ESPRINET
ESPRINET
- EUR (-)
- 15 min delayed data - Italy Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: PRT
ISIN: IT0003850929

ESPRINET - Daily - Technical analysis published on 09/13/2024 (GMT)

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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
78%
6%
17%
My opinion
Bullish above 5.216 EUR
My targets
5.720 EUR (+3.81%)
6.781 EUR (+23.07%)
My analysis
ESPRINET is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 5.216 EUR. The next resistance located at 5.720 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 6.781 EUR. After this resistance, buyers could then target 7.674 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8

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:
15 min. 1H Weekly

Additional analysis

Quotes

The ESPRINET price is 5.510 EUR. The price has increased by +5.15% since the last closing and was between 5.280 EUR and 5.515 EUR. This implies that the price is at +4.36% from its lowest and at -0.09% from its highest.

5.280
5.515
5.510

Here is a more detailed summary of the historical variations registered by ESPRINET:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of ESPRINET indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : Daily


Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily


Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : Daily



In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

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:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : Daily



For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Central Candlesticks

Upside gap

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 5.075 5.216 5.443 5.510 5.720 7.674 9.240
Change (%) -7.89% -5.34% -1.22% - +3.81% +39.27% +67.70%
Change -0.435 -0.294 -0.067 - +0.210 +2.164 +3.730
Level Intermediate Major Intermediate - Intermediate Intermediate Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.8174.9135.0775.1735.3375.4335.597
Camarilla5.1695.1925.2165.2405.2645.2885.312
Woodie4.8504.9305.1105.1905.3705.4505.630
Fibonacci4.9135.0135.0745.1735.2735.3345.433


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.8054.9455.0305.1705.2555.3955.480
Camarilla5.0535.0745.0945.1155.1365.1565.177
Woodie4.7784.9315.0035.1565.2285.3815.453
Fibonacci4.9455.0315.0845.1705.2565.3095.395


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.4303.8494.5474.9665.6646.0836.781
Camarilla4.9385.0405.1435.2455.3475.4505.552
Woodie3.5703.9194.6875.0365.8046.1536.921
Fibonacci3.8494.2764.5394.9665.3935.6566.083

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): 66.68
MACD (12,26,9): 0.0660
Directional Movement: 13.077
AROON (14): 14.286
DEMA (21): 5.238
Parabolic SAR (0,02-0,02-0,2): 4.948
Elder Ray (13): 0.188
Super Trend (3,10): 4.962
Zig ZAG (10): 5.435
VORTEX (21): 1.1690
Stochastique (14,3,5): 60.77
TEMA (21): 5.273
Williams %R (14): -6.71
Chande Momentum Oscillator (20): 0.155
Repulse (5,40,3): 6.0470
ROCnROLL: 1
TRIX (15,9): 0.2040
Courbe Coppock: 0.31
MA7: 5.171
MA20: 5.197
MA50: 5.025
MA100: 5.029
MAexp7: 5.222
MAexp20: 5.151
MAexp50: 5.076
MAexp100: 5.055
Price / MA7: +6.56%
Price / MA20: +6.02%
Price / MA50: +9.65%
Price / MA100: +9.56%
Price / MAexp7: +5.52%
Price / MAexp20: +6.97%
Price / MAexp50: +8.55%
Price / MAexp100: +9.00%

Quotes : - 15 min delayed data - Italy Stocks

News


Don't forget to follow the news on ESPRINET. At the time of publication of this analysis, the latest news was as follows:

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

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