BERKELEY ENERGIA - Daily - Technical analysis published on 11/23/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 0.2097 EUR
My targets
0.2542 EUR (+12.71%)
0.2715 EUR (+20.40%)
My analysis
BERKELEY ENERGIA is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.2097 EUR. The next resistance located at 0.2542 EUR is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.2715 EUR. After this resistance, buyers could then target 0.3030 EUR.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.6
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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 BERKELEY ENERGIA rating is 0.2255 EUR. On the day, this instrument gained +4.40% and was between 0.2125 EUR and 0.2335 EUR. This implies that the price is at +6.12% from its lowest and at -3.43% from its highest.0.2125
0.2335
0.2255
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of BERKELEY ENERGIA indicates that the overall trend is bullish. 67.86% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 17 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish engulfing lines
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.0940 | 0.1499 | 0.2097 | 0.2255 | 0.2715 | 0.3030 | 0.4027 |
Change (%) | -58.31% | -33.53% | -7.01% | - | +20.40% | +34.37% | +78.58% |
Change | -0.1315 | -0.0756 | -0.0158 | - | +0.0460 | +0.0775 | +0.1772 |
Level | Minor | Major | Major | - | Intermediate | Minor | 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 | 0.1940 | 0.2020 | 0.2090 | 0.2170 | 0.2240 | 0.2320 | 0.2390 |
Camarilla | 0.2119 | 0.2133 | 0.2146 | 0.2160 | 0.2174 | 0.2188 | 0.2201 |
Woodie | 0.1935 | 0.2018 | 0.2085 | 0.2168 | 0.2235 | 0.2318 | 0.2385 |
Fibonacci | 0.2020 | 0.2077 | 0.2113 | 0.2170 | 0.2227 | 0.2263 | 0.2320 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.1503 | 0.1672 | 0.1938 | 0.2107 | 0.2373 | 0.2542 | 0.2808 |
Camarilla | 0.2085 | 0.2125 | 0.2165 | 0.2205 | 0.2245 | 0.2285 | 0.2325 |
Woodie | 0.1553 | 0.1696 | 0.1988 | 0.2131 | 0.2423 | 0.2566 | 0.2858 |
Fibonacci | 0.1672 | 0.1838 | 0.1941 | 0.2107 | 0.2273 | 0.2376 | 0.2542 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.1220 | 0.1400 | 0.1560 | 0.1740 | 0.1900 | 0.2080 | 0.2240 |
Camarilla | 0.1627 | 0.1658 | 0.1689 | 0.1720 | 0.1751 | 0.1782 | 0.1814 |
Woodie | 0.1210 | 0.1395 | 0.1550 | 0.1735 | 0.1890 | 0.2075 | 0.2230 |
Fibonacci | 0.1400 | 0.1530 | 0.1610 | 0.1740 | 0.1870 | 0.1950 | 0.2080 |
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): | 69.77 | |
MACD (12,26,9): | 0.0095 | |
Directional Movement: | 26.8667 | |
AROON (14): | 92.8571 | |
DEMA (21): | 0.2062 | |
Parabolic SAR (0,02-0,02-0,2): | 0.1927 | |
Elder Ray (13): | 0.0206 | |
Super Trend (3,10): | 0.1848 | |
Zig ZAG (10): | 0.2275 | |
VORTEX (21): | 1.1419 | |
Stochastique (14,3,5): | 79.54 | |
TEMA (21): | 0.2181 | |
Williams %R (14): | -10.08 | |
Chande Momentum Oscillator (20): | 0.0505 | |
Repulse (5,40,3): | 5.5449 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.3695 | |
Courbe Coppock: | 39.96 |
MA7: | 0.2077 | |
MA20: | 0.1902 | |
MA50: | 0.1865 | |
MA100: | 0.2108 | |
MAexp7: | 0.2113 | |
MAexp20: | 0.1965 | |
MAexp50: | 0.1947 | |
MAexp100: | 0.2031 | |
Price / MA7: | +8.57% | |
Price / MA20: | +18.56% | |
Price / MA50: | +20.91% | |
Price / MA100: | +6.97% | |
Price / MAexp7: | +6.72% | |
Price / MAexp20: | +14.76% | |
Price / MAexp50: | +15.82% | |
Price / MAexp100: | +11.03% |
Quotes :
-
15 min delayed data
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Spain Stocks
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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