GREENYARD - Daily - Technical analysis published on 10/31/2023 (GMT)
- 106
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
33%
50%
17%
My opinion
Bearish under 5.700 EUR
My targets
5.350 EUR (-2.73%)
4.572 EUR (-16.87%)
My analysis
The bearish trend is currently very strong for GREENYARD. As long as the price remains below the resistance at 5.700 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 5.350 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 4.572 EUR as an objective. Crossing it would then enable sellers to target 3.279 EUR. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.6
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.
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GREENYARD rating is 5.500 EUR. The price registered an increase of +3.77% on the session and was between 5.250 EUR and 5.500 EUR. This implies that the price is at +4.76% from its lowest and at 0% from its highest.5.250
5.500
5.500
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:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of GREENYARD in Daily shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 3 are neutral and 9 are bearish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.279 | 4.572 | 5.350 | 5.500 | 5.700 | 5.927 | 6.432 |
| Change (%) | -40.38% | -16.87% | -2.73% | - | +3.64% | +7.76% | +16.95% |
| Change | -2.221 | -0.928 | -0.150 | - | +0.200 | +0.427 | +0.932 |
| Level | Minor | Intermediate | Intermediate | - | Minor | 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 | 5.083 | 5.167 | 5.333 | 5.417 | 5.583 | 5.667 | 5.833 |
| Camarilla | 5.431 | 5.454 | 5.477 | 5.500 | 5.523 | 5.546 | 5.569 |
| Woodie | 5.125 | 5.188 | 5.375 | 5.438 | 5.625 | 5.688 | 5.875 |
| Fibonacci | 5.167 | 5.262 | 5.321 | 5.417 | 5.512 | 5.571 | 5.667 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.083 | 5.167 | 5.333 | 5.417 | 5.583 | 5.667 | 5.833 |
| Camarilla | 5.431 | 5.454 | 5.477 | 5.500 | 5.523 | 5.546 | 5.569 |
| Woodie | 5.125 | 5.188 | 5.375 | 5.438 | 5.625 | 5.688 | 5.875 |
| Fibonacci | 5.167 | 5.262 | 5.321 | 5.417 | 5.512 | 5.571 | 5.667 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.447 | 5.653 | 5.831 | 6.037 | 6.215 | 6.421 | 6.599 |
| Camarilla | 5.902 | 5.938 | 5.973 | 6.008 | 6.043 | 6.078 | 6.114 |
| Woodie | 5.432 | 5.646 | 5.816 | 6.030 | 6.200 | 6.414 | 6.584 |
| Fibonacci | 5.653 | 5.800 | 5.891 | 6.037 | 6.184 | 6.275 | 6.421 |
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): | 40.26 | |
| MACD (12,26,9): | -0.1660 | |
| Directional Movement: | -12.162 | |
| AROON (14): | -85.714 | |
| DEMA (21): | 5.477 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.602 | |
| Elder Ray (13): | -0.220 | |
| Super Trend (3,10): | 5.817 | |
| Zig ZAG (10): | 5.500 | |
| VORTEX (21): | 0.7810 | |
| Stochastique (14,3,5): | 24.17 | |
| TEMA (21): | 5.417 | |
| Williams %R (14): | -62.50 | |
| Chande Momentum Oscillator (20): | -0.430 | |
| Repulse (5,40,3): | 5.9630 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.3220 | |
| Courbe Coppock: | 15.50 |
| MA7: | 5.470 | |
| MA20: | 5.738 | |
| MA50: | 5.961 | |
| MA100: | 6.300 | |
| MAexp7: | 5.498 | |
| MAexp20: | 5.684 | |
| MAexp50: | 5.932 | |
| MAexp100: | 6.134 | |
| Price / MA7: | +0.55% | |
| Price / MA20: | -4.15% | |
| Price / MA50: | -7.73% | |
| Price / MA100: | -12.70% | |
| Price / MAexp7: | +0.04% | |
| Price / MAexp20: | -3.24% | |
| Price / MAexp50: | -7.28% | |
| Price / MAexp100: | -10.34% |
Quotes :
-
15 min delayed data
-
Euronext Bruxelles
News
The last news published on GREENYARD at the time of the generation of this analysis was as follows:
- Flora Growth to Expand Physical Presence in Europe Through JustCBD Partnership with Greenyard
- Greenyard in advanced negotiations to acquire Dole Food Company
-
Greenyard
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis GREENYARD - Daily