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 09/30/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

61%

39%

My opinion

Bullish above 10.023 EUR

My targets

10.244 EUR (+0.98%)

10.345 EUR (+1.97%)

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 10.023 EUR. The buyers' bullish objective is set at 10.244 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 10.345 EUR. If there is any crossing, the next objective would be the resistance located at 11.790 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

7.7

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 price is 10.145 EUR. The price registered a decrease of -0.05% on the session and was traded between 9.680 EUR and 10.255 EUR over the period. The price is currently at +4.80% from its lowest and -1.07% from its highest.

9.680

10.255

10.145

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

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

The study of the highest / lowest by the Central Records scanner shows the following result:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this GRIFOLS chart shows a strongly bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

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	9.871	10.023	10.113	10.145	10.244	10.345	11.790
Change (%)	-2.70%	-1.20%	-0.32%	-	+0.98%	+1.97%	+16.21%
Change	-0.274	-0.122	-0.032	-	+0.099	+0.200	+1.645
Level	Minor	Intermediate	Major	-	Minor	Intermediate	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.507	9.667	9.909	10.069	10.311	10.471	10.713
Camarilla	10.040	10.076	10.113	10.150	10.187	10.224	10.261
Woodie	9.547	9.688	9.949	10.090	10.351	10.492	10.753
Fibonacci	9.667	9.821	9.916	10.069	10.223	10.318	10.471

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8.627	8.963	9.557	9.893	10.487	10.823	11.417
Camarilla	9.894	9.980	10.065	10.150	10.235	10.321	10.406
Woodie	8.755	9.028	9.685	9.958	10.615	10.888	11.545
Fibonacci	8.963	9.319	9.538	9.893	10.249	10.468	10.823

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.603	7.357	8.688	9.442	10.773	11.527	12.858
Camarilla	9.447	9.638	9.829	10.020	10.211	10.402	10.593
Woodie	6.893	7.501	8.978	9.586	11.063	11.671	13.148
Fibonacci	7.357	8.153	8.645	9.442	10.238	10.730	11.527

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):	70.14
MACD (12,26,9):	0.1100
Directional Movement:	-2.080
AROON (14):	0
DEMA (21):	10.167
Parabolic SAR (0,02-0,02-0,2):	10.210
Elder Ray (13):	0.075
Super Trend (3,10):	9.882
Zig ZAG (10):	10.170
VORTEX (21):	1.1830
Stochastique (14,3,5):	80.87
TEMA (21):	10.221
Williams %R (14):	-14.78
Chande Momentum Oscillator (20):	0.176
Repulse (5,40,3):	0.7790
ROCnROLL:	1
TRIX (15,9):	0.1820
Courbe Coppock:	3.96

MA7:	9.775
MA20:	9.798
MA50:	9.373
MA100:	9.307
MAexp7:	10.122
MAexp20:	10.020
MAexp50:	9.896
MAexp100:	9.857
Price / MA7:	+3.79%
Price / MA20:	+3.54%
Price / MA50:	+8.24%
Price / MA100:	+9.00%
Price / MAexp7:	+0.23%
Price / MAexp20:	+1.25%
Price / MAexp50:	+2.52%
Price / MAexp100:	+2.92%

Quotes : - 15 min delayed data - Spain Stocks

News

The latest news and videos published on GRIFOLS 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 AI

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