CAIXABANK - 1H - Technical analysis published on 11/20/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 4.085 EUR
My targets
4.220 EUR (+2.42%)
4.354 EUR (+5.69%)
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 4.085 EUR. The buyers' bullish objective is set at 4.220 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 4.354 EUR. 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
8.6
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 CAIXABANK rating is 4.120 EUR. On the day, this instrument gained +1.75% and was traded between 4.049 EUR and 4.130 EUR over the period. The price is currently at +1.75% from its lowest and -0.24% from its highest.4.049
4.130
4.120
Here is a more detailed summary of the historical variations registered by CAIXABANK:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of CAIXABANK indicates that the overall trend is strongly bullish. 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 3.862 | 4.008 | 4.085 | 4.120 |
| Change (%) | -6.26% | -2.72% | -0.85% | - |
| Change | -0.258 | -0.112 | -0.035 | - |
| Level | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 3.942 | 3.973 | 4.011 | 4.042 | 4.080 | 4.111 | 4.149 |
| Camarilla | 4.030 | 4.036 | 4.043 | 4.049 | 4.055 | 4.062 | 4.068 |
| Woodie | 3.946 | 3.975 | 4.015 | 4.044 | 4.084 | 4.113 | 4.153 |
| Fibonacci | 3.973 | 3.999 | 4.016 | 4.042 | 4.068 | 4.085 | 4.111 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.694 | 3.780 | 3.914 | 4.000 | 4.134 | 4.220 | 4.354 |
| Camarilla | 3.989 | 4.009 | 4.029 | 4.049 | 4.069 | 4.089 | 4.110 |
| Woodie | 3.719 | 3.792 | 3.939 | 4.012 | 4.159 | 4.232 | 4.379 |
| Fibonacci | 3.780 | 3.864 | 3.916 | 4.000 | 4.084 | 4.136 | 4.220 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.347 | 3.477 | 3.656 | 3.786 | 3.965 | 4.095 | 4.274 |
| Camarilla | 3.750 | 3.778 | 3.807 | 3.835 | 3.863 | 3.892 | 3.920 |
| Woodie | 3.372 | 3.489 | 3.681 | 3.798 | 3.990 | 4.107 | 4.299 |
| Fibonacci | 3.477 | 3.595 | 3.668 | 3.786 | 3.904 | 3.977 | 4.095 |
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): | 67.39 | |
| MACD (12,26,9): | 0.0300 | |
| Directional Movement: | 22.992 | |
| AROON (14): | 28.572 | |
| DEMA (21): | 4.108 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.025 | |
| Elder Ray (13): | 0.029 | |
| Super Trend (3,10): | 4.041 | |
| Zig ZAG (10): | 4.118 | |
| VORTEX (21): | 1.0940 | |
| Stochastique (14,3,5): | 85.45 | |
| TEMA (21): | 4.111 | |
| Williams %R (14): | -10.32 | |
| Chande Momentum Oscillator (20): | 0.057 | |
| Repulse (5,40,3): | 0.3930 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0910 | |
| Courbe Coppock: | 2.57 |
| MA7: | 3.993 | |
| MA20: | 3.852 | |
| MA50: | 3.771 | |
| MA100: | 3.761 | |
| MAexp7: | 4.100 | |
| MAexp20: | 4.068 | |
| MAexp50: | 4.012 | |
| MAexp100: | 3.949 | |
| Price / MA7: | +3.18% | |
| Price / MA20: | +6.96% | |
| Price / MA50: | +9.25% | |
| Price / MA100: | +9.55% | |
| Price / MAexp7: | +0.49% | |
| Price / MAexp20: | +1.28% | |
| Price / MAexp50: | +2.69% | |
| Price / MAexp100: | +4.33% |
Quotes :
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15 min delayed data
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Spain Stocks
News
The latest news and videos published on CAIXABANK at the time of the analysis were as follows:
- CAIXA ECONÔMICA FEDERAL: NET INCOME OF R$ 7.8 BILLION IN 9M23 AND R$ 3.2 BILLION IN 3Q23
- 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
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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