MAIRE

- EUR (-)

- 15 min delayed data - Italy Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	MAIRE
ISIN:	IT0004931058

MAIRE - Daily - Technical analysis published on 10/05/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

61%

22%

17%

My opinion

Bullish above 3.753 EUR

My targets

3.969 EUR (+2.14%)

4.331 EUR (+11.45%)

My analysis

The bullish trend is currently very strong on MAIRE TECNIMONT. As long as the price remains above the support at 3.753 EUR, you could try to benefit from the boom. The first bullish objective is located at 3.969 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 4.331 EUR as an objective. Crossing it would then enable buyers to target 6.411 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.

Force

7.3

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

MAIRE TECNIMONT rating 3.886 EUR. The price registered an increase of +5.03% on the session with the lowest point at 3.842 EUR and the highest point at 4.120 EUR. The deviation from the price is +1.15% for the low point and -5.68% for the high point.

3.842

4.120

3.886

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

Opening Gap UP

Type : Bullish

Timeframe : Openning

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

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 5 days

Technical

Technical analysis of MAIRE TECNIMONT in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

In fact, of the 18 technical indicators analysed by Central Analyzer, 11 are bullish, 3 are neutral and 4 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

Aroon indicator bullish trend

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

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:

Near resistance of channel

Type : Bearish

Timeframe : Daily

Horizontal resistance is broken

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	3.510	3.640	3.753	3.886	3.969	4.331	6.411
Change (%)	-9.68%	-6.33%	-3.42%	-	+2.14%	+11.45%	+64.98%
Change	-0.376	-0.246	-0.133	-	+0.083	+0.445	+2.525
Level	Intermediate	Major	Major	-	Intermediate	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
Standard	3.444	3.500	3.600	3.656	3.756	3.812	3.912
Camarilla	3.657	3.671	3.686	3.700	3.714	3.729	3.743
Woodie	3.466	3.511	3.622	3.667	3.778	3.823	3.934
Fibonacci	3.500	3.560	3.596	3.656	3.716	3.752	3.812

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3.331	3.477	3.685	3.831	4.039	4.185	4.393
Camarilla	3.795	3.827	3.860	3.892	3.925	3.957	3.989
Woodie	3.361	3.493	3.715	3.847	4.069	4.201	4.423
Fibonacci	3.477	3.613	3.696	3.831	3.967	4.050	4.185

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3.227	3.395	3.643	3.811	4.059	4.227	4.475
Camarilla	3.778	3.816	3.854	3.892	3.930	3.968	4.006
Woodie	3.268	3.415	3.684	3.831	4.100	4.247	4.516
Fibonacci	3.395	3.554	3.652	3.811	3.970	4.068	4.227

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	57.98
MACD (12,26,9):	0.0290
Directional Movement:	16.724
AROON (14):	7.143
DEMA (21):	3.782
Parabolic SAR (0,02-0,02-0,2):	3.556
Elder Ray (13):	0.223
Super Trend (3,10):	3.609
Zig ZAG (10):	3.884
VORTEX (21):	0.9960
Stochastique (14,3,5):	37.01
TEMA (21):	3.787
Williams %R (14):	-41.84
Chande Momentum Oscillator (20):	0.094
Repulse (5,40,3):	-7.6040
ROCnROLL:	1
TRIX (15,9):	0.1140
Courbe Coppock:	1.18

MA7:	3.783
MA20:	3.755
MA50:	3.680
MA100:	3.584
MAexp7:	3.774
MAexp20:	3.743
MAexp50:	3.691
MAexp100:	3.629
Price / MA7:	+2.72%
Price / MA20:	+3.49%
Price / MA50:	+5.60%
Price / MA100:	+8.43%
Price / MAexp7:	+2.97%
Price / MAexp20:	+3.82%
Price / MAexp50:	+5.28%
Price / MAexp100:	+7.08%

Quotes : - 15 min delayed data - Italy Stocks

News

The latest news and videos published on MAIRE TECNIMONT at the time of the analysis were as follows:

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

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