NOVABASE,SGPS - Weekly - Technical analysis published on 11/01/2022 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : NEUTRAL
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Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Neutral
Technical indicators
22%
56%
22%
My opinion
Neutral between 3.66 EUR and 4.49 EUR
My targets
-
My analysis
There is no basic trend for NOVABASE,SGPS and in the short term, there are still few sellers. It is difficult to advise a trading direction under these conditions. The first support is located at 3.66 EUR. The first resistance is located at 4.49 EUR. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
Technical indicators are neutral in the very short term and are not able to influence the opinion of this 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.
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Additional analysis
Quotes
The NOVABASE,SGPS price is 4.19 EUR. Over 5 days, this instrument gained +3.46% and has been traded over the last 5 days between 4.05 EUR and 4.30 EUR. This implies that the 5 day price is +3.46% from its lowest point and -2.56% from its highest point.4.05
4.30
4.19
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Weekly chart of NOVABASE,SGPS indicates that the overall trend is not clearly defined. This indecision could turn into a bearish trend due to the slightly bearish signals currently given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : Weekly
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator: bullish divergence
Type : Bullish
Timeframe : Weekly
RSI indicator: bullish divergence
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 2.60 | 3.30 | 3.66 | 4.19 | 4.31 | 4.88 |
| Change (%) | -37.95% | -21.24% | -12.65% | - | +2.86% | +16.47% |
| Change | -1.59 | -0.89 | -0.53 | - | +0.12 | +0.69 |
| Level | Minor | Intermediate | Minor | - | Major | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.04 | 4.12 | 4.15 | 4.23 | 4.26 | 4.34 | 4.37 |
| Camarilla | 4.16 | 4.17 | 4.18 | 4.19 | 4.20 | 4.21 | 4.22 |
| Woodie | 4.03 | 4.11 | 4.14 | 4.22 | 4.25 | 4.33 | 4.36 |
| Fibonacci | 4.12 | 4.16 | 4.19 | 4.23 | 4.27 | 4.30 | 4.34 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.50 | 3.66 | 3.89 | 4.05 | 4.28 | 4.44 | 4.67 |
| Camarilla | 4.01 | 4.05 | 4.08 | 4.12 | 4.16 | 4.19 | 4.23 |
| Woodie | 3.54 | 3.68 | 3.93 | 4.07 | 4.32 | 4.46 | 4.71 |
| Fibonacci | 3.66 | 3.81 | 3.90 | 4.05 | 4.20 | 4.29 | 4.44 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.21 | 3.52 | 3.85 | 4.16 | 4.49 | 4.80 | 5.13 |
| Camarilla | 4.01 | 4.07 | 4.13 | 4.19 | 4.25 | 4.31 | 4.37 |
| Woodie | 3.23 | 3.53 | 3.87 | 4.17 | 4.51 | 4.81 | 5.15 |
| Fibonacci | 3.52 | 3.76 | 3.91 | 4.16 | 4.40 | 4.55 | 4.80 |
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): | 39.84 | |
| MACD (12,26,9): | -0.1000 | |
| Directional Movement: | -13.94 | |
| AROON (14): | -92.86 | |
| DEMA (21): | 4.30 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.68 | |
| Elder Ray (13): | -0.10 | |
| Super Trend (3,10): | 4.80 | |
| Zig ZAG (10): | 4.19 | |
| VORTEX (21): | 0.8900 | |
| Stochastique (14,3,5): | 29.48 | |
| TEMA (21): | 4.18 | |
| Williams %R (14): | -63.73 | |
| Chande Momentum Oscillator (20): | -0.48 | |
| Repulse (5,40,3): | -5.4000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1600 | |
| Courbe Coppock: | 15.65 |
| MA7: | 4.15 | |
| MA20: | 4.19 | |
| MA50: | 4.43 | |
| MA100: | 4.51 | |
| MAexp7: | 4.25 | |
| MAexp20: | 4.41 | |
| MAexp50: | 4.41 | |
| MAexp100: | 4.11 | |
| Price / MA7: | +0.96% | |
| Price / MA20: | -0% | |
| Price / MA50: | -5.42% | |
| Price / MA100: | -7.10% | |
| Price / MAexp7: | -1.41% | |
| Price / MAexp20: | -4.99% | |
| Price / MAexp50: | -4.99% | |
| Price / MAexp100: | +1.95% |
Quotes :
-
15 min delayed data
-
Euronext Lisbonne
News
Don't forget to follow the news on NOVABASE,SGPS. At the time of publication of this analysis, the latest news was as follows:
Novabase SGPSThis member declared not having a position on this financial instrument or a related financial instrument.
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