TUBOS REUNID - 1H - Technical analysis published on 05/27/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 0.770 EUR
My targets
0.802 EUR (+2.69%)
0.839 EUR (+7.43%)
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 0.770 EUR. The buyers' bullish objective is set at 0.802 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.839 EUR. If there is any crossing, the next objective would be the resistance located at 0.870 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
8.6
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.
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Additional analysis
Quotes
The TUBOS REUNID price is 0.781 EUR. The price has increased by +2.09% since the last closing with the lowest point at 0.778 EUR and the highest point at 0.793 EUR. The deviation from the price is +0.39% for the low point and -1.51% for the high point.0.778
0.793
0.781
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
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:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this TUBOS REUNID chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near support of channel
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.726 | 0.738 | 0.770 | 0.781 | 0.870 | 0.975 | 1.378 |
Change (%) | -7.04% | -5.51% | -1.41% | - | +11.40% | +24.84% | +76.44% |
Change | -0.055 | -0.043 | -0.011 | - | +0.089 | +0.194 | +0.597 |
Level | Major | Minor | Major | - | Major | Intermediate | Intermediate |
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 |
---|---|---|---|---|---|---|---|
Standard | 0.669 | 0.698 | 0.731 | 0.760 | 0.793 | 0.822 | 0.855 |
Camarilla | 0.748 | 0.754 | 0.759 | 0.765 | 0.771 | 0.776 | 0.782 |
Woodie | 0.672 | 0.699 | 0.734 | 0.761 | 0.796 | 0.823 | 0.858 |
Fibonacci | 0.698 | 0.721 | 0.736 | 0.760 | 0.783 | 0.798 | 0.822 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.626 | 0.663 | 0.714 | 0.751 | 0.802 | 0.839 | 0.890 |
Camarilla | 0.741 | 0.749 | 0.757 | 0.765 | 0.773 | 0.781 | 0.789 |
Woodie | 0.633 | 0.667 | 0.721 | 0.755 | 0.809 | 0.843 | 0.897 |
Fibonacci | 0.663 | 0.697 | 0.717 | 0.751 | 0.785 | 0.805 | 0.839 |
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): | 70.08 | |
MACD (12,26,9): | 0.0140 | |
Directional Movement: | 32.675 | |
AROON (14): | 100.000 | |
DEMA (21): | 0.771 | |
Parabolic SAR (0,02-0,02-0,2): | 0.749 | |
Elder Ray (13): | 0.026 | |
Super Trend (3,10): | 0.742 | |
Zig ZAG (10): | 0.781 | |
VORTEX (21): | 1.1460 | |
Stochastique (14,3,5): | 74.13 | |
TEMA (21): | 0.778 | |
Williams %R (14): | -22.39 | |
Chande Momentum Oscillator (20): | 0.039 | |
Repulse (5,40,3): | -2.7920 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.2370 | |
Courbe Coppock: | 10.14 |
MA7: | 0.736 | |
MA20: | 0.708 | |
MA50: | 0.658 | |
MA100: | 0.695 | |
MAexp7: | 0.770 | |
MAexp20: | 0.754 | |
MAexp50: | 0.737 | |
MAexp100: | 0.724 | |
Price / MA7: | +6.11% | |
Price / MA20: | +10.31% | |
Price / MA50: | +18.69% | |
Price / MA100: | +12.37% | |
Price / MAexp7: | +1.43% | |
Price / MAexp20: | +3.58% | |
Price / MAexp50: | +5.97% | |
Price / MAexp100: | +7.87% |
Quotes :
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15 min delayed data
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Spain Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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