PESCANOVA
PESCANOVA
- EUR (-)
- 15 min delayed data - Spain Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: PVA
ISIN: ES0169350016

PESCANOVA - Daily - Technical analysis published on 08/29/2022 (GMT)

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  • Timeframe : Daily
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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

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:
Weekly

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:

Central Indicators

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:

Central Indicators

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:

Central Patterns

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


S3S2S1PriceR1R2R3
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
Standard0.36330.37470.38030.39170.39730.40870.4143
Camarilla0.38130.38290.38440.38600.38760.38910.3907
Woodie0.36050.37330.37750.39030.39450.40730.4115
Fibonacci0.37470.38120.38520.39170.39820.40220.4087


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.32770.35430.37020.39680.41270.43930.4552
Camarilla0.37430.37820.38210.38600.38990.39380.3977
Woodie0.32230.35160.36480.39410.40730.43660.4498
Fibonacci0.35430.37060.38060.39680.41310.42310.4393


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.31650.34100.35900.38350.40150.42600.4440
Camarilla0.36530.36920.37310.37700.38090.38480.3887
Woodie0.31330.33940.35580.38190.39830.42440.4408
Fibonacci0.34100.35720.36730.38350.39970.40980.4260

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 - Spain Stocks

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

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