MOTA ENGIL - Daily - Technical analysis published on 12/06/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
56%
11%
33%
My opinion
Bullish above 1.205 EUR
My targets
1.281 EUR (+2.64%)
1.311 EUR (+5.05%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on MOTA ENGIL as long as the price remains well above 1.205 EUR. The buyers' bullish objective is set at 1.281 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.311 EUR. If there is any crossing, the next objective would be the resistance located at 1.340 EUR. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
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
6.6
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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 MOTA ENGIL rating is 1.248 EUR. The price registered an increase of +2.13% on the session with the lowest point at 1.212 EUR and the highest point at 1.248 EUR. The deviation from the price is +2.97% for the low point and 0% for the high point.1.212
1.248
1.248
The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.
Opening Gap DOWN
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
Technical analysis of this Daily chart of MOTA ENGIL indicates that the overall trend is strongly bullish. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
Ichimoku - Bearish crossover : Tenkan & Kijun
Type : Bearish
Timeframe : Daily
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of channel
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 | 1.120 | 1.174 | 1.205 | 1.248 | 1.253 | 1.281 | 1.311 |
Change (%) | -10.26% | -5.93% | -3.45% | - | +0.40% | +2.64% | +5.05% |
Change | -0.128 | -0.074 | -0.043 | - | +0.005 | +0.033 | +0.063 |
Level | Minor | Intermediate | Major | - | Major | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.201 | 1.209 | 1.215 | 1.223 | 1.229 | 1.237 | 1.243 |
Camarilla | 1.218 | 1.219 | 1.221 | 1.222 | 1.223 | 1.225 | 1.226 |
Woodie | 1.201 | 1.209 | 1.215 | 1.223 | 1.229 | 1.237 | 1.243 |
Fibonacci | 1.209 | 1.214 | 1.217 | 1.223 | 1.228 | 1.231 | 1.237 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.163 | 1.185 | 1.205 | 1.227 | 1.247 | 1.269 | 1.289 |
Camarilla | 1.213 | 1.216 | 1.220 | 1.224 | 1.228 | 1.232 | 1.236 |
Woodie | 1.161 | 1.185 | 1.203 | 1.227 | 1.245 | 1.269 | 1.287 |
Fibonacci | 1.185 | 1.201 | 1.211 | 1.227 | 1.243 | 1.253 | 1.269 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.141 | 1.171 | 1.201 | 1.231 | 1.261 | 1.291 | 1.321 |
Camarilla | 1.216 | 1.221 | 1.227 | 1.232 | 1.238 | 1.243 | 1.249 |
Woodie | 1.142 | 1.171 | 1.202 | 1.231 | 1.262 | 1.291 | 1.322 |
Fibonacci | 1.171 | 1.194 | 1.208 | 1.231 | 1.254 | 1.268 | 1.291 |
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): | 58.78 | |
MACD (12,26,9): | 0.0100 | |
Directional Movement: | 2.020 | |
AROON (14): | 35.714 | |
DEMA (21): | 1.247 | |
Parabolic SAR (0,02-0,02-0,2): | 1.258 | |
Elder Ray (13): | -0.005 | |
Super Trend (3,10): | 1.178 | |
Zig ZAG (10): | 1.248 | |
VORTEX (21): | 0.9150 | |
Stochastique (14,3,5): | 49.78 | |
TEMA (21): | 1.241 | |
Williams %R (14): | -23.08 | |
Chande Momentum Oscillator (20): | 0.022 | |
Repulse (5,40,3): | 4.0970 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.1870 | |
Courbe Coppock: | 0.58 |
MA7: | 1.233 | |
MA20: | 1.235 | |
MA50: | 1.182 | |
MA100: | 1.182 | |
MAexp7: | 1.235 | |
MAexp20: | 1.230 | |
MAexp50: | 1.207 | |
MAexp100: | 1.197 | |
Price / MA7: | +1.22% | |
Price / MA20: | +1.05% | |
Price / MA50: | +5.58% | |
Price / MA100: | +5.58% | |
Price / MAexp7: | +1.05% | |
Price / MAexp20: | +1.46% | |
Price / MAexp50: | +3.40% | |
Price / MAexp100: | +4.26% |
Quotes :
-
15 min delayed data
-
Euronext Lisbonne
News
The last news published on MOTA ENGIL at the time of the generation of this analysis was as follows:
- Poly Adds People Strategy Expert and HR Professional Kim Mota to Executive Team as Senior Vice President of People Experiences
- Mota Ventures sees strong sales increase amid COVID-10 Crisis
- Mota Raises $1.7 Million in Private Placement
- Mota Ventures Successful Immune Line Launch Signs Up Over 5,500 New Customers in 12 Days
- Mota Ventures Moves Forward with Its Acquisition of Spanish CBD Company Sativida
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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