GREENVOLT - 1H - Technical analysis published on 09/13/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
28%
39%
33%
My opinion
Bearish under 6.033 EUR
My targets
5.905 EUR (-0.92%)
5.845 EUR (-1.93%)
My analysis
The bearish basic trend is very strong on GREENVOLT but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 6.033 EUR. Crossing the first support at 5.905 EUR would be a sign of a further potential price plummet. Sellers would then use the next support located at 5.845 EUR as an objective. Crossing it would then enable sellers to target 5.370 EUR. Caution, a return to above the resistance located at 6.033 EUR would be a sign of a possible consolidation phase of the short-term basic trend. 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, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.7
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
GREENVOLT rating 5.960 EUR. The price has increased by +1.02% since the last closing and was traded between 5.880 EUR and 5.960 EUR over the period. The price is currently at +1.36% from its lowest and 0% from its highest.5.880
5.960
5.960
Here is a more detailed summary of the historical variations registered by GREENVOLT:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of GREENVOLT indicates that the overall trend is strongly bearish. The signals given by moving averages are 85.71% bearish. This strongly bearish trend seems to be slowing down given the slightly bearish signals being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 6 are neutral and 7 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near support of channel
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 5.370 | 5.845 | 5.905 | 5.960 | 6.033 | 6.155 | 6.390 |
| Change (%) | -9.90% | -1.93% | -0.92% | - | +1.22% | +3.27% | +7.21% |
| Change | -0.590 | -0.115 | -0.055 | - | +0.073 | +0.195 | +0.430 |
| Level | Minor | Major | Minor | - | Major | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.747 | 5.823 | 5.862 | 5.938 | 5.977 | 6.053 | 6.092 |
| Camarilla | 5.868 | 5.879 | 5.890 | 5.900 | 5.911 | 5.921 | 5.932 |
| Woodie | 5.728 | 5.814 | 5.843 | 5.929 | 5.958 | 6.044 | 6.073 |
| Fibonacci | 5.823 | 5.867 | 5.894 | 5.938 | 5.982 | 6.009 | 6.053 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.762 | 5.893 | 5.967 | 6.098 | 6.172 | 6.303 | 6.377 |
| Camarilla | 5.984 | 6.002 | 6.021 | 6.040 | 6.059 | 6.078 | 6.096 |
| Woodie | 5.733 | 5.879 | 5.938 | 6.084 | 6.143 | 6.289 | 6.348 |
| Fibonacci | 5.893 | 5.972 | 6.020 | 6.098 | 6.177 | 6.225 | 6.303 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.643 | 5.827 | 6.043 | 6.227 | 6.443 | 6.627 | 6.843 |
| Camarilla | 6.150 | 6.187 | 6.223 | 6.260 | 6.297 | 6.333 | 6.370 |
| Woodie | 5.660 | 5.835 | 6.060 | 6.235 | 6.460 | 6.635 | 6.860 |
| Fibonacci | 5.827 | 5.980 | 6.074 | 6.227 | 6.380 | 6.474 | 6.627 |
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): | 45.30 | |
| MACD (12,26,9): | -0.0340 | |
| Directional Movement: | -15.558 | |
| AROON (14): | -78.571 | |
| DEMA (21): | 5.915 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.011 | |
| Elder Ray (13): | 0.006 | |
| Super Trend (3,10): | 5.986 | |
| Zig ZAG (10): | 5.960 | |
| VORTEX (21): | 0.8160 | |
| Stochastique (14,3,5): | 32.41 | |
| TEMA (21): | 5.909 | |
| Williams %R (14): | -55.56 | |
| Chande Momentum Oscillator (20): | -0.060 | |
| Repulse (5,40,3): | 0.4800 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0880 | |
| Courbe Coppock: | 3.43 |
| MA7: | 6.024 | |
| MA20: | 6.138 | |
| MA50: | 6.174 | |
| MA100: | 6.256 | |
| MAexp7: | 5.934 | |
| MAexp20: | 5.960 | |
| MAexp50: | 6.023 | |
| MAexp100: | 6.087 | |
| Price / MA7: | -1.06% | |
| Price / MA20: | -2.90% | |
| Price / MA50: | -3.47% | |
| Price / MA100: | -4.73% | |
| Price / MAexp7: | +0.44% | |
| Price / MAexp20: | -0% | |
| Price / MAexp50: | -1.05% | |
| Price / MAexp100: | -2.09% |
Quotes :
-
15 min delayed data
-
Euronext Lisbonne
News
The latest news and videos published on GREENVOLT 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
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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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