GRIFOLS

2,309.16 EUR (+0.22%)

03/17/2025 - 03:57 Open 15 min delayed data - Spain Stocks

Open:	2,311.62
Change:	+4.96
Volume:	0

Low:	2,307.63
High:	2,315.45
High / Low range:	7.82

Type:	Stocks
Ticker:	GRF
ISIN:	ES0171996087

GRIFOLS - 1H - Technical analysis published on 07/19/2024 (GMT)

139
0
07/19/2024 - 08:15
0

Timeframe : 1H
- Analysis generated on 07/19/2024 - 08:15
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Neutral

Underlying: Slightly bearish

Technical indicators

56%

44%

My opinion

Neutral between 8.952 EUR and 9.377 EUR

My targets

My analysis

A slightly bearish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first support is located at 8.952 EUR. The first resistance is located at 9.377 EUR. A very slight advantage is given by the slightly bearish basic trend so that the support is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This could be the case, for example, when the first support has been broken below or the first resistance has been broken above.

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 GRIFOLS rating is 9.318 EUR. The price registered an increase of +0.78% on the session and was traded between 9.186 EUR and 9.384 EUR over the period. The price is currently at +1.44% from its lowest and -0.70% from its highest.

9.186

9.384

9.318

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

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

Technical

A technical analysis in 1H of this GRIFOLS chart shows a slightly bearish trend. 53.57% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. An assessment of moving averages reveals several bearish and bullish signals:

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour

In fact, 10 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour

Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	8.030	8.477	8.952	9.318	9.377	10.105	10.805
Change (%)	-13.82%	-9.03%	-3.93%	-	+0.63%	+8.45%	+15.96%
Change	-1.288	-0.841	-0.366	-	+0.059	+0.787	+1.487
Level	Major	Minor	Intermediate	-	Major	Major	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8.918	9.038	9.142	9.262	9.366	9.486	9.590
Camarilla	9.184	9.205	9.226	9.246	9.267	9.287	9.308
Woodie	8.910	9.034	9.134	9.258	9.358	9.482	9.582
Fibonacci	9.038	9.124	9.176	9.262	9.348	9.400	9.486

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	7.983	8.741	9.288	10.046	10.593	11.351	11.898
Camarilla	9.475	9.595	9.714	9.834	9.954	10.073	10.193
Woodie	7.877	8.688	9.182	9.993	10.487	11.298	11.792
Fibonacci	8.741	9.240	9.548	10.046	10.545	10.853	11.351

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	5.243	6.507	7.183	8.447	9.123	10.387	11.063
Camarilla	7.327	7.504	7.682	7.860	8.038	8.216	8.394
Woodie	4.950	6.360	6.890	8.300	8.830	10.240	10.770
Fibonacci	6.507	7.248	7.706	8.447	9.188	9.646	10.387

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):	47.23
MACD (12,26,9):	-0.0140
Directional Movement:	0.889
AROON (14):	100.000
DEMA (21):	9.247
Parabolic SAR (0,02-0,02-0,2):	9.382
Elder Ray (13):	0.001
Super Trend (3,10):	9.371
Zig ZAG (10):	9.292
VORTEX (21):	1.0890
Stochastique (14,3,5):	54.84
TEMA (21):	9.314
Williams %R (14):	-38.05
Chande Momentum Oscillator (20):	0.072
Repulse (5,40,3):	0.1050
ROCnROLL:	-1
TRIX (15,9):	-0.0540
Courbe Coppock:	2.81

MA7:	9.424
MA20:	9.054
MA50:	9.254
MA100:	8.879
MAexp7:	9.298
MAexp20:	9.281
MAexp50:	9.350
MAexp100:	9.305
Price / MA7:	-1.12%
Price / MA20:	+2.92%
Price / MA50:	+0.69%
Price / MA100:	+4.94%
Price / MAexp7:	+0.22%
Price / MAexp20:	+0.40%
Price / MAexp50:	-0.34%
Price / MAexp100:	+0.14%

Quotes : 07/19/2024 - 07:59 - 15 min delayed data - Spain Stocks

News

The last news published on GRIFOLS 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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