TUBOS REUNID

- EUR (-)

- 15 min delayed data - Spain Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	TRG
ISIN:	ES0180850416

TUBOS REUNID - Daily - Technical analysis published on 05/18/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

67%

11%

22%

My opinion

Bullish above 0.790 EUR

My targets

0.842 EUR (+1.85%)

0.910 EUR (+10.04%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on TUBOS REUNID as long as the price remains well above 0.790 EUR. The buyers' bullish objective is set at 0.842 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.910 EUR. If there is any crossing, the next objective would be the resistance located at 0.975 EUR. 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 overbought items that could be a sign of a possible short-term correction.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

6.8

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

TUBOS REUNID rating 0.827 EUR. The price registered an increase of +8.82% on the session and was traded between 0.763 EUR and 0.836 EUR over the period. The price is currently at +8.39% from its lowest and -1.08% from its highest.

0.763

0.836

0.827

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

Bullish opening

Type : Bullish

Timeframe : Openning

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

Abnormal volumes on TUBOS REUNID were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of TUBOS REUNID in Daily shows a strongly overall bullish trend. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.511	0.710	0.790	0.827	0.910	0.975	1.378
Change (%)	-38.21%	-14.15%	-4.47%	-	+10.04%	+17.90%	+66.63%
Change	-0.316	-0.117	-0.037	-	+0.083	+0.148	+0.551
Level	Major	Major	Intermediate	-	Major	Major	Minor

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	0.721	0.732	0.746	0.757	0.771	0.782	0.796
Camarilla	0.753	0.755	0.758	0.760	0.762	0.765	0.767
Woodie	0.723	0.733	0.748	0.758	0.773	0.783	0.798
Fibonacci	0.732	0.742	0.748	0.757	0.767	0.773	0.782

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.618	0.661	0.698	0.741	0.778	0.821	0.858
Camarilla	0.712	0.719	0.727	0.734	0.741	0.749	0.756
Woodie	0.614	0.660	0.694	0.740	0.774	0.820	0.854
Fibonacci	0.661	0.692	0.711	0.741	0.772	0.791	0.821

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.566	0.670	0.738	0.842	0.910	1.014	1.082
Camarilla	0.758	0.774	0.789	0.805	0.821	0.837	0.852
Woodie	0.547	0.661	0.719	0.833	0.891	1.005	1.063
Fibonacci	0.670	0.736	0.777	0.842	0.908	0.949	1.014

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):	59.84
MACD (12,26,9):	-0.0040
Directional Movement:	8.997
AROON (14):	-64.286
DEMA (21):	0.777
Parabolic SAR (0,02-0,02-0,2):	0.717
Elder Ray (13):	0.027
Super Trend (3,10):	0.863
Zig ZAG (10):	0.832
VORTEX (21):	0.9490
Stochastique (14,3,5):	54.80
TEMA (21):	0.745
Williams %R (14):	-2.27
Chande Momentum Oscillator (20):	0.034
Repulse (5,40,3):	11.0560
ROCnROLL:	1
TRIX (15,9):	-0.1080
Courbe Coppock:	16.80

MA7:	0.754
MA20:	0.787
MA50:	0.802
MA100:	0.560
MAexp7:	0.771
MAexp20:	0.778
MAexp50:	0.732
MAexp100:	0.621
Price / MA7:	+9.68%
Price / MA20:	+5.08%
Price / MA50:	+3.12%
Price / MA100:	+47.68%
Price / MAexp7:	+7.26%
Price / MAexp20:	+6.30%
Price / MAexp50:	+12.98%
Price / MAexp100:	+33.17%

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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Londinia AI

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