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 11/25/2019 (GMT)

256
0
Who voted?
1

Londinia

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!

Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Court terme: Bearish

De fond: Slightly bearish

Technical indicators

17%

44%

39%

My opinion

Bearish under 2.470 EUR

My targets

2.348 EUR (-0.42%)

2.181 EUR (-7.51%)

My analysis

The bearish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade MAIRE TECNIMONT with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 2.470 EUR. The next bearish objective for sellers is set at 2.348 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 2.181 EUR. In case of crossing, the next objective would be the support located at 2.012 EUR. In the event of a bullish break in the resistance located at 2.470 EUR a certain indecision would take hold.

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

3.4

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The MAIRE TECNIMONT rating is 2.358 EUR. The price registered a decrease of -0.25% on the session with the lowest point at 2.354 EUR and the highest point at 2.396 EUR. The deviation from the price is +0.17% for the low point and -1.59% for the high point.

2.354

2.396

2.358

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

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by MAIRE TECNIMONT:

The Central Records scanner for higher/lower results shows an item:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of MAIRE TECNIMONT in Daily shows an overall slightly bearish trend. Only 60.71% of the signals given by moving averages are bearish. This slightly bearish trend is not supported by the signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Moving Average bullish crossovers : MA50 & MA100

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

In fact, only 8 technical indicators out of 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator: bullish divergence

Type : Bullish

Timeframe : Daily

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

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Near resistance of channel

Type : Bearish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2.012	2.181	2.348	2.358	2.470	2.979	3.312
Change (%)	-14.67%	-7.51%	-0.42%	-	+4.75%	+26.34%	+40.46%
Change	-0.346	-0.177	-0.010	-	+0.112	+0.621	+0.954
Level	Minor	Intermediate	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
Standard	2.277	2.305	2.343	2.371	2.409	2.437	2.475
Camarilla	2.362	2.368	2.374	2.380	2.386	2.392	2.398
Woodie	2.281	2.308	2.347	2.374	2.413	2.440	2.479
Fibonacci	2.305	2.331	2.346	2.371	2.397	2.412	2.437

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.241	2.309	2.353	2.421	2.465	2.533	2.577
Camarilla	2.365	2.376	2.386	2.396	2.406	2.417	2.427
Woodie	2.228	2.303	2.340	2.415	2.452	2.527	2.564
Fibonacci	2.309	2.352	2.379	2.421	2.464	2.491	2.533

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.694	1.922	2.134	2.362	2.574	2.802	3.014
Camarilla	2.225	2.265	2.306	2.346	2.386	2.427	2.467
Woodie	1.686	1.918	2.126	2.358	2.566	2.798	3.006
Fibonacci	1.922	2.090	2.194	2.362	2.530	2.634	2.802

Numerical data

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

Technical indicators

Moving averages

RSI (14):	47.66
MACD (12,26,9):	0.0050
Directional Movement:	-0.062
AROON (14):	-42.857
DEMA (21):	2.392
Parabolic SAR (0,02-0,02-0,2):	2.502
Elder Ray (13):	-0.010
Super Trend (3,10):	2.241
Zig ZAG (10):	2.354
VORTEX (21):	0.9340
Stochastique (14,3,5):	23.14
TEMA (21):	2.378
Williams %R (14):	-80.00
Chande Momentum Oscillator (20):	-0.092
Repulse (5,40,3):	-2.6660
ROCnROLL:	2
TRIX (15,9):	0.1140
Courbe Coppock:	2.91

MA7:	2.367
MA20:	2.396
MA50:	2.347
MA100:	2.341
MAexp7:	2.371
MAexp20:	2.379
MAexp50:	2.363
MAexp100:	2.433
Price / MA7:	-0.38%
Price / MA20:	-1.59%
Price / MA50:	+0.47%
Price / MA100:	+0.73%
Price / MAexp7:	-0.55%
Price / MAexp20:	-0.88%
Price / MAexp50:	-0.21%
Price / MAexp100:	-3.08%

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.

About author

Londinia AI

Online

Overall rating :

15404

Number of analyses :

87552

Followers :

I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…