PIAGGIO
PIAGGIO
19,281.40 EUR (-2.61%)
03/28/2025 - 19:59 Closed 15 min delayed data - Italy Stocks
Open: 19,718.46
Change: -517.22
Volume: 8,937,719
Low: 19,241.54
High: 19,752.45
High / Low range: 510.91
Type: Stocks
Ticker: PIA
ISIN: IT0003073266

PIAGGIO - Daily - Technical analysis published on 01/02/2020 (GMT)

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  • 01/02/2020 - 09:58
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  • Timeframe : Daily
  • - Analysis generated on 01/02/2020 - 09:58
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Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Slightly bearish
Technical indicators
17%
50%
33%
My opinion
Bearish under 2.830 EUR
My targets
2.663 EUR (-3.09%)
2.399 EUR (-12.70%)
My analysis
PIAGGIO is currently trying to strengthen its basic trend with a very bearish short term. As long as the price remains below 2.830 EUR, traders may consider taking advantage of this bearish acceleration and setting themselves to trade only in short positions (for sale). Sellers will encounter the support at 2.663 EUR. A bearish break in this support would confirm a continuation of the bearish acceleration. The next support located at 2.399 EUR would then be the next bearish objective for sellers. Crossing it would then enable sellers to target 2.313 EUR. Beware of a possible return to above the resistance located at 2.830 EUR which would be a sign of a correction of the short-term bearish excesses registered.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
FORCE
0
10
3.9

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The PIAGGIO rating is 2.748 EUR. The price is lower by -0.36% since the last closing and was traded between 2.740 EUR and 2.794 EUR over the period. The price is currently at +0.29% from its lowest and -1.65% from its highest.

2.740
2.794
2.748

A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by PIAGGIO:
Created with Raphaël 2.3.0-22.5022.54567.5903 years1 year6 months1 month5 daysToday
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of PIAGGIO in Daily shows an overall slightly bearish trend. 60.71% of the signals given by moving averages are bearish. This slightly bearish trend could be reinforced by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, only 9 technical indicators out of 18 studied are currently bearish. The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : Daily


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
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2.399 2.663 2.744 2.748 2.830 2.993 3.090
Change (%) -12.70% -3.09% -0.15% - +2.98% +8.92% +12.45%
Change -0.349 -0.085 -0.004 - +0.082 +0.245 +0.342
Level Intermediate Major Major - Major Major 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
Standard2.6952.7392.7632.8072.8312.8752.899
Camarilla2.7672.7742.7802.7862.7922.7992.805
Woodie2.6842.7342.7522.8022.8202.8702.888
Fibonacci2.7392.7652.7812.8072.8332.8492.875


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.6052.6652.7392.7992.8732.9333.007
Camarilla2.7752.7872.8002.8122.8242.8372.849
Woodie2.6112.6692.7452.8032.8792.9373.013
Fibonacci2.6652.7172.7482.7992.8512.8822.933


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.4182.6142.7722.9683.1263.3223.480
Camarilla2.8332.8652.8982.9302.9632.9953.027
Woodie2.3992.6052.7532.9593.1073.3133.461
Fibonacci2.6142.7492.8332.9683.1033.1873.322

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Created with Raphaël 2.3.0Sell9
Moving averages
Created with Raphaël 2.3.0Sell17

RSI (14): 41.24
MACD (12,26,9): -0.0230
Directional Movement: -4.141
AROON (14): -64.286
DEMA (21): 2.791
Parabolic SAR (0,02-0,02-0,2): 2.734
Elder Ray (13): -0.027
Super Trend (3,10): 2.986
Zig ZAG (10): 2.758
VORTEX (21): 0.9110
Stochastique (14,3,5): 32.07
TEMA (21): 2.761
Williams %R (14): -78.08
Chande Momentum Oscillator (20): -0.058
Repulse (5,40,3): -1.9490
ROCnROLL: 2
TRIX (15,9): -0.0970
Courbe Coppock: 5.67
MA7: 2.784
MA20: 2.828
MA50: 2.849
MA100: 2.781
MAexp7: 2.788
MAexp20: 2.817
MAexp50: 2.820
MAexp100: 2.766
Price / MA7: -1.29%
Price / MA20: -2.83%
Price / MA50: -3.55%
Price / MA100: -1.19%
Price / MAexp7: -1.43%
Price / MAexp20: -2.45%
Price / MAexp50: -2.55%
Price / MAexp100: -0.65%

News


The last news published on PIAGGIO 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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