CLERHP ESTR. - Daily - Technical analysis published on 03/21/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Neutral
Technical indicators
39%
22%
39%
My opinion
Bearish under 3.13 EUR
My targets
2.75 EUR (-5.17%)
2.36 EUR (-18.62%)
My analysis
The current short-term bearish trend is expected to quickly fix the basic bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for CLERHP ESTR. as long as the price remains well below 3.13 EUR. The sellers' bearish objective is set at 2.75 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 2.36 EUR. If there is any crossing, the next objective would be the support located at 2.10 EUR.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
1.3
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CLERHP ESTR. price is 2.90 EUR. The price has increased by +7.41% since the last closing with the lowest point at 2.70 EUR and the highest point at 2.90 EUR. The deviation from the price is +7.41% for the low point and 0% for the high point.2.70
2.90
2.90
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:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of CLERHP ESTR. in Daily shows a neutral overall trend. The trend could quickly turn bearish due to the strong bearish signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 2.10 | 2.36 | 2.75 | 2.90 | 3.13 | 3.54 |
| Change (%) | -27.59% | -18.62% | -5.17% | - | +7.93% | +22.07% |
| Change | -0.80 | -0.54 | -0.15 | - | +0.23 | +0.64 |
| Level | Minor | Major | Minor | - | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.49 | 2.59 | 2.64 | 2.74 | 2.79 | 2.89 | 2.94 |
| Camarilla | 2.66 | 2.67 | 2.69 | 2.70 | 2.71 | 2.73 | 2.74 |
| Woodie | 2.48 | 2.58 | 2.63 | 2.73 | 2.78 | 2.88 | 2.93 |
| Fibonacci | 2.59 | 2.64 | 2.68 | 2.74 | 2.79 | 2.83 | 2.89 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.31 | 2.45 | 2.62 | 2.76 | 2.93 | 3.07 | 3.24 |
| Camarilla | 2.72 | 2.74 | 2.77 | 2.80 | 2.83 | 2.86 | 2.89 |
| Woodie | 2.34 | 2.46 | 2.65 | 2.77 | 2.96 | 3.08 | 3.27 |
| Fibonacci | 2.45 | 2.57 | 2.64 | 2.76 | 2.88 | 2.95 | 3.07 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.01 | 2.48 | 2.74 | 3.21 | 3.47 | 3.94 | 4.20 |
| Camarilla | 2.80 | 2.87 | 2.93 | 3.00 | 3.07 | 3.13 | 3.20 |
| Woodie | 1.91 | 2.43 | 2.64 | 3.16 | 3.37 | 3.89 | 4.10 |
| Fibonacci | 2.48 | 2.76 | 2.93 | 3.21 | 3.49 | 3.66 | 3.94 |
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): | 46.47 | |
| MACD (12,26,9): | -0.1000 | |
| Directional Movement: | -8.71 | |
| AROON (14): | -42.85 | |
| DEMA (21): | 2.83 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.97 | |
| Elder Ray (13): | -0.08 | |
| Super Trend (3,10): | 3.18 | |
| Zig ZAG (10): | 2.90 | |
| VORTEX (21): | 0.8000 | |
| Stochastique (14,3,5): | 34.38 | |
| TEMA (21): | 2.72 | |
| Williams %R (14): | -50.00 | |
| Chande Momentum Oscillator (20): | -0.30 | |
| Repulse (5,40,3): | 5.9000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.4000 | |
| Courbe Coppock: | 17.96 |
| MA7: | 2.79 | |
| MA20: | 2.95 | |
| MA50: | 3.12 | |
| MA100: | 2.65 | |
| MAexp7: | 2.83 | |
| MAexp20: | 2.94 | |
| MAexp50: | 2.95 | |
| MAexp100: | 2.71 | |
| Price / MA7: | +3.94% | |
| Price / MA20: | -1.69% | |
| Price / MA50: | -7.05% | |
| Price / MA100: | +9.43% | |
| Price / MAexp7: | +2.47% | |
| Price / MAexp20: | -1.36% | |
| Price / MAexp50: | -1.69% | |
| Price / MAexp100: | +7.01% |
Quotes :
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15 min delayed data
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Spain Stocks
News
The last news published on CLERHP ESTR. at the time of the generation of this analysis was as follows:
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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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