CAIXABANK - Daily - Technical analysis published on 07/17/2023 (GMT)
- 193
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
56%
11%
33%
My opinion
Bullish above 3.663 EUR
My targets
3.862 EUR (+1.82%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CAIXABANK as long as the price remains well above 3.663 EUR. The buyers' bullish objective is set at 3.862 EUR. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
7.5
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:
Additional analysis
Quotes
The CAIXABANK rating is 3.793 EUR. On the day, this instrument lost -0.18% and was between 3.781 EUR and 3.842 EUR. This implies that the price is at +0.32% from its lowest and at -1.28% from its highest.3.781
3.842
3.793
The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.
Opening Gap DOWN
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. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 10 technical indicators on 18 studied are currently bullish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 3.344 | 3.488 | 3.663 | 3.793 | 3.862 |
| Change (%) | -11.84% | -8.04% | -3.43% | - | +1.82% |
| Change | -0.449 | -0.305 | -0.130 | - | +0.069 |
| Level | Minor | Major | Major | - | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.735 | 3.767 | 3.783 | 3.815 | 3.831 | 3.863 | 3.879 |
| Camarilla | 3.787 | 3.791 | 3.796 | 3.800 | 3.804 | 3.809 | 3.813 |
| Woodie | 3.728 | 3.763 | 3.776 | 3.811 | 3.824 | 3.859 | 3.872 |
| Fibonacci | 3.767 | 3.785 | 3.796 | 3.815 | 3.833 | 3.844 | 3.863 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.527 | 3.600 | 3.700 | 3.773 | 3.873 | 3.946 | 4.046 |
| Camarilla | 3.752 | 3.768 | 3.784 | 3.800 | 3.816 | 3.832 | 3.848 |
| Woodie | 3.541 | 3.607 | 3.714 | 3.780 | 3.887 | 3.953 | 4.060 |
| Fibonacci | 3.600 | 3.666 | 3.707 | 3.773 | 3.839 | 3.880 | 3.946 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.184 | 3.322 | 3.555 | 3.693 | 3.926 | 4.064 | 4.297 |
| Camarilla | 3.685 | 3.719 | 3.753 | 3.787 | 3.821 | 3.855 | 3.889 |
| Woodie | 3.231 | 3.346 | 3.602 | 3.717 | 3.973 | 4.088 | 4.344 |
| Fibonacci | 3.322 | 3.464 | 3.552 | 3.693 | 3.835 | 3.923 | 4.064 |
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): | 59.16 | |
| MACD (12,26,9): | 0.0470 | |
| Directional Movement: | 10.013 | |
| AROON (14): | 42.857 | |
| DEMA (21): | 3.799 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.666 | |
| Elder Ray (13): | 0.054 | |
| Super Trend (3,10): | 3.610 | |
| Zig ZAG (10): | 3.793 | |
| VORTEX (21): | 0.9870 | |
| Stochastique (14,3,5): | 80.97 | |
| TEMA (21): | 3.800 | |
| Williams %R (14): | -24.77 | |
| Chande Momentum Oscillator (20): | 0.011 | |
| Repulse (5,40,3): | -0.1310 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1900 | |
| Courbe Coppock: | 3.12 |
| MA7: | 3.771 | |
| MA20: | 3.739 | |
| MA50: | 3.608 | |
| MA100: | 3.558 | |
| MAexp7: | 3.779 | |
| MAexp20: | 3.735 | |
| MAexp50: | 3.651 | |
| MAexp100: | 3.578 | |
| Price / MA7: | +0.58% | |
| Price / MA20: | +1.44% | |
| Price / MA50: | +5.13% | |
| Price / MA100: | +6.60% | |
| Price / MAexp7: | +0.37% | |
| Price / MAexp20: | +1.55% | |
| Price / MAexp50: | +3.89% | |
| Price / MAexp100: | +6.01% |
Quotes :
-
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 ANNOUNCES RECURRING NET INCOME OF R$ 1.9 BILLION IN 1Q23.
- 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
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis CAIXABANK - Daily