NOS, SGPS - Daily - Technical analysis published on 09/03/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
50%
6%
44%
My opinion
Bullish above 3.455 EUR
My targets
3.660 EUR (+3.24%)
4.224 EUR (+19.15%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NOS, SGPS as long as the price remains well above 3.455 EUR. The buyers' bullish objective is set at 3.660 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 4.224 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
7.5
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 NOS, SGPS price is 3.545 EUR. On the day, this instrument gained +0.00% and was traded between 3.530 EUR and 3.560 EUR over the period. The price is currently at +0.42% from its lowest and -0.42% from its highest.3.530
3.560
3.545
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 (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of NOS, SGPS in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bullish. The Central Indicators scanner found no further results concerning independent technical indicators.
The analysis of the price chart with Central Patterns scanners does not return any result.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 3.149 | 3.257 | 3.455 | 3.545 | 3.555 | 3.660 | 4.224 |
Change (%) | -11.17% | -8.12% | -2.54% | - | +0.28% | +3.24% | +19.15% |
Change | -0.396 | -0.288 | -0.090 | - | +0.010 | +0.115 | +0.679 |
Level | Minor | Major | Intermediate | - | Intermediate | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 3.433 | 3.472 | 3.508 | 3.547 | 3.583 | 3.622 | 3.658 |
Camarilla | 3.524 | 3.531 | 3.538 | 3.545 | 3.552 | 3.559 | 3.566 |
Woodie | 3.433 | 3.471 | 3.508 | 3.546 | 3.583 | 3.621 | 3.658 |
Fibonacci | 3.472 | 3.500 | 3.518 | 3.547 | 3.575 | 3.593 | 3.622 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 3.363 | 3.417 | 3.508 | 3.562 | 3.653 | 3.707 | 3.798 |
Camarilla | 3.560 | 3.573 | 3.587 | 3.600 | 3.613 | 3.627 | 3.640 |
Woodie | 3.383 | 3.426 | 3.528 | 3.571 | 3.673 | 3.716 | 3.818 |
Fibonacci | 3.417 | 3.472 | 3.506 | 3.562 | 3.617 | 3.651 | 3.707 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 3.180 | 3.270 | 3.435 | 3.525 | 3.690 | 3.780 | 3.945 |
Camarilla | 3.530 | 3.553 | 3.577 | 3.600 | 3.623 | 3.647 | 3.670 |
Woodie | 3.218 | 3.289 | 3.473 | 3.544 | 3.728 | 3.799 | 3.983 |
Fibonacci | 3.270 | 3.367 | 3.428 | 3.525 | 3.622 | 3.683 | 3.780 |
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): | 55.54 | |
MACD (12,26,9): | 0.0210 | |
Directional Movement: | 7.008 | |
AROON (14): | 85.714 | |
DEMA (21): | 3.552 | |
Parabolic SAR (0,02-0,02-0,2): | 3.482 | |
Elder Ray (13): | 0.007 | |
Super Trend (3,10): | 3.457 | |
Zig ZAG (10): | 3.545 | |
VORTEX (21): | 1.1190 | |
Stochastique (14,3,5): | 69.35 | |
TEMA (21): | 3.556 | |
Williams %R (14): | -45.16 | |
Chande Momentum Oscillator (20): | 0.050 | |
Repulse (5,40,3): | 1.1980 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0480 | |
Courbe Coppock: | 5.17 |
MA7: | 3.561 | |
MA20: | 3.506 | |
MA50: | 3.496 | |
MA100: | 3.410 | |
MAexp7: | 3.553 | |
MAexp20: | 3.527 | |
MAexp50: | 3.485 | |
MAexp100: | 3.407 | |
Price / MA7: | -0.45% | |
Price / MA20: | +1.11% | |
Price / MA50: | +1.40% | |
Price / MA100: | +3.96% | |
Price / MAexp7: | -0.23% | |
Price / MAexp20: | +0.51% | |
Price / MAexp50: | +1.72% | |
Price / MAexp100: | +4.05% |
Quotes :
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15 min delayed data
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Euronext Lisbonne
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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