CAIXABANK - Daily - Technical analysis published on 01/30/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 3.842 EUR
My targets
4.287 EUR (+6.32%)
My analysis
The bullish trend is currently very strong on CAIXABANK. As long as the price remains above the support at 3.842 EUR, you could try to benefit from the boom. The first bullish objective is located at 4.287 EUR. The bullish momentum would be boosted by a break in this resistance. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CAIXABANK price is 4.032 EUR. The price registered a decrease of -0.12% on the session with the lowest point at 3.995 EUR and the highest point at 4.061 EUR. The deviation from the price is +0.93% for the low point and -0.71% for the high point.3.995
4.061
4.032
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
Here is a more detailed summary of the historical variations registered by CAIXABANK:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of CAIXABANK in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a moderate bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near resistance of channel
Type : Bearish
Timeframe : Daily
Near horizontal support
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 3.579 | 3.729 | 3.842 | 4.032 |
| Change (%) | -11.24% | -7.51% | -4.71% | - |
| Change | -0.453 | -0.303 | -0.190 | - |
| Level | Major | Major | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 3.924 | 3.955 | 3.996 | 4.027 | 4.068 | 4.099 | 4.140 |
| Camarilla | 4.017 | 4.024 | 4.030 | 4.037 | 4.044 | 4.050 | 4.057 |
| Woodie | 3.929 | 3.958 | 4.001 | 4.030 | 4.073 | 4.102 | 4.145 |
| Fibonacci | 3.955 | 3.983 | 4.000 | 4.027 | 4.055 | 4.072 | 4.099 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.813 | 3.869 | 3.953 | 4.009 | 4.093 | 4.149 | 4.233 |
| Camarilla | 3.999 | 4.011 | 4.024 | 4.037 | 4.050 | 4.063 | 4.076 |
| Woodie | 3.827 | 3.876 | 3.967 | 4.016 | 4.107 | 4.156 | 4.247 |
| Fibonacci | 3.869 | 3.923 | 3.956 | 4.009 | 4.063 | 4.096 | 4.149 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.928 | 3.090 | 3.381 | 3.543 | 3.834 | 3.996 | 4.287 |
| Camarilla | 3.547 | 3.589 | 3.631 | 3.672 | 3.714 | 3.755 | 3.797 |
| Woodie | 2.993 | 3.122 | 3.446 | 3.575 | 3.899 | 4.028 | 4.352 |
| Fibonacci | 3.090 | 3.263 | 3.370 | 3.543 | 3.716 | 3.823 | 3.996 |
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): | 68.87 | |
| MACD (12,26,9): | 0.1010 | |
| Directional Movement: | 18.352 | |
| AROON (14): | 35.714 | |
| DEMA (21): | 4.024 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.826 | |
| Elder Ray (13): | 0.088 | |
| Super Trend (3,10): | 3.773 | |
| Zig ZAG (10): | 4.037 | |
| VORTEX (21): | 1.1540 | |
| Stochastique (14,3,5): | 83.64 | |
| TEMA (21): | 4.038 | |
| Williams %R (14): | -11.81 | |
| Chande Momentum Oscillator (20): | 0.158 | |
| Repulse (5,40,3): | 0.9310 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.4000 | |
| Courbe Coppock: | 6.78 |
| MA7: | 3.985 | |
| MA20: | 3.908 | |
| MA50: | 3.666 | |
| MA100: | 3.528 | |
| MAexp7: | 3.983 | |
| MAexp20: | 3.888 | |
| MAexp50: | 3.715 | |
| MAexp100: | 3.547 | |
| Price / MA7: | +1.18% | |
| Price / MA20: | +3.17% | |
| Price / MA50: | +9.98% | |
| Price / MA100: | +14.29% | |
| Price / MAexp7: | +1.23% | |
| Price / MAexp20: | +3.70% | |
| Price / MAexp50: | +8.53% | |
| Price / MAexp100: | +13.67% |
Quotes :
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15 min delayed data
-
Spain Stocks
News
The last news published on CAIXABANK at the time of the generation of this analysis was as follows:
- CAIXA's Net Income reached R$14.1 billion in 9M21, up by 87.4% over 9M20, and R$ 3.2 billion in 3Q21, up by 69.7% over 3Q20
- CaixaBank, together with fraud prevention start-up Revelock, is developing an artificial intelligence solution to reinforce digital security
- CaixaBank boosts digital capabilities with IBM Cloud for Financial Services; Onboards to New IBM Cloud Multizone Region in Spain
- CAIXA's Net Income reached R$10.8 billion in 1H21, the highest 1H and the highest 2Q of the entire historical series, with R$6.3 billion in 2Q21, up by 144.7% over 2Q20
- FLEETCOR® Signs Joint Venture Agreement With CAIXA, Brazil’s Largest Bank, to Distribute Its Electronic Payment Solutions
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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