MOTA ENGIL
MOTA ENGIL
- EUR (-)
- 15 min delayed data - Euronext Lisbonne
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: EGL
ISIN: PTMEN0AE0005

MOTA ENGIL - Daily - Technical analysis published on 12/06/2022 (GMT)

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  • Timeframe : Daily
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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

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:
15 min. 1H Weekly

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.

Central Gaps

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:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

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:

Central Indicators

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:

Central Indicators

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:

Central Patterns

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


S3S2S1PriceR1R2R3
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
Standard1.2011.2091.2151.2231.2291.2371.243
Camarilla1.2181.2191.2211.2221.2231.2251.226
Woodie1.2011.2091.2151.2231.2291.2371.243
Fibonacci1.2091.2141.2171.2231.2281.2311.237


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.1631.1851.2051.2271.2471.2691.289
Camarilla1.2131.2161.2201.2241.2281.2321.236
Woodie1.1611.1851.2031.2271.2451.2691.287
Fibonacci1.1851.2011.2111.2271.2431.2531.269


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.1411.1711.2011.2311.2611.2911.321
Camarilla1.2161.2211.2271.2321.2381.2431.249
Woodie1.1421.1711.2021.2311.2621.2911.322
Fibonacci1.1711.1941.2081.2311.2541.2681.291

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

This member declared not having a position on this financial instrument or a related financial instrument.

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