Londinia Opportunities Analyses - 12/20/2024 (GMT) WEBUILD - 1H

- EUR (-)

- 15 min delayed data - Italy Stocks

Type:	Stocks
Ticker:	WBD
ISIN:	IT0003865570

Londinia

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

Europe Stocks
Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

17%

72%

11%

My opinion

Bearish under 2.816 EUR

My targets

2.752 EUR (-1.71%)

2.644 EUR (-5.57%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on WEBUILD as long as the price remains well below 2.816 EUR. The sellers' bearish objective is set at 2.752 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 2.644 EUR. In case of crossing, the next objective would be the support located at 2.568 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.

Force

7.5

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 WEBUILD price is 2.800 EUR. The price registered a decrease of -0.92% on the session and was between 2.786 EUR and 2.808 EUR. This implies that the price is at +0.50% from its lowest and at -0.28% from its highest.

2.786

2.808

2.800

Here is a more detailed summary of the historical variations registered by WEBUILD:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

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 WEBUILD in 1H shows a overall strongly bearish trend. 89.29% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish 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, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Support of channel is broken

Type : Bearish

Timeframe : 1 hour

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2.568	2.644	2.752	2.800	2.816	2.868	2.918
Change (%)	-8.29%	-5.57%	-1.71%	-	+0.57%	+2.43%	+4.21%
Change	-0.232	-0.156	-0.048	-	+0.016	+0.068	+0.118
Level	Intermediate	Intermediate	Minor	-	Intermediate	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	2.762	2.786	2.806	2.830	2.850	2.874	2.894
Camarilla	2.814	2.818	2.822	2.826	2.830	2.834	2.838
Woodie	2.760	2.785	2.804	2.829	2.848	2.873	2.892
Fibonacci	2.786	2.803	2.813	2.830	2.847	2.857	2.874

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.727	2.771	2.849	2.893	2.971	3.015	3.093
Camarilla	2.893	2.904	2.915	2.926	2.937	2.948	2.960
Woodie	2.743	2.780	2.865	2.902	2.987	3.024	3.109
Fibonacci	2.771	2.818	2.847	2.893	2.940	2.969	3.015

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.383	2.471	2.559	2.647	2.735	2.823	2.911
Camarilla	2.598	2.614	2.630	2.646	2.662	2.678	2.694
Woodie	2.382	2.471	2.558	2.647	2.734	2.823	2.910
Fibonacci	2.471	2.539	2.580	2.647	2.715	2.756	2.823

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):	32.81
MACD (12,26,9):	-0.0110
Directional Movement:	-24.789
AROON (14):	-78.571
DEMA (21):	2.818
Parabolic SAR (0,02-0,02-0,2):	2.858
Elder Ray (13):	-0.032
Super Trend (3,10):	2.850
Zig ZAG (10):	2.800
VORTEX (21):	0.8920
Stochastique (14,3,5):	20.63
TEMA (21):	2.816
Williams %R (14):	-82.93
Chande Momentum Oscillator (20):	-0.060
Repulse (5,40,3):	0.4470
ROCnROLL:	2
TRIX (15,9):	-0.0480
Courbe Coppock:	1.66

MA7:	2.853
MA20:	2.780
MA50:	2.680
MA100:	2.550
MAexp7:	2.819
MAexp20:	2.832
MAexp50:	2.846
MAexp100:	2.835
Price / MA7:	-1.86%
Price / MA20:	+0.72%
Price / MA50:	+4.48%
Price / MA100:	+9.80%
Price / MAexp7:	-0.67%
Price / MAexp20:	-1.13%
Price / MAexp50:	-1.62%
Price / MAexp100:	-1.23%

Quotes : - 15 min delayed data - Actions Italie

News

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