OHLA

- EUR (-)

- 15 min delayed data - Spain Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	OHLA
ISIN:	ES0142090317

OHLA - 1H - Technical analysis published on 02/02/2024 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

11%

61%

28%

My opinion

Bearish under 0.4142 EUR

My targets

0.3924 EUR (-1.21%)

0.3732 EUR (-6.04%)

My analysis

The bearish trend is currently very strong for OHLA. As long as the price remains below the resistance at 0.4142 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.3924 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.3732 EUR as an objective. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.

Force

7.7

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 OHLA price is 0.3972 EUR. The price is lower by -0.05% since the last closing with the lowest point at 0.3970 EUR and the highest point at 0.4024 EUR. The deviation from the price is +0.05% for the low point and -1.29% for the high point.

0.3970

0.4024

0.3972

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

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

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

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in 1H of this OHLA chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The probability of a further decline is moderate given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.3732	0.3924	0.3972	0.3987	0.4142	0.4368
Change (%)	-6.04%	-1.21%	-	+0.38%	+4.28%	+9.97%
Change	-0.0240	-0.0048	-	+0.0015	+0.0170	+0.0396
Level	Intermediate	Major	-	Major	Intermediate	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	0.3857	0.3915	0.3945	0.4003	0.4033	0.4091	0.4121
Camarilla	0.3950	0.3958	0.3966	0.3974	0.3982	0.3990	0.3998
Woodie	0.3842	0.3908	0.3930	0.3996	0.4018	0.4084	0.4106
Fibonacci	0.3915	0.3949	0.3970	0.4003	0.4037	0.4058	0.4091

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.3813	0.3903	0.4005	0.4095	0.4197	0.4287	0.4389
Camarilla	0.4055	0.4073	0.4090	0.4108	0.4126	0.4143	0.4161
Woodie	0.3820	0.3906	0.4012	0.4098	0.4204	0.4290	0.4396
Fibonacci	0.3903	0.3976	0.4021	0.4095	0.4168	0.4213	0.4287

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.3086	0.3524	0.3796	0.4234	0.4506	0.4944	0.5216
Camarilla	0.3873	0.3938	0.4003	0.4068	0.4133	0.4198	0.4263
Woodie	0.3003	0.3483	0.3713	0.4193	0.4423	0.4903	0.5133
Fibonacci	0.3524	0.3795	0.3963	0.4234	0.4505	0.4673	0.4944

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):	38.44
MACD (12,26,9):	-0.0012
Directional Movement:	-8.4715
AROON (14):	-92.8571
DEMA (21):	0.3995
Parabolic SAR (0,02-0,02-0,2):	0.4057
Elder Ray (13):	-0.0017
Super Trend (3,10):	0.4060
Zig ZAG (10):	0.3970
VORTEX (21):	0.8656
Stochastique (14,3,5):	19.28
TEMA (21):	0.3993
Williams %R (14):	-98.31
Chande Momentum Oscillator (20):	-0.0068
Repulse (5,40,3):	-1.4419
ROCnROLL:	2
TRIX (15,9):	-0.0322
Courbe Coppock:	1.41

MA7:	0.4033
MA20:	0.4115
MA50:	0.4425
MA100:	0.4222
MAexp7:	0.3996
MAexp20:	0.4011
MAexp50:	0.4033
MAexp100:	0.4076
Price / MA7:	-1.51%
Price / MA20:	-3.48%
Price / MA50:	-10.24%
Price / MA100:	-5.92%
Price / MAexp7:	-0.60%
Price / MAexp20:	-0.97%
Price / MAexp50:	-1.51%
Price / MAexp100:	-2.55%

Quotes : - 15 min delayed data - Spain Stocks

News

Don't forget to follow the news on OHLA. At the time of publication of this analysis, the latest news was as follows:

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

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