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NATURGY
NATURGY
- EUR (-)
- 15 min delayed data - Spain Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: NTGY
ISIN: ES0116870314

NATURGY - 1H - Technical analysis published on 08/29/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Bearish
Underlying: Bullish
Technical indicators
28%
39%
33%
My opinion
Bullish above 22.44 EUR
My targets
23.22 EUR (+0.78%)
23.53 EUR (+2.13%)
My analysis
With a bullish background trend, the price of NATURGY is trying to inflate a little with a slight short-term relapse. At this stage, no trend reversal is in sight. Globally, buyers have the upper hand. Traders could allow themselves to trade long positions (at the time of purchase) as long as the price remains above the support located at 22.44 EUR. A bullish break in the resistance located at 23.22 EUR would boost the bullish momentum and fuel the basic trend. Then the price could move towards 23.53 EUR. Then 24.47 EUR by extension. It would be safer to wait for a bullish break in the resistance located at 23.22 EUR before allowing yourself to re trade long positions (at purchase) on NATURGY. PS: if there is a bearish break in the support located at 22.44 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
0.7

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.

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

Additional analysis

Quotes

The NATURGY price is 23.04 EUR. The price is lower by -0.09% since the last closing with the lowest point at 23.04 EUR and the highest point at 23.04 EUR. The deviation from the price is 0% for the low point and 0% for the high point.

23.04
23.04
23.04

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum 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 Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of NATURGY in 1H shows an overall bullish trend. 64.29% of the signals given by moving averages are bullish. Caution: the current slightly bearish signals from short-term moving averages indicate that the overall trend may be slowing down. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour



An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


CCI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


RSI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Momentum 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:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 1 hour



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 22.13 22.44 23.00 23.04 23.22 23.53 24.47
Change (%) -3.95% -2.60% -0.17% - +0.78% +2.13% +6.21%
Change -0.91 -0.60 -0.04 - +0.18 +0.49 +1.43
Level Major Minor Intermediate - Intermediate Major Intermediate



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard22.7822.9022.9823.1023.1823.3023.38
Camarilla23.0123.0223.0423.0623.0823.1023.12
Woodie22.7622.8922.9623.0923.1623.2923.36
Fibonacci22.9022.9823.0223.1023.1823.2223.30


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard22.5522.6722.9323.0523.3123.4323.69
Camarilla23.0823.1123.1523.1823.2223.2523.29
Woodie22.6122.7122.9923.0923.3723.4723.75
Fibonacci22.6722.8222.9123.0523.2023.2923.43


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard17.7418.7920.4921.5423.2424.2925.99
Camarilla21.4221.6821.9322.1822.4322.6822.94
Woodie18.0618.9520.8121.7023.5624.4526.31
Fibonacci18.7919.8420.4921.5422.5923.2424.29

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): 46.18
MACD (12,26,9): 0.0000
Directional Movement: 1.31
AROON (14): 28.57
DEMA (21): 23.11
Parabolic SAR (0,02-0,02-0,2): 23.22
Elder Ray (13): -0.06
Super Trend (3,10): 23.01
Zig ZAG (10): 23.06
VORTEX (21): 0.8900
Stochastique (14,3,5): 30.30
TEMA (21): 23.08
Williams %R (14): -72.73
Chande Momentum Oscillator (20): 0.04
Repulse (5,40,3): 0.0800
ROCnROLL: -1
TRIX (15,9): 0.0100
Courbe Coppock: 0.36
MA7: 23.04
MA20: 22.63
MA50: 21.65
MA100: 22.30
MAexp7: 23.09
MAexp20: 23.10
MAexp50: 23.04
MAexp100: 22.90
Price / MA7: -0%
Price / MA20: +1.81%
Price / MA50: +6.42%
Price / MA100: +3.32%
Price / MAexp7: -0.22%
Price / MAexp20: -0.26%
Price / MAexp50: -0%
Price / MAexp100: +0.61%

Quotes : - 15 min delayed data - Spain Stocks

News


The latest news and videos published on NATURGY at the time of the analysis were as follows:

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

About author

Londinia
Londinia AI

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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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