PHAROL

- EUR (-)

- 15 min delayed data - Euronext Lisbonne

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	PHR
ISIN:	PTPTC0AM0009

PHAROL - Daily - Technical analysis published on 08/01/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

28%

44%

28%

My opinion

Bearish under 0.0802 EUR

My targets

0.0715 EUR (-5.96%)

0.0636 EUR (-16.32%)

My analysis

PHAROL is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.0802 EUR. The next support located at 0.0715 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.0636 EUR. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

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

Force

6.6

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

PHAROL rating 0.0760 EUR. The price registered an increase of +1.33% on the session and was between 0.0760 EUR and 0.0767 EUR. This implies that the price is at 0% from its lowest and at -0.91% from its highest.

0.0760

0.0767

0.0760

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

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 Daily of this PHAROL 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 market scanner currently does not detect any result that concerns moving averages.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

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

Near support of channel

Type : Bullish

Timeframe : Daily

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S1	R1	Price	R2	R3
ProTrendLines	0.0636	0.0760	0.0760	0.0802	0.0845
Change (%)	-16.32%	0%	-	+5.53%	+11.18%
Change	-0.0124	0	-	+0.0042	+0.0085
Level	Intermediate	Intermediate	-	Minor	Intermediate

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	0.0718	0.0726	0.0738	0.0746	0.0758	0.0766	0.0778
Camarilla	0.0745	0.0746	0.0748	0.0750	0.0752	0.0754	0.0756
Woodie	0.0720	0.0727	0.0740	0.0747	0.0760	0.0767	0.0780
Fibonacci	0.0726	0.0734	0.0738	0.0746	0.0754	0.0758	0.0766

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.0693	0.0713	0.0732	0.0752	0.0771	0.0791	0.0810
Camarilla	0.0739	0.0743	0.0746	0.0750	0.0754	0.0757	0.0761
Woodie	0.0692	0.0713	0.0731	0.0752	0.0770	0.0791	0.0809
Fibonacci	0.0713	0.0728	0.0737	0.0752	0.0767	0.0776	0.0791

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.0633	0.0679	0.0715	0.0761	0.0797	0.0843	0.0879
Camarilla	0.0728	0.0735	0.0743	0.0750	0.0758	0.0765	0.0773
Woodie	0.0627	0.0677	0.0709	0.0759	0.0791	0.0841	0.0873
Fibonacci	0.0679	0.0711	0.0730	0.0761	0.0793	0.0812	0.0843

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):	44.76
MACD (12,26,9):	-0.0006
Directional Movement:	-14.3021
AROON (14):	0
DEMA (21):	0.0759
Parabolic SAR (0,02-0,02-0,2):	0.0792
Elder Ray (13):	-0.0001
Super Trend (3,10):	0.0803
Zig ZAG (10):	0.0760
VORTEX (21):	0.8844
Stochastique (14,3,5):	49.63
TEMA (21):	0.0758
Williams %R (14):	-42.22
Chande Momentum Oscillator (20):	-0.0009
Repulse (5,40,3):	-0.6815
ROCnROLL:	2
TRIX (15,9):	-0.1005
Courbe Coppock:	3.54

MA7:	0.0762
MA20:	0.0768
MA50:	0.0782
MA100:	0.0791
MAexp7:	0.0761
MAexp20:	0.0767
MAexp50:	0.0778
MAexp100:	0.0794
Price / MA7:	-0.26%
Price / MA20:	-1.04%
Price / MA50:	-2.81%
Price / MA100:	-3.92%
Price / MAexp7:	-0.13%
Price / MAexp20:	-0.91%
Price / MAexp50:	-2.31%
Price / MAexp100:	-4.28%

Quotes : - 15 min delayed data - Euronext Lisbonne

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

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Londinia AI

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