GALP ENERGIA-NOM

- EUR (-)

- 15 min delayed data - Euronext Lisbonne

Open:	-
Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Stocks
Ticker:	GALP
ISIN:	PTGAL0AM0009

GALP ENERGIA-NOM - Daily - Technical analysis published on 08/16/2022 (GMT)

Timeframe : Daily
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Bullish

Underlying: Neutral

Technical indicators

67%

28%

My opinion

Neutral between 9.908 EUR and 11.258 EUR

My targets

My analysis

There is no basic trend on GALP ENERGIA-NOM and in the short term, there are still few buyers. It is difficult to advise a trading direction under these conditions. The nearest resistance is located at 11.258 EUR. The nearest support is located at 9.908 EUR. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.

In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.

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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The GALP ENERGIA-NOM rating is 10.610 EUR. The price registered an increase of +1.92% on the session and was traded between 10.350 EUR and 10.630 EUR over the period. The price is currently at +2.51% from its lowest and -0.19% from its highest.

10.350

10.630

10.610

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

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 Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of GALP ENERGIA-NOM in Daily shows a neutral overall trend. This indecision could turn into a bullish trend due to the bullish signals currently being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

The probability of a further increase are moderate given the direction of the technical indicators.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Bullish harami

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	8.990	9.490	9.908	10.610	11.258	11.700	12.719
Change (%)	-15.27%	-10.56%	-6.62%	-	+6.11%	+10.27%	+19.88%
Change	-1.620	-1.120	-0.702	-	+0.648	+1.090	+2.109
Level	Minor	Intermediate	Major	-	Major	Intermediate	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.767	10.013	10.212	10.458	10.657	10.903	11.102
Camarilla	10.288	10.328	10.369	10.410	10.451	10.492	10.532
Woodie	9.743	10.001	10.188	10.446	10.633	10.891	11.078
Fibonacci	10.013	10.183	10.288	10.458	10.628	10.733	10.903

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.257	9.703	10.172	10.618	11.087	11.533	12.002
Camarilla	10.388	10.472	10.556	10.640	10.724	10.808	10.892
Woodie	9.268	9.709	10.183	10.624	11.098	11.539	12.013
Fibonacci	9.703	10.053	10.269	10.618	10.968	11.184	11.533

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	7.550	8.466	9.373	10.289	11.196	12.112	13.019
Camarilla	9.779	9.946	10.113	10.280	10.447	10.614	10.781
Woodie	7.546	8.464	9.369	10.287	11.192	12.110	13.015
Fibonacci	8.466	9.162	9.593	10.289	10.985	11.416	12.112

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):	54.24
MACD (12,26,9):	0.0390
Directional Movement:	4.595
AROON (14):	78.571
DEMA (21):	10.334
Parabolic SAR (0,02-0,02-0,2):	10.102
Elder Ray (13):	0.093
Super Trend (3,10):	9.809
Zig ZAG (10):	10.605
VORTEX (21):	1.0680
Stochastique (14,3,5):	56.46
TEMA (21):	10.572
Williams %R (14):	-38.59
Chande Momentum Oscillator (20):	0.330
Repulse (5,40,3):	0.7230
ROCnROLL:	1
TRIX (15,9):	-0.1040
Courbe Coppock:	10.82

MA7:	10.559
MA20:	10.196
MA50:	10.707
MA100:	10.978
MAexp7:	10.508
MAexp20:	10.354
MAexp50:	10.538
MAexp100:	10.604
Price / MA7:	+0.48%
Price / MA20:	+4.06%
Price / MA50:	-0.91%
Price / MA100:	-3.35%
Price / MAexp7:	+0.97%
Price / MAexp20:	+2.47%
Price / MAexp50:	+0.68%
Price / MAexp100:	+0.06%

Quotes : - 15 min delayed data - Euronext Lisbonne

News

The last news published on GALP ENERGIA-NOM 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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