LLEIDANETWORKS - Daily - Technical analysis published on 07/09/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
39%
17%
44%
My opinion
Bullish above 1.210 EUR
My targets
1.280 EUR (+2.81%)
1.355 EUR (+8.84%)
My analysis
The basic bullish trend is very strong on LLEIDANETWORKS but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 1.210 EUR. Crossing the first resistance at 1.280 EUR would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 1.355 EUR as an objective. Crossing it would then enable buyers to target 2.820 EUR. Caution, a return to below 1.210 EUR would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating 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
6.1
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Additional analysis
Quotes
The LLEIDANETWORKS price is 1.245 EUR. On the day, this instrument gained +4.62% and was between 1.190 EUR and 1.245 EUR. This implies that the price is at +4.62% from its lowest and at 0% from its highest.1.190
1.245
1.245
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of LLEIDANETWORKS indicates that the overall trend is strongly bullish. The signals given by moving averages are 89.29% bullish. This strongly bullish trend seems to be running out of steam given the signals 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 Moving Average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
The probability of a further increase is slight given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.906 | 1.060 | 1.210 | 1.245 | 1.280 | 1.355 | 2.820 |
| Change (%) | -27.23% | -14.86% | -2.81% | - | +2.81% | +8.84% | +126.51% |
| Change | -0.339 | -0.185 | -0.035 | - | +0.035 | +0.110 | +1.575 |
| Level | Intermediate | Minor | Minor | - | Intermediate | Minor | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.157 | 1.173 | 1.182 | 1.198 | 1.207 | 1.223 | 1.232 |
| Camarilla | 1.183 | 1.185 | 1.188 | 1.190 | 1.192 | 1.195 | 1.197 |
| Woodie | 1.153 | 1.171 | 1.178 | 1.196 | 1.203 | 1.221 | 1.228 |
| Fibonacci | 1.173 | 1.183 | 1.189 | 1.198 | 1.208 | 1.214 | 1.223 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.120 | 1.150 | 1.190 | 1.220 | 1.260 | 1.290 | 1.330 |
| Camarilla | 1.211 | 1.217 | 1.224 | 1.230 | 1.236 | 1.243 | 1.249 |
| Woodie | 1.125 | 1.153 | 1.195 | 1.223 | 1.265 | 1.293 | 1.335 |
| Fibonacci | 1.150 | 1.177 | 1.193 | 1.220 | 1.247 | 1.263 | 1.290 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.958 | 1.047 | 1.148 | 1.237 | 1.338 | 1.427 | 1.528 |
| Camarilla | 1.198 | 1.215 | 1.233 | 1.250 | 1.267 | 1.285 | 1.302 |
| Woodie | 0.965 | 1.050 | 1.155 | 1.240 | 1.345 | 1.430 | 1.535 |
| Fibonacci | 1.047 | 1.119 | 1.164 | 1.237 | 1.309 | 1.354 | 1.427 |
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): | 49.10 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -6.234 | |
| AROON (14): | -7.142 | |
| DEMA (21): | 1.239 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.251 | |
| Elder Ray (13): | -0.019 | |
| Super Trend (3,10): | 1.056 | |
| Zig ZAG (10): | 1.230 | |
| VORTEX (21): | 0.9360 | |
| Stochastique (14,3,5): | 46.19 | |
| TEMA (21): | 1.212 | |
| Williams %R (14): | -42.86 | |
| Chande Momentum Oscillator (20): | -0.010 | |
| Repulse (5,40,3): | 4.2190 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0800 | |
| Courbe Coppock: | 3.81 |
| MA7: | 1.224 | |
| MA20: | 1.237 | |
| MA50: | 1.231 | |
| MA100: | 1.078 | |
| MAexp7: | 1.224 | |
| MAexp20: | 1.230 | |
| MAexp50: | 1.186 | |
| MAexp100: | 1.112 | |
| Price / MA7: | +1.72% | |
| Price / MA20: | +0.65% | |
| Price / MA50: | +1.14% | |
| Price / MA100: | +15.49% | |
| Price / MAexp7: | +1.72% | |
| Price / MAexp20: | +1.22% | |
| Price / MAexp50: | +4.97% | |
| Price / MAexp100: | +11.96% |
Quotes :
-
15 min delayed data
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Spain Stocks
News
The last news published on LLEIDANETWORKS 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
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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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