PHAROL - 1H - Technical analysis published on 07/13/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 0.0770 EUR
My targets
0.0760 EUR (-0.52%)
0.0749 EUR (-1.96%)
My analysis
The bearish trend is currently very strong for PHAROL. As long as the price remains below the resistance at 0.0770 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.0760 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.0749 EUR as an objective. Crossing it would then enable sellers to target 0.0736 EUR. 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, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
7
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Additional analysis
Quotes
The PHAROL price is 0.0764 EUR. On the day, this instrument gained +0.13% and was traded between 0.0763 EUR and 0.0764 EUR over the period. The price is currently at +0.13% from its lowest and 0% from its highest.0.0763
0.0764
0.0764
Here is a more detailed summary of the historical variations registered by PHAROL:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this PHAROL chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of channel
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.0736 | 0.0749 | 0.0760 | 0.0764 | 0.0770 | 0.0780 | 0.0794 |
| Change (%) | -3.66% | -1.96% | -0.52% | - | +0.79% | +2.09% | +3.93% |
| Change | -0.0028 | -0.0015 | -0.0004 | - | +0.0006 | +0.0016 | +0.0030 |
| Level | Minor | Intermediate | Major | - | Major | 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 | 0.0679 | 0.0702 | 0.0733 | 0.0756 | 0.0787 | 0.0810 | 0.0841 |
| Camarilla | 0.0748 | 0.0753 | 0.0758 | 0.0763 | 0.0768 | 0.0773 | 0.0778 |
| Woodie | 0.0682 | 0.0704 | 0.0736 | 0.0758 | 0.0790 | 0.0812 | 0.0844 |
| Fibonacci | 0.0702 | 0.0723 | 0.0736 | 0.0756 | 0.0777 | 0.0790 | 0.0810 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.0726 | 0.0748 | 0.0764 | 0.0786 | 0.0802 | 0.0824 | 0.0840 |
| Camarilla | 0.0770 | 0.0773 | 0.0777 | 0.0780 | 0.0784 | 0.0787 | 0.0791 |
| Woodie | 0.0723 | 0.0747 | 0.0761 | 0.0785 | 0.0799 | 0.0823 | 0.0837 |
| Fibonacci | 0.0748 | 0.0763 | 0.0772 | 0.0786 | 0.0801 | 0.0810 | 0.0824 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.0645 | 0.0691 | 0.0744 | 0.0790 | 0.0843 | 0.0889 | 0.0942 |
| Camarilla | 0.0771 | 0.0780 | 0.0789 | 0.0798 | 0.0807 | 0.0816 | 0.0825 |
| Woodie | 0.0650 | 0.0693 | 0.0749 | 0.0792 | 0.0848 | 0.0891 | 0.0947 |
| Fibonacci | 0.0691 | 0.0729 | 0.0752 | 0.0790 | 0.0828 | 0.0851 | 0.0889 |
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): | 43.92 | |
| MACD (12,26,9): | -0.0004 | |
| Directional Movement: | -15.0747 | |
| AROON (14): | -14.2857 | |
| DEMA (21): | 0.0768 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.0778 | |
| Elder Ray (13): | -0.0007 | |
| Super Trend (3,10): | 0.0786 | |
| Zig ZAG (10): | 0.0764 | |
| VORTEX (21): | 0.7788 | |
| Stochastique (14,3,5): | 62.22 | |
| TEMA (21): | 0.0766 | |
| Williams %R (14): | -36.67 | |
| Chande Momentum Oscillator (20): | -0.0008 | |
| Repulse (5,40,3): | 0.5904 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0408 | |
| Courbe Coppock: | 2.19 |
| MA7: | 0.0777 | |
| MA20: | 0.0776 | |
| MA50: | 0.0789 | |
| MA100: | 0.0796 | |
| MAexp7: | 0.0767 | |
| MAexp20: | 0.0772 | |
| MAexp50: | 0.0777 | |
| MAexp100: | 0.0779 | |
| Price / MA7: | -1.67% | |
| Price / MA20: | -1.55% | |
| Price / MA50: | -3.17% | |
| Price / MA100: | -4.02% | |
| Price / MAexp7: | -0.39% | |
| Price / MAexp20: | -1.04% | |
| Price / MAexp50: | -1.67% | |
| Price / MAexp100: | -1.93% |
Quotes :
-
15 min delayed data
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Euronext Lisbonne
This member declared not having a position on this financial instrument or a related financial instrument.
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