MARR - Daily - Technical analysis published on 11/15/2019 (GMT)
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- Timeframe : Daily
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- Status : NEUTRAL
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Slightly bearish
Technical indicators
83%
0%
17%
My opinion
Neutral between 19.18 EUR and 19.71 EUR
My targets
-
My analysis
The short-term increase on MARR remains moderate but could challenge the slightly bearish basic trend. It is difficult to advise a trading direction under these conditions. The first resistance is located at 19.71 EUR. The first support is located at 19.18 EUR. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.
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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 MARR price is 19.60 EUR. The price registered a decrease of -0.41% on the session and was between 19.54 EUR and 19.80 EUR. This implies that the price is at +0.31% from its lowest and at -1.01% from its highest.19.54
19.80
19.60
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 MARR:
Technical
Technical analysis of MARR in Daily shows an overall slightly bearish trend. 60.71% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently given by short-term moving averages could cause a reversal of the trend. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 15 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
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 resistance of channel
Type : Bearish
Timeframe : Daily
Horizontal resistance is broken
Type : Bullish
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 | 18.30 | 18.66 | 19.18 | 19.60 | 19.71 | 20.25 | 21.35 |
| Change (%) | -6.63% | -4.80% | -2.14% | - | +0.56% | +3.32% | +8.93% |
| Change | -1.30 | -0.94 | -0.42 | - | +0.11 | +0.65 | +1.75 |
| Level | Major | Major | Major | - | Minor | Intermediate | Intermediate |
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 | 18.84 | 19.06 | 19.36 | 19.58 | 19.88 | 20.10 | 20.40 |
| Camarilla | 19.52 | 19.57 | 19.61 | 19.66 | 19.71 | 19.76 | 19.80 |
| Woodie | 18.88 | 19.08 | 19.40 | 19.60 | 19.92 | 20.12 | 20.44 |
| Fibonacci | 19.06 | 19.26 | 19.38 | 19.58 | 19.78 | 19.90 | 20.10 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18.16 | 18.44 | 18.62 | 18.90 | 19.08 | 19.36 | 19.54 |
| Camarilla | 18.67 | 18.72 | 18.76 | 18.80 | 18.84 | 18.88 | 18.93 |
| Woodie | 18.11 | 18.42 | 18.57 | 18.88 | 19.03 | 19.34 | 19.49 |
| Fibonacci | 18.44 | 18.62 | 18.72 | 18.90 | 19.08 | 19.18 | 19.36 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 16.65 | 17.65 | 18.24 | 19.24 | 19.83 | 20.83 | 21.42 |
| Camarilla | 18.38 | 18.53 | 18.67 | 18.82 | 18.97 | 19.11 | 19.26 |
| Woodie | 16.44 | 17.55 | 18.03 | 19.14 | 19.62 | 20.73 | 21.21 |
| Fibonacci | 17.65 | 18.26 | 18.64 | 19.24 | 19.85 | 20.23 | 20.83 |
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): | 57.56 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 8.61 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 19.26 | |
| Parabolic SAR (0,02-0,02-0,2): | 18.98 | |
| Elder Ray (13): | 0.24 | |
| Super Trend (3,10): | 19.89 | |
| Zig ZAG (10): | 19.68 | |
| VORTEX (21): | 0.9100 | |
| Stochastique (14,3,5): | 89.69 | |
| TEMA (21): | 19.40 | |
| Williams %R (14): | -11.11 | |
| Chande Momentum Oscillator (20): | 0.74 | |
| Repulse (5,40,3): | 2.8000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.1100 | |
| Courbe Coppock: | 4.70 |
| MA7: | 19.45 | |
| MA20: | 19.11 | |
| MA50: | 19.73 | |
| MA100: | 19.74 | |
| MAexp7: | 19.47 | |
| MAexp20: | 19.33 | |
| MAexp50: | 19.50 | |
| MAexp100: | 19.74 | |
| Price / MA7: | +0.77% | |
| Price / MA20: | +2.56% | |
| Price / MA50: | -0.66% | |
| Price / MA100: | -0.71% | |
| Price / MAexp7: | +0.67% | |
| Price / MAexp20: | +1.40% | |
| Price / MAexp50: | +0.51% | |
| Price / MAexp100: | -0.71% |
This member declared not having a position on this financial instrument or a related financial instrument.
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