GENERALI - 1H - Technical analysis published on 02/16/2023 (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 bullish
Underlying:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 18.147 EUR
My targets
18.435 EUR (+0.68%)
19.855 EUR (+8.44%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on GENERALI ASS as long as the price remains well above 18.147 EUR. The buyers' bullish objective is set at 18.435 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 19.855 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.4
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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 GENERALI ASS price is 18.310 EUR. The price registered a decrease of -0.19% on the session with the lowest point at 18.160 EUR and the highest point at 18.385 EUR. The deviation from the price is +0.83% for the low point and -0.41% for the high point.18.160
18.385
18.310
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
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of GENERALI ASS in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
The probability of a further increase is high given the direction of the technical indicators.
The Central Indicators scanner found this result concerning these indicators:
MACD indicator is back over 0
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of triangle
Type : Bullish
Timeframe : 1 hour
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 : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 17.442 | 17.853 | 18.147 | 18.310 | 18.343 | 18.435 | 19.855 |
| Change (%) | -4.74% | -2.50% | -0.89% | - | +0.18% | +0.68% | +8.44% |
| Change | -0.868 | -0.457 | -0.163 | - | +0.033 | +0.125 | +1.545 |
| Level | Intermediate | Intermediate | Intermediate | - | Intermediate | Intermediate | Major |
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 | 17.992 | 18.068 | 18.207 | 18.283 | 18.422 | 18.498 | 18.637 |
| Camarilla | 18.286 | 18.306 | 18.325 | 18.345 | 18.365 | 18.384 | 18.404 |
| Woodie | 18.023 | 18.084 | 18.238 | 18.299 | 18.453 | 18.514 | 18.668 |
| Fibonacci | 18.068 | 18.151 | 18.201 | 18.283 | 18.366 | 18.416 | 18.498 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17.333 | 17.592 | 17.918 | 18.177 | 18.503 | 18.762 | 19.088 |
| Camarilla | 18.084 | 18.138 | 18.191 | 18.245 | 18.299 | 18.352 | 18.406 |
| Woodie | 17.368 | 17.609 | 17.953 | 18.194 | 18.538 | 18.779 | 19.123 |
| Fibonacci | 17.592 | 17.815 | 17.953 | 18.177 | 18.400 | 18.538 | 18.762 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.498 | 16.067 | 16.983 | 17.552 | 18.468 | 19.037 | 19.953 |
| Camarilla | 17.492 | 17.628 | 17.764 | 17.900 | 18.036 | 18.172 | 18.308 |
| Woodie | 15.673 | 16.154 | 17.158 | 17.639 | 18.643 | 19.124 | 20.128 |
| Fibonacci | 16.067 | 16.634 | 16.984 | 17.552 | 18.119 | 18.469 | 19.037 |
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): | 53.89 | |
| MACD (12,26,9): | 0.0030 | |
| Directional Movement: | -4.899 | |
| AROON (14): | 64.286 | |
| DEMA (21): | 18.282 | |
| Parabolic SAR (0,02-0,02-0,2): | 18.169 | |
| Elder Ray (13): | 0.022 | |
| Super Trend (3,10): | 18.157 | |
| Zig ZAG (10): | 18.315 | |
| VORTEX (21): | 1.0130 | |
| Stochastique (14,3,5): | 60.42 | |
| TEMA (21): | 18.273 | |
| Williams %R (14): | -29.17 | |
| Chande Momentum Oscillator (20): | 0.055 | |
| Repulse (5,40,3): | 0.3170 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0020 | |
| Courbe Coppock: | 0.09 |
| MA7: | 18.257 | |
| MA20: | 18.077 | |
| MA50: | 17.482 | |
| MA100: | 16.558 | |
| MAexp7: | 18.281 | |
| MAexp20: | 18.277 | |
| MAexp50: | 18.252 | |
| MAexp100: | 18.168 | |
| Price / MA7: | +0.29% | |
| Price / MA20: | +1.29% | |
| Price / MA50: | +4.74% | |
| Price / MA100: | +10.58% | |
| Price / MAexp7: | +0.16% | |
| Price / MAexp20: | +0.18% | |
| Price / MAexp50: | +0.32% | |
| Price / MAexp100: | +0.78% |
Quotes :
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15 min delayed data
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Italy Stocks
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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