LAR ESPAÑA REAL - Daily - Technical analysis published on 03/03/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
22%
44%
33%
My opinion
Bearish under 6.89 EUR
My targets
6.41 EUR (-4.04%)
6.01 EUR (-10.03%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on LAR ESPAÑA REAL as long as the price remains well below 6.89 EUR. The sellers” bearish objective is set at 6.41 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 6.01 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, the general bearish sentiment is not called into question, despite technical indicators being neutral.
FORCE
0
10
6.8
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
LAR ESPAÑA REAL rating 6.68 EUR. The price registered a decrease of +2.93% on the session and was between 6.61 EUR and 6.80 EUR. This implies that the price is at +1.06% from its lowest and at -1.76% from its highest.6.61
6.80
6.68
Here is a more detailed summary of the historical variations registered by LAR ESPAÑA REAL:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this LAR ESPAÑA REAL chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong 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.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal support
Type : Bullish
Timeframe : Daily
Support of channel is broken
Type : Bearish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | R1 | Price | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 6.01 | 6.41 | 6.68 | 6.68 | 6.89 | 7.27 |
| Change (%) | -10.03% | -4.04% | 0% | - | +3.14% | +8.83% |
| Change | -0.67 | -0.27 | 0 | - | +0.21 | +0.59 |
| Level | Minor | Major | Intermediate | - | Minor | 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 | 6.11 | 6.28 | 6.39 | 6.56 | 6.67 | 6.84 | 6.95 |
| Camarilla | 6.41 | 6.44 | 6.46 | 6.49 | 6.52 | 6.54 | 6.57 |
| Woodie | 6.07 | 6.27 | 6.35 | 6.55 | 6.63 | 6.83 | 6.91 |
| Fibonacci | 6.28 | 6.39 | 6.46 | 6.56 | 6.67 | 6.74 | 6.84 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.37 | 5.87 | 6.17 | 6.67 | 6.97 | 7.47 | 7.77 |
| Camarilla | 6.24 | 6.31 | 6.39 | 6.46 | 6.53 | 6.61 | 6.68 |
| Woodie | 5.26 | 5.82 | 6.06 | 6.62 | 6.86 | 7.42 | 7.66 |
| Fibonacci | 5.87 | 6.18 | 6.37 | 6.67 | 6.98 | 7.17 | 7.47 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.99 | 5.69 | 6.07 | 6.77 | 7.15 | 7.85 | 8.23 |
| Camarilla | 6.16 | 6.26 | 6.36 | 6.46 | 6.56 | 6.66 | 6.76 |
| Woodie | 4.84 | 5.61 | 5.92 | 6.69 | 7.00 | 7.77 | 8.08 |
| Fibonacci | 5.69 | 6.10 | 6.35 | 6.77 | 7.18 | 7.43 | 7.85 |
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): | 41.86 | |
| MACD (12,26,9): | -0.0900 | |
| Directional Movement: | -11.46 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 6.76 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.14 | |
| Elder Ray (13): | -0.10 | |
| Super Trend (3,10): | 7.03 | |
| Zig ZAG (10): | 6.69 | |
| VORTEX (21): | 0.9300 | |
| Stochastique (14,3,5): | 15.43 | |
| TEMA (21): | 6.72 | |
| Williams %R (14): | -71.30 | |
| Chande Momentum Oscillator (20): | -0.50 | |
| Repulse (5,40,3): | -6.4100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0400 | |
| Courbe Coppock: | 6.45 |
| MA7: | 6.69 | |
| MA20: | 6.93 | |
| MA50: | 6.94 | |
| MA100: | 7.37 | |
| MAexp7: | 6.70 | |
| MAexp20: | 6.86 | |
| MAexp50: | 7.00 | |
| MAexp100: | 7.16 | |
| Price / MA7: | -0.15% | |
| Price / MA20: | -3.61% | |
| Price / MA50: | -3.75% | |
| Price / MA100: | -9.36% | |
| Price / MAexp7: | -0.30% | |
| Price / MAexp20: | -2.62% | |
| Price / MAexp50: | -4.57% | |
| Price / MAexp100: | -6.70% |
News
Don"t forget to follow the news on LAR ESPAÑA REAL. At the time of publication of this analysis, the latest news was as follows:
Lar Espana Real EstateThis member declared not having a position on this financial instrument or a related financial instrument.
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