LEONARDO - 1H - Technical analysis published on 07/05/2023 (GMT)
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- 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
72%
11%
17%
My opinion
Bullish above 10.448 EUR
My targets
10.695 EUR (+1.52%)
11.209 EUR (+6.40%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on LEONARDO as long as the price remains well above 10.448 EUR. The buyers' bullish objective is set at 10.695 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 11.209 EUR. If there is any crossing, the next objective would be the resistance located at 11.632 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.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
5.9
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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 LEONARDO rating is 10.535 EUR. On the day, this instrument gained +1.89% and was between 10.330 EUR and 10.535 EUR. This implies that the price is at +1.98% from its lowest and at 0% from its highest.10.330
10.535
10.535
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by LEONARDO:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of LEONARDO indicates that the overall trend is bullish. 75.00% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative 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 probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
SuperTrend indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
MACD indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 10.360 | 10.448 | 10.514 | 10.535 | 10.695 | 11.209 | 11.632 |
| Change (%) | -1.66% | -0.83% | -0.20% | - | +1.52% | +6.40% | +10.41% |
| Change | -0.175 | -0.087 | -0.021 | - | +0.160 | +0.674 | +1.097 |
| Level | Minor | Intermediate | Major | - | Minor | Minor | Major |
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 | 10.102 | 10.213 | 10.277 | 10.388 | 10.452 | 10.563 | 10.627 |
| Camarilla | 10.292 | 10.308 | 10.324 | 10.340 | 10.356 | 10.372 | 10.388 |
| Woodie | 10.078 | 10.201 | 10.253 | 10.376 | 10.428 | 10.551 | 10.603 |
| Fibonacci | 10.213 | 10.280 | 10.322 | 10.388 | 10.455 | 10.497 | 10.563 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.487 | 9.758 | 10.077 | 10.348 | 10.667 | 10.938 | 11.257 |
| Camarilla | 10.233 | 10.287 | 10.341 | 10.395 | 10.449 | 10.503 | 10.557 |
| Woodie | 9.510 | 9.770 | 10.100 | 10.360 | 10.690 | 10.950 | 11.280 |
| Fibonacci | 9.758 | 9.984 | 10.123 | 10.348 | 10.574 | 10.713 | 10.938 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.143 | 9.522 | 9.958 | 10.337 | 10.773 | 11.152 | 11.588 |
| Camarilla | 10.171 | 10.246 | 10.320 | 10.395 | 10.470 | 10.544 | 10.619 |
| Woodie | 9.173 | 9.536 | 9.988 | 10.351 | 10.803 | 11.166 | 11.618 |
| Fibonacci | 9.522 | 9.833 | 10.025 | 10.337 | 10.648 | 10.840 | 11.152 |
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): | 60.79 | |
| MACD (12,26,9): | 0.0030 | |
| Directional Movement: | 8.393 | |
| AROON (14): | 50.000 | |
| DEMA (21): | 10.437 | |
| Parabolic SAR (0,02-0,02-0,2): | 10.328 | |
| Elder Ray (13): | 0.065 | |
| Super Trend (3,10): | 10.323 | |
| Zig ZAG (10): | 10.510 | |
| VORTEX (21): | 0.9730 | |
| Stochastique (14,3,5): | 79.22 | |
| TEMA (21): | 10.427 | |
| Williams %R (14): | -5.13 | |
| Chande Momentum Oscillator (20): | 0.050 | |
| Repulse (5,40,3): | 1.2730 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0020 | |
| Courbe Coppock: | 1.29 |
| MA7: | 10.368 | |
| MA20: | 10.418 | |
| MA50: | 10.528 | |
| MA100: | 10.632 | |
| MAexp7: | 10.442 | |
| MAexp20: | 10.432 | |
| MAexp50: | 10.421 | |
| MAexp100: | 10.417 | |
| Price / MA7: | +1.61% | |
| Price / MA20: | +1.12% | |
| Price / MA50: | +0.07% | |
| Price / MA100: | -0.91% | |
| Price / MAexp7: | +0.89% | |
| Price / MAexp20: | +0.99% | |
| Price / MAexp50: | +1.09% | |
| Price / MAexp100: | +1.13% |
Quotes :
-
15 min delayed data
-
Italy Stocks
News
The last news published on LEONARDO at the time of the generation of this analysis was as follows:
- Leonardo joins the IACP in congratulating this year’s winners of the Leadership in the Prevention of Vehicle Crimes Award
- Leonardo’s Newest Plate Reader Solution Makes ALPR/ANPR Technology More Affordable
- Leonardo Awarded Warning System Contract at Dallas Fort Worth International Airport to Reduce Risk of Runway Incursions
- Leonardo Adds New Airport Ground Operations Safety Technologies to Portfolio
- Leonardo’s U.S. Subsidiary, Selex ES Inc., Awarded a Contract for FAA’s Distance Measuring Equipment System
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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