Londinia Opportunities Analyses - 05/03/2024 (GMT) INM.COLONIAL - 1H

INM.COLONIAL
- EUR (-)
- 15 min delayed data - Spain Stocks
Type: Stocks
Ticker: COL
ISIN: ES0139140174

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
  • Europe Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 5.542 EUR
My targets
5.764 EUR (+2.20%)
5.965 EUR (+5.76%)
My analysis
INM.COLONIAL 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 5.542 EUR. The next resistance located at 5.764 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 5.965 EUR. After this resistance, buyers could then target 6.400 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.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.6

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Additional analysis

Quotes

The INM.COLONIAL rating is 5.640 EUR. The price has increased by +0.45% since the last closing and was between 5.605 EUR and 5.640 EUR. This implies that the price is at +0.62% from its lowest and at 0% from its highest.

5.605
5.640
5.640

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of INM.COLONIAL in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 14 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 5.458 5.542 5.625 5.640 5.764 5.965 6.400
Change (%) -3.23% -1.74% -0.27% - +2.20% +5.76% +13.48%
Change -0.182 -0.098 -0.015 - +0.124 +0.325 +0.760
Level Major Intermediate Intermediate - Major Minor Minor



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
Standard5.3235.3925.5035.5725.6835.7525.863
Camarilla5.5665.5825.5995.6155.6325.6485.665
Woodie5.3455.4035.5255.5835.7055.7635.885
Fibonacci5.3925.4605.5035.5725.6405.6835.752


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard5.2485.3375.4485.5375.6485.7375.848
Camarilla5.5055.5235.5425.5605.5785.5975.615
Woodie5.2605.3435.4605.5435.6605.7435.860
Fibonacci5.3375.4135.4605.5375.6135.6605.737


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.7974.9885.2425.4335.6875.8786.132
Camarilla5.3735.4135.4545.4955.5365.5775.617
Woodie4.8285.0045.2735.4495.7185.8946.163
Fibonacci4.9885.1585.2635.4335.6035.7085.878

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): 57.09
MACD (12,26,9): 0.0190
Directional Movement: 0.062
AROON (14): 50.000
DEMA (21): 5.614
Parabolic SAR (0,02-0,02-0,2): 5.520
Elder Ray (13): 0.019
Super Trend (3,10): 5.523
Zig ZAG (10): 5.630
VORTEX (21): 1.0770
Stochastique (14,3,5): 92.59
TEMA (21): 5.625
Williams %R (14): -5.56
Chande Momentum Oscillator (20): 0.105
Repulse (5,40,3): 0.4660
ROCnROLL: 1
TRIX (15,9): 0.0370
Courbe Coppock: 2.50
MA7: 5.549
MA20: 5.440
MA50: 5.278
MA100: 5.583
MAexp7: 5.619
MAexp20: 5.591
MAexp50: 5.558
MAexp100: 5.513
Price / MA7: +1.64%
Price / MA20: +3.68%
Price / MA50: +6.86%
Price / MA100: +1.02%
Price / MAexp7: +0.37%
Price / MAexp20: +0.88%
Price / MAexp50: +1.48%
Price / MAexp100: +2.30%

Quotes : - 15 min delayed data - Actions Espagne

News


Don't forget to follow the news on INM.COLONIAL. At the time of publication of this analysis, the latest news was as follows: