SOFTLAB

- EUR (-)

- 15 min delayed data - Italy Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	SFT
ISIN:	IT0001469953

SOFTLAB - Daily - Technical analysis published on 12/03/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bearish

Underlying: Strongly bearish

Technical indicators

61%

11%

28%

My opinion

Bearish under 0.835 EUR

My targets

0.750 EUR (-7.41%)

My analysis

The bearish basic trend is very strong on SOFTLAB but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 0.835 EUR. Crossing the first support at 0.750 EUR would be a sign of a further potential price plummet. Caution, a return to above the resistance located at 0.835 EUR would be a sign of a possible consolidation phase of 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 in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.

Force

3.4

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.

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Additional analysis

Quotes

The SOFTLAB price is 0.810 EUR. On the day, this instrument gained +7.29% with the lowest point at 0.775 EUR and the highest point at 0.810 EUR. The deviation from the price is +4.52% for the low point and 0% for the high point.

0.775

0.810

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

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

New LOW record (5 years)

Type : Bearish

Timeframe : Weekly

New LOW record (1 year)

Type : Bearish

Timeframe : Weekly

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of SOFTLAB indicates that the overall trend is strongly bearish. 85.71% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The probability of a further increase are moderate given the direction of the technical indicators.
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:

Near horizontal support

Type : Bullish

Timeframe : Daily

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

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	0.750	0.810	0.835	1.001	1.221
Change (%)	-7.41%	-	+3.09%	+23.58%	+50.74%
Change	-0.060	-	+0.025	+0.191	+0.411
Level	Intermediate	-	Minor	Major	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.697	0.708	0.732	0.743	0.767	0.778	0.802
Camarilla	0.745	0.749	0.752	0.755	0.758	0.761	0.765
Woodie	0.703	0.711	0.738	0.746	0.773	0.781	0.808
Fibonacci	0.708	0.722	0.730	0.743	0.757	0.765	0.778

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.607	0.663	0.707	0.763	0.807	0.863	0.907
Camarilla	0.723	0.732	0.741	0.750	0.759	0.768	0.778
Woodie	0.600	0.660	0.700	0.760	0.800	0.860	0.900
Fibonacci	0.663	0.702	0.725	0.763	0.802	0.825	0.863

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.373	0.547	0.648	0.822	0.923	1.097	1.198
Camarilla	0.674	0.700	0.725	0.750	0.775	0.800	0.826
Woodie	0.338	0.529	0.613	0.804	0.888	1.079	1.163
Fibonacci	0.547	0.652	0.717	0.822	0.927	0.992	1.097

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):	42.92
MACD (12,26,9):	-0.0460
Directional Movement:	-12.603
AROON (14):	-21.429
DEMA (21):	0.756
Parabolic SAR (0,02-0,02-0,2):	0.816
Elder Ray (13):	0.003
Super Trend (3,10):	0.909
Zig ZAG (10):	0.800
VORTEX (21):	0.7500
Stochastique (14,3,5):	40.28
TEMA (21):	0.753
Williams %R (14):	-33.33
Chande Momentum Oscillator (20):	0.015
Repulse (5,40,3):	0.9270
ROCnROLL:	-1
TRIX (15,9):	-0.8440
Courbe Coppock:	9.19

MA7:	0.784
MA20:	0.800
MA50:	0.931
MA100:	1.028
MAexp7:	0.783
MAexp20:	0.820
MAexp50:	0.907
MAexp100:	1.008
Price / MA7:	+3.32%
Price / MA20:	+1.25%
Price / MA50:	-13.00%
Price / MA100:	-21.21%
Price / MAexp7:	+3.45%
Price / MAexp20:	-1.22%
Price / MAexp50:	-10.69%
Price / MAexp100:	-19.64%

Quotes : - 15 min delayed data - Italy Stocks

News

Don't forget to follow the news on SOFTLAB. 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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