BCA POP SONDRIO - Daily - Technical analysis published on 01/30/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Neutral
Technical indicators
22%
56%
22%
My opinion
Bearish under 2.062 EUR
My targets
1.922 EUR (-4.66%)
1.776 EUR (-11.90%)
My analysis
The strong short-term decrease of BCA POP SONDRIO should quickly allow the basic trend to become bearish. As long as the price remains below the resistance located at 2.062 EUR, a sale could be considered. The first bearish objective is located at 1.922 EUR. The bearish momentum would be boosted by a support break. Sellers could then target the support located at 1.776 EUR. If there is any crossing, the next objective would be support 1.590 EUR. Caution, if there is a return to above 2.062 EUR, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
FORCE
0
10
2.5
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BCA POP SONDRIO price is 2.016 EUR. The price is lower by -0.20% since the last closing with the lowest point at 2.002 EUR and the highest point at 2.038 EUR. The deviation from the price is +0.70% for the low point and -1.08% for the high point.2.002
2.038
2.016
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of BCA POP SONDRIO indicates that the overall trend is not clearly defined. The trend could quickly turn bearish due to the strong bearish signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Near support of channel
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.590 | 1.776 | 1.922 | 2.016 | 2.062 | 2.170 | 2.426 |
| Change (%) | -21.13% | -11.90% | -4.66% | - | +2.28% | +7.64% | +20.34% |
| Change | -0.426 | -0.240 | -0.094 | - | +0.046 | +0.154 | +0.410 |
| Level | Major | Minor | Intermediate | - | Major | Major | Minor |
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 | 1.900 | 1.936 | 1.970 | 2.006 | 2.040 | 2.076 | 2.110 |
| Camarilla | 1.985 | 1.991 | 1.998 | 2.004 | 2.010 | 2.017 | 2.023 |
| Woodie | 1.899 | 1.936 | 1.969 | 2.006 | 2.039 | 2.076 | 2.109 |
| Fibonacci | 1.936 | 1.963 | 1.979 | 2.006 | 2.033 | 2.049 | 2.076 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.012 | 2.042 | 2.078 | 2.108 | 2.144 | 2.174 | 2.210 |
| Camarilla | 2.096 | 2.102 | 2.108 | 2.114 | 2.120 | 2.126 | 2.132 |
| Woodie | 2.015 | 2.044 | 2.081 | 2.110 | 2.147 | 2.176 | 2.213 |
| Fibonacci | 2.042 | 2.067 | 2.083 | 2.108 | 2.133 | 2.149 | 2.174 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.835 | 1.935 | 2.021 | 2.121 | 2.207 | 2.307 | 2.393 |
| Camarilla | 2.057 | 2.074 | 2.091 | 2.108 | 2.125 | 2.142 | 2.159 |
| Woodie | 1.829 | 1.932 | 2.015 | 2.118 | 2.201 | 2.304 | 2.387 |
| Fibonacci | 1.935 | 2.006 | 2.050 | 2.121 | 2.192 | 2.236 | 2.307 |
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): | 39.66 | |
| MACD (12,26,9): | -0.0150 | |
| Directional Movement: | -9.998 | |
| AROON (14): | -78.571 | |
| DEMA (21): | 2.063 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.133 | |
| Elder Ray (13): | -0.062 | |
| Super Trend (3,10): | 1.980 | |
| Zig ZAG (10): | 2.020 | |
| VORTEX (21): | 0.8700 | |
| Stochastique (14,3,5): | 15.28 | |
| TEMA (21): | 2.028 | |
| Williams %R (14): | -75.00 | |
| Chande Momentum Oscillator (20): | -0.096 | |
| Repulse (5,40,3): | 0.5850 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0190 | |
| Courbe Coppock: | 4.73 |
| MA7: | 2.050 | |
| MA20: | 2.087 | |
| MA50: | 2.096 | |
| MA100: | 1.937 | |
| MAexp7: | 2.043 | |
| MAexp20: | 2.075 | |
| MAexp50: | 2.053 | |
| MAexp100: | 2.008 | |
| Price / MA7: | -1.66% | |
| Price / MA20: | -3.40% | |
| Price / MA50: | -3.82% | |
| Price / MA100: | +4.08% | |
| Price / MAexp7: | -1.32% | |
| Price / MAexp20: | -2.84% | |
| Price / MAexp50: | -1.80% | |
| Price / MAexp100: | +0.40% |
This member declared not having a position on this financial instrument or a related financial instrument.
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