MOTA ENGIL - 1H - Technical analysis published on 06/07/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 1.906 EUR
My targets
1.948 EUR (+0.93%)
1.994 EUR (+3.32%)
My analysis
The strong short-term increase for MOTA ENGIL reinforces the current slightly bullish trend. As long as the price remains above 1.906 EUR, you could take advantage of this bullish acceleration. The first bullish objective is located at 1.948 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.994 EUR as an objective. Crossing it would then enable buyers to target 2.087 EUR. A return to 1.906 EUR would be a sign of a possible correction of short-term bullish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.
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
5.4
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
MOTA ENGIL rating 1.930 EUR. On the day, this instrument gained +2.66% and was traded between 1.860 EUR and 1.930 EUR over the period. The price is currently at +3.76% from its lowest and 0% from its highest.1.860
1.930
1.930
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of MOTA ENGIL in 1H shows an overall slightly bullish trend. 57.14% of the signals given by moving averages are bullish. This slightly bullish trend could be reinforced by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
In fact, 16 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 1 hour
MACD indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of these bullish patterns in Japanese candlesticks:
White marubozu
Type : Bullish
Timeframe : 1 hour
Long white line
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.838 | 1.872 | 1.906 | 1.930 | 1.948 | 1.994 | 2.087 |
| Change (%) | -4.77% | -3.01% | -1.24% | - | +0.93% | +3.32% | +8.13% |
| Change | -0.092 | -0.058 | -0.024 | - | +0.018 | +0.064 | +0.157 |
| Level | Intermediate | Minor | Intermediate | - | Major | 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 | 1.805 | 1.823 | 1.851 | 1.869 | 1.897 | 1.915 | 1.943 |
| Camarilla | 1.867 | 1.872 | 1.876 | 1.880 | 1.884 | 1.888 | 1.893 |
| Woodie | 1.811 | 1.826 | 1.857 | 1.872 | 1.903 | 1.918 | 1.949 |
| Fibonacci | 1.823 | 1.840 | 1.851 | 1.869 | 1.886 | 1.897 | 1.915 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.633 | 1.729 | 1.801 | 1.897 | 1.969 | 2.065 | 2.137 |
| Camarilla | 1.826 | 1.841 | 1.857 | 1.872 | 1.887 | 1.903 | 1.918 |
| Woodie | 1.620 | 1.723 | 1.788 | 1.891 | 1.956 | 2.059 | 2.124 |
| Fibonacci | 1.729 | 1.794 | 1.833 | 1.897 | 1.962 | 2.001 | 2.065 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.501 | 1.665 | 1.752 | 1.916 | 2.003 | 2.167 | 2.254 |
| Camarilla | 1.769 | 1.792 | 1.815 | 1.838 | 1.861 | 1.884 | 1.907 |
| Woodie | 1.462 | 1.646 | 1.713 | 1.897 | 1.964 | 2.148 | 2.215 |
| Fibonacci | 1.665 | 1.761 | 1.821 | 1.916 | 2.012 | 2.072 | 2.167 |
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): | 66.85 | |
| MACD (12,26,9): | 0.0030 | |
| Directional Movement: | 30.215 | |
| AROON (14): | 71.429 | |
| DEMA (21): | 1.877 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.846 | |
| Elder Ray (13): | 0.020 | |
| Super Trend (3,10): | 1.848 | |
| Zig ZAG (10): | 1.918 | |
| VORTEX (21): | 0.9590 | |
| Stochastique (14,3,5): | 72.22 | |
| TEMA (21): | 1.886 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.064 | |
| Repulse (5,40,3): | 3.2070 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0020 | |
| Courbe Coppock: | 0.65 |
| MA7: | 1.883 | |
| MA20: | 1.932 | |
| MA50: | 1.810 | |
| MA100: | 1.702 | |
| MAexp7: | 1.883 | |
| MAexp20: | 1.874 | |
| MAexp50: | 1.880 | |
| MAexp100: | 1.896 | |
| Price / MA7: | +2.50% | |
| Price / MA20: | -0.10% | |
| Price / MA50: | +6.63% | |
| Price / MA100: | +13.40% | |
| Price / MAexp7: | +2.50% | |
| Price / MAexp20: | +2.99% | |
| Price / MAexp50: | +2.66% | |
| Price / MAexp100: | +1.79% |
Quotes :
-
15 min delayed data
-
Euronext Lisbonne
News
The last news published on MOTA ENGIL at the time of the generation of this analysis was as follows:
- Poly Adds People Strategy Expert and HR Professional Kim Mota to Executive Team as Senior Vice President of People Experiences
- Mota Raises $1.7 Million in Private Placement
- Mota Ventures Successful Immune Line Launch Signs Up Over 5,500 New Customers in 12 Days
- Mota Ventures Moves Forward with Its Acquisition of Spanish CBD Company Sativida
- Mota Ventures Launching Immune Support CBD Line; Pure Herbal Immunity Blend Acquiring 1,838 New Customers Within a Week
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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