EBRO FOODS

- EUR (-)

- 15 min delayed data - Spain Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	EBRO
ISIN:	ES0112501012

EBRO FOODS - Daily - Technical analysis published on 04/04/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

28%

44%

My opinion

Bullish above 14.61 EUR

My targets

15.57 EUR (+2.57%)

15.98 EUR (+5.27%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on EBRO FOODS as long as the price remains well above 14.61 EUR. The buyers' bullish objective is set at 15.57 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 15.98 EUR. If there is any crossing, the next objective would be the resistance located at 16.25 EUR.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.

Force

3.8

Comment on the analysis

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.

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Additional analysis

Quotes

EBRO FOODS rating 15.18 EUR. On the day, this instrument lost -0.13% and was between 15.12 EUR and 15.24 EUR. This implies that the price is at +0.40% from its lowest and at -0.39% from its highest.

15.12

15.24

15.18

Here is a more detailed summary of the historical variations registered by EBRO FOODS:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of EBRO FOODS in Daily shows an overall bullish trend. 67.86% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near support of channel

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	14.30	14.61	15.01	15.18	15.35	15.57	15.98
Change (%)	-5.80%	-3.75%	-1.12%	-	+1.12%	+2.57%	+5.27%
Change	-0.88	-0.57	-0.17	-	+0.17	+0.39	+0.80
Level	Major	Major	Major	-	Major	Intermediate	Major

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	14.95	15.03	15.11	15.19	15.27	15.35	15.43
Camarilla	15.16	15.17	15.19	15.20	15.22	15.23	15.24
Woodie	14.96	15.03	15.12	15.19	15.28	15.35	15.44
Fibonacci	15.03	15.09	15.13	15.19	15.25	15.29	15.35

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	14.85	15.07	15.25	15.47	15.65	15.87	16.05
Camarilla	15.33	15.37	15.40	15.44	15.48	15.51	15.55
Woodie	14.84	15.06	15.24	15.46	15.64	15.86	16.04
Fibonacci	15.07	15.22	15.31	15.47	15.62	15.71	15.87

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.29	13.81	14.63	15.15	15.97	16.49	17.31
Camarilla	15.07	15.19	15.32	15.44	15.56	15.69	15.81
Woodie	13.43	13.89	14.77	15.23	16.11	16.57	17.45
Fibonacci	13.81	14.33	14.64	15.15	15.67	15.98	16.49

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	53.62
MACD (12,26,9):	0.1600
Directional Movement:	6.74
AROON (14):	57.14
DEMA (21):	15.32
Parabolic SAR (0,02-0,02-0,2):	15.67
Elder Ray (13):	-0.03
Super Trend (3,10):	14.91
Zig ZAG (10):	15.16
VORTEX (21):	1.1300
Stochastique (14,3,5):	56.19
TEMA (21):	15.45
Williams %R (14):	-49.52
Chande Momentum Oscillator (20):	-0.08
Repulse (5,40,3):	-0.9300
ROCnROLL:	-1
TRIX (15,9):	0.1600
Courbe Coppock:	8.06

MA7:	15.37
MA20:	15.06
MA50:	14.86
MA100:	15.09
MAexp7:	15.28
MAexp20:	15.12
MAexp50:	15.00
MAexp100:	15.12
Price / MA7:	-1.24%
Price / MA20:	+0.80%
Price / MA50:	+2.15%
Price / MA100:	+0.60%
Price / MAexp7:	-0.65%
Price / MAexp20:	+0.40%
Price / MAexp50:	+1.20%
Price / MAexp100:	+0.40%

Quotes : - 15 min delayed data - Spain Stocks

News

The last news published on EBRO FOODS 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.

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