MASMOVIL - Daily - Technical analysis published on 11/26/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
MASMOVIL Chart
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
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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.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by MASMOVIL:
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:
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
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:
Three black crows
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| 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 |
|---|---|---|---|---|---|---|---|
| Standard | 18.38 | 18.56 | 18.75 | 18.93 | 19.12 | 19.30 | 19.49 |
| Camarilla | 18.83 | 18.86 | 18.90 | 18.93 | 18.96 | 19.00 | 19.03 |
| Woodie | 18.38 | 18.56 | 18.75 | 18.93 | 19.12 | 19.30 | 19.49 |
| Fibonacci | 18.56 | 18.71 | 18.79 | 18.93 | 19.08 | 19.16 | 19.30 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17.63 | 18.27 | 18.61 | 19.25 | 19.59 | 20.23 | 20.57 |
| Camarilla | 18.68 | 18.77 | 18.86 | 18.95 | 19.04 | 19.13 | 19.22 |
| Woodie | 17.48 | 18.20 | 18.46 | 19.18 | 19.44 | 20.16 | 20.42 |
| Fibonacci | 18.27 | 18.64 | 18.88 | 19.25 | 19.62 | 19.86 | 20.23 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.49 | 16.31 | 18.51 | 21.33 | 23.53 | 26.35 | 28.55 |
| Camarilla | 19.34 | 19.80 | 20.26 | 20.72 | 21.18 | 21.64 | 22.10 |
| Woodie | 13.19 | 16.16 | 18.21 | 21.18 | 23.23 | 26.20 | 28.25 |
| Fibonacci | 16.31 | 18.22 | 19.41 | 21.33 | 23.24 | 24.43 | 26.35 |
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% |
News
The latest news and videos published on MASMOVIL at the time of the analysis were as follows:
- MASMOVIL Group increases its service revenue by 23% to 1,058M€, its EBITDA by 40% to 337M€ and adds more than 1M of fixed broadband and postpaid mobile customers in the first 9 months of the year
- MASMOVIL Group continues to lead the customer acquisition of the Spanish market and obtains record revenue and EBITDA in the first half of the year
- MASMOVIL Group obtains a net profit of 22 million euros (+ 168 %) in the first quarter of the year
- MASMOVIL agrees to repurchase Providence Convertible Bond in full and refinances its existing debt, doubling its maturity
- MASMOVIL Group reaches a revenue of 1,451 M € (+12 %) in 2018, a net profit of 71M€, and improves its forecasts in the short and medium term
This member declared not having a position on this financial instrument or a related financial instrument.
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