REPSOL - Daily - Technical analysis published on 12/07/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bearish
Technical indicators
22%
28%
50%
My opinion
Bearish under 14.595 EUR
My targets
13.388 EUR (-3.44%)
13.034 EUR (-5.99%)
My analysis
There is a bearish trend on REPSOL both at the basic level and in the short term. A sale could be considered, so long as the price remains below 14.595 EUR. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 13.388 EUR. Then the price could move towards 13.034 EUR. Then 12.763 EUR by extension. Be careful, a return to above the resistance 14.595 EUR would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
4.5
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
REPSOL rating 13.865 EUR. The price is lower by -0.22% since the last closing and was between 13.800 EUR and 13.905 EUR. This implies that the price is at +0.47% from its lowest and at -0.29% from its highest.13.800
13.905
13.865
The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by REPSOL:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this REPSOL chart shows a bearish trend. The signals given by moving averages are at 78.57% bearish. This bearish trend shows slight signs of slowing down given the slightly bearish signals of short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
On the 18 technical indicators analysed, 4 are bullish, 9 are neutral and 5 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Momentum indicator is back over 0
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
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 12.763 | 13.034 | 13.388 | 13.865 | 14.055 | 14.595 | 15.106 |
Change (%) | -7.95% | -5.99% | -3.44% | - | +1.37% | +5.27% | +8.95% |
Change | -1.102 | -0.831 | -0.477 | - | +0.190 | +0.730 | +1.241 |
Level | Major | Minor | Major | - | Major | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 13.595 | 13.745 | 13.820 | 13.970 | 14.045 | 14.195 | 14.270 |
Camarilla | 13.833 | 13.854 | 13.874 | 13.895 | 13.916 | 13.936 | 13.957 |
Woodie | 13.558 | 13.726 | 13.783 | 13.951 | 14.008 | 14.176 | 14.233 |
Fibonacci | 13.745 | 13.831 | 13.884 | 13.970 | 14.056 | 14.109 | 14.195 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 13.547 | 13.773 | 13.977 | 14.203 | 14.407 | 14.633 | 14.837 |
Camarilla | 14.062 | 14.101 | 14.141 | 14.180 | 14.219 | 14.259 | 14.298 |
Woodie | 13.535 | 13.768 | 13.965 | 14.198 | 14.395 | 14.628 | 14.825 |
Fibonacci | 13.773 | 13.938 | 14.039 | 14.203 | 14.368 | 14.469 | 14.633 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 12.362 | 12.853 | 13.447 | 13.938 | 14.532 | 15.023 | 15.617 |
Camarilla | 13.742 | 13.841 | 13.941 | 14.040 | 14.140 | 14.239 | 14.338 |
Woodie | 12.413 | 12.879 | 13.498 | 13.964 | 14.583 | 15.049 | 15.668 |
Fibonacci | 12.853 | 13.268 | 13.524 | 13.938 | 14.353 | 14.609 | 15.023 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
RSI (14): | 45.41 | |
MACD (12,26,9): | -0.0480 | |
Directional Movement: | -0.437 | |
AROON (14): | 64.286 | |
DEMA (21): | 13.887 | |
Parabolic SAR (0,02-0,02-0,2): | 14.396 | |
Elder Ray (13): | -0.107 | |
Super Trend (3,10): | 14.424 | |
Zig ZAG (10): | 13.860 | |
VORTEX (21): | 1.0430 | |
Stochastique (14,3,5): | 34.40 | |
TEMA (21): | 13.967 | |
Williams %R (14): | -77.40 | |
Chande Momentum Oscillator (20): | 0.000 | |
Repulse (5,40,3): | -0.9360 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.0770 | |
Courbe Coppock: | 3.22 |
MA7: | 13.985 | |
MA20: | 13.921 | |
MA50: | 14.222 | |
MA100: | 14.314 | |
MAexp7: | 13.951 | |
MAexp20: | 13.976 | |
MAexp50: | 14.123 | |
MAexp100: | 14.126 | |
Price / MA7: | -0.86% | |
Price / MA20: | -0.40% | |
Price / MA50: | -2.51% | |
Price / MA100: | -3.14% | |
Price / MAexp7: | -0.62% | |
Price / MAexp20: | -0.79% | |
Price / MAexp50: | -1.83% | |
Price / MAexp100: | -1.85% |
Quotes :
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15 min delayed data
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Spain Stocks
News
The latest news and videos published on REPSOL at the time of the analysis were as follows:
- Erik Martel and Ignacio Martínez exit the Asterion Energies Group after its sale to Repsol for 560 million Euros
- Repsol Accelerates Digital Journey with Halliburton Landmark to Automate and Streamline Its Well Design Process
- Repsol Oil & Gas Canada Inc. announces redemption of its outstanding senior notes and debentures
- HyCOgen and FT CANS, innovative technologies to enable sustainable fuel production selected for Repsol and Aramco's synthetic fuel plant in Bilbao
- Emerson's Cloud-Hosted Software Helps Repsol to Boost Performance
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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