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PININFARINA SPA
PININFARINA SPA
- EUR (-)
- 15 min delayed data - Italy Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: PINF
ISIN: IT0003056386

PININFARINA SPA - Daily - Technical analysis published on 04/25/2024 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Slightly bullish
Technical indicators
72%
17%
11%
My opinion
Bullish above 0.730 EUR
My targets
0.797 EUR (+2.18%)
0.836 EUR (+7.18%)
My analysis
The strong short-term increase for PININFARINA SPA reinforces the current slightly bullish trend. As long as the price remains above 0.730 EUR, you could take advantage of this bullish acceleration. The first bullish objective is located at 0.797 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.836 EUR as an objective. Crossing it would then enable buyers to target 0.876 EUR. A return to 0.730 EUR would be a sign of a possible correction of short-term bullish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
4.6

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.

Londinia
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Weekly

Additional analysis

Quotes

The PININFARINA SPA rating is 0.780 EUR. The price has increased by +6.85% since the last closing and was between 0.748 EUR and 0.782 EUR. This implies that the price is at +4.28% from its lowest and at -0.26% from its highest.

0.748
0.782
0.780

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

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 results:

Central Records

New LOW record (5 years)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Abnormal volumes on PININFARINA SPA were detected by the Central Volumes scanner:

Central Volumes

Abnormal volumes

Timeframe : 5 days

Technical


A technical analysis in Daily of this PININFARINA SPA chart shows a slightly bullish trend. 60.71% of the signals given by moving averages are bullish. The overall trend could accelerate as strong bullish signals from short-term moving averages are expected. An assessment of moving averages reveals 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 Moving Average 50

Type : Bullish

Timeframe : Daily


Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily



The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily


RSI indicator is back over 50

Type : Bullish

Timeframe : Daily


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily


Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily


Resistance of channel is broken

Type : Bullish

Timeframe : Daily



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


ProTrendLines
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
ProTrendLines 0.730 0.772 0.780 0.797 0.836 0.876
Change (%) -6.41% -1.03% - +2.18% +7.18% +12.31%
Change -0.050 -0.008 - +0.017 +0.056 +0.096
Level Intermediate Minor - Intermediate Minor Minor



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
Standard0.6590.6810.7050.7270.7510.7730.797
Camarilla0.7170.7220.7260.7300.7340.7380.743
Woodie0.6610.6820.7070.7280.7530.7740.799
Fibonacci0.6810.6980.7090.7270.7440.7550.773


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.6610.6970.7150.7510.7690.8050.823
Camarilla0.7190.7240.7290.7340.7390.7440.749
Woodie0.6530.6930.7070.7470.7610.8010.815
Fibonacci0.6970.7170.7300.7510.7710.7840.805


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.6530.6870.7330.7670.8130.8470.893
Camarilla0.7580.7650.7730.7800.7870.7950.802
Woodie0.6600.6900.7400.7700.8200.8500.900
Fibonacci0.6870.7170.7360.7670.7970.8160.847

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): 56.61
MACD (12,26,9): -0.0080
Directional Movement: 3.045
AROON (14): -71.428
DEMA (21): 0.740
Parabolic SAR (0,02-0,02-0,2): 0.668
Elder Ray (13): 0.019
Super Trend (3,10): 0.788
Zig ZAG (10): 0.780
VORTEX (21): 0.9410
Stochastique (14,3,5): 56.94
TEMA (21): 0.738
Williams %R (14): -6.67
Chande Momentum Oscillator (20): 0.012
Repulse (5,40,3): 5.6380
ROCnROLL: 1
TRIX (15,9): -0.1380
Courbe Coppock: 8.18
MA7: 0.738
MA20: 0.757
MA50: 0.767
MA100: 0.777
MAexp7: 0.743
MAexp20: 0.751
MAexp50: 0.763
MAexp100: 0.775
Price / MA7: +5.69%
Price / MA20: +3.04%
Price / MA50: +1.69%
Price / MA100: +0.39%
Price / MAexp7: +4.98%
Price / MAexp20: +3.86%
Price / MAexp50: +2.23%
Price / MAexp100: +0.65%

Quotes : - 15 min delayed data - Italy Stocks

News


The latest news and videos published on PININFARINA SPA at the time of the analysis were as follows:

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

About author

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