GRIFOLS

- EUR (-)

- 15 min delayed data - Spain Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	GRF
ISIN:	ES0171996087

GRIFOLS - Daily - Technical analysis published on 02/14/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

56%

39%

My opinion

Bearish under 11.482 EUR

My targets

10.030 EUR (-4.57%)

9.027 EUR (-14.11%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on GRIFOLS. As long as you are under the resistance located at 11.482 EUR, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 10.030 EUR would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 9.027 EUR as an objective. Crossing it would then enable sellers to target 8.030 EUR. If the resistance 11.482 EUR were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.

Force

0.5

Comment on the analysis

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.

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Additional analysis

Quotes

GRIFOLS rating 10.510 EUR. On the day, this instrument gained +0.86% and was between 10.400 EUR and 10.575 EUR. This implies that the price is at +1.06% from its lowest and at -0.61% from its highest.

10.400

10.575

10.510

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

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:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of GRIFOLS in Daily shows an overall bearish trend. The signals given by moving averages are 67.86% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 10 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

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 channel

Type : Bearish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	4.496	8.030	10.030	10.510	11.482	13.700	15.729
Change (%)	-57.22%	-23.60%	-4.57%	-	+9.25%	+30.35%	+49.66%
Change	-6.014	-2.480	-0.480	-	+0.972	+3.190	+5.219
Level	Minor	Major	Intermediate	-	Minor	Intermediate	Major

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
Standard	9.718	10.027	10.223	10.532	10.728	11.037	11.233
Camarilla	10.281	10.327	10.374	10.420	10.466	10.513	10.559
Woodie	9.663	9.999	10.168	10.504	10.673	11.009	11.178
Fibonacci	10.027	10.220	10.339	10.532	10.725	10.844	11.037

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.027	9.518	9.877	10.368	10.727	11.218	11.577
Camarilla	10.001	10.079	10.157	10.235	10.313	10.391	10.469
Woodie	8.960	9.485	9.810	10.335	10.660	11.185	11.510
Fibonacci	9.518	9.843	10.044	10.368	10.693	10.894	11.218

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.577	3.762	6.953	11.292	14.483	18.822	22.013
Camarilla	8.074	8.765	9.455	10.145	10.835	11.526	12.216
Woodie	-1.150	3.475	6.380	11.005	13.910	18.535	21.440
Fibonacci	3.762	6.638	8.415	11.292	14.168	15.945	18.822

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):	49.56
MACD (12,26,9):	-0.2350
Directional Movement:	-0.063
AROON (14):	57.143
DEMA (21):	9.922
Parabolic SAR (0,02-0,02-0,2):	10.840
Elder Ray (13):	0.190
Super Trend (3,10):	11.324
Zig ZAG (10):	10.530
VORTEX (21):	1.1300
Stochastique (14,3,5):	80.50
TEMA (21):	10.236
Williams %R (14):	-21.80
Chande Momentum Oscillator (20):	0.552
Repulse (5,40,3):	0.3480
ROCnROLL:	-1
TRIX (15,9):	-0.6670
Courbe Coppock:	25.64

MA7:	10.397
MA20:	9.856
MA50:	11.829
MA100:	11.824
MAexp7:	10.388
MAexp20:	10.382
MAexp50:	11.121
MAexp100:	11.607
Price / MA7:	+1.09%
Price / MA20:	+6.64%
Price / MA50:	-11.15%
Price / MA100:	-11.11%
Price / MAexp7:	+1.17%
Price / MAexp20:	+1.23%
Price / MAexp50:	-5.49%
Price / MAexp100:	-9.45%

Quotes : - 15 min delayed data - Spain Stocks

News

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

This member declared not having a position on this financial instrument or a related financial instrument.

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