TELECOM ITALIA

- EUR (-)

- 15 min delayed data - Italy Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	TIT
ISIN:	IT0003497168

TELECOM ITALIA - Daily - Technical analysis published on 05/30/2023 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

22%

56%

22%

My opinion

Bearish under 0.2623 EUR

My targets

0.2369 EUR (-7.79%)

0.2253 EUR (-12.30%)

My analysis

In the short term, we can see an acceleration in the bearish trend on TELECOM ITALIA, which is a positive signal for sellers. As long as the price remains above 0.2623 EUR, a sale could be considered. The first bearish objective is located at 0.2369 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.2253 EUR as an objective. Crossing it would then enable sellers to target 0.2021 EUR. If the price were to return above 0.2623 EUR, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

5.7

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.

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Additional analysis

Quotes

The TELECOM ITALIA rating is 0.2569 EUR. The price has increased by +0.86% since the last closing with the lowest point at 0.2550 EUR and the highest point at 0.2584 EUR. The deviation from the price is +0.75% for the low point and -0.58% for the high point.

0.2550

0.2584

0.2569

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

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 result:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this TELECOM ITALIA chart shows a bearish trend. 78.57% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

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

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Near support of channel

Type : Bullish

Timeframe : Daily

Near support of triangle

Type : Bullish

Timeframe : Daily

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Bullish harami

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.2021	0.2253	0.2369	0.2569	0.2623	0.2776	0.2950
Change (%)	-21.33%	-12.30%	-7.79%	-	+2.10%	+8.06%	+14.83%
Change	-0.0548	-0.0316	-0.0200	-	+0.0054	+0.0207	+0.0381
Level	Intermediate	Minor	Major	-	Major	Major	Minor

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	0.2451	0.2499	0.2523	0.2571	0.2595	0.2643	0.2667
Camarilla	0.2527	0.2534	0.2540	0.2547	0.2554	0.2560	0.2567
Woodie	0.2439	0.2493	0.2511	0.2565	0.2583	0.2637	0.2655
Fibonacci	0.2499	0.2527	0.2544	0.2571	0.2599	0.2616	0.2643

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.2291	0.2418	0.2502	0.2629	0.2713	0.2840	0.2924
Camarilla	0.2527	0.2546	0.2566	0.2585	0.2604	0.2624	0.2643
Woodie	0.2269	0.2407	0.2480	0.2618	0.2691	0.2829	0.2902
Fibonacci	0.2418	0.2499	0.2549	0.2629	0.2710	0.2760	0.2840

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.1851	0.2202	0.2435	0.2786	0.3019	0.3370	0.3603
Camarilla	0.2508	0.2562	0.2616	0.2669	0.2723	0.2776	0.2830
Woodie	0.1793	0.2173	0.2377	0.2757	0.2961	0.3341	0.3545
Fibonacci	0.2202	0.2425	0.2563	0.2786	0.3009	0.3147	0.3370

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):	40.47
MACD (12,26,9):	-0.0054
Directional Movement:	-13.1521
AROON (14):	-28.5714
DEMA (21):	0.2590
Parabolic SAR (0,02-0,02-0,2):	0.2798
Elder Ray (13):	-0.0071
Super Trend (3,10):	0.2480
Zig ZAG (10):	0.2575
VORTEX (21):	0.9421
Stochastique (14,3,5):	12.39
TEMA (21):	0.2590
Williams %R (14):	-82.20
Chande Momentum Oscillator (20):	-0.0152
Repulse (5,40,3):	-2.5009
ROCnROLL:	2
TRIX (15,9):	-0.2867
Courbe Coppock:	3.15

MA7:	0.2636
MA20:	0.2649
MA50:	0.2803
MA100:	0.2826
MAexp7:	0.2611
MAexp20:	0.2665
MAexp50:	0.2746
MAexp100:	0.2720
Price / MA7:	-2.54%
Price / MA20:	-3.02%
Price / MA50:	-8.35%
Price / MA100:	-9.09%
Price / MAexp7:	-1.61%
Price / MAexp20:	-3.60%
Price / MAexp50:	-6.45%
Price / MAexp100:	-5.55%

Quotes : - 15 min delayed data - Italy Stocks

News

The last news published on TELECOM ITALIA at the time of the generation of this analysis was as follows:

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

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