GLOBAL FASHION GRP EO-.01

- EUR (-)

- 15 min delayed data - Germany Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	GFG
ISIN:	LU2010095458

GLOBAL FASHION GRP EO-.01 - Daily - Technical analysis published on 04/03/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

50%

11%

39%

My opinion

Bearish under 0.9923 EUR

My targets

0.8920 EUR (-7.47%)

My analysis

The bearish trend is currently very strong for GLOBAL FASHION GRP EO-.01. As long as the price remains below the resistance at 0.9923 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.8920 EUR. The bearish momentum would be revived by a break in this support. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.

Force

4.8

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 GLOBAL FASHION GRP EO-.01 rating is 0.9640 EUR. The price is lower by -0.05% since the last closing and was traded between 0.9600 EUR and 0.9960 EUR over the period. The price is currently at +0.42% from its lowest and -3.21% from its highest.

0.9600

0.9960

0.9640

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

A technical analysis in Daily of this GLOBAL FASHION GRP EO-.01 chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a slightly bullish signal.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	0.8920	0.9640	1.0829	1.3921	1.6510
Change (%)	-7.47%	-	+12.33%	+44.41%	+71.27%
Change	-0.0720	-	+0.1189	+0.4281	+0.6870
Level	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	0.8748	0.8962	0.9303	0.9517	0.9858	1.0072	1.0413
Camarilla	0.9492	0.9543	0.9594	0.9645	0.9696	0.9747	0.9798
Woodie	0.8813	0.8994	0.9368	0.9549	0.9923	1.0104	1.0478
Fibonacci	0.8962	0.9174	0.9305	0.9517	0.9729	0.9860	1.0072

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.8215	0.8535	0.9090	0.9410	0.9965	1.0285	1.0840
Camarilla	0.9404	0.9485	0.9565	0.9645	0.9725	0.9805	0.9886
Woodie	0.8333	0.8594	0.9208	0.9469	1.0083	1.0344	1.0958
Fibonacci	0.8535	0.8869	0.9076	0.9410	0.9744	0.9951	1.0285

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6162	0.7508	0.8577	0.9923	1.0992	1.2338	1.3407
Camarilla	0.8981	0.9202	0.9424	0.9645	0.9866	1.0088	1.0309
Woodie	0.6023	0.7439	0.8438	0.9854	1.0853	1.2269	1.3268
Fibonacci	0.7508	0.8431	0.9001	0.9923	1.0846	1.1416	1.2338

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):	45.21
MACD (12,26,9):	-0.0370
Directional Movement:	0.0820
AROON (14):	-64.2857
DEMA (21):	0.9187
Parabolic SAR (0,02-0,02-0,2):	0.8905
Elder Ray (13):	0.0238
Super Trend (3,10):	1.0668
Zig ZAG (10):	0.9640
VORTEX (21):	0.9390
Stochastique (14,3,5):	36.06
TEMA (21):	0.9215
Williams %R (14):	-61.04
Chande Momentum Oscillator (20):	0.0260
Repulse (5,40,3):	3.9004
ROCnROLL:	-1
TRIX (15,9):	-0.6335
Courbe Coppock:	15.75

MA7:	0.9310
MA20:	0.9713
MA50:	1.0656
MA100:	1.1289
MAexp7:	0.9472
MAexp20:	0.9722
MAexp50:	1.0493
MAexp100:	1.1467
Price / MA7:	+3.54%
Price / MA20:	-0.75%
Price / MA50:	-9.53%
Price / MA100:	-14.61%
Price / MAexp7:	+1.77%
Price / MAexp20:	-0.84%
Price / MAexp50:	-8.13%
Price / MAexp100:	-15.93%

Quotes : - 15 min delayed data - Germany Stocks

News

Don't forget to follow the news on GLOBAL FASHION GRP EO-.01. 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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