VIDRALA - Daily - Technical analysis published on 08/22/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Neutral
Technical indicators
72%
0%
28%
My opinion
Bullish above 63.1 EUR
My targets
69.4 EUR (+2.66%)
72.5 EUR (+7.25%)
My analysis
The current short-term bullish acceleration on VIDRALA should quickly allow the basic trend to return to bullish. To avoid contradicting the short term, traders may prefer long positions (at the time of purchase) as long as the price remains well above 63.1 EUR. Short-term buyers will use the resistance located at 69.4 EUR as an objective. A bullish break in this resistance would boost the bullish momentum. The next bullish objective would then be set at 72.5 EUR. Crossing this resistance would then open the door for buyers to target 78.8 EUR. Caution, if there is a return to under 63.1 EUR, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend sellers, many of whom will certainly benefit from this movement.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
3.8
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Additional analysis
Quotes
VIDRALA rating 67.6 EUR. On the day, this instrument gained +3.52% and was traded between 66.0 EUR and 70.0 EUR over the period. The price is currently at +2.42% from its lowest and -3.43% from its highest.66.0
70.0
67.6
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:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of VIDRALA indicates that the overall trend is not clearly defined. This indecision could turn into a bullish trend due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : Daily
In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
MACD indicator is back over 0
Type : Bullish
Timeframe : Daily
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 26.2 | 51.3 | 63.1 | 67.6 | 69.4 | 72.5 | 78.8 |
| Change (%) | -61.24% | -24.11% | -6.66% | - | +2.66% | +7.25% | +16.57% |
| Change | -41.4 | -16.3 | -4.5 | - | +1.8 | +4.9 | +11.2 |
| Level | Minor | Minor | Major | - | 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 | 63.7 | 64.5 | 64.9 | 65.7 | 66.1 | 66.9 | 67.3 |
| Camarilla | 65.0 | 65.1 | 65.2 | 65.3 | 65.4 | 65.5 | 65.6 |
| Woodie | 63.5 | 64.4 | 64.7 | 65.6 | 65.9 | 66.8 | 67.1 |
| Fibonacci | 64.5 | 65.0 | 65.2 | 65.7 | 66.2 | 66.4 | 66.9 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 60.9 | 63.1 | 64.2 | 66.4 | 67.5 | 69.7 | 70.8 |
| Camarilla | 64.4 | 64.7 | 65.0 | 65.3 | 65.6 | 65.9 | 66.2 |
| Woodie | 60.4 | 62.8 | 63.7 | 66.1 | 67.0 | 69.4 | 70.3 |
| Fibonacci | 63.1 | 64.4 | 65.1 | 66.4 | 67.7 | 68.4 | 69.7 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 52.9 | 58.0 | 61.5 | 66.6 | 70.1 | 75.2 | 78.7 |
| Camarilla | 62.6 | 63.4 | 64.2 | 65.0 | 65.8 | 66.6 | 67.4 |
| Woodie | 52.1 | 57.6 | 60.7 | 66.2 | 69.3 | 74.8 | 77.9 |
| Fibonacci | 58.0 | 61.3 | 63.3 | 66.6 | 69.9 | 71.9 | 75.2 |
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): | 57.40 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 15.4 | |
| AROON (14): | 64.3 | |
| DEMA (21): | 65.7 | |
| Parabolic SAR (0,02-0,02-0,2): | 64.3 | |
| Elder Ray (13): | 1.9 | |
| Super Trend (3,10): | 68.4 | |
| Zig ZAG (10): | 68.2 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 63.60 | |
| TEMA (21): | 66.6 | |
| Williams %R (14): | -24.00 | |
| Chande Momentum Oscillator (20): | 3.7 | |
| Repulse (5,40,3): | 0.5000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.1000 | |
| Courbe Coppock: | 8.20 |
| MA7: | 66.7 | |
| MA20: | 65.1 | |
| MA50: | 67.3 | |
| MA100: | 67.9 | |
| MAexp7: | 66.6 | |
| MAexp20: | 66.0 | |
| MAexp50: | 66.9 | |
| MAexp100: | 68.4 | |
| Price / MA7: | +1.35% | |
| Price / MA20: | +3.84% | |
| Price / MA50: | +0.45% | |
| Price / MA100: | -0.44% | |
| Price / MAexp7: | +1.50% | |
| Price / MAexp20: | +2.42% | |
| Price / MAexp50: | +1.05% | |
| Price / MAexp100: | -1.17% |
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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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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