CAMPARI
CAMPARI
- EUR (-)
- 15 min delayed data - Italy Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: CPR
ISIN: NL0015435975

CAMPARI - Daily - Technical analysis published on 10/18/2023 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 11.525 EUR
My targets
10.394 EUR (-5.03%)
10.021 EUR (-8.44%)
My analysis
The bearish trend is currently very strong for CAMPARI. As long as the price remains below the resistance at 11.525 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 10.394 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 10.021 EUR as an objective. Crossing it would then enable sellers to target 9.691 EUR. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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 are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
7

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:
15 min. 1H Weekly

Additional analysis

Quotes

The CAMPARI price is 10.945 EUR. The price is lower by -0.32% since the last closing with the lowest point at 10.925 EUR and the highest point at 11.095 EUR. The deviation from the price is +0.18% for the low point and -1.35% for the high point.

10.925
11.095
10.945

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of CAMPARI indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

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:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Daily



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

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : Daily


Near support of channel

Type : Bullish

Timeframe : Daily


Near support of triangle

Type : Bullish

Timeframe : Daily



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 10.021 10.394 10.800 10.945 11.525 11.872 12.192
Change (%) -8.44% -5.03% -1.32% - +5.30% +8.47% +11.39%
Change -0.924 -0.551 -0.145 - +0.580 +0.927 +1.247
Level Minor Minor Major - Major Minor Intermediate



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
Standard10.70210.80310.89210.99311.08211.18311.272
Camarilla10.92810.94510.96310.98010.99711.01511.032
Woodie10.69510.80010.88510.99011.07511.18011.265
Fibonacci10.80310.87610.92110.99311.06611.11111.183


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard9.85510.34510.60511.09511.35511.84512.105
Camarilla10.65910.72810.79610.86510.93411.00311.071
Woodie9.74010.28810.49011.03811.24011.78811.990
Fibonacci10.34510.63210.80911.09511.38211.55911.845


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard9.17310.00210.58311.41211.99312.82213.403
Camarilla10.77710.90711.03611.16511.29411.42411.553
Woodie9.0509.94010.46011.35011.87012.76013.280
Fibonacci10.00210.54010.87311.41211.95012.28312.822

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): 40.47
MACD (12,26,9): -0.1540
Directional Movement: -12.220
AROON (14): 42.857
DEMA (21): 11.023
Parabolic SAR (0,02-0,02-0,2): 11.546
Elder Ray (13): -0.141
Super Trend (3,10): 11.572
Zig ZAG (10): 10.930
VORTEX (21): 0.8480
Stochastique (14,3,5): 21.30
TEMA (21): 11.021
Williams %R (14): -86.76
Chande Momentum Oscillator (20): -0.155
Repulse (5,40,3): -2.8620
ROCnROLL: 2
TRIX (15,9): -0.1800
Courbe Coppock: 1.04
MA7: 11.123
MA20: 11.192
MA50: 11.561
MA100: 12.034
MAexp7: 11.074
MAexp20: 11.231
MAexp50: 11.519
MAexp100: 11.661
Price / MA7: -1.60%
Price / MA20: -2.21%
Price / MA50: -5.33%
Price / MA100: -9.05%
Price / MAexp7: -1.16%
Price / MAexp20: -2.55%
Price / MAexp50: -4.98%
Price / MAexp100: -6.14%

Quotes : - 15 min delayed data - Italy Stocks

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

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