GRAND CITY PROPERT.EO-.10 - Daily - Technical analysis published on 08/17/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bullish
Technical indicators
50%
17%
33%
My opinion
Bullish above 7.035 EUR
My targets
7.899 EUR (+4.76%)
8.838 EUR (+17.21%)
My analysis
The basic trend is currently slightly bullish on GRAND CITY PROPERT.EO-.10 and the short term does not seem to show any sign of improvement. Buyers are struggling to get their hands on this instrument. However, as long as the price remains above 7.035 EUR, purchases could be favourable. The first bullish objective would be the resistance located at 7.899 EUR. Then the price could move towards 8.838 EUR. Then 9.747 EUR by extension. A return under the support to 7.035 EUR could jeopardize this fragile bullish trend. Indecision would then be total and in this case you could keep away.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
3.2
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
GRAND CITY PROPERT.EO-.10 rating 7.540 EUR. The price has increased by +2.38% since the last closing and was between 7.355 EUR and 7.700 EUR. This implies that the price is at +2.52% from its lowest and at -2.08% from its highest.7.355
7.700
7.540
Here is a more detailed summary of the historical variations registered by GRAND CITY PROPERT.EO-.10:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of GRAND CITY PROPERT.EO-.10 indicates that the overall trend is slightly bullish. 57.14% of the signals given by moving averages are bullish. The slightly bullish signals given by short-term moving averages do not show a strengthening of this global trend. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : Daily
In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : Daily
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near resistance of channel
Type : Bearish
Timeframe : Daily
Near resistance of triangle
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 6.160 | 6.605 | 7.035 | 7.540 | 7.899 | 8.838 | 9.747 |
| Change (%) | -18.30% | -12.40% | -6.70% | - | +4.76% | +17.21% | +29.27% |
| Change | -1.380 | -0.935 | -0.505 | - | +0.359 | +1.298 | +2.207 |
| Level | Major | Minor | Major | - | Intermediate | Minor | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.903 | 7.042 | 7.203 | 7.342 | 7.503 | 7.642 | 7.803 |
| Camarilla | 7.283 | 7.310 | 7.338 | 7.365 | 7.393 | 7.420 | 7.448 |
| Woodie | 6.915 | 7.048 | 7.215 | 7.348 | 7.515 | 7.648 | 7.815 |
| Fibonacci | 7.042 | 7.156 | 7.227 | 7.342 | 7.456 | 7.527 | 7.642 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.342 | 6.733 | 7.137 | 7.528 | 7.932 | 8.323 | 8.727 |
| Camarilla | 7.321 | 7.394 | 7.467 | 7.540 | 7.613 | 7.686 | 7.759 |
| Woodie | 6.348 | 6.736 | 7.143 | 7.531 | 7.938 | 8.326 | 8.733 |
| Fibonacci | 6.733 | 7.037 | 7.225 | 7.528 | 7.832 | 8.020 | 8.323 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.678 | 6.307 | 6.903 | 7.532 | 8.128 | 8.757 | 9.353 |
| Camarilla | 7.163 | 7.275 | 7.388 | 7.500 | 7.612 | 7.725 | 7.837 |
| Woodie | 5.663 | 6.299 | 6.888 | 7.524 | 8.113 | 8.749 | 9.338 |
| Fibonacci | 6.307 | 6.775 | 7.064 | 7.532 | 8.000 | 8.289 | 8.757 |
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): | 53.17 | |
| MACD (12,26,9): | -0.0310 | |
| Directional Movement: | 11.725 | |
| AROON (14): | -21.428 | |
| DEMA (21): | 7.408 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.810 | |
| Elder Ray (13): | 0.105 | |
| Super Trend (3,10): | 7.111 | |
| Zig ZAG (10): | 7.570 | |
| VORTEX (21): | 0.9260 | |
| Stochastique (14,3,5): | 37.91 | |
| TEMA (21): | 7.366 | |
| Williams %R (14): | -41.18 | |
| Chande Momentum Oscillator (20): | 0.225 | |
| Repulse (5,40,3): | 1.1850 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0520 | |
| Courbe Coppock: | 7.12 |
| MA7: | 7.418 | |
| MA20: | 7.502 | |
| MA50: | 7.474 | |
| MA100: | 7.324 | |
| MAexp7: | 7.412 | |
| MAexp20: | 7.442 | |
| MAexp50: | 7.472 | |
| MAexp100: | 7.694 | |
| Price / MA7: | +1.64% | |
| Price / MA20: | +0.51% | |
| Price / MA50: | +0.88% | |
| Price / MA100: | +2.95% | |
| Price / MAexp7: | +1.73% | |
| Price / MAexp20: | +1.32% | |
| Price / MAexp50: | +0.91% | |
| Price / MAexp100: | -2.00% |
Quotes :
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15 min delayed data
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Germany Stocks
News
The latest news and videos published on GRAND CITY PROPERT.EO-.10 at the time of the analysis were as follows:
- GCP S.A. announces H1 2023 results
- EQS-News: GCP S.A. announces H1 2023 results
- Grand City Properties S.A. announces publication of convening notice for the 2023 Annual General Meeting
- EQS-News: Grand City Properties S.A. announces publication of convening notice for the 2023 Annual General Meeting
- Grand City Properties S.A.: GCP S.A. ANNOUNCES Q1 2023 RESULTS
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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