INWIT - Daily - Technical analysis published on 10/23/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
33%
17%
50%
My opinion
Bullish above 9.350 EUR
My targets
9.710 EUR (+3.24%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on INWIT. As long as you are above the support located at 9.350 EUR, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 9.710 EUR would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. If the support 9.350 EUR were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
FORCE
0
10
3.8
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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 INWIT rating is 9.405 EUR. The price registered an increase of +1.46% on the session and was between 9.220 EUR and 9.410 EUR. This implies that the price is at +2.01% from its lowest and at -0.05% from its highest.9.220
9.410
9.405
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by INWIT:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this INWIT chart shows a bullish trend. 75% 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 scanner does not detect any result on moving averages that would impact this trend.
In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 9 are neutral and 3 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 3
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near support of channel
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 8.138 | 8.792 | 9.350 | 9.405 | 9.710 |
| Change (%) | -13.47% | -6.52% | -0.58% | - | +3.24% |
| Change | -1.267 | -0.613 | -0.055 | - | +0.305 |
| Level | Intermediate | Minor | 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 | 9.168 | 9.317 | 9.398 | 9.547 | 9.628 | 9.777 | 9.858 |
| Camarilla | 9.417 | 9.438 | 9.459 | 9.480 | 9.501 | 9.522 | 9.543 |
| Woodie | 9.135 | 9.300 | 9.365 | 9.530 | 9.595 | 9.760 | 9.825 |
| Fibonacci | 9.317 | 9.405 | 9.459 | 9.547 | 9.635 | 9.689 | 9.777 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.852 | 8.993 | 9.277 | 9.418 | 9.702 | 9.843 | 10.127 |
| Camarilla | 9.443 | 9.482 | 9.521 | 9.560 | 9.599 | 9.638 | 9.677 |
| Woodie | 8.923 | 9.029 | 9.348 | 9.454 | 9.773 | 9.879 | 10.198 |
| Fibonacci | 8.993 | 9.156 | 9.256 | 9.418 | 9.581 | 9.681 | 9.843 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.988 | 8.327 | 8.923 | 9.262 | 9.858 | 10.197 | 10.793 |
| Camarilla | 9.263 | 9.349 | 9.434 | 9.520 | 9.606 | 9.691 | 9.777 |
| Woodie | 8.118 | 8.391 | 9.053 | 9.326 | 9.988 | 10.261 | 10.923 |
| Fibonacci | 8.327 | 8.684 | 8.905 | 9.262 | 9.619 | 9.840 | 10.197 |
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): | 46.43 | |
| MACD (12,26,9): | 0.0880 | |
| Directional Movement: | -6.694 | |
| AROON (14): | 42.858 | |
| DEMA (21): | 9.539 | |
| Parabolic SAR (0,02-0,02-0,2): | 9.795 | |
| Elder Ray (13): | -0.081 | |
| Super Trend (3,10): | 9.167 | |
| Zig ZAG (10): | 9.270 | |
| VORTEX (21): | 1.0620 | |
| Stochastique (14,3,5): | 51.26 | |
| TEMA (21): | 9.553 | |
| Williams %R (14): | -79.55 | |
| Chande Momentum Oscillator (20): | -0.010 | |
| Repulse (5,40,3): | -3.9120 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1590 | |
| Courbe Coppock: | 3.25 |
| MA7: | 9.563 | |
| MA20: | 9.441 | |
| MA50: | 9.240 | |
| MA100: | 8.963 | |
| MAexp7: | 9.482 | |
| MAexp20: | 9.418 | |
| MAexp50: | 9.238 | |
| MAexp100: | 8.914 | |
| Price / MA7: | -1.65% | |
| Price / MA20: | -0.38% | |
| Price / MA50: | +1.79% | |
| Price / MA100: | +4.93% | |
| Price / MAexp7: | -0.81% | |
| Price / MAexp20: | -0.14% | |
| Price / MAexp50: | +1.81% | |
| Price / MAexp100: | +5.51% |
This member declared not having a position on this financial instrument or a related financial instrument.
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