SAFILO GROUP - 1H - Technical analysis published on 06/06/2023 (GMT)
- 144
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 1.270 EUR
My targets
1.325 EUR (+0.53%)
1.343 EUR (+1.90%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SAFILO GROUP as long as the price remains well above 1.270 EUR. The buyers' bullish objective is set at 1.325 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.343 EUR. If there is any crossing, the next objective would be the resistance located at 1.390 EUR.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.6
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
SAFILO GROUP rating 1.318 EUR. The price has increased by +4.77% since the last closing and was traded between 1.271 EUR and 1.360 EUR over the period. The price is currently at +3.70% from its lowest and -3.09% from its highest.1.271
1.360
1.318
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by SAFILO GROUP:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of SAFILO GROUP in 1H shows an overall bullish trend. The signals returned by the moving averages are 75.00% bullish. This bullish trend is reinforced 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:
Moving Average bullish crossovers : AMA50 & AMA100
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.203 | 1.231 | 1.270 | 1.318 | 1.325 | 1.343 | 1.390 |
| Change (%) | -8.73% | -6.60% | -3.64% | - | +0.53% | +1.90% | +5.46% |
| Change | -0.115 | -0.087 | -0.048 | - | +0.007 | +0.025 | +0.072 |
| Level | Minor | Major | Major | - | Major | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.205 | 1.217 | 1.237 | 1.249 | 1.269 | 1.281 | 1.301 |
| Camarilla | 1.249 | 1.252 | 1.255 | 1.258 | 1.261 | 1.264 | 1.267 |
| Woodie | 1.210 | 1.219 | 1.242 | 1.251 | 1.274 | 1.283 | 1.306 |
| Fibonacci | 1.217 | 1.229 | 1.236 | 1.249 | 1.261 | 1.268 | 1.281 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.095 | 1.135 | 1.179 | 1.219 | 1.263 | 1.303 | 1.347 |
| Camarilla | 1.199 | 1.207 | 1.214 | 1.222 | 1.230 | 1.237 | 1.245 |
| Woodie | 1.096 | 1.136 | 1.180 | 1.220 | 1.264 | 1.304 | 1.348 |
| Fibonacci | 1.135 | 1.167 | 1.187 | 1.219 | 1.251 | 1.271 | 1.303 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.908 | 1.045 | 1.115 | 1.252 | 1.322 | 1.459 | 1.529 |
| Camarilla | 1.127 | 1.146 | 1.165 | 1.184 | 1.203 | 1.222 | 1.241 |
| Woodie | 0.874 | 1.028 | 1.081 | 1.235 | 1.288 | 1.442 | 1.495 |
| Fibonacci | 1.045 | 1.124 | 1.173 | 1.252 | 1.331 | 1.380 | 1.459 |
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): | 75.79 | |
| MACD (12,26,9): | 0.0300 | |
| Directional Movement: | 34.455 | |
| AROON (14): | 85.714 | |
| DEMA (21): | 1.304 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.303 | |
| Elder Ray (13): | 0.039 | |
| Super Trend (3,10): | 1.296 | |
| Zig ZAG (10): | 1.324 | |
| VORTEX (21): | 1.3010 | |
| Stochastique (14,3,5): | 79.58 | |
| TEMA (21): | 1.329 | |
| Williams %R (14): | -25.76 | |
| Chande Momentum Oscillator (20): | 0.088 | |
| Repulse (5,40,3): | 1.5800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2460 | |
| Courbe Coppock: | 14.04 |
| MA7: | 1.230 | |
| MA20: | 1.298 | |
| MA50: | 1.332 | |
| MA100: | 1.374 | |
| MAexp7: | 1.309 | |
| MAexp20: | 1.270 | |
| MAexp50: | 1.247 | |
| MAexp100: | 1.258 | |
| Price / MA7: | +7.15% | |
| Price / MA20: | +1.54% | |
| Price / MA50: | -1.05% | |
| Price / MA100: | -4.08% | |
| Price / MAexp7: | +0.69% | |
| Price / MAexp20: | +3.78% | |
| Price / MAexp50: | +5.69% | |
| Price / MAexp100: | +4.77% |
Quotes :
-
15 min delayed data
-
Italy Stocks
News
The latest news and videos published on SAFILO GROUP at the time of the analysis were as follows:
-
Safilo Group
- Safilo and Interaxon Introduce SAFILOx Brain-sensing Eyewear Platform, Helping Consumers Find Their "Flow" through Beautiful Designer Frames
- SAFILO Partners With Interaxon
- Sunglass Specialty Retailer, Solstice Sunglasses, Shows Its Support Of The Special Olympics Opening Eyes Program
- Safilo Announces The New License Agreement For The rag & bone Eyewear Collections Until 2022
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis SAFILO GROUP - 1H