MAPFRE

- EUR (-)

- 15 min delayed data - Spain Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	MAP
ISIN:	ES0124244E34

MAPFRE - 1H - Technical analysis published on 06/25/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

44%

11%

44%

My opinion

Bullish above 2.148 EUR

My targets

2.200 EUR (+0.73%)

2.228 EUR (+2.01%)

My analysis

In the short term, there could be an acceleration of the basic bullish trend on MAPFRE. This is a positive signal for buyers. As long as the price remains above 2.148 EUR, a purchase could be considered. The first bullish objective is located at 2.200 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 2.228 EUR as an objective. Crossing it would then enable buyers to target 2.284 EUR. In the event of a return below 2.148 EUR, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

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

5.7

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 MAPFRE price is 2.184 EUR. On the day, this instrument lost -0.09% and was between 2.182 EUR and 2.204 EUR. This implies that the price is at +0.09% from its lowest and at -0.91% from its highest.

2.182

2.204

2.184

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

Opening Gap UP

Type : Bullish

Timeframe : Openning

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

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of MAPFRE in 1H shows an overall bullish trend. 78.57% 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 market scanner currently does not detect any result that concerns moving averages.

In fact, according to the parameters integrated into the Central Analyzer system, only 8 technical indicators out of 18 analysed are currently bullish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near resistance of channel

Type : Bearish

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	2.102	2.130	2.148	2.184	2.188	2.200	2.210
Change (%)	-3.75%	-2.47%	-1.65%	-	+0.18%	+0.73%	+1.19%
Change	-0.082	-0.054	-0.036	-	+0.004	+0.016	+0.026
Level	Major	Intermediate	Minor	-	Major	Minor	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	2.133	2.145	2.165	2.177	2.197	2.209	2.229
Camarilla	2.177	2.180	2.183	2.186	2.189	2.192	2.195
Woodie	2.138	2.147	2.170	2.179	2.202	2.211	2.234
Fibonacci	2.145	2.157	2.164	2.177	2.189	2.196	2.209

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.029	2.071	2.115	2.157	2.201	2.243	2.287
Camarilla	2.136	2.144	2.152	2.160	2.168	2.176	2.184
Woodie	2.031	2.072	2.117	2.158	2.203	2.244	2.289
Fibonacci	2.071	2.104	2.124	2.157	2.190	2.210	2.243

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.027	2.091	2.151	2.215	2.275	2.339	2.399
Camarilla	2.176	2.187	2.199	2.210	2.221	2.233	2.244
Woodie	2.024	2.090	2.148	2.214	2.272	2.338	2.396
Fibonacci	2.091	2.139	2.168	2.215	2.263	2.292	2.339

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):	54.59
MACD (12,26,9):	0.0050
Directional Movement:	11.670
AROON (14):	78.571
DEMA (21):	2.187
Parabolic SAR (0,02-0,02-0,2):	2.167
Elder Ray (13):	0.001
Super Trend (3,10):	2.166
Zig ZAG (10):	2.184
VORTEX (21):	1.0090
Stochastique (14,3,5):	67.34
TEMA (21):	2.188
Williams %R (14):	-41.67
Chande Momentum Oscillator (20):	0.006
Repulse (5,40,3):	-0.5280
ROCnROLL:	1
TRIX (15,9):	0.0280
Courbe Coppock:	1.99

MA7:	2.173
MA20:	2.184
MA50:	2.194
MA100:	2.109
MAexp7:	2.186
MAexp20:	2.180
MAexp50:	2.172
MAexp100:	2.173
Price / MA7:	+0.51%
Price / MA20:	-0%
Price / MA50:	-0.46%
Price / MA100:	+3.56%
Price / MAexp7:	-0.09%
Price / MAexp20:	+0.18%
Price / MAexp50:	+0.55%
Price / MAexp100:	+0.51%

Quotes : - 15 min delayed data - Spain Stocks

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

About author

Londinia AI

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