INM.COLONIAL

- EUR (-)

- 15 min delayed data - Spain Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	COL
ISIN:	ES0139140174

INM.COLONIAL - Daily - Technical analysis published on 02/23/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

17%

56%

28%

My opinion

Bullish above 6.262 EUR

My targets

7.112 EUR (+6.23%)

7.737 EUR (+15.56%)

My analysis

Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 6.262 EUR remains possible. It is advisable to trade INM.COLONIAL with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 6.262 EUR. The next bullish objective for buyers is set at 7.112 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 7.737 EUR. If there is any crossing, the next objective would be the resistance located at 8.250 EUR. PS: if there is a bearish break in the support located at 6.262 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

Technical indicators are opposing the general bullish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.

Force

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

The INM.COLONIAL price is 6.695 EUR. The price registered an increase of +2.45% on the session and was between 6.555 EUR and 6.715 EUR. This implies that the price is at +2.14% from its lowest and at -0.30% from its highest.

6.555

6.715

6.695

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by INM.COLONIAL:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this INM.COLONIAL chart shows a bullish trend. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : Daily

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

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

RSI indicator is back over 50

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:

Near support of channel

Type : Bullish

Timeframe : Daily

Near support of triangle

Type : Bullish

Timeframe : Daily

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Bullish harami

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	5.990	6.262	6.677	6.695	7.112	7.737	8.250
Change (%)	-10.53%	-6.47%	-0.27%	-	+6.23%	+15.56%	+23.23%
Change	-0.705	-0.433	-0.018	-	+0.417	+1.042	+1.555
Level	Major	Minor	Major	-	Major	Minor	Intermediate

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	6.290	6.405	6.470	6.585	6.650	6.765	6.830
Camarilla	6.486	6.502	6.519	6.535	6.552	6.568	6.585
Woodie	6.265	6.393	6.445	6.573	6.625	6.753	6.805
Fibonacci	6.405	6.474	6.516	6.585	6.654	6.696	6.765

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.475	6.555	6.715	6.795	6.955	7.035	7.195
Camarilla	6.809	6.831	6.853	6.875	6.897	6.919	6.941
Woodie	6.515	6.575	6.755	6.815	6.995	7.055	7.235
Fibonacci	6.555	6.647	6.703	6.795	6.887	6.943	7.035

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	5.472	5.773	6.227	6.528	6.982	7.283	7.737
Camarilla	6.472	6.542	6.611	6.680	6.749	6.818	6.888
Woodie	5.548	5.811	6.303	6.566	7.058	7.321	7.813
Fibonacci	5.773	6.062	6.240	6.528	6.817	6.995	7.283

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	51.03
MACD (12,26,9):	0.0470
Directional Movement:	-5.726
AROON (14):	-71.428
DEMA (21):	6.801
Parabolic SAR (0,02-0,02-0,2):	6.888
Elder Ray (13):	-0.094
Super Trend (3,10):	6.432
Zig ZAG (10):	6.700
VORTEX (21):	0.9690
Stochastique (14,3,5):	17.71
TEMA (21):	6.722
Williams %R (14):	-64.29
Chande Momentum Oscillator (20):	-0.120
Repulse (5,40,3):	-1.1020
ROCnROLL:	-1
TRIX (15,9):	0.1930
Courbe Coppock:	2.23

MA7:	6.729
MA20:	6.769
MA50:	6.495
MA100:	6.007
MAexp7:	6.708
MAexp20:	6.713
MAexp50:	6.512
MAexp100:	6.316
Price / MA7:	-0.51%
Price / MA20:	-1.09%
Price / MA50:	+3.08%
Price / MA100:	+11.45%
Price / MAexp7:	-0.19%
Price / MAexp20:	-0.27%
Price / MAexp50:	+2.81%
Price / MAexp100:	+6.00%

Quotes : - 15 min delayed data - Spain Stocks

News

Don't forget to follow the news on INM.COLONIAL. At the time of publication of this analysis, the latest news was as follows:

Colonial Increases Its Stake in SFL

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

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