GRIFOLS - 1H - Technical analysis published on 07/19/2024 (GMT)
- 101
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bearish
Technical indicators
56%
0%
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.
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
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
S3
S2
S1
R1
R2
R3
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 :
-
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:
- Grifols’ Biotest to achieve USD 1 billion in US sales of Yimmugo® over next seven years
- Grifols completes sale of a 20% equity stake in SRAAS and forges strategic alliance with Haier Group
- Grifols’ Biotest receives FDA approval for innovative Yimmugo® immunoglobulin to treat primary immunodeficiencies
- INVESTIGATION PROGRESS UPDATE: The Schall Law Firm Announces it is Investigating Claims Against Grifols, S.A. and Encourages Investors with Losses to Contact the Firm
- INVESTIGATION PROGRESS REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Grifols, S.A. and Encourages Investors with Losses to Contact the Firm
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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