GASOL - 15 min. - Technical analysis published on 07/02/2021 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
17%
56%
28%
My opinion
Bearish under 2.2683 USD
My targets
2.2382 USD (-0.92%)
2.2088 USD (-2.22%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on GASOL as long as the price remains well below 2.2683 USD. The sellers' bearish objective is set at 2.2382 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 2.2088 USD. In case of crossing, the next objective would be the support located at 2.1787 USD.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
4.5
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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 GASOL rating is 2.2590 USD. On the day, this instrument lost -0.38% with the lowest point at 2.2590 USD and the highest point at 2.2746 USD. The deviation from the price is 0% for the low point and -0.69% for the high point.2.2590
2.2746
2.2590
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of GASOL in 15 min. shows an overall bearish trend. The signals given by moving averages are 64.29% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 100
Type : Bullish
Timeframe : 15 minutes
Moving Average bearish crossovers : MA20 & MA50
Type : Bearish
Timeframe : 15 minutes
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Downside gap
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.1917 | 2.2112 | 2.2522 | 2.2590 | 2.2702 | 2.2938 | 3.1333 |
| Change (%) | -2.98% | -2.12% | -0.30% | - | +0.50% | +1.54% | +38.70% |
| Change | -0.0673 | -0.0478 | -0.0068 | - | +0.0112 | +0.0348 | +0.8743 |
| Level | Intermediate | Intermediate | Intermediate | - | Major | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.1787 | 2.2088 | 2.2382 | 2.2683 | 2.2977 | 2.3278 | 2.3572 |
| Camarilla | 2.2512 | 2.2567 | 2.2622 | 2.2676 | 2.2731 | 2.2785 | 2.2840 |
| Woodie | 2.1784 | 2.2086 | 2.2379 | 2.2681 | 2.2974 | 2.3276 | 2.3569 |
| Fibonacci | 2.2088 | 2.2315 | 2.2456 | 2.2683 | 2.2910 | 2.3051 | 2.3278 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.0165 | 2.0780 | 2.1709 | 2.2324 | 2.3253 | 2.3868 | 2.4797 |
| Camarilla | 2.2214 | 2.2356 | 2.2498 | 2.2639 | 2.2781 | 2.2922 | 2.3064 |
| Woodie | 2.0323 | 2.0859 | 2.1867 | 2.2403 | 2.3411 | 2.3947 | 2.4955 |
| Fibonacci | 2.0780 | 2.1370 | 2.1734 | 2.2324 | 2.2914 | 2.3278 | 2.3868 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.9472 | 2.0236 | 2.1456 | 2.2220 | 2.3440 | 2.4204 | 2.5424 |
| Camarilla | 2.2130 | 2.2312 | 2.2494 | 2.2676 | 2.2858 | 2.3040 | 2.3222 |
| Woodie | 1.9700 | 2.0350 | 2.1684 | 2.2334 | 2.3668 | 2.4318 | 2.5652 |
| Fibonacci | 2.0236 | 2.0994 | 2.1462 | 2.2220 | 2.2978 | 2.3446 | 2.4204 |
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): | 44.50 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -3.0070 | |
| AROON (14): | -42.8571 | |
| DEMA (21): | 2.2659 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.2743 | |
| Elder Ray (13): | -0.0041 | |
| Super Trend (3,10): | 2.2595 | |
| Zig ZAG (10): | 2.2617 | |
| VORTEX (21): | 0.9392 | |
| Stochastique (14,3,5): | 19.61 | |
| TEMA (21): | 2.2651 | |
| Williams %R (14): | -90.34 | |
| Chande Momentum Oscillator (20): | -0.0073 | |
| Repulse (5,40,3): | -0.0892 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0013 | |
| Courbe Coppock: | 0.06 |
| MA7: | 2.2531 | |
| MA20: | 2.2137 | |
| MA50: | 2.1593 | |
| MA100: | 2.0622 | |
| MAexp7: | 2.2633 | |
| MAexp20: | 2.2657 | |
| MAexp50: | 2.2653 | |
| MAexp100: | 2.2632 | |
| Price / MA7: | +0.26% | |
| Price / MA20: | +2.05% | |
| Price / MA50: | +4.62% | |
| Price / MA100: | +9.54% | |
| Price / MAexp7: | -0.19% | |
| Price / MAexp20: | -0.30% | |
| Price / MAexp50: | -0.28% | |
| Price / MAexp100: | -0.19% |
Quotes :
-
10 min delayed data
-
NYMEX Futures
This member declared not having a position on this financial instrument or a related financial instrument.
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