A. DOMINGUEZ - Daily - Technical analysis published on 11/27/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
61%
6%
33%
My opinion
Bearish under 5.20 EUR
My targets
4.70 EUR (-6.93%)
4.38 EUR (-13.27%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 5.20 EUR remains possible. It is advisable to trade A. DOMINGUEZ with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 5.20 EUR. The next bearish objective for sellers is set at 4.70 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 4.38 EUR. In case of crossing, the next objective would be the support located at 3.80 EUR. PS: if there is a bullish break in the resistance located at 5.20 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
2.1
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The A. DOMINGUEZ price is 5.05 EUR. The price registered an increase of +3.06% on the session with the lowest point at 4.86 EUR and the highest point at 5.05 EUR. The deviation from the price is +3.91% for the low point and 0% for the high point.4.86
5.05
5.05
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this A. DOMINGUEZ chart shows a bearish trend. 75.00% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a moderate bullish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.80 | 4.38 | 4.70 | 5.05 | 5.06 | 5.20 | 5.70 |
| Change (%) | -24.75% | -13.27% | -6.93% | - | +0.20% | +2.97% | +12.87% |
| Change | -1.25 | -0.67 | -0.35 | - | +0.01 | +0.15 | +0.65 |
| Level | Minor | Major | Minor | - | Major | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.67 | 4.75 | 4.83 | 4.91 | 4.99 | 5.07 | 5.15 |
| Camarilla | 4.86 | 4.87 | 4.89 | 4.90 | 4.92 | 4.93 | 4.94 |
| Woodie | 4.66 | 4.75 | 4.82 | 4.91 | 4.98 | 5.07 | 5.14 |
| Fibonacci | 4.75 | 4.81 | 4.85 | 4.91 | 4.97 | 5.01 | 5.07 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.47 | 4.61 | 4.76 | 4.90 | 5.05 | 5.19 | 5.34 |
| Camarilla | 4.82 | 4.85 | 4.87 | 4.90 | 4.93 | 4.95 | 4.98 |
| Woodie | 4.47 | 4.61 | 4.76 | 4.90 | 5.05 | 5.19 | 5.34 |
| Fibonacci | 4.61 | 4.72 | 4.79 | 4.90 | 5.01 | 5.08 | 5.19 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.10 | 4.48 | 4.84 | 5.22 | 5.58 | 5.96 | 6.32 |
| Camarilla | 5.00 | 5.06 | 5.13 | 5.20 | 5.27 | 5.34 | 5.40 |
| Woodie | 4.09 | 4.48 | 4.83 | 5.22 | 5.57 | 5.96 | 6.31 |
| Fibonacci | 4.48 | 4.76 | 4.94 | 5.22 | 5.50 | 5.68 | 5.96 |
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): | 46.81 | |
| MACD (12,26,9): | -0.0800 | |
| Directional Movement: | -10.33 | |
| AROON (14): | -85.71 | |
| DEMA (21): | 4.93 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.09 | |
| Elder Ray (13): | -0.06 | |
| Super Trend (3,10): | 5.29 | |
| Zig ZAG (10): | 5.05 | |
| VORTEX (21): | 0.9400 | |
| Stochastique (14,3,5): | 54.55 | |
| TEMA (21): | 4.97 | |
| Williams %R (14): | -34.09 | |
| Chande Momentum Oscillator (20): | 0.05 | |
| Repulse (5,40,3): | 6.3200 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.2600 | |
| Courbe Coppock: | 5.65 |
| MA7: | 4.98 | |
| MA20: | 5.05 | |
| MA50: | 5.26 | |
| MA100: | 5.69 | |
| MAexp7: | 4.99 | |
| MAexp20: | 5.05 | |
| MAexp50: | 5.25 | |
| MAexp100: | 5.44 | |
| Price / MA7: | +1.41% | |
| Price / MA20: | -0% | |
| Price / MA50: | -3.99% | |
| Price / MA100: | -11.25% | |
| Price / MAexp7: | +1.20% | |
| Price / MAexp20: | -0% | |
| Price / MAexp50: | -3.81% | |
| Price / MAexp100: | -7.17% |
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
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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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