GASOL - 1H - Technical analysis published on 05/09/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
17%
56%
28%
My opinion
Bullish above 3.7222 USD
My targets
3.8504 USD (+2.75%)
3.9385 USD (+5.10%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 3.7222 USD remains possible. It is advisable to trade GASOL with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 3.7222 USD. The next bullish objective for buyers is set at 3.8504 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 3.9385 USD. If there is any crossing, the next objective would be the resistance located at 4.1179 USD. PS: if there is a bearish break in the support located at 3.7222 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, technical indicators are in opposition with the general bullish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
0.5
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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 3.7474 USD. On the day, this instrument lost -0.31% with the lowest point at 3.6931 USD and the highest point at 3.8312 USD. The deviation from the price is +1.47% for the low point and -2.19% for the high point.3.6931
3.8312
3.7474
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by GASOL:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of GASOL in 1H shows an overall bullish trend. 64.29% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
Technical indicators are bearish. There is still some doubt about the decline in the price.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
Black hanging man / hammer
Type : Neutral
Timeframe : 1 hour
Three black crows
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 3.4411 | 3.6171 | 3.7222 | 3.7474 |
| Change (%) | -8.17% | -3.48% | -0.67% | - |
| Change | -0.3063 | -0.1303 | -0.0252 | - |
| Level | Intermediate | Major | Minor | - |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.4657 | 3.5495 | 3.6543 | 3.7381 | 3.8429 | 3.9267 | 4.0315 |
| Camarilla | 3.7071 | 3.7244 | 3.7417 | 3.7590 | 3.7763 | 3.7936 | 3.8109 |
| Woodie | 3.4761 | 3.5548 | 3.6647 | 3.7434 | 3.8533 | 3.9320 | 4.0419 |
| Fibonacci | 3.5495 | 3.6216 | 3.6661 | 3.7381 | 3.8102 | 3.8547 | 3.9267 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.9877 | 3.1671 | 3.4631 | 3.6425 | 3.9385 | 4.1179 | 4.4139 |
| Camarilla | 3.6283 | 3.6718 | 3.7154 | 3.7590 | 3.8026 | 3.8462 | 3.8897 |
| Woodie | 3.0459 | 3.1963 | 3.5213 | 3.6717 | 3.9967 | 4.1471 | 4.4721 |
| Fibonacci | 3.1671 | 3.3487 | 3.4609 | 3.6425 | 3.8241 | 3.9363 | 4.1179 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.5406 | 2.7446 | 3.0935 | 3.2975 | 3.6464 | 3.8504 | 4.1993 |
| Camarilla | 3.2904 | 3.3410 | 3.3917 | 3.4424 | 3.4931 | 3.5438 | 3.5945 |
| Woodie | 2.6131 | 2.7808 | 3.1660 | 3.3337 | 3.7189 | 3.8866 | 4.2718 |
| Fibonacci | 2.7446 | 2.9558 | 3.0863 | 3.2975 | 3.5087 | 3.6392 | 3.8504 |
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): | 41.05 | |
| MACD (12,26,9): | 0.0074 | |
| Directional Movement: | -13.1133 | |
| AROON (14): | -92.8571 | |
| DEMA (21): | 3.7714 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.8094 | |
| Elder Ray (13): | -0.0443 | |
| Super Trend (3,10): | 3.7165 | |
| Zig ZAG (10): | 3.7242 | |
| VORTEX (21): | 1.0437 | |
| Stochastique (14,3,5): | 15.38 | |
| TEMA (21): | 3.7570 | |
| Williams %R (14): | -77.70 | |
| Chande Momentum Oscillator (20): | -0.0678 | |
| Repulse (5,40,3): | -0.2359 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0712 | |
| Courbe Coppock: | 1.99 |
| MA7: | 3.6088 | |
| MA20: | 3.3838 | |
| MA50: | 3.2662 | |
| MA100: | 2.9093 | |
| MAexp7: | 3.7456 | |
| MAexp20: | 3.7534 | |
| MAexp50: | 3.7161 | |
| MAexp100: | 3.6500 | |
| Price / MA7: | +3.84% | |
| Price / MA20: | +10.75% | |
| Price / MA50: | +14.73% | |
| Price / MA100: | +28.81% | |
| Price / MAexp7: | +0.05% | |
| Price / MAexp20: | -0.16% | |
| Price / MAexp50: | +0.84% | |
| Price / MAexp100: | +2.67% |
Quotes :
-
10 min delayed data
-
NYMEX Futures
News
Don't forget to follow the news on GASOL. At the time of publication of this analysis, the latest news was as follows:
Spain's NBA champion Pau Gasol retiresThis member declared not having a position on this financial instrument or a related financial instrument.
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