Londinia Opportunities Analyses - 08/29/2024 (GMT) ILLIMITY BANK - 1H
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EUR
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15 min delayed data - Italy Stocks
| Type: | Stocks |
| Ticker: | ILTY |
| ISIN: | IT0005359192 |
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
67%
6%
28%
My opinion
Bullish above 4.676 EUR
My targets
4.800 EUR (+1.61%)
4.850 EUR (+2.67%)
My analysis
ILLIMITY BANK 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 4.676 EUR. The next resistance located at 4.800 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 4.850 EUR. After this resistance, buyers could then target 4.916 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
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
The ILLIMITY BANK price is 4.724 EUR. The price has increased by +1.81% since the last closing and was traded between 4.610 EUR and 4.772 EUR over the period. The price is currently at +2.47% from its lowest and -1.01% from its highest.4.610
4.772
4.724
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.
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:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of ILLIMITY BANK indicates that the overall trend is strongly bullish. 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, 12 technical indicators on 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Pivot points : price is over resistance 1
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
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4.492 | 4.613 | 4.676 | 4.724 | 4.800 | 4.850 | 4.916 |
| Change (%) | -4.91% | -2.35% | -1.02% | - | +1.61% | +2.67% | +4.06% |
| Change | -0.232 | -0.111 | -0.048 | - | +0.076 | +0.126 | +0.192 |
| Level | Intermediate | Major | Major | - | Major | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.501 | 4.553 | 4.597 | 4.649 | 4.693 | 4.745 | 4.789 |
| Camarilla | 4.614 | 4.622 | 4.631 | 4.640 | 4.649 | 4.658 | 4.666 |
| Woodie | 4.496 | 4.551 | 4.592 | 4.647 | 4.688 | 4.743 | 4.784 |
| Fibonacci | 4.553 | 4.590 | 4.613 | 4.649 | 4.686 | 4.709 | 4.745 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.377 | 4.435 | 4.549 | 4.607 | 4.721 | 4.779 | 4.893 |
| Camarilla | 4.617 | 4.633 | 4.648 | 4.664 | 4.680 | 4.696 | 4.711 |
| Woodie | 4.406 | 4.449 | 4.578 | 4.621 | 4.750 | 4.793 | 4.922 |
| Fibonacci | 4.435 | 4.500 | 4.541 | 4.607 | 4.672 | 4.713 | 4.779 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.855 | 4.209 | 4.468 | 4.822 | 5.081 | 5.435 | 5.694 |
| Camarilla | 4.559 | 4.616 | 4.672 | 4.728 | 4.784 | 4.840 | 4.897 |
| Woodie | 3.809 | 4.185 | 4.422 | 4.798 | 5.035 | 5.411 | 5.648 |
| Fibonacci | 4.209 | 4.443 | 4.588 | 4.822 | 5.056 | 5.201 | 5.435 |
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): | 56.45 | |
| MACD (12,26,9): | 0.0220 | |
| Directional Movement: | 0.832 | |
| AROON (14): | 28.572 | |
| DEMA (21): | 4.716 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.668 | |
| Elder Ray (13): | 0.011 | |
| Super Trend (3,10): | 4.591 | |
| Zig ZAG (10): | 4.720 | |
| VORTEX (21): | 0.9600 | |
| Stochastique (14,3,5): | 68.68 | |
| TEMA (21): | 4.723 | |
| Williams %R (14): | -31.33 | |
| Chande Momentum Oscillator (20): | 0.060 | |
| Repulse (5,40,3): | -0.1620 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0550 | |
| Courbe Coppock: | 2.03 |
| MA7: | 4.642 | |
| MA20: | 4.562 | |
| MA50: | 4.700 | |
| MA100: | 4.760 | |
| MAexp7: | 4.713 | |
| MAexp20: | 4.688 | |
| MAexp50: | 4.653 | |
| MAexp100: | 4.623 | |
| Price / MA7: | +1.77% | |
| Price / MA20: | +3.55% | |
| Price / MA50: | +0.51% | |
| Price / MA100: | -0.76% | |
| Price / MAexp7: | +0.23% | |
| Price / MAexp20: | +0.77% | |
| Price / MAexp50: | +1.53% | |
| Price / MAexp100: | +2.18% |
Quotes :
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