J.MARTINS,SGPS

- EUR (-)

- 15 min delayed data - Euronext Lisbonne

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	JMT
ISIN:	PTJMT0AE0001

J.MARTINS,SGPS - 1H - Technical analysis published on 11/26/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

83%

17%

My opinion

Bullish above 17.66 EUR

My targets

18.37 EUR (+1.66%)

18.62 EUR (+3.04%)

My analysis

In the short term, there could be an acceleration of the basic bullish trend on J.MARTINS,SGPS. This is a positive signal for buyers. As long as the price remains above 17.66 EUR, a purchase could be considered. The first bullish objective is located at 18.37 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 18.62 EUR as an objective. Crossing it would then enable buyers to target 18.91 EUR. In the event of a return below 17.66 EUR, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be 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

6.3

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.

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Additional analysis

Quotes

The J.MARTINS,SGPS rating is 18.07 EUR. On the day, this instrument gained +1.35% with the lowest point at 17.78 EUR and the highest point at 18.21 EUR. The deviation from the price is +1.63% for the low point and -0.77% for the high point.

17.78

18.21

18.07

The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.

Opening Gap DOWN

Type : Bearish

Timeframe : Openning

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

The Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of J.MARTINS,SGPS indicates that the overall trend is bullish. 67.86% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is over resistance 1

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 Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	17.18	17.66	18.03	18.07	18.37	18.62	18.91
Change (%)	-4.93%	-2.27%	-0.22%	-	+1.66%	+3.04%	+4.65%
Change	-0.89	-0.41	-0.04	-	+0.30	+0.55	+0.84
Level	Major	Minor	Major	-	Minor	Intermediate	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	17.54	17.68	17.75	17.89	17.96	18.10	18.17
Camarilla	17.77	17.79	17.81	17.83	17.85	17.87	17.89
Woodie	17.52	17.66	17.73	17.87	17.94	18.08	18.15
Fibonacci	17.68	17.76	17.81	17.89	17.97	18.02	18.10

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	16.61	16.95	17.37	17.71	18.13	18.47	18.89
Camarilla	17.59	17.66	17.73	17.80	17.87	17.94	18.01
Woodie	16.66	16.97	17.42	17.73	18.18	18.49	18.94
Fibonacci	16.95	17.24	17.42	17.71	18.00	18.18	18.47

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	14.61	15.41	16.64	17.44	18.67	19.47	20.70
Camarilla	17.31	17.50	17.68	17.87	18.06	18.24	18.43
Woodie	14.83	15.52	16.86	17.55	18.89	19.58	20.92
Fibonacci	15.41	16.19	16.67	17.44	18.22	18.70	19.47

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):	58.82
MACD (12,26,9):	0.0600
Directional Movement:	24.39
AROON (14):	7.14
DEMA (21):	17.97
Parabolic SAR (0,02-0,02-0,2):	17.79
Elder Ray (13):	0.11
Super Trend (3,10):	17.74
Zig ZAG (10):	18.03
VORTEX (21):	1.1000
Stochastique (14,3,5):	71.32
TEMA (21):	18.02
Williams %R (14):	-41.86
Chande Momentum Oscillator (20):	0.15
Repulse (5,40,3):	0.3600
ROCnROLL:	1
TRIX (15,9):	0.0400
Courbe Coppock:	1.74

MA7:	17.76
MA20:	18.01
MA50:	17.48
MA100:	17.28
MAexp7:	17.98
MAexp20:	17.90
MAexp50:	17.87
MAexp100:	17.91
Price / MA7:	+1.75%
Price / MA20:	+0.33%
Price / MA50:	+3.38%
Price / MA100:	+4.57%
Price / MAexp7:	+0.50%
Price / MAexp20:	+0.95%
Price / MAexp50:	+1.12%
Price / MAexp100:	+0.89%

Quotes : - 15 min delayed data - Euronext Lisbonne

News

The latest news and videos published on J.MARTINS,SGPS 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.

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