GRIFOLS
GRIFOLS
- EUR (-)
- 15 min delayed data - Spain Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: GRF
ISIN: ES0171996087

GRIFOLS - 1H - Technical analysis published on 11/02/2023 (GMT)

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

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 11.456 EUR
My targets
11.901 EUR (+1.59%)
12.138 EUR (+3.61%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on GRIFOLS as long as the price remains well above 11.456 EUR. The buyers' bullish objective is set at 11.901 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 12.138 EUR. If there is any crossing, the next objective would be the resistance located at 12.795 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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
8.2

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:
15 min. Daily Weekly

Additional analysis

Quotes

The GRIFOLS price is 11.715 EUR. The price registered an increase of +11.36% on the session and was traded between 10.715 EUR and 11.715 EUR over the period. The price is currently at +9.33% from its lowest and 0% from its highest.

10.715
11.715
11.715

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Central Gaps

Opening Gap UP

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:

Technical


Technical analysis of this 1H chart of GRIFOLS indicates that the overall trend is strongly bullish. The signals given by the moving averages are 85.71% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour


Moving Average bullish crossovers : AMA50 & AMA100

Type : Bullish

Timeframe : 1 hour



In fact, 16 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Central Candlesticks

Long white line

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 10.690 11.255 11.456 11.715 11.901 12.138 12.795
Change (%) -8.75% -3.93% -2.21% - +1.59% +3.61% +9.22%
Change -1.025 -0.460 -0.259 - +0.186 +0.423 +1.080
Level Intermediate Minor Minor - Minor Major Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard10.22310.33710.42810.54210.63310.74710.838
Camarilla10.46410.48210.50110.52010.53910.55810.576
Woodie10.21310.33110.41810.53610.62310.74110.828
Fibonacci10.33710.41510.46310.54210.62010.66810.747


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard9.1339.4879.81310.16710.49310.84711.173
Camarilla9.95310.01510.07810.14010.20210.26510.327
Woodie9.1209.4809.80010.16010.48010.84011.160
Fibonacci9.4879.7469.90710.16710.42610.58710.847


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.9108.3759.48010.94512.05013.51514.620
Camarilla9.87810.11410.34910.58510.82111.05611.292
Woodie6.7308.2859.30010.85511.87013.42514.440
Fibonacci8.3759.3579.96310.94511.92712.53313.515

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): 83.18
MACD (12,26,9): 0.2010
Directional Movement: 42.846
AROON (14): 21.429
DEMA (21): 10.930
Parabolic SAR (0,02-0,02-0,2): 10.472
Elder Ray (13): 0.662
Super Trend (3,10): 10.818
Zig ZAG (10): 11.660
VORTEX (21): 1.2210
Stochastique (14,3,5): 74.24
TEMA (21): 11.065
Williams %R (14): -1.61
Chande Momentum Oscillator (20): 1.025
Repulse (5,40,3): 9.2450
ROCnROLL: 1
TRIX (15,9): 0.1570
Courbe Coppock: 6.30
MA7: 10.465
MA20: 11.056
MA50: 11.940
MA100: 12.296
MAexp7: 11.001
MAexp20: 10.699
MAexp50: 10.524
MAexp100: 10.640
Price / MA7: +11.94%
Price / MA20: +5.96%
Price / MA50: -1.88%
Price / MA100: -4.73%
Price / MAexp7: +6.49%
Price / MAexp20: +9.50%
Price / MAexp50: +11.32%
Price / MAexp100: +10.10%

Quotes : - 15 min delayed data - Spain Stocks

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

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