Londinia Opportunities Analyses - 05/03/2024 (GMT) MARR - 1H
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EUR
(-)
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15 min delayed data - Italy Stocks
| Type: | Stocks |
| Ticker: | MARR |
| ISIN: | IT0003428445 |
- Europe Stocks
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 12.06 EUR
My targets
12.28 EUR (+0.99%)
12.74 EUR (+4.77%)
My analysis
MARR is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 12.06 EUR. The next resistance located at 12.28 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 12.74 EUR. After this resistance, buyers could then target 13.18 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
8.4
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.
Additional analysis
Quotes
The MARR rating is 12.16 EUR. The price registered an increase of +1.33% on the session and was between 12.00 EUR and 12.16 EUR. This implies that the price is at +1.33% from its lowest and at 0% from its highest.12.00
12.16
12.16
Here is a more detailed summary of the historical variations registered by MARR:
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 MARR in 1H 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. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a strong bullish signal.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
MACD indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
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
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | R1 | Price | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 11.54 | 11.77 | 12.06 | 12.16 | 12.16 | 12.28 | 12.74 |
| Change (%) | -5.10% | -3.21% | -0.82% | 0% | - | +0.99% | +4.77% |
| Change | -0.62 | -0.39 | -0.10 | 0 | - | +0.12 | +0.58 |
| Level | Intermediate | Major | Minor | Major | - | Intermediate | Intermediate |
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 | 11.65 | 11.83 | 11.91 | 12.09 | 12.17 | 12.35 | 12.43 |
| Camarilla | 11.93 | 11.95 | 11.98 | 12.00 | 12.02 | 12.05 | 12.07 |
| Woodie | 11.61 | 11.81 | 11.87 | 12.07 | 12.13 | 12.33 | 12.39 |
| Fibonacci | 11.83 | 11.93 | 11.99 | 12.09 | 12.19 | 12.25 | 12.35 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.57 | 10.93 | 11.55 | 11.91 | 12.53 | 12.89 | 13.51 |
| Camarilla | 11.89 | 11.98 | 12.07 | 12.16 | 12.25 | 12.34 | 12.43 |
| Woodie | 10.69 | 11.00 | 11.67 | 11.98 | 12.65 | 12.96 | 13.63 |
| Fibonacci | 10.93 | 11.31 | 11.54 | 11.91 | 12.29 | 12.52 | 12.89 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.05 | 10.53 | 11.31 | 11.79 | 12.57 | 13.05 | 13.83 |
| Camarilla | 11.73 | 11.85 | 11.97 | 12.08 | 12.20 | 12.31 | 12.43 |
| Woodie | 10.19 | 10.61 | 11.45 | 11.87 | 12.71 | 13.13 | 13.97 |
| Fibonacci | 10.53 | 11.02 | 11.31 | 11.79 | 12.28 | 12.57 | 13.05 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 57.16 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | 24.31 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 12.08 | |
| Parabolic SAR (0,02-0,02-0,2): | 12.24 | |
| Elder Ray (13): | 0.05 | |
| Super Trend (3,10): | 11.95 | |
| Zig ZAG (10): | 12.14 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 35.90 | |
| TEMA (21): | 12.05 | |
| Williams %R (14): | -46.15 | |
| Chande Momentum Oscillator (20): | 0.06 | |
| Repulse (5,40,3): | 0.4700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.61 |
| MA7: | 12.04 | |
| MA20: | 11.59 | |
| MA50: | 11.39 | |
| MA100: | 11.34 | |
| MAexp7: | 12.07 | |
| MAexp20: | 12.07 | |
| MAexp50: | 12.00 | |
| MAexp100: | 11.85 | |
| Price / MA7: | +1.00% | |
| Price / MA20: | +4.92% | |
| Price / MA50: | +6.76% | |
| Price / MA100: | +7.23% | |
| Price / MAexp7: | +0.75% | |
| Price / MAexp20: | +0.75% | |
| Price / MAexp50: | +1.33% | |
| Price / MAexp100: | +2.62% |
Quotes :
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15 min delayed data
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