BERKELEY ENERGIA

- EUR (-)

- 15 min delayed data - Spain Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	BKY
ISIN:	AU000000BKY0

BERKELEY ENERGIA - Daily - Technical analysis published on 07/13/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

56%

11%

33%

My opinion

Bullish above 0.4027 EUR

My targets

0.4480 EUR (+5.41%)

0.4745 EUR (+11.65%)

My analysis

The bullish trend is currently very strong on BERKELEY ENERGIA. As long as the price remains above the support at 0.4027 EUR, you could try to benefit from the boom. The first bullish objective is located at 0.4480 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.4745 EUR as an objective. Crossing it would then enable buyers to target 0.6400 EUR. 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

7.5

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

The BERKELEY ENERGIA rating is 0.4250 EUR. On the day, this instrument gained +5.33% and was between 0.4100 EUR and 0.4370 EUR. This implies that the price is at +3.66% from its lowest and at -2.75% from its highest.

0.4100

0.4370

0.4250

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of this Daily chart of BERKELEY ENERGIA indicates that the overall trend is strongly bullish. 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a moderate bullish signal.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

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

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.3040	0.3780	0.4027	0.4250	0.4480	0.4745	0.6400
Change (%)	-28.47%	-11.06%	-5.25%	-	+5.41%	+11.65%	+50.59%
Change	-0.1210	-0.0470	-0.0223	-	+0.0230	+0.0495	+0.2150
Level	Major	Major	Major	-	Major	Intermediate	Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.3780	0.3865	0.3950	0.4035	0.4120	0.4205	0.4290
Camarilla	0.3988	0.4004	0.4019	0.4035	0.4051	0.4066	0.4082
Woodie	0.3780	0.3865	0.3950	0.4035	0.4120	0.4205	0.4290
Fibonacci	0.3865	0.3930	0.3970	0.4035	0.4100	0.4140	0.4205

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.2810	0.3355	0.3710	0.4255	0.4610	0.5155	0.5510
Camarilla	0.3818	0.3900	0.3983	0.4065	0.4148	0.4230	0.4313
Woodie	0.2715	0.3308	0.3615	0.4208	0.4515	0.5108	0.5415
Fibonacci	0.3355	0.3699	0.3911	0.4255	0.4599	0.4811	0.5155

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.1498	0.2052	0.3073	0.3627	0.4648	0.5202	0.6223
Camarilla	0.3662	0.3806	0.3951	0.4095	0.4239	0.4384	0.4528
Woodie	0.1733	0.2169	0.3308	0.3744	0.4883	0.5319	0.6458
Fibonacci	0.2052	0.2653	0.3025	0.3627	0.4228	0.4600	0.5202

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	65.97
MACD (12,26,9):	0.0301
Directional Movement:	23.2830
AROON (14):	50.0000
DEMA (21):	0.4261
Parabolic SAR (0,02-0,02-0,2):	0.4730
Elder Ray (13):	0.0239
Super Trend (3,10):	0.3682
Zig ZAG (10):	0.4260
VORTEX (21):	1.1298
Stochastique (14,3,5):	51.50
TEMA (21):	0.4311
Williams %R (14):	-39.42
Chande Momentum Oscillator (20):	0.0375
Repulse (5,40,3):	-2.3881
ROCnROLL:	1
TRIX (15,9):	1.5145
Courbe Coppock:	43.05

MA7:	0.4104
MA20:	0.3830
MA50:	0.3119
MA100:	0.2725
MAexp7:	0.4099
MAexp20:	0.3835
MAexp50:	0.3325
MAexp100:	0.2927
Price / MA7:	+3.56%
Price / MA20:	+10.97%
Price / MA50:	+36.26%
Price / MA100:	+55.96%
Price / MAexp7:	+3.68%
Price / MAexp20:	+10.82%
Price / MAexp50:	+27.82%
Price / MAexp100:	+45.20%

Quotes : - 15 min delayed data - Spain Stocks

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

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