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 - 1H - Technical analysis published on 05/17/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Neutral

Technical indicators

44%

22%

33%

My opinion

Bearish under 0.723 EUR

My targets

0.682 EUR (-3.94%)

0.667 EUR (-6.06%)

My analysis

The current short-term bearish acceleration registered on TUBOS REUNID should quickly allow the basic trend to return to a bearish trend. To avoid contradicting the short term, traders could favour short positions (for sale) as long as the price remains well below 0.723 EUR. Short-term sellers will use the support located at 0.682 EUR as an objective. A bearish break of this support would revive the bearish momentum. The next bearish objective would then be set at 0.667 EUR. Crossing this support would then open the door for sellers to target 0.650 EUR. Caution, if there is a return to below 0.723 EUR, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend buyers, many of whom will certainly benefit from this movement.

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

Force

1.1

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

TUBOS REUNID rating 0.710 EUR. On the day, this instrument gained +2.16% and was traded between 0.689 EUR and 0.710 EUR over the period. The price is currently at +3.05% from its lowest and 0% from its highest.

0.689

0.710

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

Here is a more detailed summary of the historical variations registered by TUBOS REUNID:

Technical

Technical analysis of this 1H chart of TUBOS REUNID indicates that the overall trend is not clearly defined. The strong bearish signals currently being given by short-term moving averages could allow the overall trend to return to a bearish trend. An assessment of moving averages reveals a bullish signal that could impact this trend:

Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour

In fact, of the 18 technical indicators analysed by Central Analyzer, 8 are bullish, 6 are neutral and 4 are bearish. The Central Indicators scanner found this result concerning these indicators:

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near support of channel

Type : Bullish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.667	0.682	0.708	0.710	0.723	0.738	0.770
Change (%)	-6.06%	-3.94%	-0.28%	-	+1.83%	+3.94%	+8.45%
Change	-0.043	-0.028	-0.002	-	+0.013	+0.028	+0.060
Level	Intermediate	Minor	Intermediate	-	Minor	Major	Intermediate

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	0.632	0.658	0.677	0.703	0.722	0.748	0.767
Camarilla	0.683	0.687	0.691	0.695	0.699	0.703	0.707
Woodie	0.628	0.656	0.673	0.701	0.718	0.746	0.763
Fibonacci	0.658	0.676	0.686	0.703	0.721	0.731	0.748

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.595	0.630	0.675	0.710	0.755	0.790	0.835
Camarilla	0.698	0.705	0.713	0.720	0.727	0.735	0.742
Woodie	0.600	0.633	0.680	0.713	0.760	0.793	0.840
Fibonacci	0.630	0.661	0.679	0.710	0.741	0.759	0.790

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.504	0.551	0.592	0.639	0.680	0.727	0.768
Camarilla	0.608	0.616	0.624	0.632	0.640	0.648	0.656
Woodie	0.500	0.550	0.588	0.638	0.676	0.726	0.764
Fibonacci	0.551	0.585	0.606	0.639	0.673	0.694	0.727

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):	46.01
MACD (12,26,9):	-0.0060
Directional Movement:	-14.804
AROON (14):	-50.000
DEMA (21):	0.705
Parabolic SAR (0,02-0,02-0,2):	0.719
Elder Ray (13):	-0.001
Super Trend (3,10):	0.715
Zig ZAG (10):	0.710
VORTEX (21):	0.8270
Stochastique (14,3,5):	40.74
TEMA (21):	0.699
Williams %R (14):	-46.67
Chande Momentum Oscillator (20):	-0.011
Repulse (5,40,3):	2.2940
ROCnROLL:	-1
TRIX (15,9):	-0.1050
Courbe Coppock:	6.13

MA7:	0.719
MA20:	0.681
MA50:	0.644
MA100:	0.691
MAexp7:	0.705
MAexp20:	0.712
MAexp50:	0.715
MAexp100:	0.704
Price / MA7:	-1.25%
Price / MA20:	+4.26%
Price / MA50:	+10.25%
Price / MA100:	+2.75%
Price / MAexp7:	+0.71%
Price / MAexp20:	-0.28%
Price / MAexp50:	-0.70%
Price / MAexp100:	+0.85%

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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