TAMBURI

- EUR (-)

- 15 min delayed data - Italy Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	TIP
ISIN:	IT0003153621

TAMBURI - Daily - Technical analysis published on 01/30/2020 (GMT)

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Timeframe : Daily
- Analysis generated on
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Summary of the analysis

Trends

Court terme: Bullish

De fond: Strongly bullish

Technical indicators

17%

28%

56%

My opinion

Bullish above 6.69 EUR

My targets

7.33 EUR (+4.56%)

My analysis

The basic bullish trend is very strong on TAMBURI but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 6.69 EUR. Crossing the first resistance at 7.33 EUR would be a sign of a potential new surge in the price. Caution, a return to below 6.69 EUR would be a sign of a consolidation phase in the short-term basic trend. 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.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

FORCE

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

TAMBURI rating 7.01 EUR. The price registered a decrease of +0.57% on the session and was traded between 6.97 EUR and 7.03 EUR over the period. The price is currently at +0.57% from its lowest and -0.28% from its highest.

6.97

7.03

7.01

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

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:

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of TAMBURI in Daily shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. An assessment of moving averages reveals several bearish signals that could impact this trend:

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : Daily

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : Daily

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

RSI indicator is back under 50

Type : Bearish

Timeframe : Daily

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : Daily

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Daily

SuperTrend indicator bearish reversal

Type : Bearish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily

Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Support of channel is broken

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	6.35	6.55	6.69	7.01	7.33
Change (%)	-9.42%	-6.56%	-4.56%	-	+4.56%
Change	-0.66	-0.46	-0.32	-	+0.32
Level	Major	Minor	Major	-	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.39	6.59	6.70	6.90	7.01	7.21	7.32
Camarilla	6.74	6.76	6.79	6.82	6.85	6.88	6.91
Woodie	6.36	6.57	6.67	6.88	6.98	7.19	7.29
Fibonacci	6.59	6.71	6.78	6.90	7.02	7.09	7.21

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.82	6.88	7.02	7.08	7.22	7.28	7.42
Camarilla	7.10	7.11	7.13	7.15	7.17	7.19	7.21
Woodie	6.85	6.90	7.05	7.10	7.25	7.30	7.45
Fibonacci	6.88	6.96	7.01	7.08	7.16	7.21	7.28

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.31	6.51	6.66	6.86	7.01	7.21	7.36
Camarilla	6.72	6.76	6.79	6.82	6.85	6.88	6.92
Woodie	6.30	6.50	6.65	6.85	7.00	7.20	7.35
Fibonacci	6.51	6.64	6.72	6.86	6.99	7.07	7.21

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):	50.03
MACD (12,26,9):	0.0500
Directional Movement:	-6.92
AROON (14):	64.29
DEMA (21):	7.07
Parabolic SAR (0,02-0,02-0,2):	7.35
Elder Ray (13):	-0.15
Super Trend (3,10):	7.31
Zig ZAG (10):	6.97
VORTEX (21):	0.9300
Stochastique (14,3,5):	33.70
TEMA (21):	7.05
Williams %R (14):	-66.10
Chande Momentum Oscillator (20):	0.01
Repulse (5,40,3):	-0.3700
ROCnROLL:	-1
TRIX (15,9):	0.1400
Courbe Coppock:	5.10

MA7:	7.08
MA20:	6.99
MA50:	6.88
MA100:	6.55
MAexp7:	7.02
MAexp20:	7.00
MAexp50:	6.86
MAexp100:	6.63
Price / MA7:	-0.99%
Price / MA20:	+0.29%
Price / MA50:	+1.89%
Price / MA100:	+7.02%
Price / MAexp7:	-0.14%
Price / MAexp20:	+0.14%
Price / MAexp50:	+2.19%
Price / MAexp100:	+5.73%

News

The last news published on TAMBURI at the time of the generation of this analysis was as follows:

Tamburi Investment Prtnrs

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

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