EIDF - 1H - Technical analysis published on 12/06/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 22.12 EUR
My targets
23.04 EUR (+3.04%)
24.30 EUR (+8.68%)
My analysis
The bullish trend is currently very strong on EIDF. As long as the price remains above the support at 22.12 EUR, you could try to benefit from the boom. The first bullish objective is located at 23.04 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 24.30 EUR as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.8
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 EIDF price is 22.36 EUR. The price has increased by +3.33% since the last closing and was traded between 21.30 EUR and 22.36 EUR over the period. The price is currently at +4.98% from its lowest and 0% from its highest.21.30
22.36
22.36
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by EIDF:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of EIDF indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
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
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish harami cross
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 21.40 | 21.86 | 22.12 | 22.36 |
| Change (%) | -4.29% | -2.24% | -1.07% | - |
| Change | -0.96 | -0.50 | -0.24 | - |
| Level | Minor | Major | Intermediate | - |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 20.45 | 20.71 | 21.17 | 21.43 | 21.89 | 22.15 | 22.61 |
| Camarilla | 21.44 | 21.51 | 21.57 | 21.64 | 21.71 | 21.77 | 21.84 |
| Woodie | 20.56 | 20.76 | 21.28 | 21.48 | 22.00 | 22.20 | 22.72 |
| Fibonacci | 20.71 | 20.98 | 21.15 | 21.43 | 21.70 | 21.87 | 22.15 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18.36 | 19.08 | 20.34 | 21.06 | 22.32 | 23.04 | 24.30 |
| Camarilla | 21.06 | 21.24 | 21.42 | 21.60 | 21.78 | 21.96 | 22.15 |
| Woodie | 18.63 | 19.22 | 20.61 | 21.20 | 22.59 | 23.18 | 24.57 |
| Fibonacci | 19.08 | 19.84 | 20.30 | 21.06 | 21.82 | 22.28 | 23.04 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 16.23 | 17.51 | 19.55 | 20.83 | 22.87 | 24.15 | 26.19 |
| Camarilla | 20.67 | 20.97 | 21.28 | 21.58 | 21.88 | 22.19 | 22.49 |
| Woodie | 16.60 | 17.70 | 19.92 | 21.02 | 23.24 | 24.34 | 26.56 |
| Fibonacci | 17.51 | 18.78 | 19.57 | 20.83 | 22.10 | 22.89 | 24.15 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 80.42 | |
| MACD (12,26,9): | 0.1900 | |
| Directional Movement: | -4.34 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 22.00 | |
| Parabolic SAR (0,02-0,02-0,2): | 21.37 | |
| Elder Ray (13): | 0.45 | |
| Super Trend (3,10): | 21.78 | |
| Zig ZAG (10): | 22.36 | |
| VORTEX (21): | 1.4000 | |
| Stochastique (14,3,5): | 99.52 | |
| TEMA (21): | 22.08 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.82 | |
| Repulse (5,40,3): | 2.7400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0700 | |
| Courbe Coppock: | 3.87 |
| MA7: | 21.46 | |
| MA20: | 20.84 | |
| MA50: | 19.66 | |
| MA100: | 19.11 | |
| MAexp7: | 22.04 | |
| MAexp20: | 21.77 | |
| MAexp50: | 21.51 | |
| MAexp100: | 21.20 | |
| Price / MA7: | +4.19% | |
| Price / MA20: | +7.29% | |
| Price / MA50: | +13.73% | |
| Price / MA100: | +17.01% | |
| Price / MAexp7: | +1.45% | |
| Price / MAexp20: | +2.71% | |
| Price / MAexp50: | +3.95% | |
| Price / MAexp100: | +5.47% |
Quotes :
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15 min delayed data
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Spain Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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