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 12/10/2019 (GMT)

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Timeframe : Daily
- Analysis generated on
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Summary of the analysis

Trends

Court terme: Bullish

De fond: Strongly bullish

Technical indicators

56%

11%

33%

My opinion

Bullish above 11.36 EUR

My targets

11.90 EUR (+2.94%)

12.56 EUR (+8.68%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on INM.COLONIAL as long as the price remains well above 11.36 EUR. The buyers” bullish objective is set at 11.90 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 12.56 EUR. If there is any crossing, the next objective would be the resistance located at 235.94 EUR. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.

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

FORCE

6.8

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The INM.COLONIAL price is 11.56 EUR. On the day, this instrument gained +0.43% with the lowest point at 11.46 EUR and the highest point at 11.64 EUR. The deviation from the price is +0.87% for the low point and -0.69% for the high point.

11.46

11.64

11.56

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of INM.COLONIAL indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily

An assessment of technical indicators shows a moderate bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Bearish harami

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	9.78	10.14	11.36	11.56	11.90	235.94	1,385.91
Change (%)	-15.40%	-12.28%	-1.73%	-	+2.94%	+1,941.00%	+11,888.84%
Change	-1.78	-1.42	-0.20	-	+0.34	+224.38	+1,374.35
Level	Minor	Major	Major	-	Major	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	11.37	11.43	11.47	11.53	11.57	11.63	11.67
Camarilla	11.48	11.49	11.50	11.51	11.52	11.53	11.54
Woodie	11.36	11.43	11.46	11.53	11.56	11.63	11.66
Fibonacci	11.43	11.47	11.49	11.53	11.57	11.59	11.63

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.95	11.10	11.35	11.50	11.75	11.90	12.15
Camarilla	11.50	11.54	11.57	11.61	11.65	11.68	11.72
Woodie	11.01	11.13	11.41	11.53	11.81	11.93	12.21
Fibonacci	11.10	11.25	11.34	11.50	11.65	11.74	11.90

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.43	10.84	11.14	11.55	11.85	12.26	12.56
Camarilla	11.26	11.32	11.39	11.45	11.52	11.58	11.65
Woodie	10.39	10.81	11.10	11.52	11.81	12.23	12.52
Fibonacci	10.84	11.11	11.28	11.55	11.82	11.99	12.26

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):	53.92
MACD (12,26,9):	0.0000
Directional Movement:	3.39
AROON (14):	-64.29
DEMA (21):	11.49
Parabolic SAR (0,02-0,02-0,2):	11.26
Elder Ray (13):	0.07
Super Trend (3,10):	11.87
Zig ZAG (10):	11.56
VORTEX (21):	0.9700
Stochastique (14,3,5):	54.29
TEMA (21):	11.42
Williams %R (14):	-31.82
Chande Momentum Oscillator (20):	0.13
Repulse (5,40,3):	0.1100
ROCnROLL:	1
TRIX (15,9):	0.0000
Courbe Coppock:	3.71

MA7:	11.41
MA20:	11.53
MA50:	11.48
MA100:	10.96
MAexp7:	11.47
MAexp20:	11.48
MAexp50:	11.36
MAexp100:	11.00
Price / MA7:	+1.31%
Price / MA20:	+0.26%
Price / MA50:	+0.70%
Price / MA100:	+5.47%
Price / MAexp7:	+0.78%
Price / MAexp20:	+0.70%
Price / MAexp50:	+1.76%
Price / MAexp100:	+5.09%

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

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