BERKELEY ENERGIA - Daily - Technical analysis published on 09/05/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bearish
Technical indicators
44%
22%
33%
My opinion
Bearish under 0.2521 EUR
My targets
0.2260 EUR (-8.13%)
0.2102 EUR (-14.55%)
My analysis
There is a bearish trend on BERKELEY ENERGIA both at the basic level and in the short term. A sale could be considered, so long as the price remains below 0.2521 EUR. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 0.2260 EUR. Then the price could move towards 0.2102 EUR. Then 0.1616 EUR by extension. Be careful, a return to above the resistance 0.2521 EUR would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
2.9
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BERKELEY ENERGIA rating is 0.2460 EUR. The price has increased by +6.49% since the last closing with the lowest point at 0.2275 EUR and the highest point at 0.2485 EUR. The deviation from the price is +8.13% for the low point and -1.01% for the high point.0.2275
0.2485
0.2460
The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BERKELEY ENERGIA:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of BERKELEY ENERGIA indicates that the overall trend is bearish. The signals given by moving averages are at 71.43% bearish. This bearish trend shows slight signs of slowing down given the slightly bearish signals of short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
On the 18 technical indicators analysed, 8 are bullish, 6 are neutral and 4 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Near support of channel
Type : Bullish
Timeframe : Daily
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish engulfing lines
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.0940 | 0.1616 | 0.2102 | 0.2460 | 0.2521 | 0.3040 | 0.4027 |
Change (%) | -61.79% | -34.31% | -14.55% | - | +2.48% | +23.58% | +63.70% |
Change | -0.1520 | -0.0844 | -0.0358 | - | +0.0061 | +0.0580 | +0.1567 |
Level | Minor | Intermediate | Major | - | Major | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.2238 | 0.2267 | 0.2288 | 0.2317 | 0.2338 | 0.2367 | 0.2388 |
Camarilla | 0.2296 | 0.2301 | 0.2305 | 0.2310 | 0.2315 | 0.2319 | 0.2324 |
Woodie | 0.2235 | 0.2265 | 0.2285 | 0.2315 | 0.2335 | 0.2365 | 0.2385 |
Fibonacci | 0.2267 | 0.2286 | 0.2298 | 0.2317 | 0.2336 | 0.2348 | 0.2367 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.2120 | 0.2200 | 0.2260 | 0.2340 | 0.2400 | 0.2480 | 0.2540 |
Camarilla | 0.2282 | 0.2294 | 0.2307 | 0.2320 | 0.2333 | 0.2346 | 0.2359 |
Woodie | 0.2110 | 0.2195 | 0.2250 | 0.2335 | 0.2390 | 0.2475 | 0.2530 |
Fibonacci | 0.2200 | 0.2254 | 0.2287 | 0.2340 | 0.2394 | 0.2427 | 0.2480 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.1510 | 0.1880 | 0.2090 | 0.2460 | 0.2670 | 0.3040 | 0.3250 |
Camarilla | 0.2141 | 0.2194 | 0.2247 | 0.2300 | 0.2353 | 0.2406 | 0.2460 |
Woodie | 0.1430 | 0.1840 | 0.2010 | 0.2420 | 0.2590 | 0.3000 | 0.3170 |
Fibonacci | 0.1880 | 0.2102 | 0.2238 | 0.2460 | 0.2682 | 0.2818 | 0.3040 |
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): | 43.35 | |
MACD (12,26,9): | -0.0161 | |
Directional Movement: | -4.0332 | |
AROON (14): | -100.0000 | |
DEMA (21): | 0.2247 | |
Parabolic SAR (0,02-0,02-0,2): | 0.2869 | |
Elder Ray (13): | -0.0028 | |
Super Trend (3,10): | 0.2716 | |
Zig ZAG (10): | 0.2430 | |
VORTEX (21): | 0.8742 | |
Stochastique (14,3,5): | 17.66 | |
TEMA (21): | 0.2268 | |
Williams %R (14): | -54.55 | |
Chande Momentum Oscillator (20): | -0.0005 | |
Repulse (5,40,3): | 3.7754 | |
ROCnROLL: | -1 | |
TRIX (15,9): | -1.0601 | |
Courbe Coppock: | 9.69 |
MA7: | 0.2346 | |
MA20: | 0.2426 | |
MA50: | 0.3093 | |
MA100: | 0.2887 | |
MAexp7: | 0.2369 | |
MAexp20: | 0.2486 | |
MAexp50: | 0.2757 | |
MAexp100: | 0.2791 | |
Price / MA7: | +4.86% | |
Price / MA20: | +1.40% | |
Price / MA50: | -20.47% | |
Price / MA100: | -14.79% | |
Price / MAexp7: | +3.84% | |
Price / MAexp20: | -1.05% | |
Price / MAexp50: | -10.77% | |
Price / MAexp100: | -11.86% |
Quotes :
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15 min delayed data
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Spain Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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