MOTORK
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 03/24/2023 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
17%
33%
50%
My opinion
Bullish above 2.25 EUR
My targets
2.79 EUR (+12.83%)
2.93 EUR (+18.62%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on MOTORK as long as the price remains well above 2.25 EUR. The buyers' bullish objective is set at 2.79 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2.93 EUR. If there is any crossing, the next objective would be the resistance located at 3.25 EUR. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
4.5

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:
Weekly

Additional analysis

Quotes

The MOTORK price is 2.47 EUR. The price registered an increase of +2.49% on the session and was traded between 2.41 EUR and 2.47 EUR over the period. The price is currently at +2.49% from its lowest and 0% from its highest.

2.41
2.47
2.47

Here is a more detailed summary of the historical variations registered by MOTORK:
Abnormal volumes on MOTORK were detected by the Central Volumes scanner:

Central Volumes

Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of MOTORK in Daily shows a strongly overall bullish trend. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 3 are bullish, 9 are neutral and 6 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Aroon indicator bearish trend

Type : Bearish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



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:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : Daily



The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Central Candlesticks

Doji

Type : Neutral

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.34 1.60 2.20 2.47 2.48 2.93 3.25
Change (%) -45.75% -35.22% -10.93% - +0.40% +18.62% +31.58%
Change -1.13 -0.87 -0.27 - +0.01 +0.46 +0.78
Level Minor Minor Major - Intermediate Major Minor



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
Standard2.222.302.352.432.482.562.61
Camarilla2.372.392.402.412.422.432.45
Woodie2.222.292.352.422.482.552.61
Fibonacci2.302.352.382.432.482.512.56


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.711.992.252.532.793.073.33
Camarilla2.352.402.452.502.552.602.65
Woodie1.691.992.232.532.773.073.31
Fibonacci1.992.202.332.532.742.873.07


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.150.661.582.093.013.524.44
Camarilla2.112.242.372.502.632.762.89
Woodie0.360.761.792.193.223.624.65
Fibonacci0.661.211.542.092.642.973.52

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): 54.26
MACD (12,26,9): 0.1100
Directional Movement: 4.16
AROON (14): -21.42
DEMA (21): 2.62
Parabolic SAR (0,02-0,02-0,2): 2.79
Elder Ray (13): -0.04
Super Trend (3,10): 2.92
Zig ZAG (10): 2.47
VORTEX (21): 0.9700
Stochastique (14,3,5): 23.86
TEMA (21): 2.53
Williams %R (14): -74.67
Chande Momentum Oscillator (20): -0.46
Repulse (5,40,3): -3.1900
ROCnROLL: -1
TRIX (15,9): 1.1400
Courbe Coppock: 0.82
MA7: 2.49
MA20: 2.51
MA50: 2.00
MA100: 1.71
MAexp7: 2.48
MAexp20: 2.44
MAexp50: 2.15
MAexp100: 2.07
Price / MA7: -0.80%
Price / MA20: -1.59%
Price / MA50: +23.50%
Price / MA100: +44.44%
Price / MAexp7: -0.40%
Price / MAexp20: +1.23%
Price / MAexp50: +14.88%
Price / MAexp100: +19.32%

Quotes : - 15 min delayed data - Euronext Amsterdam

This member declared not having a position on this financial instrument or a related financial instrument.

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