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 - 1H - Technical analysis published on 05/21/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

94%

My opinion

Bullish above 0.2280 EUR

My targets

0.2354 EUR (+1.47%)

0.2470 EUR (+6.47%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on BERKELEY ENERGIA as long as the price remains well above 0.2280 EUR. The buyers' bullish objective is set at 0.2354 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.2470 EUR. If there is any crossing, the next objective would be the resistance located at 0.2570 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

9.1

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 price is 0.2320 EUR. On the day, this instrument gained +5.94% and was traded between 0.2170 EUR and 0.2320 EUR over the period. The price is currently at +6.91% from its lowest and 0% from its highest.

0.2170

0.2320

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

Technical

A technical analysis in 1H of this BERKELEY ENERGIA chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Moving Average bullish crossovers : MA20 & MA50

Type : Bullish

Timeframe : 1 hour

In fact, according to the parameters integrated into the Central Analyzer system, 17 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.2106	0.2235	0.2280	0.2320	0.2354	0.2470	0.2570
Change (%)	-9.22%	-3.66%	-1.72%	-	+1.47%	+6.47%	+10.78%
Change	-0.0214	-0.0085	-0.0040	-	+0.0034	+0.0150	+0.0250
Level	Major	Major	Intermediate	-	Major	Intermediate	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	0.2093	0.2117	0.2153	0.2177	0.2213	0.2237	0.2273
Camarilla	0.2174	0.2179	0.2185	0.2190	0.2196	0.2201	0.2207
Woodie	0.2100	0.2120	0.2160	0.2180	0.2220	0.2240	0.2280
Fibonacci	0.2117	0.2140	0.2154	0.2177	0.2200	0.2214	0.2237

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.1900	0.2000	0.2080	0.2180	0.2260	0.2360	0.2440
Camarilla	0.2111	0.2127	0.2144	0.2160	0.2177	0.2193	0.2210
Woodie	0.1890	0.1995	0.2070	0.2175	0.2250	0.2355	0.2430
Fibonacci	0.2000	0.2069	0.2111	0.2180	0.2249	0.2291	0.2360

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.0943	0.1312	0.1733	0.2102	0.2523	0.2892	0.3313
Camarilla	0.1938	0.2010	0.2083	0.2155	0.2227	0.2300	0.2372
Woodie	0.0970	0.1325	0.1760	0.2115	0.2550	0.2905	0.3340
Fibonacci	0.1312	0.1613	0.1800	0.2102	0.2403	0.2590	0.2892

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	74.16
MACD (12,26,9):	0.0026
Directional Movement:	31.5035
AROON (14):	92.8571
DEMA (21):	0.2213
Parabolic SAR (0,02-0,02-0,2):	0.2157
Elder Ray (13):	0.0070
Super Trend (3,10):	0.2166
Zig ZAG (10):	0.2290
VORTEX (21):	1.1653
Stochastique (14,3,5):	93.33
TEMA (21):	0.2232
Williams %R (14):	-7.50
Chande Momentum Oscillator (20):	0.0140
Repulse (5,40,3):	6.6774
ROCnROLL:	1
TRIX (15,9):	0.0768
Courbe Coppock:	8.57

MA7:	0.2199
MA20:	0.2139
MA50:	0.1948
MA100:	0.1874
MAexp7:	0.2228
MAexp20:	0.2185
MAexp50:	0.2157
MAexp100:	0.2138
Price / MA7:	+5.50%
Price / MA20:	+8.46%
Price / MA50:	+19.10%
Price / MA100:	+23.80%
Price / MAexp7:	+4.13%
Price / MAexp20:	+6.18%
Price / MAexp50:	+7.56%
Price / MAexp100:	+8.51%

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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