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 08/19/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

44%

28%

My opinion

Bearish under 0.390 EUR

My targets

0.341 EUR (-5.28%)

0.318 EUR (-11.67%)

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 0.390 EUR. The sellers' bearish objective is set at 0.341 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.318 EUR. In case of crossing, the next objective would be the support located at 0.240 EUR.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

4.1

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 0.360 EUR. On the day, this instrument gained +3.15% and was between 0.343 EUR and 0.360 EUR. This implies that the price is at +4.96% from its lowest and at 0% from its highest.

0.343

0.360

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

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

The Central Records scanner for higher/lower results shows an item:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of PESCANOVA in Daily shows an overall bearish trend. 78.57% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 8 are bullish, 5 are neutral and 5 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near support of channel

Type : Bullish

Timeframe : Daily

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

Bullish engulfing lines

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.201	0.240	0.341	0.360	0.361	0.390	0.435
Change (%)	-44.17%	-33.33%	-5.28%	-	+0.28%	+8.33%	+20.83%
Change	-0.159	-0.120	-0.019	-	+0.001	+0.030	+0.075
Level	Intermediate	Intermediate	Intermediate	-	Major	Minor	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.332	0.338	0.343	0.349	0.354	0.360	0.365
Camarilla	0.346	0.347	0.348	0.349	0.350	0.351	0.352
Woodie	0.333	0.338	0.344	0.349	0.355	0.360	0.366
Fibonacci	0.338	0.342	0.345	0.349	0.353	0.356	0.360

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.297	0.314	0.332	0.349	0.367	0.384	0.402
Camarilla	0.339	0.343	0.346	0.349	0.352	0.355	0.359
Woodie	0.297	0.314	0.332	0.349	0.367	0.384	0.402
Fibonacci	0.314	0.328	0.336	0.349	0.363	0.371	0.384

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.318	0.344	0.357	0.383	0.396	0.422	0.435
Camarilla	0.359	0.363	0.366	0.370	0.374	0.377	0.381
Woodie	0.312	0.341	0.351	0.380	0.390	0.419	0.429
Fibonacci	0.344	0.359	0.368	0.383	0.398	0.407	0.422

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):	46.93
MACD (12,26,9):	-0.0060
Directional Movement:	-12.697
AROON (14):	-71.428
DEMA (21):	0.356
Parabolic SAR (0,02-0,02-0,2):	0.367
Elder Ray (13):	-0.009
Super Trend (3,10):	0.404
Zig ZAG (10):	0.360
VORTEX (21):	0.8890
Stochastique (14,3,5):	35.90
TEMA (21):	0.353
Williams %R (14):	-46.15
Chande Momentum Oscillator (20):	-0.021
Repulse (5,40,3):	3.1450
ROCnROLL:	-1
TRIX (15,9):	-0.2000
Courbe Coppock:	8.02

MA7:	0.357
MA20:	0.365
MA50:	0.374
MA100:	0.382
MAexp7:	0.357
MAexp20:	0.364
MAexp50:	0.371
MAexp100:	0.367
Price / MA7:	+0.84%
Price / MA20:	-1.37%
Price / MA50:	-3.74%
Price / MA100:	-5.76%
Price / MAexp7:	+0.84%
Price / MAexp20:	-1.10%
Price / MAexp50:	-2.96%
Price / MAexp100:	-1.91%

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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