TELEFONICA

- EUR (-)

- 15 min delayed data - Italy Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	1TEF
ISIN:	ES0178430E18

TELEFONICA - Daily - Technical analysis published on 10/04/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Bearish

Underlying: Slightly bearish

Technical indicators

11%

67%

22%

My opinion

Bearish under 3.952 EUR

My targets

3.536 EUR (-5.91%)

3.302 EUR (-12.13%)

My analysis

The bearish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade TELEFONICA with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 3.952 EUR. The next bearish objective for sellers is set at 3.536 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 3.302 EUR. In case of crossing, the next objective would be the support located at 3.118 EUR. In the event of a bullish break in the resistance located at 3.952 EUR a certain indecision would take hold.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.

Force

3.9

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.

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Additional analysis

Quotes

TELEFONICA rating 3.758 EUR. On the day, this instrument lost -2.87% and was between 3.758 EUR and 3.832 EUR. This implies that the price is at 0% from its lowest and at -1.93% from its highest.

3.758

3.832

3.758

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

Technical

Technical analysis of TELEFONICA in Daily shows an overall slightly bearish trend. Only 57.14% of the signals given by moving averages are bearish. This slightly bearish trend is not supported by the signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 12 technical indicators on 18 studied are currently bearish. The Central Indicators scanner found no further results concerning independent technical indicators.

The analysis of the price chart with Central Patterns scanners does not return any result.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	3.118	3.302	3.536	3.758	3.802	3.952	4.092
Change (%)	-17.03%	-12.13%	-5.91%	-	+1.17%	+5.16%	+8.89%
Change	-0.640	-0.456	-0.222	-	+0.044	+0.194	+0.334
Level	Intermediate	Intermediate	Major	-	Minor	Major	Minor

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	3.869	3.869	3.869	3.869	3.869	3.869	3.869
Camarilla	3.869	3.869	3.869	3.869	3.869	3.869	3.869
Woodie	3.869	3.869	3.869	3.869	3.869	3.869	3.869
Fibonacci	3.869	3.869	3.869	3.869	3.869	3.869	3.869

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3.625	3.730	3.798	3.903	3.971	4.076	4.144
Camarilla	3.818	3.834	3.850	3.866	3.882	3.898	3.914
Woodie	3.607	3.721	3.780	3.894	3.953	4.067	4.126
Fibonacci	3.730	3.796	3.837	3.903	3.969	4.010	4.076

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3.357	3.551	3.708	3.902	4.059	4.253	4.410
Camarilla	3.770	3.802	3.834	3.866	3.898	3.930	3.963
Woodie	3.340	3.542	3.691	3.893	4.042	4.244	4.393
Fibonacci	3.551	3.685	3.768	3.902	4.036	4.119	4.253

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):	39.70
MACD (12,26,9):	0.0190
Directional Movement:	-18.957
AROON (14):	-64.286
DEMA (21):	3.926
Parabolic SAR (0,02-0,02-0,2):	4.012
Elder Ray (13):	-0.097
Super Trend (3,10):	3.952
Zig ZAG (10):	3.758
VORTEX (21):	0.8370
Stochastique (14,3,5):	8.33
TEMA (21):	3.901
Williams %R (14):	-100.00
Chande Momentum Oscillator (20):	-0.227
Repulse (5,40,3):	-2.4760
ROCnROLL:	2
TRIX (15,9):	0.2090
Courbe Coppock:	0.76

MA7:	3.871
MA20:	3.922
MA50:	3.791
MA100:	3.757
MAexp7:	3.868
MAexp20:	3.886
MAexp50:	3.824
MAexp100:	3.767
Price / MA7:	-2.92%
Price / MA20:	-4.18%
Price / MA50:	-0.87%
Price / MA100:	+0.03%
Price / MAexp7:	-2.84%
Price / MAexp20:	-3.29%
Price / MAexp50:	-1.73%
Price / MAexp100:	-0.24%

Quotes : - 15 min delayed data - Italy Stocks

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

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