CLERHP ESTR.

153.03 EUR (+4.15%)

03/05/2025 - 20:59 Preopen 15 min delayed data - Spain Stocks

Open:	147.54
Change:	+6.09
Volume:	466,543

Low:	145.08
High:	153.30
High / Low range:	8.22

Type:	Stocks
Ticker:	CLR
ISIN:	ES0105121000

CLERHP ESTR. - Daily - Technical analysis published on 10/31/2022 (GMT)

168
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10/31/2022 - 09:35
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Londinia

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Timeframe : Daily
- Analysis generated on 10/31/2022 - 09:35
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

61%

39%

My opinion

Bearish under 1.563 EUR

My targets

1.337 EUR (-11.48%)

1.300 EUR (-13.91%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on CLERHP ESTR.. As long as you are under the resistance located at 1.563 EUR, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 1.337 EUR would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 1.300 EUR as an objective. Crossing it would then enable sellers to target 1.168 EUR. If the resistance 1.563 EUR were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

Technical indicators are opposing the general bearish 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

0.5

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.

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

Additional analysis

Quotes

The CLERHP ESTR. rating is 1.510 EUR. The price has increased by +14.39% since the last closing and was between 1.420 EUR and 1.550 EUR. This implies that the price is at +6.34% from its lowest and at -2.58% from its highest.

1.420

1.550

1.510

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

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

The Central Records scanner for higher/lower results shows the following items:

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this CLERHP ESTR. chart shows a bearish trend. The signals given by moving averages are 71.43% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

MACD indicator: bullish divergence

Type : Bullish

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:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : Daily

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

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

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.168	1.300	1.493	1.510	1.685	1.833	1.930
Change (%)	-22.65%	-13.91%	-1.13%	-	+11.59%	+21.39%	+27.81%
Change	-0.342	-0.210	-0.017	-	+0.175	+0.323	+0.420
Level	Major	Minor	Intermediate	-	Minor	Intermediate	Major

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	1.260	1.280	1.300	1.320	1.340	1.360	1.380
Camarilla	1.309	1.313	1.316	1.320	1.324	1.327	1.331
Woodie	1.260	1.280	1.300	1.320	1.340	1.360	1.380
Fibonacci	1.280	1.295	1.305	1.320	1.335	1.345	1.360

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.193	1.247	1.283	1.337	1.373	1.427	1.463
Camarilla	1.295	1.304	1.312	1.320	1.328	1.337	1.345
Woodie	1.185	1.243	1.275	1.333	1.365	1.423	1.455
Fibonacci	1.247	1.281	1.302	1.337	1.371	1.392	1.427

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.977	1.203	1.337	1.563	1.697	1.923	2.057
Camarilla	1.371	1.404	1.437	1.470	1.503	1.536	1.569
Woodie	0.930	1.180	1.290	1.540	1.650	1.900	2.010
Fibonacci	1.203	1.341	1.426	1.563	1.701	1.786	1.923

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):	54.57
MACD (12,26,9):	-0.0550
Directional Movement:	10.989
AROON (14):	14.286
DEMA (21):	1.362
Parabolic SAR (0,02-0,02-0,2):	1.300
Elder Ray (13):	0.071
Super Trend (3,10):	1.287
Zig ZAG (10):	1.510
VORTEX (21):	0.7500
Stochastique (14,3,5):	38.53
TEMA (21):	1.370
Williams %R (14):	-16.00
Chande Momentum Oscillator (20):	0.070
Repulse (5,40,3):	6.7120
ROCnROLL:	-1
TRIX (15,9):	-0.6010
Courbe Coppock:	11.46

MA7:	1.377
MA20:	1.436
MA50:	1.581
MA100:	1.752
MAexp7:	1.401
MAexp20:	1.441
MAexp50:	1.558
MAexp100:	1.652
Price / MA7:	+9.66%
Price / MA20:	+5.15%
Price / MA50:	-4.49%
Price / MA100:	-13.81%
Price / MAexp7:	+7.78%
Price / MAexp20:	+4.79%
Price / MAexp50:	-3.08%
Price / MAexp100:	-8.60%

Quotes : 10/31/2022 - 08:35 - 15 min delayed data - Spain Stocks

News

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

03/08/2021 - 10:22 CLERHP Estructuras Signs a 10,000,000 Euros Equity Commitment With LDA CAPITAL

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

About author

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…