ALTRI SGPS - 1H - Technical analysis published on 07/14/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
39%
39%
My opinion
Bearish under 6.261 EUR
My targets
6.030 EUR (-1.07%)
5.865 EUR (-3.77%)
My analysis
ALTRI SGPS is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 6.261 EUR. The next support located at 6.030 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 5.865 EUR. Below this support, sellers could then target 5.705 EUR. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
5.5
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ALTRI SGPS rating 6.095 EUR. The price registered an increase of +0.16% on the session and was traded between 6.080 EUR and 6.120 EUR over the period. The price is currently at +0.25% from its lowest and -0.41% from its highest.6.080
6.120
6.095
The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of ALTRI SGPS indicates that the overall trend is strongly bearish. The signals given by moving averages are 82.14% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near support of channel
Type : Bullish
Timeframe : 1 hour
Near support of triangle
Type : Bullish
Timeframe : 1 hour
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 | 5.705 | 5.865 | 6.030 | 6.095 | 6.120 | 6.261 | 6.463 |
| Change (%) | -6.40% | -3.77% | -1.07% | - | +0.41% | +2.72% | +6.04% |
| Change | -0.390 | -0.230 | -0.065 | - | +0.025 | +0.166 | +0.368 |
| Level | Intermediate | Minor | Intermediate | - | Minor | Intermediate | Major |
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 | 5.765 | 5.875 | 5.980 | 6.090 | 6.195 | 6.305 | 6.410 |
| Camarilla | 6.026 | 6.046 | 6.065 | 6.085 | 6.105 | 6.124 | 6.144 |
| Woodie | 5.763 | 5.874 | 5.978 | 6.089 | 6.193 | 6.304 | 6.408 |
| Fibonacci | 5.875 | 5.957 | 6.008 | 6.090 | 6.172 | 6.223 | 6.305 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.988 | 5.347 | 5.768 | 6.127 | 6.548 | 6.907 | 7.328 |
| Camarilla | 5.976 | 6.047 | 6.119 | 6.190 | 6.262 | 6.333 | 6.405 |
| Woodie | 5.020 | 5.363 | 5.800 | 6.143 | 6.580 | 6.923 | 7.360 |
| Fibonacci | 5.347 | 5.645 | 5.829 | 6.127 | 6.425 | 6.609 | 6.907 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.430 | 5.740 | 6.055 | 6.365 | 6.680 | 6.990 | 7.305 |
| Camarilla | 6.198 | 6.255 | 6.313 | 6.370 | 6.427 | 6.485 | 6.542 |
| Woodie | 5.433 | 5.741 | 6.058 | 6.366 | 6.683 | 6.991 | 7.308 |
| Fibonacci | 5.740 | 5.979 | 6.126 | 6.365 | 6.604 | 6.751 | 6.990 |
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): | 44.09 | |
| MACD (12,26,9): | -0.0310 | |
| Directional Movement: | -5.903 | |
| AROON (14): | -42.857 | |
| DEMA (21): | 6.091 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.221 | |
| Elder Ray (13): | -0.003 | |
| Super Trend (3,10): | 6.233 | |
| Zig ZAG (10): | 6.085 | |
| VORTEX (21): | 0.9230 | |
| Stochastique (14,3,5): | 30.69 | |
| TEMA (21): | 6.060 | |
| Williams %R (14): | -65.52 | |
| Chande Momentum Oscillator (20): | -0.150 | |
| Repulse (5,40,3): | 0.2470 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0390 | |
| Courbe Coppock: | 5.77 |
| MA7: | 6.087 | |
| MA20: | 6.285 | |
| MA50: | 6.208 | |
| MA100: | 6.104 | |
| MAexp7: | 6.082 | |
| MAexp20: | 6.123 | |
| MAexp50: | 6.154 | |
| MAexp100: | 6.200 | |
| Price / MA7: | +0.13% | |
| Price / MA20: | -3.02% | |
| Price / MA50: | -1.82% | |
| Price / MA100: | -0.15% | |
| Price / MAexp7: | +0.21% | |
| Price / MAexp20: | -0.46% | |
| Price / MAexp50: | -0.96% | |
| Price / MAexp100: | -1.69% |
Quotes :
-
15 min delayed data
-
Euronext Lisbonne
This member declared not having a position on this financial instrument or a related financial instrument.
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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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