PESCANOVA - Daily - Technical analysis published on 08/29/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bullish
Technical indicators
50%
11%
39%
My opinion
Bullish above 0.3828 EUR
My targets
0.4283 EUR (+7.21%)
0.4529 EUR (+13.37%)
My analysis
The basic trend is currently slightly bullish on PESCANOVA and the short term does not seem to show any sign of improvement. Buyers are struggling to get their hands on this instrument. However, as long as the price remains above 0.3828 EUR, purchases could be favourable. The first bullish objective would be the resistance located at 0.4283 EUR. Then the price could move towards 0.4529 EUR. Then 0.4707 EUR by extension. A return under the support to 0.3828 EUR could jeopardize this fragile bullish trend. Indecision would then be total and in this case you could keep away.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
3.4
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Additional analysis
Quotes
The PESCANOVA price is 0.3995 EUR. On the day, this instrument gained +3.50% and was traded between 0.3860 EUR and 0.3995 EUR over the period. The price is currently at +3.50% from its lowest and 0% from its highest.0.3860
0.3995
0.3995
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in Daily of this PESCANOVA chart shows a slightly bullish trend. 57.14% of the signals given by moving averages are bullish. The overall trend remains fragile, as do the slightly bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : Daily
In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near support of channel
Type : Bullish
Timeframe : Daily
Near support of triangle
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.3508 | 0.3706 | 0.3828 | 0.3995 | 0.4027 | 0.4283 | 0.4529 |
Change (%) | -12.19% | -7.23% | -4.18% | - | +0.80% | +7.21% | +13.37% |
Change | -0.0487 | -0.0289 | -0.0167 | - | +0.0032 | +0.0288 | +0.0534 |
Level | Major | Intermediate | Minor | - | Intermediate | Minor | Major |
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 | 0.3633 | 0.3747 | 0.3803 | 0.3917 | 0.3973 | 0.4087 | 0.4143 |
Camarilla | 0.3813 | 0.3829 | 0.3844 | 0.3860 | 0.3876 | 0.3891 | 0.3907 |
Woodie | 0.3605 | 0.3733 | 0.3775 | 0.3903 | 0.3945 | 0.4073 | 0.4115 |
Fibonacci | 0.3747 | 0.3812 | 0.3852 | 0.3917 | 0.3982 | 0.4022 | 0.4087 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.3277 | 0.3543 | 0.3702 | 0.3968 | 0.4127 | 0.4393 | 0.4552 |
Camarilla | 0.3743 | 0.3782 | 0.3821 | 0.3860 | 0.3899 | 0.3938 | 0.3977 |
Woodie | 0.3223 | 0.3516 | 0.3648 | 0.3941 | 0.4073 | 0.4366 | 0.4498 |
Fibonacci | 0.3543 | 0.3706 | 0.3806 | 0.3968 | 0.4131 | 0.4231 | 0.4393 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.3165 | 0.3410 | 0.3590 | 0.3835 | 0.4015 | 0.4260 | 0.4440 |
Camarilla | 0.3653 | 0.3692 | 0.3731 | 0.3770 | 0.3809 | 0.3848 | 0.3887 |
Woodie | 0.3133 | 0.3394 | 0.3558 | 0.3819 | 0.3983 | 0.4244 | 0.4408 |
Fibonacci | 0.3410 | 0.3572 | 0.3673 | 0.3835 | 0.3997 | 0.4098 | 0.4260 |
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): | 49.46 | |
MACD (12,26,9): | 0.0042 | |
Directional Movement: | 14.5458 | |
AROON (14): | 42.8571 | |
DEMA (21): | 0.3963 | |
Parabolic SAR (0,02-0,02-0,2): | 0.3810 | |
Elder Ray (13): | -0.0002 | |
Super Trend (3,10): | 0.3673 | |
Zig ZAG (10): | 0.3995 | |
VORTEX (21): | 1.0137 | |
Stochastique (14,3,5): | 33.33 | |
TEMA (21): | 0.4006 | |
Williams %R (14): | -57.04 | |
Chande Momentum Oscillator (20): | 0.0240 | |
Repulse (5,40,3): | 0.4132 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.1807 | |
Courbe Coppock: | 12.58 |
MA7: | 0.3989 | |
MA20: | 0.3864 | |
MA50: | 0.3816 | |
MA100: | 0.3836 | |
MAexp7: | 0.3955 | |
MAexp20: | 0.3886 | |
MAexp50: | 0.3850 | |
MAexp100: | 0.3904 | |
Price / MA7: | +0.15% | |
Price / MA20: | +3.39% | |
Price / MA50: | +4.69% | |
Price / MA100: | +4.14% | |
Price / MAexp7: | +1.01% | |
Price / MAexp20: | +2.80% | |
Price / MAexp50: | +3.77% | |
Price / MAexp100: | +2.33% |
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
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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