SQUIRREL MEDIA

- EUR (-)

- 15 min delayed data - Spain Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	SQRL
ISIN:	ES0183304080

SQUIRREL MEDIA - Daily - Technical analysis published on 10/11/2023 (GMT)

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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

17%

61%

22%

My opinion

Bearish under 1.90 EUR

My targets

1.74 EUR (-3.33%)

1.60 EUR (-11.11%)

My analysis

The bearish trend is currently very strong for SQUIRREL MEDIA. As long as the price remains below the resistance at 1.90 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 1.74 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1.60 EUR as an objective. Crossing it would then enable sellers to target 1.38 EUR. 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.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.

Force

7.5

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

SQUIRREL MEDIA rating 1.80 EUR. The price is lower by -7.69% since the last closing with the lowest point at 1.80 EUR and the highest point at 1.89 EUR. The deviation from the price is 0% for the low point and -4.76% for the high point.

1.80

1.89

1.80

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

Technical

Technical analysis of this Daily chart of SQUIRREL MEDIA indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The probability of a further decline is moderate given the direction of the technical indicators.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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

ProTrendLines

Price

	Price	R1	R2	R3
ProTrendLines	1.80	1.90	2.04	2.22
Change (%)	-	+5.56%	+13.33%	+23.33%
Change	-	+0.10	+0.24	+0.42
Level	-	Intermediate	Minor	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.87	1.88	1.92	1.93	1.97	1.98	2.02
Camarilla	1.94	1.94	1.95	1.95	1.96	1.96	1.96
Woodie	1.88	1.89	1.93	1.94	1.98	1.99	2.03
Fibonacci	1.88	1.90	1.91	1.93	1.95	1.96	1.98

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.64	1.70	1.83	1.89	2.02	2.08	2.21
Camarilla	1.90	1.92	1.93	1.95	1.97	1.99	2.00
Woodie	1.67	1.72	1.86	1.91	2.05	2.10	2.24
Fibonacci	1.70	1.78	1.82	1.89	1.97	2.01	2.08

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.38	1.60	1.74	1.96	2.10	2.32	2.46
Camarilla	1.78	1.81	1.85	1.88	1.91	1.95	1.98
Woodie	1.34	1.58	1.70	1.94	2.06	2.30	2.42
Fibonacci	1.60	1.74	1.82	1.96	2.10	2.18	2.32

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):	38.42
MACD (12,26,9):	-0.0600
Directional Movement:	-12.55
AROON (14):	-78.57
DEMA (21):	1.83
Parabolic SAR (0,02-0,02-0,2):	1.95
Elder Ray (13):	-0.05
Super Trend (3,10):	2.09
Zig ZAG (10):	1.80
VORTEX (21):	0.8100
Stochastique (14,3,5):	45.58
TEMA (21):	1.82
Williams %R (14):	-88.00
Chande Momentum Oscillator (20):	-0.12
Repulse (5,40,3):	-0.7900
ROCnROLL:	2
TRIX (15,9):	-0.4900
Courbe Coppock:	14.02

MA7:	1.86
MA20:	1.92
MA50:	2.06
MA100:	2.16
MAexp7:	1.87
MAexp20:	1.92
MAexp50:	2.03
MAexp100:	2.13
Price / MA7:	-3.23%
Price / MA20:	-6.25%
Price / MA50:	-12.62%
Price / MA100:	-16.67%
Price / MAexp7:	-3.74%
Price / MAexp20:	-6.25%
Price / MAexp50:	-11.33%
Price / MAexp100:	-15.49%

Quotes : - 15 min delayed data - Spain Stocks

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

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