GENERALI - Daily - Technical analysis published on 11/04/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
39%
17%
44%
My opinion
Bullish above 17.960 EUR
My targets
18.400 EUR (+1.24%)
19.110 EUR (+5.14%)
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 17.960 EUR. The buyers” bullish objective is set at 18.400 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 19.110 EUR. If there is any crossing, the next objective would be the resistance located at 24.656 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, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
6.8
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GENERALI ASS price is 18.175 EUR. The price is lower by -0.33% since the last closing and was traded between 18.085 EUR and 18.270 EUR over the period. The price is currently at +0.50% from its lowest and -0.52% from its highest.18.085
18.270
18.175
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of GENERALI ASS indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a slightly bullish signal.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 3
Type : Neutral
Timeframe : Daily
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near resistance of channel
Type : Bearish
Timeframe : Daily
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Bearish harami
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 15.923 | 17.210 | 17.960 | 18.175 | 18.400 | 19.110 | 24.656 |
| Change (%) | -12.39% | -5.31% | -1.18% | - | +1.24% | +5.14% | +35.66% |
| Change | -2.252 | -0.965 | -0.215 | - | +0.225 | +0.935 | +6.481 |
| Level | Major | Major | Intermediate | - | Major | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18.208 | 18.262 | 18.313 | 18.367 | 18.418 | 18.472 | 18.523 |
| Camarilla | 18.336 | 18.346 | 18.355 | 18.365 | 18.375 | 18.384 | 18.394 |
| Woodie | 18.208 | 18.261 | 18.313 | 18.366 | 18.418 | 18.471 | 18.523 |
| Fibonacci | 18.262 | 18.302 | 18.327 | 18.367 | 18.407 | 18.432 | 18.472 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17.513 | 17.682 | 17.938 | 18.107 | 18.363 | 18.532 | 18.788 |
| Camarilla | 18.078 | 18.117 | 18.156 | 18.195 | 18.234 | 18.273 | 18.312 |
| Woodie | 17.558 | 17.704 | 17.983 | 18.129 | 18.408 | 18.554 | 18.833 |
| Fibonacci | 17.682 | 17.844 | 17.944 | 18.107 | 18.269 | 18.369 | 18.532 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.185 | 15.820 | 16.800 | 17.435 | 18.415 | 19.050 | 20.030 |
| Camarilla | 17.336 | 17.484 | 17.632 | 17.780 | 17.928 | 18.076 | 18.224 |
| Woodie | 15.358 | 15.906 | 16.973 | 17.521 | 18.588 | 19.136 | 20.203 |
| Fibonacci | 15.820 | 16.437 | 16.818 | 17.435 | 18.052 | 18.433 | 19.050 |
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): | 61.19 | |
| MACD (12,26,9): | 0.2270 | |
| Directional Movement: | 6.258 | |
| AROON (14): | 71.429 | |
| DEMA (21): | 18.435 | |
| Parabolic SAR (0,02-0,02-0,2): | 18.500 | |
| Elder Ray (13): | 0.026 | |
| Super Trend (3,10): | 17.827 | |
| Zig ZAG (10): | 18.235 | |
| VORTEX (21): | 1.0760 | |
| Stochastique (14,3,5): | 76.05 | |
| TEMA (21): | 18.432 | |
| Williams %R (14): | -40.77 | |
| Chande Momentum Oscillator (20): | 0.270 | |
| Repulse (5,40,3): | -0.3240 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.2000 | |
| Courbe Coppock: | 5.86 |
| MA7: | 18.356 | |
| MA20: | 18.091 | |
| MA50: | 17.544 | |
| MA100: | 17.100 | |
| MAexp7: | 18.309 | |
| MAexp20: | 18.119 | |
| MAexp50: | 17.681 | |
| MAexp100: | 17.236 | |
| Price / MA7: | -0.99% | |
| Price / MA20: | +0.46% | |
| Price / MA50: | +3.60% | |
| Price / MA100: | +6.29% | |
| Price / MAexp7: | -0.73% | |
| Price / MAexp20: | +0.31% | |
| Price / MAexp50: | +2.79% | |
| Price / MAexp100: | +5.45% |
This member declared not having a position on this financial instrument or a related financial instrument.
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