CAMPARI - 1H - Technical analysis published on 03/09/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
28%
56%
17%
My opinion
Bearish under 10.824 EUR
My targets
10.370 EUR (-2.35%)
10.262 EUR (-3.37%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on CAMPARI as long as the price remains well below 10.824 EUR. The sellers' bearish objective is set at 10.370 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 10.262 EUR. In case of crossing, the next objective would be the support located at 10.073 EUR.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
4.1
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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 CAMPARI price is 10.620 EUR. The price registered a decrease of -0.19% on the session with the lowest point at 10.545 EUR and the highest point at 10.680 EUR. The deviation from the price is +0.71% for the low point and -0.56% for the high point.10.545
10.680
10.620
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
Here is a more detailed summary of the historical variations registered by CAMPARI:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of CAMPARI in 1H shows an overall bearish trend. The signals given by moving averages are 64.29% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
The Central Indicators scanner found this result concerning these indicators:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 10.073 | 10.262 | 10.370 | 10.620 | 10.625 | 10.824 | 12.215 |
| Change (%) | -5.15% | -3.37% | -2.35% | - | +0.05% | +1.92% | +15.02% |
| Change | -0.547 | -0.358 | -0.250 | - | +0.005 | +0.204 | +1.595 |
| Level | Intermediate | Minor | Major | - | Minor | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.473 | 10.537 | 10.588 | 10.652 | 10.703 | 10.767 | 10.818 |
| Camarilla | 10.608 | 10.619 | 10.630 | 10.640 | 10.651 | 10.661 | 10.672 |
| Woodie | 10.468 | 10.534 | 10.583 | 10.649 | 10.698 | 10.764 | 10.813 |
| Fibonacci | 10.537 | 10.581 | 10.608 | 10.652 | 10.696 | 10.723 | 10.767 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.982 | 10.183 | 10.487 | 10.688 | 10.992 | 11.193 | 11.497 |
| Camarilla | 10.651 | 10.697 | 10.744 | 10.790 | 10.836 | 10.883 | 10.929 |
| Woodie | 10.033 | 10.209 | 10.538 | 10.714 | 11.043 | 11.219 | 11.548 |
| Fibonacci | 10.183 | 10.376 | 10.495 | 10.688 | 10.881 | 11.000 | 11.193 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.917 | 9.362 | 9.979 | 10.424 | 11.041 | 11.486 | 12.103 |
| Camarilla | 10.303 | 10.400 | 10.498 | 10.595 | 10.692 | 10.790 | 10.887 |
| Woodie | 9.002 | 9.405 | 10.064 | 10.467 | 11.126 | 11.529 | 12.188 |
| Fibonacci | 9.362 | 9.768 | 10.019 | 10.424 | 10.830 | 11.081 | 11.486 |
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): | 40.90 | |
| MACD (12,26,9): | -0.0320 | |
| Directional Movement: | -8.237 | |
| AROON (14): | -57.143 | |
| DEMA (21): | 10.610 | |
| Parabolic SAR (0,02-0,02-0,2): | 10.676 | |
| Elder Ray (13): | -0.021 | |
| Super Trend (3,10): | 10.737 | |
| Zig ZAG (10): | 10.605 | |
| VORTEX (21): | 0.8860 | |
| Stochastique (14,3,5): | 38.43 | |
| TEMA (21): | 10.587 | |
| Williams %R (14): | -61.77 | |
| Chande Momentum Oscillator (20): | -0.030 | |
| Repulse (5,40,3): | 0.0810 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0370 | |
| Courbe Coppock: | 1.91 |
| MA7: | 10.678 | |
| MA20: | 10.539 | |
| MA50: | 10.150 | |
| MA100: | 9.917 | |
| MAexp7: | 10.614 | |
| MAexp20: | 10.649 | |
| MAexp50: | 10.672 | |
| MAexp100: | 10.631 | |
| Price / MA7: | -0.54% | |
| Price / MA20: | +0.77% | |
| Price / MA50: | +4.63% | |
| Price / MA100: | +7.09% | |
| Price / MAexp7: | +0.06% | |
| Price / MAexp20: | -0.27% | |
| Price / MAexp50: | -0.49% | |
| Price / MAexp100: | -0.10% |
Quotes :
-
15 min delayed data
-
Italy Stocks
News
Don't forget to follow the news on CAMPARI. At the time of publication of this analysis, the latest news was as follows:
- Campari® Poised to Bring Great Stories to Life Through 75th Festival de Cannes
- Acclaimed Master Distiller Jesus Susunaga Acosta Named New Maestro Tequilero at Casa San Nicolás
- Moët Hennessy and Campari Group to partner in a 50/50 joint venture to create a premium pan-European Wines & Spirits e-commerce player through Tannico
- Moët Hennessy and Campari Group to partner in a 50/50 joint venture to create a premium pan-European Wines & Spirits e-commerce player through Tannico
- Campari Brings Red Passion to Life in New Inspirational Digital Campaign
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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