GREENTHESIS

Open:	-
Change:	-
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Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	GTH
ISIN:	IT0001042297

GREENTHESIS - Daily - Technical analysis published on 04/06/2023 (GMT)

Londinia

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Timeframe : Daily
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GREENTHESIS Chart

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bullish

Technical indicators

67%

28%

My opinion

Bullish above 0.919 EUR

My targets

0.969 EUR (+2.22%)

1.012 EUR (+6.75%)

My analysis

The strong short-term increase for GREENTHESIS reinforces the current slightly bullish trend. As long as the price remains above 0.919 EUR, you could take advantage of this bullish acceleration. The first bullish objective is located at 0.969 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.012 EUR as an objective. Crossing it would then enable buyers to target 1.185 EUR. A return to 0.919 EUR would be a sign of a possible correction of short-term bullish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.

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

4.1

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 Londinia.

Additional analysis

Quotes

The GREENTHESIS price is 0.948 EUR. The price has increased by +5.33% since the last closing and was between 0.948 EUR and 0.948 EUR. This implies that the price is at 0% from its lowest and at 0% from its highest.

0.948

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

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

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of GREENTHESIS indicates that the overall trend is slightly bullish. 53.57% of the signals given by moving averages are bullish. This slightly bullish trend could be reinforced by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish price crossover with Moving Average 20

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

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

In fact, 12 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near horizontal support

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.889	0.919	0.940	0.948	0.969	1.012	1.185
Change (%)	-6.22%	-3.06%	-0.84%	-	+2.22%	+6.75%	+25.00%
Change	-0.059	-0.029	-0.008	-	+0.021	+0.064	+0.237
Level	Major	Intermediate	Intermediate	-	Minor	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	0.875	0.885	0.893	0.903	0.911	0.921	0.929
Camarilla	0.895	0.897	0.898	0.900	0.902	0.903	0.905
Woodie	0.873	0.885	0.891	0.903	0.909	0.921	0.927
Fibonacci	0.885	0.892	0.897	0.903	0.910	0.915	0.921

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.815	0.846	0.874	0.905	0.933	0.964	0.992
Camarilla	0.886	0.891	0.897	0.902	0.907	0.913	0.918
Woodie	0.814	0.845	0.873	0.904	0.932	0.963	0.991
Fibonacci	0.846	0.869	0.883	0.905	0.928	0.942	0.964

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.707	0.789	0.845	0.927	0.983	1.065	1.121
Camarilla	0.864	0.877	0.889	0.902	0.915	0.927	0.940
Woodie	0.695	0.783	0.833	0.921	0.971	1.059	1.109
Fibonacci	0.789	0.841	0.874	0.927	0.979	1.012	1.065

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):	59.62
MACD (12,26,9):	-0.0040
Directional Movement:	3.048
AROON (14):	21.429
DEMA (21):	0.908
Parabolic SAR (0,02-0,02-0,2):	0.948
Elder Ray (13):	0.035
Super Trend (3,10):	0.976
Zig ZAG (10):	0.948
VORTEX (21):	0.9220
Stochastique (14,3,5):	69.17
TEMA (21):	0.911
Williams %R (14):	0.00
Chande Momentum Oscillator (20):	0.058
Repulse (5,40,3):	2.3310
ROCnROLL:	1
TRIX (15,9):	-0.1210
Courbe Coppock:	2.75

MA7:	0.912
MA20:	0.915
MA50:	0.932
MA100:	0.945
MAexp7:	0.915
MAexp20:	0.915
MAexp50:	0.926
MAexp100:	0.929
Price / MA7:	+3.95%
Price / MA20:	+3.61%
Price / MA50:	+1.72%
Price / MA100:	+0.32%
Price / MAexp7:	+3.61%
Price / MAexp20:	+3.61%
Price / MAexp50:	+2.38%
Price / MAexp100:	+2.05%

Quotes : - 15 min delayed data - Italy Stocks

News

Don't forget to follow the news on GREENTHESIS. 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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