SQUIRREL MEDIA

- EUR (-)

- 15 min delayed data - Spain Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	SQRL
ISIN:	ES0183304080

SQUIRREL MEDIA - Daily - Technical analysis published on 05/10/2023 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bullish

Technical indicators

61%

17%

22%

My opinion

Bullish above 2.36 EUR

My targets

2.80 EUR (+8.53%)

3.00 EUR (+16.28%)

My analysis

All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on SQUIRREL MEDIA as long as the price remains well above 2.36 EUR. The buyers' bullish objective is set at 2.80 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 3.00 EUR. If there is any crossing, the next objective would be the resistance located at 3.15 EUR. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.

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

5.9

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

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Additional analysis

Quotes

The SQUIRREL MEDIA rating is 2.58 EUR. On the day, this instrument gained +5.74% and was traded between 2.30 EUR and 2.58 EUR over the period. The price is currently at +12.17% from its lowest and 0% from its highest.

2.30

2.58

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

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows an item:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 20 days

Technical

Technical analysis of this Daily chart of SQUIRREL MEDIA indicates that the overall trend is bullish. 75.00% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : Daily

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : Daily

In fact, 11 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

Ichimoku : price is over the cloud

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 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

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2.22	2.36	2.56	2.58	2.80	3.00	3.15
Change (%)	-13.95%	-8.53%	-0.78%	-	+8.53%	+16.28%	+22.09%
Change	-0.36	-0.22	-0.02	-	+0.22	+0.42	+0.57
Level	Major	Minor	Minor	-	Minor	Major	Minor

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.25	2.31	2.37	2.43	2.49	2.55	2.61
Camarilla	2.41	2.42	2.43	2.44	2.45	2.46	2.47
Woodie	2.26	2.31	2.38	2.43	2.50	2.55	2.62
Fibonacci	2.31	2.35	2.38	2.43	2.47	2.50	2.55

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.09	2.19	2.27	2.37	2.45	2.55	2.63
Camarilla	2.29	2.31	2.32	2.34	2.36	2.37	2.39
Woodie	2.07	2.19	2.25	2.37	2.43	2.55	2.61
Fibonacci	2.19	2.26	2.31	2.37	2.44	2.49	2.55

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.57	1.89	2.15	2.47	2.73	3.05	3.31
Camarilla	2.24	2.29	2.35	2.40	2.45	2.51	2.56
Woodie	1.53	1.88	2.11	2.46	2.69	3.04	3.27
Fibonacci	1.89	2.12	2.25	2.47	2.70	2.83	3.05

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):	58.07
MACD (12,26,9):	0.0100
Directional Movement:	8.47
AROON (14):	-78.57
DEMA (21):	2.42
Parabolic SAR (0,02-0,02-0,2):	2.69
Elder Ray (13):	-0.02
Super Trend (3,10):	2.22
Zig ZAG (10):	2.50
VORTEX (21):	0.9900
Stochastique (14,3,5):	46.77
TEMA (21):	2.44
Williams %R (14):	-16.67
Chande Momentum Oscillator (20):	0.04
Repulse (5,40,3):	15.6700
ROCnROLL:	1
TRIX (15,9):	0.0700
Courbe Coppock:	2.18

MA7:	2.41
MA20:	2.42
MA50:	2.38
MA100:	2.41
MAexp7:	2.43
MAexp20:	2.41
MAexp50:	2.41
MAexp100:	2.46
Price / MA7:	+7.05%
Price / MA20:	+6.61%
Price / MA50:	+8.40%
Price / MA100:	+7.05%
Price / MAexp7:	+6.17%
Price / MAexp20:	+7.05%
Price / MAexp50:	+7.05%
Price / MAexp100:	+4.88%

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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