MOTORK

- EUR (-)

- 15 min delayed data - Euronext Amsterdam

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	MTRK
ISIN:	GB00BMXH3352

MOTORK - Daily - Technical analysis published on 03/07/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

11%

My opinion

Bullish above 2.73 EUR

My targets

3.01 EUR (+4.15%)

3.50 EUR (+21.11%)

My analysis

MOTORK is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 2.73 EUR. The next resistance located at 3.01 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 3.50 EUR. After this resistance, buyers could then target 4.31 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.9

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 MOTORK price is 2.89 EUR. The price has increased by +15.14% since the last closing and was between 2.53 EUR and 3.00 EUR. This implies that the price is at +14.23% from its lowest and at -3.67% from its highest.

2.53

3.00

2.89

Here is a more detailed summary of the historical variations registered by MOTORK:

The Central Records scanner for higher/lower results shows the following items:

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of this Daily chart of MOTORK indicates that the overall trend is strongly bullish. 85.71% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : Daily

In fact, 15 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Long white line

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.60	1.98	2.33	2.89	3.50	4.31	4.66
Change (%)	-44.64%	-31.49%	-19.48%	-	+21.11%	+49.13%	+61.25%
Change	-1.29	-0.91	-0.56	-	+0.61	+1.42	+1.77
Level	Minor	Minor	Major	-	Intermediate	Intermediate	Minor

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	2.11	2.24	2.38	2.51	2.65	2.78	2.92
Camarilla	2.44	2.46	2.49	2.51	2.54	2.56	2.58
Woodie	2.11	2.24	2.38	2.51	2.65	2.78	2.92
Fibonacci	2.24	2.35	2.41	2.51	2.62	2.68	2.78

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.67	1.93	2.07	2.33	2.47	2.73	2.87
Camarilla	2.09	2.13	2.16	2.20	2.24	2.27	2.31
Woodie	1.60	1.90	2.00	2.30	2.40	2.70	2.80
Fibonacci	1.93	2.09	2.18	2.33	2.49	2.58	2.73

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.15	0.66	1.58	2.09	3.01	3.52	4.44
Camarilla	2.11	2.24	2.37	2.50	2.63	2.76	2.89
Woodie	0.36	0.76	1.79	2.19	3.22	3.62	4.65
Fibonacci	0.66	1.21	1.54	2.09	2.64	2.97	3.52

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):	76.64
MACD (12,26,9):	0.2700
Directional Movement:	42.61
AROON (14):	100.00
DEMA (21):	2.59
Parabolic SAR (0,02-0,02-0,2):	2.20
Elder Ray (13):	0.39
Super Trend (3,10):	2.20
Zig ZAG (10):	2.89
VORTEX (21):	1.2500
Stochastique (14,3,5):	70.57
TEMA (21):	2.69
Williams %R (14):	-13.41
Chande Momentum Oscillator (20):	0.52
Repulse (5,40,3):	12.1700
ROCnROLL:	1
TRIX (15,9):	2.3200
Courbe Coppock:	49.70

MA7:	2.46
MA20:	2.28
MA50:	1.64
MA100:	1.67
MAexp7:	2.50
MAexp20:	2.24
MAexp50:	1.89
MAexp100:	1.93
Price / MA7:	+17.48%
Price / MA20:	+26.75%
Price / MA50:	+76.22%
Price / MA100:	+73.05%
Price / MAexp7:	+15.60%
Price / MAexp20:	+29.02%
Price / MAexp50:	+52.91%
Price / MAexp100:	+49.74%

Quotes : - 15 min delayed data - Euronext Amsterdam

News

The last news published on MOTORK 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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Londinia AI

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