RECORDATI ORD

- EUR (-)

- 15 min delayed data - Italy Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	REC
ISIN:	IT0003828271

RECORDATI ORD - Daily - Technical analysis published on 04/17/2024 (GMT)

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04/17/2024 - 11:30
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Timeframe : Daily
- Analysis generated on 04/17/2024 - 11:30
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

17%

56%

28%

My opinion

Bearish under 50.93 EUR

My targets

46.00 EUR (-5.58%)

44.14 EUR (-9.40%)

My analysis

RECORDATI ORD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 50.93 EUR. The next support located at 46.00 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 44.14 EUR. Below this support, sellers could then target 42.68 EUR.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.

Force

4.8

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

RECORDATI ORD rating 48.72 EUR. The price registered a decrease of -1.26% on the session with the lowest point at 48.72 EUR and the highest point at 49.24 EUR. The deviation from the price is 0% for the low point and -1.06% for the high point.

48.72

49.24

48.72

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows the following items:

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of RECORDATI ORD in Daily shows an overall bearish trend. 67.86% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 10 technical indicators on 18 studied are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

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

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal support

Type : Bullish

Timeframe : Daily

Near support of channel

Type : Bullish

Timeframe : Daily

Near support of triangle

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	44.14	46.00	48.70	48.72	50.93	53.08	55.43
Change (%)	-9.40%	-5.58%	-0.04%	-	+4.54%	+8.95%	+13.77%
Change	-4.58	-2.72	-0.02	-	+2.21	+4.36	+6.71
Level	Minor	Major	Major	-	Intermediate	Major	Major

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	48.38	48.62	48.98	49.22	49.58	49.82	50.18
Camarilla	49.18	49.23	49.29	49.34	49.40	49.45	49.51
Woodie	48.44	48.65	49.04	49.25	49.64	49.85	50.24
Fibonacci	48.62	48.85	48.99	49.22	49.45	49.59	49.82

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	47.11	47.83	48.62	49.34	50.13	50.85	51.64
Camarilla	49.01	49.14	49.28	49.42	49.56	49.70	49.84
Woodie	47.16	47.85	48.67	49.36	50.18	50.87	51.69
Fibonacci	47.83	48.40	48.76	49.34	49.91	50.27	50.85

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	47.32	48.96	50.10	51.74	52.88	54.52	55.66
Camarilla	50.48	50.73	50.99	51.24	51.50	51.75	52.01
Woodie	47.07	48.84	49.85	51.62	52.63	54.40	55.41
Fibonacci	48.96	50.02	50.68	51.74	52.80	53.46	54.52

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):	38.37
MACD (12,26,9):	-0.6400
Directional Movement:	-17.67
AROON (14):	-35.72
DEMA (21):	49.47
Parabolic SAR (0,02-0,02-0,2):	50.63
Elder Ray (13):	-0.86
Super Trend (3,10):	51.64
Zig ZAG (10):	48.74
VORTEX (21):	0.7500
Stochastique (14,3,5):	21.39
TEMA (21):	48.87
Williams %R (14):	-94.48
Chande Momentum Oscillator (20):	-2.50
Repulse (5,40,3):	-0.2700
ROCnROLL:	2
TRIX (15,9):	-0.1400
Courbe Coppock:	8.48

MA7:	49.45
MA20:	50.41
MA50:	51.16
MA100:	49.65
MAexp7:	49.43
MAexp20:	50.22
MAexp50:	50.51
MAexp100:	49.50
Price / MA7:	-1.48%
Price / MA20:	-3.35%
Price / MA50:	-4.77%
Price / MA100:	-1.87%
Price / MAexp7:	-1.44%
Price / MAexp20:	-2.99%
Price / MAexp50:	-3.54%
Price / MAexp100:	-1.58%

Quotes : 04/17/2024 - 11:14 - 15 min delayed data - Italy Stocks

News

The last news published on RECORDATI ORD at the time of the generation of this analysis was as follows:

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

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