23%)

2.42 EUR (-11.36%)

My analysis

REIG JOFRE is currently trying to strengthen its basic trend with a very bearish short term. As long as the price remains below 2.78 EUR, traders may consider taking advantage of this bearish acceleration and setting themselves to trade only in short positions (for sale). Sellers will encounter the support at 2.56 EUR. A bearish break in this support would confirm a continuation of the bearish acceleration. The next support located at 2.42 EUR would then be the next bearish objective for sellers. Crossing it would then enable sellers to target 2.30 EUR. Beware of a possible return to above the resistance located at 2.78 EUR which would be a sign of a correction of the short-term bearish excesses registered.

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

Comment on the analysis

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

REIG JOFRE rating 2.73 EUR. The price registered a decrease of -0.73% on the session and was traded between 2.72 EUR and 2.77 EUR over the period. The price is currently at +0.37% from its lowest and -1.44% from its highest.

2.72

2.77

2.73

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

Technical analysis of this Daily chart of REIG JOFRE indicates that the overall trend is slightly bearish. Only 50.00% of the signals given by moving averages are bearish. This slightly bearish trend is reinforced 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, only 9 technical indicators out of 18 studied are currently bearish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2.42	2.56	2.69	2.73	2.78	3.20	4.35
Change (%)	-11.36%	-6.23%	-1.47%	-	+1.83%	+17.22%	+59.34%
Change	-0.31	-0.17	-0.04	-	+0.05	+0.47	+1.62
Level	Intermediate	Minor	Intermediate	-	Major	Intermediate	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
Standard	2.61	2.66	2.70	2.75	2.79	2.84	2.88
Camarilla	2.73	2.73	2.74	2.75	2.76	2.77	2.78
Woodie	2.62	2.66	2.71	2.75	2.80	2.84	2.89
Fibonacci	2.66	2.69	2.71	2.75	2.78	2.80	2.84

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.48	2.59	2.67	2.78	2.86	2.97	3.05
Camarilla	2.69	2.71	2.72	2.74	2.76	2.78	2.79
Woodie	2.46	2.58	2.65	2.77	2.84	2.96	3.03
Fibonacci	2.59	2.67	2.71	2.78	2.86	2.90	2.97

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.44	2.55	2.68	2.79	2.92	3.03	3.16
Camarilla	2.74	2.77	2.79	2.81	2.83	2.85	2.88
Woodie	2.45	2.56	2.69	2.80	2.93	3.04	3.17
Fibonacci	2.55	2.64	2.70	2.79	2.88	2.94	3.03

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):	41.68
MACD (12,26,9):	-0.0200
Directional Movement:	5.06
AROON (14):	-78.57
DEMA (21):	2.75
Parabolic SAR (0,02-0,02-0,2):	2.90
Elder Ray (13):	-0.02
Super Trend (3,10):	2.94
Zig ZAG (10):	2.73
VORTEX (21):	1.0100
Stochastique (14,3,5):	18.60
TEMA (21):	2.74
Williams %R (14):	-85.00
Chande Momentum Oscillator (20):	-0.10
Repulse (5,40,3):	-2.4100
ROCnROLL:	2
TRIX (15,9):	-0.0600
Courbe Coppock:	4.74

MA7:	2.74
MA20:	2.79
MA50:	2.83
MA100:	2.73
MAexp7:	2.75
MAexp20:	2.77
MAexp50:	2.78
MAexp100:	2.72
Price / MA7:	-0.36%
Price / MA20:	-2.15%
Price / MA50:	-3.53%
Price / MA100:	-0%
Price / MAexp7:	-0.73%
Price / MAexp20:	-1.44%
Price / MAexp50:	-1.80%
Price / MAexp100:	+0.37%

Quotes : - 15 min delayed data - Spain Stocks

News

Don't forget to follow the news on REIG JOFRE. At the time of publication of this analysis, the latest news was as follows:

LABORATORIO REIG JOFRE

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

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