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 04/17/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

22%

50%

28%

My opinion

Bearish under 0.0582 EUR

My targets

0.0518 EUR (-2.63%)

My analysis

The bearish trend is currently very strong for PHAROL. As long as the price remains below the resistance at 0.0582 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.0518 EUR. The bearish momentum would be revived by a break in this support. 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

6.8

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 PHAROL price is 0.0532 EUR. On the day, this instrument gained +2.31% and was between 0.0520 EUR and 0.0532 EUR. This implies that the price is at +2.31% from its lowest and at 0% from its highest.

0.0520

0.0532

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

The Central Records scanner for higher/lower results shows the following items:

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly

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. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Moving Average bearish crossovers : MA50 & MA100

Type : Bearish

Timeframe : Daily

In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 5 are neutral and 9 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Previous candle closed under Bollinger bands

Type : Neutral

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

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near resistance of channel

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	0.0518	0.0532	0.0582	0.0680	0.0757
Change (%)	-2.63%	-	+9.40%	+27.82%	+42.29%
Change	-0.0014	-	+0.0050	+0.0148	+0.0225
Level	Major	-	Intermediate	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	0.0501	0.0511	0.0515	0.0525	0.0529	0.0539	0.0543
Camarilla	0.0516	0.0517	0.0519	0.0520	0.0521	0.0523	0.0524
Woodie	0.0499	0.0510	0.0513	0.0524	0.0527	0.0538	0.0541
Fibonacci	0.0511	0.0516	0.0519	0.0525	0.0530	0.0533	0.0539

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.0490	0.0504	0.0512	0.0526	0.0534	0.0548	0.0556
Camarilla	0.0514	0.0516	0.0518	0.0520	0.0522	0.0524	0.0526
Woodie	0.0487	0.0503	0.0509	0.0525	0.0531	0.0547	0.0553
Fibonacci	0.0504	0.0512	0.0518	0.0526	0.0534	0.0540	0.0548

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.0433	0.0477	0.0509	0.0553	0.0585	0.0629	0.0661
Camarilla	0.0521	0.0528	0.0535	0.0542	0.0549	0.0556	0.0563
Woodie	0.0428	0.0474	0.0504	0.0550	0.0580	0.0626	0.0656
Fibonacci	0.0477	0.0506	0.0524	0.0553	0.0582	0.0600	0.0629

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):	41.00
MACD (12,26,9):	-0.0011
Directional Movement:	-11.1865
AROON (14):	-28.5714
DEMA (21):	0.0527
Parabolic SAR (0,02-0,02-0,2):	0.0536
Elder Ray (13):	-0.0009
Super Trend (3,10):	0.0579
Zig ZAG (10):	0.0532
VORTEX (21):	0.9215
Stochastique (14,3,5):	16.00
TEMA (21):	0.0524
Williams %R (14):	-68.00
Chande Momentum Oscillator (20):	-0.0009
Repulse (5,40,3):	-0.2343
ROCnROLL:	2
TRIX (15,9):	-0.2702
Courbe Coppock:	6.50

MA7:	0.0531
MA20:	0.0540
MA50:	0.0566
MA100:	0.0566
MAexp7:	0.0531
MAexp20:	0.0541
MAexp50:	0.0557
MAexp100:	0.0580
Price / MA7:	+0.19%
Price / MA20:	-1.48%
Price / MA50:	-6.01%
Price / MA100:	-6.01%
Price / MAexp7:	+0.19%
Price / MAexp20:	-1.66%
Price / MAexp50:	-4.49%
Price / MAexp100:	-8.28%

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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