MAPFRE

- EUR (-)

- 15 min delayed data - Spain Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	MAP
ISIN:	ES0124244E34

MAPFRE - Daily - Technical analysis published on 11/18/2019 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Bearish

De fond: Slightly bearish

Technical indicators

28%

33%

39%

My opinion

Bearish under 2.577 EUR

My targets

2.476 EUR (-1.59%)

2.429 EUR (-3.46%)

My analysis

The bearish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade MAPFRE with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 2.577 EUR. The next bearish objective for sellers is set at 2.476 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 2.429 EUR. In case of crossing, the next objective would be the support located at 2.388 EUR. In the event of a bullish break in the resistance located at 2.577 EUR a certain indecision would take hold.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

FORCE

2.1

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The MAPFRE price is 2.516 EUR. The price is lower by -0.55% since the last closing with the lowest point at 2.512 EUR and the highest point at 2.542 EUR. The deviation from the price is +0.16% for the low point and -1.02% for the high point.

2.512

2.542

2.516

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

Technical

Technical analysis of this Daily chart of MAPFRE indicates that the overall trend is slightly bearish. Only 53.57% of the signals given by moving averages are bearish. This slightly bearish trend is not supported by the signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

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

Near resistance of triangle

Type : Bearish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2.388	2.429	2.476	2.516	2.577	2.636	2.692
Change (%)	-5.09%	-3.46%	-1.59%	-	+2.42%	+4.77%	+7.00%
Change	-0.128	-0.087	-0.040	-	+0.061	+0.120	+0.176
Level	Intermediate	Minor	Major	-	Major	Minor	Intermediate

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	2.491	2.503	2.516	2.528	2.541	2.553	2.566
Camarilla	2.523	2.525	2.528	2.530	2.532	2.535	2.537
Woodie	2.493	2.503	2.518	2.528	2.543	2.553	2.568
Fibonacci	2.503	2.512	2.518	2.528	2.537	2.543	2.553

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.401	2.451	2.490	2.540	2.579	2.629	2.668
Camarilla	2.506	2.514	2.522	2.530	2.538	2.546	2.555
Woodie	2.397	2.448	2.486	2.537	2.575	2.626	2.664
Fibonacci	2.451	2.485	2.506	2.540	2.574	2.595	2.629

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.101	2.237	2.368	2.504	2.635	2.771	2.902
Camarilla	2.427	2.451	2.476	2.500	2.525	2.549	2.573
Woodie	2.100	2.236	2.367	2.503	2.634	2.770	2.901
Fibonacci	2.237	2.339	2.402	2.504	2.606	2.669	2.771

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):	45.62
MACD (12,26,9):	0.0050
Directional Movement:	-5.622
AROON (14):	-14.286
DEMA (21):	2.555
Parabolic SAR (0,02-0,02-0,2):	2.601
Elder Ray (13):	-0.017
Super Trend (3,10):	2.639
Zig ZAG (10):	2.513
VORTEX (21):	0.9610
Stochastique (14,3,5):	35.80
TEMA (21):	2.542
Williams %R (14):	-68.13
Chande Momentum Oscillator (20):	0.013
Repulse (5,40,3):	-1.4410
ROCnROLL:	2
TRIX (15,9):	0.0960
Courbe Coppock:	3.75

MA7:	2.543
MA20:	2.565
MA50:	2.515
MA100:	2.516
MAexp7:	2.536
MAexp20:	2.543
MAexp50:	2.523
MAexp100:	2.513
Price / MA7:	-1.06%
Price / MA20:	-1.91%
Price / MA50:	+0.04%
Price / MA100:	-0%
Price / MAexp7:	-0.79%
Price / MAexp20:	-1.06%
Price / MAexp50:	-0.28%
Price / MAexp100:	+0.12%

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

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