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 07/04/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

50%

44%

My opinion

Bearish under 2.43 EUR

My targets

2.23 EUR (-2.19%)

1.90 EUR (-16.67%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on SQUIRREL MEDIA. As long as you are under the resistance located at 2.43 EUR, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 2.23 EUR would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 1.90 EUR as an objective. If the resistance 2.43 EUR were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.

Force

1.1

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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The SQUIRREL MEDIA price is 2.28 EUR. The price registered a decrease of -1.72% on the session with the lowest point at 2.22 EUR and the highest point at 2.28 EUR. The deviation from the price is +2.70% for the low point and 0% for the high point.

2.22

2.28

A study of price movements over other periods shows the following variations:

Technical

Technical analysis of this Daily chart of SQUIRREL MEDIA indicates that the overall trend is bearish. The signals given by moving averages are 71.43% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bullish. The Central Indicators scanner found no further results concerning independent technical indicators.

The analysis of the price chart with Central Patterns scanners does not return any result.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	1.90	2.23	2.28	2.30	2.56	2.80
Change (%)	-16.67%	-2.19%	-	+0.88%	+12.28%	+22.81%
Change	-0.38	-0.05	-	+0.02	+0.28	+0.52
Level	Minor	Major	-	Intermediate	Intermediate	Intermediate

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	2.15	2.19	2.25	2.29	2.35	2.39	2.45
Camarilla	2.29	2.30	2.31	2.32	2.33	2.34	2.35
Woodie	2.17	2.20	2.27	2.30	2.37	2.40	2.47
Fibonacci	2.19	2.23	2.25	2.29	2.33	2.35	2.39

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.05	2.13	2.23	2.31	2.41	2.49	2.59
Camarilla	2.27	2.29	2.30	2.32	2.34	2.35	2.37
Woodie	2.05	2.14	2.23	2.32	2.41	2.50	2.59
Fibonacci	2.13	2.20	2.25	2.31	2.38	2.43	2.49

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.95	2.05	2.19	2.29	2.43	2.53	2.67
Camarilla	2.25	2.28	2.30	2.32	2.34	2.36	2.39
Woodie	1.96	2.06	2.20	2.30	2.44	2.54	2.68
Fibonacci	2.05	2.15	2.20	2.29	2.39	2.44	2.53

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):	50.30
MACD (12,26,9):	-0.0100
Directional Movement:	16.77
AROON (14):	21.43
DEMA (21):	2.25
Parabolic SAR (0,02-0,02-0,2):	2.18
Elder Ray (13):	-0.01
Super Trend (3,10):	2.38
Zig ZAG (10):	2.28
VORTEX (21):	0.8100
Stochastique (14,3,5):	47.22
TEMA (21):	2.26
Williams %R (14):	-50.00
Chande Momentum Oscillator (20):	-0.02
Repulse (5,40,3):	2.3800
ROCnROLL:	-1
TRIX (15,9):	-0.1400
Courbe Coppock:	0.86

MA7:	2.26
MA20:	2.26
MA50:	2.32
MA100:	2.36
MAexp7:	2.27
MAexp20:	2.27
MAexp50:	2.30
MAexp100:	2.37
Price / MA7:	+0.88%
Price / MA20:	+0.88%
Price / MA50:	-1.72%
Price / MA100:	-3.39%
Price / MAexp7:	+0.44%
Price / MAexp20:	+0.44%
Price / MAexp50:	-0.87%
Price / MAexp100:	-3.80%

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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