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 - 1H - Technical analysis published on 10/27/2023 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

67%

11%

22%

My opinion

Bullish above 2.906 EUR

My targets

3.033 EUR (+0.93%)

3.120 EUR (+3.83%)

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 2.906 EUR. The buyers' bullish objective is set at 3.033 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 3.120 EUR. If there is any crossing, the next objective would be the resistance located at 3.314 EUR.

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

5.7

Comment on the analysis

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 MOTA ENGIL price is 3.005 EUR. On the day, this instrument gained +0.84% with the lowest point at 2.970 EUR and the highest point at 3.005 EUR. The deviation from the price is +1.18% for the low point and 0% for the high point.

2.970

3.005

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by MOTA ENGIL:

Technical

A technical analysis in 1H of this MOTA ENGIL chart shows a bullish trend. 71.43% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

In fact, 12 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

Near resistance of triangle

Type : Bearish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2.765	2.830	2.906	3.005	3.033	3.120	3.314
Change (%)	-7.99%	-5.82%	-3.29%	-	+0.93%	+3.83%	+10.28%
Change	-0.240	-0.175	-0.099	-	+0.028	+0.115	+0.309
Level	Minor	Major	Intermediate	-	Intermediate	Intermediate	Intermediate

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	2.808	2.847	2.913	2.952	3.018	3.057	3.123
Camarilla	2.951	2.961	2.970	2.980	2.990	2.999	3.009
Woodie	2.823	2.854	2.928	2.959	3.033	3.064	3.138
Fibonacci	2.847	2.887	2.912	2.952	2.992	3.017	3.057

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.657	2.753	2.807	2.903	2.957	3.053	3.107
Camarilla	2.819	2.833	2.846	2.860	2.874	2.888	2.901
Woodie	2.635	2.743	2.785	2.893	2.935	3.043	3.085
Fibonacci	2.753	2.811	2.846	2.903	2.961	2.996	3.053

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.265	2.545	2.985	3.265	3.705	3.985	4.425
Camarilla	3.227	3.293	3.359	3.425	3.491	3.557	3.623
Woodie	2.345	2.585	3.065	3.305	3.785	4.025	4.505
Fibonacci	2.545	2.820	2.990	3.265	3.540	3.710	3.985

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	58.28
MACD (12,26,9):	0.0080
Directional Movement:	7.981
AROON (14):	-28.571
DEMA (21):	2.984
Parabolic SAR (0,02-0,02-0,2):	2.893
Elder Ray (13):	0.017
Super Trend (3,10):	3.013
Zig ZAG (10):	3.005
VORTEX (21):	0.9830
Stochastique (14,3,5):	72.17
TEMA (21):	2.981
Williams %R (14):	-11.11
Chande Momentum Oscillator (20):	0.000
Repulse (5,40,3):	1.0470
ROCnROLL:	1
TRIX (15,9):	0.0440
Courbe Coppock:	2.10

MA7:	2.936
MA20:	2.985
MA50:	3.033
MA100:	2.660
MAexp7:	2.980
MAexp20:	2.972
MAexp50:	2.959
MAexp100:	2.974
Price / MA7:	+2.35%
Price / MA20:	+0.67%
Price / MA50:	-0.92%
Price / MA100:	+12.97%
Price / MAexp7:	+0.84%
Price / MAexp20:	+1.11%
Price / MAexp50:	+1.55%
Price / MAexp100:	+1.04%

Quotes : - 15 min delayed data - Euronext Lisbonne

News

Don't forget to follow the news on MOTA ENGIL. At the time of publication of this analysis, the latest news was as follows:

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

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