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GRIFOLS B
GRIFOLS B
- EUR (-)
- 15 min delayed data - Spain Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: GRF.P
ISIN: ES0171996095

GRIFOLS B - 1H - Technical analysis published on 09/12/2023 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Slightly bullish
Technical indicators
89%
6%
6%
My opinion
Bullish above 8.731 EUR
My targets
8.899 EUR (+0.95%)
9.130 EUR (+3.57%)
My analysis
The strong short-term increase for GRIFOLS B reinforces the current slightly bullish trend. As long as the price remains above 8.731 EUR, you could take advantage of this bullish acceleration. The first bullish objective is located at 8.899 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 9.130 EUR as an objective. Crossing it would then enable buyers to target 9.458 EUR. A return to 8.731 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.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
4.8

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:
15 min. Daily Weekly

Additional analysis

Quotes

The GRIFOLS B price is 8.815 EUR. The price has increased by +3.10% since the last closing and was traded between 8.645 EUR and 8.950 EUR over the period. The price is currently at +1.97% from its lowest and -1.51% from its highest.

8.645
8.950
8.815

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Central Gaps

Opening Gap UP

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 Central Records scanner for higher/lower results shows an item:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 1H of this GRIFOLS B chart shows a slightly bullish trend. Only 53.57% of the signals given by moving averages are bullish. This slightly bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour

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 3

Type : Neutral

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



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

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : 1 hour


Bearish harami cross

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 8.485 8.620 8.731 8.815 8.899 9.130 9.458
Change (%) -3.74% -2.21% -0.95% - +0.95% +3.57% +7.29%
Change -0.330 -0.195 -0.084 - +0.084 +0.315 +0.643
Level Minor Minor Major - Intermediate Intermediate 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
Standard8.2938.3478.4488.5028.6038.6578.758
Camarilla8.5078.5228.5368.5508.5648.5788.593
Woodie8.3188.3598.4738.5148.6288.6698.783
Fibonacci8.3478.4068.4438.5028.5618.5988.657


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.4437.8528.0838.4928.7239.1329.363
Camarilla8.1398.1988.2568.3158.3748.4328.491
Woodie7.3557.8087.9958.4488.6359.0889.275
Fibonacci7.8528.0968.2478.4928.7368.8879.132


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.2037.9128.3339.0429.46310.17210.593
Camarilla8.4448.5488.6518.7558.8598.9629.066
Woodie7.0607.8408.1908.9709.32010.10010.450
Fibonacci7.9128.3438.6109.0429.4739.74010.172

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): 69.23
MACD (12,26,9): 0.0410
Directional Movement: 37.569
AROON (14): 85.714
DEMA (21): 8.548
Parabolic SAR (0,02-0,02-0,2): 8.376
Elder Ray (13): 0.289
Super Trend (3,10): 8.558
Zig ZAG (10): 8.810
VORTEX (21): 1.0670
Stochastique (14,3,5): 89.86
TEMA (21): 8.642
Williams %R (14): -20.59
Chande Momentum Oscillator (20): 0.490
Repulse (5,40,3): 1.8040
ROCnROLL: 1
TRIX (15,9): -0.0420
Courbe Coppock: 6.25
MA7: 8.588
MA20: 8.900
MA50: 8.972
MA100: 8.398
MAexp7: 8.637
MAexp20: 8.527
MAexp50: 8.573
MAexp100: 8.704
Price / MA7: +2.64%
Price / MA20: -0.96%
Price / MA50: -1.75%
Price / MA100: +4.97%
Price / MAexp7: +2.06%
Price / MAexp20: +3.38%
Price / MAexp50: +2.82%
Price / MAexp100: +1.28%

Quotes : - 15 min delayed data - Spain Stocks

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

About author

Londinia
Londinia AI

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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

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