ENAV - Daily - Technical analysis published on 09/30/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
28%
39%
33%
My opinion
Bullish above 5.025 EUR
My targets
5.145 EUR (+0.98%)
5.239 EUR (+2.83%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the support located at 5.025 EUR remains possible. It is advisable to trade ENAV with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 5.025 EUR. The next bullish objective for buyers is set at 5.145 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 5.239 EUR. PS: if there is a bearish break in the support located at 5.025 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
FORCE
0
10
2.1
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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
The ENAV rating is 5.095 EUR. The price registered a decrease of -0.59% on the session and was between 5.055 EUR and 5.125 EUR. This implies that the price is at +0.79% from its lowest and at -0.59% from its highest.5.055
5.125
5.095
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ENAV:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this ENAV chart shows a bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
MACD indicator is back over 0
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near resistance of channel
Type : Bearish
Timeframe : Daily
Near resistance of triangle
Type : Bearish
Timeframe : Daily
Near horizontal support
Type : Bullish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 4.696 | 4.896 | 5.025 | 5.095 | 5.145 | 5.239 |
| Change (%) | -7.83% | -3.91% | -1.37% | - | +0.98% | +2.83% |
| Change | -0.399 | -0.199 | -0.070 | - | +0.050 | +0.144 |
| Level | Major | Major | Major | - | Major | Minor |
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 | 5.035 | 5.060 | 5.095 | 5.120 | 5.155 | 5.180 | 5.215 |
| Camarilla | 5.114 | 5.119 | 5.125 | 5.130 | 5.136 | 5.141 | 5.147 |
| Woodie | 5.040 | 5.063 | 5.100 | 5.123 | 5.160 | 5.183 | 5.220 |
| Fibonacci | 5.060 | 5.083 | 5.097 | 5.120 | 5.143 | 5.157 | 5.180 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.823 | 4.911 | 5.015 | 5.103 | 5.207 | 5.295 | 5.399 |
| Camarilla | 5.067 | 5.085 | 5.102 | 5.120 | 5.138 | 5.155 | 5.173 |
| Woodie | 4.832 | 4.915 | 5.024 | 5.107 | 5.216 | 5.299 | 5.408 |
| Fibonacci | 4.911 | 4.984 | 5.029 | 5.103 | 5.176 | 5.221 | 5.295 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.607 | 4.759 | 4.950 | 5.102 | 5.293 | 5.445 | 5.636 |
| Camarilla | 5.046 | 5.077 | 5.109 | 5.140 | 5.171 | 5.203 | 5.234 |
| Woodie | 4.626 | 4.769 | 4.969 | 5.112 | 5.312 | 5.455 | 5.655 |
| Fibonacci | 4.759 | 4.890 | 4.971 | 5.102 | 5.233 | 5.314 | 5.445 |
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): | 47.96 | |
| MACD (12,26,9): | -0.0010 | |
| Directional Movement: | 3.262 | |
| AROON (14): | -14.285 | |
| DEMA (21): | 5.117 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.011 | |
| Elder Ray (13): | -0.005 | |
| Super Trend (3,10): | 4.982 | |
| Zig ZAG (10): | 5.095 | |
| VORTEX (21): | 0.8950 | |
| Stochastique (14,3,5): | 57.47 | |
| TEMA (21): | 5.098 | |
| Williams %R (14): | -49.48 | |
| Chande Momentum Oscillator (20): | -0.005 | |
| Repulse (5,40,3): | -0.5370 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0090 | |
| Courbe Coppock: | 1.32 |
| MA7: | 5.110 | |
| MA20: | 5.120 | |
| MA50: | 5.090 | |
| MA100: | 5.020 | |
| MAexp7: | 5.108 | |
| MAexp20: | 5.114 | |
| MAexp50: | 5.088 | |
| MAexp100: | 5.004 | |
| Price / MA7: | -0.29% | |
| Price / MA20: | -0.49% | |
| Price / MA50: | +0.10% | |
| Price / MA100: | +1.49% | |
| Price / MAexp7: | -0.25% | |
| Price / MAexp20: | -0.37% | |
| Price / MAexp50: | +0.14% | |
| Price / MAexp100: | +1.82% |
This member declared not having a position on this financial instrument or a related financial instrument.
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