PARROT - Daily - Technical analysis published on 08/03/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
28%
33%
39%
My opinion
Bearish under 4.380 EUR
My targets
4.034 EUR (-2.80%)
3.700 EUR (-10.84%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on PARROT as long as the price remains well below 4.380 EUR. The next bearish objective for sellers is set at 4.034 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 3.700 EUR. If there is any crossing, the next objective would be the support located at 3.460 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 over sold items that could be a sign of a short-term correction.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.5
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The PARROT rating is 4.150 EUR. The price is lower by -1.19% since the last closing and was traded between 4.150 EUR and 4.340 EUR over the period. The price is currently at 0% from its lowest and -4.38% from its highest.4.150
4.340
4.150
Here is a more detailed summary of the historical variations registered by PARROT:
Technical
Technical analysis of PARROT in Daily shows a overall strongly bearish trend. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.460 | 3.700 | 4.034 | 4.150 | 4.380 | 4.630 | 5.010 |
| Change (%) | -16.63% | -10.84% | -2.80% | - | +5.54% | +11.57% | +20.72% |
| Change | -0.690 | -0.450 | -0.116 | - | +0.230 | +0.480 | +0.860 |
| Level | Minor | Minor | Major | - | Minor | Intermediate | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 4.017 | 4.073 | 4.137 | 4.193 | 4.257 | 4.313 | 4.377 |
| Camarilla | 4.167 | 4.178 | 4.189 | 4.200 | 4.211 | 4.222 | 4.233 |
| Woodie | 4.020 | 4.075 | 4.140 | 4.195 | 4.260 | 4.315 | 4.380 |
| Fibonacci | 4.073 | 4.119 | 4.148 | 4.193 | 4.239 | 4.268 | 4.313 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.347 | 3.673 | 3.947 | 4.273 | 4.547 | 4.873 | 5.147 |
| Camarilla | 4.055 | 4.110 | 4.165 | 4.220 | 4.275 | 4.330 | 4.385 |
| Woodie | 3.320 | 3.660 | 3.920 | 4.260 | 4.520 | 4.860 | 5.120 |
| Fibonacci | 3.673 | 3.903 | 4.044 | 4.273 | 4.503 | 4.644 | 4.873 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.347 | 3.673 | 3.947 | 4.273 | 4.547 | 4.873 | 5.147 |
| Camarilla | 4.055 | 4.110 | 4.165 | 4.220 | 4.275 | 4.330 | 4.385 |
| Woodie | 3.320 | 3.660 | 3.920 | 4.260 | 4.520 | 4.860 | 5.120 |
| Fibonacci | 3.673 | 3.903 | 4.044 | 4.273 | 4.503 | 4.644 | 4.873 |
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): | 46.11 | |
| MACD (12,26,9): | -0.0510 | |
| Directional Movement: | 8.056 | |
| AROON (14): | 14.286 | |
| DEMA (21): | 4.108 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.035 | |
| Elder Ray (13): | 0.060 | |
| Super Trend (3,10): | 4.513 | |
| Zig ZAG (10): | 4.150 | |
| VORTEX (21): | 1.0060 | |
| Stochastique (14,3,5): | 31.67 | |
| TEMA (21): | 4.182 | |
| Williams %R (14): | -75.00 | |
| Chande Momentum Oscillator (20): | -0.040 | |
| Repulse (5,40,3): | -5.3210 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.3090 | |
| Courbe Coppock: | 1.70 |
| MA7: | 4.202 | |
| MA20: | 4.165 | |
| MA50: | 4.459 | |
| MA100: | 4.553 | |
| MAexp7: | 4.196 | |
| MAexp20: | 4.203 | |
| MAexp50: | 4.360 | |
| MAexp100: | 4.421 | |
| Price / MA7: | -1.24% | |
| Price / MA20: | -0.36% | |
| Price / MA50: | -6.93% | |
| Price / MA100: | -8.85% | |
| Price / MAexp7: | -1.10% | |
| Price / MAexp20: | -1.26% | |
| Price / MAexp50: | -4.82% | |
| Price / MAexp100: | -6.13% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The last news published on PARROT at the time of the generation of this analysis was as follows:
- Parrot: 2022 First-Quarter Business
- Parrot ANAFI Ai, the first 4G connected robotic UAV is ready for work.
- AgEagle to Acquire senseFly from Parrot
- AgEagle to Acquire senseFly from Parrot
- Parrot unveils ANAFI Ai: The first 4G connected robotic UAV
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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