MASMOVIL
MASMOVIL
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: MAS
ISIN: ES0184696104

MASMOVIL - Daily - Technical analysis published on 11/26/2019 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Bearish
Technical indicators
17%
67%
17%
My opinion
Bearish under 19.10 EUR
My targets
17.62 EUR (-7.17%)
16.26 EUR (-14.33%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on MASMOVIL as long as the price remains well below 19.10 EUR. The sellers” bearish objective is set at 17.62 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 16.26 EUR. In case of crossing, the next objective would be the support located at 11.36 EUR.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
FORCE
0
10
6.3

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 Vincent Launay.

Additional analysis

Quotes

The MASMOVIL price is 18.98 EUR. The price has increased by +0.26% since the last closing with the lowest point at 18.80 EUR and the highest point at 19.43 EUR. The deviation from the price is +0.96% for the low point and -2.32% for the high point.

18.80
19.43
18.98

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by MASMOVIL:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of MASMOVIL in Daily shows an overall bearish trend. 78.57% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a bearish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : Daily


CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

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

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



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

The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Central Candlesticks

Three black crows

Type : Bearish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 11.36 16.26 17.62 18.98 19.10 19.81 21.30
Change (%) -40.15% -14.33% -7.17% - +0.63% +4.37% +12.22%
Change -7.62 -2.72 -1.36 - +0.12 +0.83 +2.32
Level Minor Minor Major - Intermediate Intermediate Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard18.3818.5618.7518.9319.1219.3019.49
Camarilla18.8318.8618.9018.9318.9619.0019.03
Woodie18.3818.5618.7518.9319.1219.3019.49
Fibonacci18.5618.7118.7918.9319.0819.1619.30


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard17.6318.2718.6119.2519.5920.2320.57
Camarilla18.6818.7718.8618.9519.0419.1319.22
Woodie17.4818.2018.4619.1819.4420.1620.42
Fibonacci18.2718.6418.8819.2519.6219.8620.23


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13.4916.3118.5121.3323.5326.3528.55
Camarilla19.3419.8020.2620.7221.1821.6422.10
Woodie13.1916.1618.2121.1823.2326.2028.25
Fibonacci16.3118.2219.4121.3323.2424.4326.35

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 29.67
MACD (12,26,9): -0.6600
Directional Movement: -10.70
AROON (14): -85.72
DEMA (21): 19.18
Parabolic SAR (0,02-0,02-0,2): 20.45
Elder Ray (13): -0.46
Super Trend (3,10): 20.69
Zig ZAG (10): 18.87
VORTEX (21): 0.8000
Stochastique (14,3,5): 3.84
TEMA (21): 18.57
Williams %R (14): -95.96
Chande Momentum Oscillator (20): -2.39
Repulse (5,40,3): -5.0500
ROCnROLL: 2
TRIX (15,9): -0.3700
Courbe Coppock: 17.01
MA7: 19.08
MA20: 20.04
MA50: 20.90
MA100: 20.11
MAexp7: 19.16
MAexp20: 19.95
MAexp50: 20.39
MAexp100: 20.24
Price / MA7: -0.52%
Price / MA20: -5.29%
Price / MA50: -9.19%
Price / MA100: -5.62%
Price / MAexp7: -0.94%
Price / MAexp20: -4.86%
Price / MAexp50: -6.92%
Price / MAexp100: -6.23%

This member declared not having a position on this financial instrument or a related financial instrument.

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