RISANAMENTO
RISANAMENTO
- EUR (-)
- 15 min delayed data - Italy Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: RN
ISIN: IT0001402269

RISANAMENTO - Weekly - Technical analysis published on 02/28/2023 (GMT)

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  • Timeframe : Weekly
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 0.1210 EUR
My targets
0.1032 EUR (-9.79%)
0.0970 EUR (-15.21%)
My analysis
RISANAMENTO is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.1210 EUR. The next support located at 0.1032 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.0970 EUR. Below this support, sellers could then target 0.0681 EUR.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
4.8

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 smich71. Take part yourself by sharing additional analysis on another time unit:
1H Daily

Additional analysis

Quotes

The RISANAMENTO rating is 0.1144 EUR. The price is up +11.50% over 5 days and has been traded over the last 5 days between 0.1044 EUR and 0.1150 EUR. This implies that the 5 day price is +9.58% from its lowest point and -0.52% from its highest point.

0.1044
0.1150
0.1144

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

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by RISANAMENTO:
The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 5 days

Technical


A technical analysis in Weekly of this RISANAMENTO chart shows a bearish trend. 71.43% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:

Central Indicators

Moving Average bearish crossovers : MA20 & MA50

Type : Bearish

Timeframe : Weekly


Moving Average bearish crossovers : AMA20 & AMA50

Type : Bearish

Timeframe : Weekly



The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Weekly

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Weekly


Near support of channel

Type : Bullish

Timeframe : Weekly



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.0681 0.0970 0.1110 0.1144 0.1341 0.1494 0.1850
Change (%) -40.47% -15.21% -2.97% - +17.22% +30.59% +61.71%
Change -0.0463 -0.0174 -0.0034 - +0.0197 +0.0350 +0.0706
Level Minor Major Major - Major Minor Intermediate



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
Standard0.09920.10260.10720.11060.11520.11860.1232
Camarilla0.10960.11030.11110.11180.11250.11330.1140
Woodie0.09980.10290.10780.11090.11580.11890.1238
Fibonacci0.10260.10570.10750.11060.11370.11550.1186


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.07440.08550.09530.10640.11620.12730.1371
Camarilla0.09930.10120.10310.10500.10690.10880.1108
Woodie0.07370.08520.09460.10610.11550.12700.1364
Fibonacci0.08550.09350.09850.10640.11440.11940.1273


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.09420.10320.11200.12100.12980.13880.1476
Camarilla0.11590.11750.11920.12080.12240.12410.1257
Woodie0.09410.10320.11190.12100.12970.13880.1475
Fibonacci0.10320.11000.11420.12100.12780.13200.1388

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): 42.94
MACD (12,26,9): -0.0028
Directional Movement: -11.3269
AROON (14): -35.7142
DEMA (21): 0.1130
Parabolic SAR (0,02-0,02-0,2): 0.1293
Elder Ray (13): -0.0044
Super Trend (3,10): 0.1335
Zig ZAG (10): 0.1104
VORTEX (21): 0.9745
Stochastique (14,3,5): 23.56
TEMA (21): 0.1109
Williams %R (14): -58.86
Chande Momentum Oscillator (20): -0.0086
Repulse (5,40,3): -6.9126
ROCnROLL: 2
TRIX (15,9): -0.1603
Courbe Coppock: 14.09
MA7: 0.1077
MA20: 0.1114
MA50: 0.1162
MA100: 0.1195
MAexp7: 0.1119
MAexp20: 0.1160
MAexp50: 0.1179
MAexp100: 0.1113
Price / MA7: +6.22%
Price / MA20: +2.69%
Price / MA50: -1.55%
Price / MA100: -4.27%
Price / MAexp7: +2.23%
Price / MAexp20: -1.38%
Price / MAexp50: -2.97%
Price / MAexp100: +2.79%

Quotes : - 15 min delayed data - Italy Stocks

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

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