LEONARDO - 1H - Technical analysis published on 07/08/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
6%
67%
28%
My opinion
Bullish above 21.91 EUR
My targets
22.65 EUR (+1.15%)
23.07 EUR (+3.04%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on LEONARDO. As long as you are above the support located at 21.91 EUR, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 22.65 EUR would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 23.07 EUR as an objective. Crossing it would then enable buyers to target 23.41 EUR. If the support 21.91 EUR were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
Technical indicators are opposing the general bullish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
0.2
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
LEONARDO rating 22.39 EUR. The price registered a decrease of -0.27% on the session with the lowest point at 22.33 EUR and the highest point at 22.50 EUR. The deviation from the price is +0.27% for the low point and -0.49% for the high point.22.33
22.50
22.39
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of LEONARDO in 1H shows an overall bullish trend. 64.29% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
In fact, 12 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Near support of channel
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 21.15 | 21.91 | 22.31 | 22.39 | 22.65 | 23.07 | 23.41 |
| Change (%) | -5.52% | -2.14% | -0.37% | - | +1.15% | +3.04% | +4.53% |
| Change | -1.24 | -0.48 | -0.08 | - | +0.26 | +0.68 | +1.02 |
| Level | Major | Minor | Minor | - | 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 | 21.52 | 21.96 | 22.20 | 22.64 | 22.88 | 23.32 | 23.56 |
| Camarilla | 22.26 | 22.33 | 22.39 | 22.45 | 22.51 | 22.58 | 22.64 |
| Woodie | 21.43 | 21.91 | 22.11 | 22.59 | 22.79 | 23.27 | 23.47 |
| Fibonacci | 21.96 | 22.22 | 22.38 | 22.64 | 22.90 | 23.06 | 23.32 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19.86 | 20.62 | 21.54 | 22.30 | 23.22 | 23.98 | 24.90 |
| Camarilla | 21.99 | 22.14 | 22.30 | 22.45 | 22.60 | 22.76 | 22.91 |
| Woodie | 19.93 | 20.66 | 21.61 | 22.34 | 23.29 | 24.02 | 24.97 |
| Fibonacci | 20.62 | 21.27 | 21.66 | 22.30 | 22.95 | 23.34 | 23.98 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 16.85 | 18.85 | 20.27 | 22.27 | 23.69 | 25.69 | 27.11 |
| Camarilla | 20.74 | 21.05 | 21.37 | 21.68 | 21.99 | 22.31 | 22.62 |
| Woodie | 16.55 | 18.71 | 19.97 | 22.13 | 23.39 | 25.55 | 26.81 |
| Fibonacci | 18.85 | 20.16 | 20.97 | 22.27 | 23.58 | 24.39 | 25.69 |
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): | 41.90 | |
| MACD (12,26,9): | 0.0900 | |
| Directional Movement: | -10.34 | |
| AROON (14): | -64.29 | |
| DEMA (21): | 22.77 | |
| Parabolic SAR (0,02-0,02-0,2): | 23.01 | |
| Elder Ray (13): | -0.22 | |
| Super Trend (3,10): | 22.90 | |
| Zig ZAG (10): | 22.34 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 7.31 | |
| TEMA (21): | 22.68 | |
| Williams %R (14): | -97.30 | |
| Chande Momentum Oscillator (20): | -0.41 | |
| Repulse (5,40,3): | -1.4800 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1300 | |
| Courbe Coppock: | 0.76 |
| MA7: | 22.16 | |
| MA20: | 22.06 | |
| MA50: | 22.44 | |
| MA100: | 21.74 | |
| MAexp7: | 22.57 | |
| MAexp20: | 22.60 | |
| MAexp50: | 22.33 | |
| MAexp100: | 22.21 | |
| Price / MA7: | +1.04% | |
| Price / MA20: | +1.50% | |
| Price / MA50: | -0.22% | |
| Price / MA100: | +2.99% | |
| Price / MAexp7: | -0.80% | |
| Price / MAexp20: | -0.93% | |
| Price / MAexp50: | +0.27% | |
| Price / MAexp100: | +0.81% |
Quotes :
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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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