CAMPARI - 1H - Technical analysis published on 09/21/2023 (GMT)
- 236
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bullish
Technical indicators
22%
33%
44%
My opinion
Bullish above 11.330 EUR
My targets
11.722 EUR (+0.92%)
11.868 EUR (+2.18%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on CAMPARI as long as the price remains well above 11.330 EUR. The buyers' bullish objective is set at 11.722 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 11.868 EUR. If there is any crossing, the next objective would be the resistance located at 12.050 EUR. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
3.2
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
CAMPARI rating 11.615 EUR. The price is lower by -1.23% since the last closing with the lowest point at 11.565 EUR and the highest point at 11.740 EUR. The deviation from the price is +0.43% for the low point and -1.06% for the high point.11.565
11.740
11.615
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CAMPARI:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of CAMPARI in 1H shows an overall bullish trend. 67.86% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 8 are neutral and 6 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 11.140 | 11.330 | 11.600 | 11.615 | 11.722 | 11.868 | 12.050 |
| Change (%) | -4.09% | -2.45% | -0.13% | - | +0.92% | +2.18% | +3.75% |
| Change | -0.475 | -0.285 | -0.015 | - | +0.107 | +0.253 | +0.435 |
| Level | Intermediate | Minor | Major | - | Minor | Major | Minor |
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 | 11.335 | 11.420 | 11.590 | 11.675 | 11.845 | 11.930 | 12.100 |
| Camarilla | 11.690 | 11.713 | 11.737 | 11.760 | 11.783 | 11.807 | 11.830 |
| Woodie | 11.378 | 11.441 | 11.633 | 11.696 | 11.888 | 11.951 | 12.143 |
| Fibonacci | 11.420 | 11.517 | 11.578 | 11.675 | 11.772 | 11.833 | 11.930 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.240 | 10.690 | 11.035 | 11.485 | 11.830 | 12.280 | 12.625 |
| Camarilla | 11.161 | 11.234 | 11.307 | 11.380 | 11.453 | 11.526 | 11.599 |
| Woodie | 10.188 | 10.664 | 10.983 | 11.459 | 11.778 | 12.254 | 12.573 |
| Fibonacci | 10.690 | 10.994 | 11.181 | 11.485 | 11.789 | 11.976 | 12.280 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.790 | 11.170 | 11.620 | 12.000 | 12.450 | 12.830 | 13.280 |
| Camarilla | 11.842 | 11.918 | 11.994 | 12.070 | 12.146 | 12.222 | 12.298 |
| Woodie | 10.825 | 11.188 | 11.655 | 12.018 | 12.485 | 12.848 | 13.315 |
| Fibonacci | 11.170 | 11.487 | 11.683 | 12.000 | 12.317 | 12.513 | 12.830 |
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): | 53.74 | |
| MACD (12,26,9): | 0.0430 | |
| Directional Movement: | -0.904 | |
| AROON (14): | 50.000 | |
| DEMA (21): | 11.670 | |
| Parabolic SAR (0,02-0,02-0,2): | 11.722 | |
| Elder Ray (13): | -0.021 | |
| Super Trend (3,10): | 11.595 | |
| Zig ZAG (10): | 11.615 | |
| VORTEX (21): | 1.1120 | |
| Stochastique (14,3,5): | 43.09 | |
| TEMA (21): | 11.675 | |
| Williams %R (14): | -60.42 | |
| Chande Momentum Oscillator (20): | 0.010 | |
| Repulse (5,40,3): | -0.0170 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0760 | |
| Courbe Coppock: | 1.77 |
| MA7: | 11.483 | |
| MA20: | 11.775 | |
| MA50: | 12.039 | |
| MA100: | 12.238 | |
| MAexp7: | 11.631 | |
| MAexp20: | 11.606 | |
| MAexp50: | 11.550 | |
| MAexp100: | 11.591 | |
| Price / MA7: | +1.15% | |
| Price / MA20: | -1.36% | |
| Price / MA50: | -3.52% | |
| Price / MA100: | -5.09% | |
| Price / MAexp7: | -0.14% | |
| Price / MAexp20: | +0.08% | |
| Price / MAexp50: | +0.56% | |
| Price / MAexp100: | +0.21% |
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:
- RAISE A TOAST TO THE TIMELESS BOND OF CAMPARI® AND NEGRONI WEEK THIS SEPTEMBER
- Campari hosts a night of unforgettable moments at 76th Festival de Cannes
- 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
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…
Add a comment
Comments
0 comments on the analysis CAMPARI - 1H