Londinia Opportunities Analyses - 12/19/2024 (GMT) GRIFOLS S.A. ADS - 1H

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Type:	Stocks
Ticker:	GRFS
ISIN:

Londinia

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.

U.S. Stocks
Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

11%

17%

My opinion

Bullish above 7.69 USD

My targets

8.13 USD (+3.17%)

8.41 USD (+6.73%)

My analysis

The bullish trend is currently very strong on GRIFOLS S.A. ADS. As long as the price remains above the support at 7.69 USD, you could try to benefit from the boom. The first bullish objective is located at 8.13 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 8.41 USD as an objective. Crossing it would then enable buyers to target 8.90 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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

7.7

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Additional analysis

Quotes

GRIFOLS S.A. ADS rating 7.88 USD. On the day, this instrument gained +6.06% and was traded between 7.44 USD and 7.89 USD over the period. The price is currently at +5.91% from its lowest and -0.13% from its highest.

7.44

7.89

7.88

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

Technical analysis of this 1H chart of GRIFOLS S.A. ADS indicates that the overall trend is strongly bullish. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : 1 hour

In fact, 13 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near resistance of triangle

Type : Bearish

Timeframe : 1 hour

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	6.28	6.99	7.69	7.88	8.13	8.41	8.90
Change (%)	-20.30%	-11.29%	-2.41%	-	+3.17%	+6.73%	+12.94%
Change	-1.60	-0.89	-0.19	-	+0.25	+0.53	+1.02
Level	Intermediate	Major	Major	-	Minor	Minor	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.65	7.03	7.23	7.61	7.81	8.19	8.39
Camarilla	7.27	7.32	7.38	7.43	7.48	7.54	7.59
Woodie	6.56	6.99	7.14	7.57	7.72	8.15	8.30
Fibonacci	7.03	7.25	7.39	7.61	7.83	7.97	8.19

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.28	6.70	7.01	7.43	7.74	8.16	8.47
Camarilla	7.13	7.20	7.26	7.33	7.40	7.46	7.53
Woodie	6.24	6.67	6.97	7.40	7.70	8.13	8.43
Fibonacci	6.70	6.98	7.15	7.43	7.71	7.88	8.16

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.85	4.86	5.93	7.94	9.01	11.02	12.09
Camarilla	6.14	6.43	6.71	6.99	7.27	7.56	7.84
Woodie	2.37	4.63	5.45	7.71	8.53	10.79	11.61
Fibonacci	4.86	6.04	6.77	7.94	9.12	9.85	11.02

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):	59.15
MACD (12,26,9):	0.0400
Directional Movement:	2.27
AROON (14):	-50.00
DEMA (21):	7.81
Parabolic SAR (0,02-0,02-0,2):	7.42
Elder Ray (13):	0.12
Super Trend (3,10):	7.89
Zig ZAG (10):	7.89
VORTEX (21):	1.1200
Stochastique (14,3,5):	69.89
TEMA (21):	7.79
Williams %R (14):	-17.26
Chande Momentum Oscillator (20):	0.03
Repulse (5,40,3):	1.7400
ROCnROLL:	1
TRIX (15,9):	0.0700
Courbe Coppock:	4.21

MA7:	7.66
MA20:	7.69
MA50:	8.39
MA100:	8.38
MAexp7:	7.80
MAexp20:	7.75
MAexp50:	7.66
MAexp100:	7.69
Price / MA7:	+2.87%
Price / MA20:	+2.47%
Price / MA50:	-6.08%
Price / MA100:	-5.97%
Price / MAexp7:	+1.03%
Price / MAexp20:	+1.68%
Price / MAexp50:	+2.87%
Price / MAexp100:	+2.47%

Quotes : - 15 min delayed data - Actions NASDAQ

News

The last news published on GRIFOLS S.A. ADS at the time of the generation of this analysis was as follows: