BERKELEY ENERGIA

- EUR (-)

- 15 min delayed data - Spain Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	BKY
ISIN:	AU000000BKY0

BERKELEY ENERGIA - Daily - Technical analysis published on 09/05/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bearish

Underlying: Bearish

Technical indicators

44%

22%

33%

My opinion

Bearish under 0.2521 EUR

My targets

0.2260 EUR (-8.13%)

0.2102 EUR (-14.55%)

My analysis

There is a bearish trend on BERKELEY ENERGIA both at the basic level and in the short term. A sale could be considered, so long as the price remains below 0.2521 EUR. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 0.2260 EUR. Then the price could move towards 0.2102 EUR. Then 0.1616 EUR by extension. Be careful, a return to above the resistance 0.2521 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

2.9

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.

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 0.2460 EUR. The price has increased by +6.49% since the last closing with the lowest point at 0.2275 EUR and the highest point at 0.2485 EUR. The deviation from the price is +8.13% for the low point and -1.01% for the high point.

0.2275

0.2485

0.2460

The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.

Opening Gap DOWN

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by BERKELEY ENERGIA:

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

Technical analysis of this Daily chart of BERKELEY ENERGIA indicates that the overall trend is bearish. The signals given by moving averages are at 71.43% 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 is currently detecting a bullish signal that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

On the 18 technical indicators analysed, 8 are bullish, 6 are neutral and 4 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

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

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 engulfing lines

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.0940	0.1616	0.2102	0.2460	0.2521	0.3040	0.4027
Change (%)	-61.79%	-34.31%	-14.55%	-	+2.48%	+23.58%	+63.70%
Change	-0.1520	-0.0844	-0.0358	-	+0.0061	+0.0580	+0.1567
Level	Minor	Intermediate	Major	-	Major	Intermediate	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.2238	0.2267	0.2288	0.2317	0.2338	0.2367	0.2388
Camarilla	0.2296	0.2301	0.2305	0.2310	0.2315	0.2319	0.2324
Woodie	0.2235	0.2265	0.2285	0.2315	0.2335	0.2365	0.2385
Fibonacci	0.2267	0.2286	0.2298	0.2317	0.2336	0.2348	0.2367

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.2120	0.2200	0.2260	0.2340	0.2400	0.2480	0.2540
Camarilla	0.2282	0.2294	0.2307	0.2320	0.2333	0.2346	0.2359
Woodie	0.2110	0.2195	0.2250	0.2335	0.2390	0.2475	0.2530
Fibonacci	0.2200	0.2254	0.2287	0.2340	0.2394	0.2427	0.2480

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.1510	0.1880	0.2090	0.2460	0.2670	0.3040	0.3250
Camarilla	0.2141	0.2194	0.2247	0.2300	0.2353	0.2406	0.2460
Woodie	0.1430	0.1840	0.2010	0.2420	0.2590	0.3000	0.3170
Fibonacci	0.1880	0.2102	0.2238	0.2460	0.2682	0.2818	0.3040

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):	43.35
MACD (12,26,9):	-0.0161
Directional Movement:	-4.0332
AROON (14):	-100.0000
DEMA (21):	0.2247
Parabolic SAR (0,02-0,02-0,2):	0.2869
Elder Ray (13):	-0.0028
Super Trend (3,10):	0.2716
Zig ZAG (10):	0.2430
VORTEX (21):	0.8742
Stochastique (14,3,5):	17.66
TEMA (21):	0.2268
Williams %R (14):	-54.55
Chande Momentum Oscillator (20):	-0.0005
Repulse (5,40,3):	3.7754
ROCnROLL:	-1
TRIX (15,9):	-1.0601
Courbe Coppock:	9.69

MA7:	0.2346
MA20:	0.2426
MA50:	0.3093
MA100:	0.2887
MAexp7:	0.2369
MAexp20:	0.2486
MAexp50:	0.2757
MAexp100:	0.2791
Price / MA7:	+4.86%
Price / MA20:	+1.40%
Price / MA50:	-20.47%
Price / MA100:	-14.79%
Price / MAexp7:	+3.84%
Price / MAexp20:	-1.05%
Price / MAexp50:	-10.77%
Price / MAexp100:	-11.86%

Quotes : - 15 min delayed data - Spain Stocks

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

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