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 11/07/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bearish

Underlying: Strongly bearish

Technical indicators

33%

39%

28%

My opinion

Bearish under 0.298 EUR

My targets

0.240 EUR (-6.25%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on PESCANOVA as long as the price remains well below 0.298 EUR. The next bearish objective for sellers is set at 0.240 EUR. A bearish break of this support would revive the bearish momentum. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

5.2

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

PESCANOVA rating 0.256 EUR. The price has increased by +5.35% since the last closing and was traded between 0.240 EUR and 0.257 EUR over the period. The price is currently at +6.67% from its lowest and -0.39% from its highest.

0.240

0.257

0.256

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows the following items:

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of PESCANOVA indicates that the overall trend is strongly bearish. 85.71% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

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.

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Black gravestone / inverted hammer

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	0.240	0.256	0.257	0.345	0.360
Change (%)	-6.25%	-	+0.39%	+34.77%	+40.63%
Change	-0.016	-	+0.001	+0.089	+0.104
Level	Intermediate	-	Minor	Minor	Major

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	0.228	0.234	0.239	0.245	0.250	0.256	0.261
Camarilla	0.240	0.241	0.242	0.243	0.244	0.245	0.246
Woodie	0.227	0.234	0.238	0.245	0.249	0.256	0.260
Fibonacci	0.234	0.239	0.241	0.245	0.250	0.252	0.256

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.218	0.228	0.239	0.249	0.260	0.270	0.281
Camarilla	0.243	0.245	0.247	0.249	0.251	0.253	0.255
Woodie	0.218	0.228	0.239	0.249	0.260	0.270	0.281
Fibonacci	0.228	0.236	0.241	0.249	0.257	0.262	0.270

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.116	0.173	0.207	0.264	0.298	0.355	0.389
Camarilla	0.217	0.225	0.234	0.242	0.250	0.259	0.267
Woodie	0.106	0.167	0.197	0.258	0.288	0.349	0.379
Fibonacci	0.173	0.207	0.229	0.264	0.298	0.320	0.355

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	34.76
MACD (12,26,9):	-0.0150
Directional Movement:	-6.866
AROON (14):	78.571
DEMA (21):	0.236
Parabolic SAR (0,02-0,02-0,2):	0.233
Elder Ray (13):	-0.002
Super Trend (3,10):	0.281
Zig ZAG (10):	0.240
VORTEX (21):	0.8020
Stochastique (14,3,5):	39.59
TEMA (21):	0.237
Williams %R (14):	-90.91
Chande Momentum Oscillator (20):	-0.017
Repulse (5,40,3):	-2.5520
ROCnROLL:	2
TRIX (15,9):	-0.9190
Courbe Coppock:	9.37

MA7:	0.247
MA20:	0.251
MA50:	0.298
MA100:	0.327
MAexp7:	0.250
MAexp20:	0.258
MAexp50:	0.287
MAexp100:	0.314
Price / MA7:	+3.64%
Price / MA20:	+1.99%
Price / MA50:	-14.09%
Price / MA100:	-21.71%
Price / MAexp7:	+2.40%
Price / MAexp20:	-0.78%
Price / MAexp50:	-10.80%
Price / MAexp100:	-18.47%

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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