FERROVIAL SE
FERROVIAL SE
- EUR (-)
- 15 min delayed data - Spain Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: FER
ISIN: NL0015001FS8

FERROVIAL SE - Daily - Technical analysis published on 10/23/2023 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
17%
50%
33%
My opinion
Bearish under 28.79 EUR
My targets
27.34 EUR (-2.29%)
26.58 EUR (-5.00%)
My analysis
FERROVIAL SE is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 28.79 EUR. The next support located at 27.34 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 26.58 EUR. Below this support, sellers could then target 25.54 EUR. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

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
6.8

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:
15 min. 1H Weekly

Additional analysis

Quotes

FERROVIAL SE rating 27.98 EUR. The price is lower by -0.29% since the last closing and was traded between 27.96 EUR and 28.22 EUR over the period. The price is currently at +0.07% from its lowest and -0.85% from its highest.

27.96
28.22
27.98

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



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


A technical analysis in Daily of this FERROVIAL SE chart shows a sharp bearish trend. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Central Indicators

Moving Average bearish crossovers : MA50 & MA100

Type : Bearish

Timeframe : Daily



An assessment of technical indicators shows a slightly bearish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator: bullish divergence

Type : Bullish

Timeframe : Daily


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Daily



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : Daily



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 25.54 26.58 27.34 27.98 28.08 28.79 29.48
Change (%) -8.72% -5.00% -2.29% - +0.36% +2.89% +5.36%
Change -2.44 -1.40 -0.64 - +0.10 +0.81 +1.50
Level Intermediate Minor Intermediate - Major Minor Major



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
Standard27.6927.8527.9628.1228.2328.3928.50
Camarilla27.9928.0128.0428.0628.0928.1128.13
Woodie27.6627.8427.9328.1128.2028.3828.47
Fibonacci27.8527.9628.0228.1228.2328.2928.39


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard26.1127.0727.5628.5229.0129.9730.46
Camarilla27.6627.7927.9328.0628.1928.3328.46
Woodie25.8926.9527.3428.4028.7929.8530.24
Fibonacci27.0727.6227.9628.5229.0729.4129.97


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard26.5927.7428.3629.5130.1331.2831.90
Camarilla28.4828.6528.8128.9729.1329.3029.46
Woodie26.3227.6128.0929.3829.8631.1531.63
Fibonacci27.7428.4228.8429.5130.1930.6131.28

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): 36.78
MACD (12,26,9): -0.2500
Directional Movement: -14.83
AROON (14): 50.00
DEMA (21): 28.53
Parabolic SAR (0,02-0,02-0,2): 29.80
Elder Ray (13): -0.61
Super Trend (3,10): 29.43
Zig ZAG (10): 28.04
VORTEX (21): 0.7300
Stochastique (14,3,5): 10.71
TEMA (21): 28.38
Williams %R (14): -96.94
Chande Momentum Oscillator (20): -0.16
Repulse (5,40,3): -1.6700
ROCnROLL: 2
TRIX (15,9): -0.1000
Courbe Coppock: 1.12
MA7: 28.74
MA20: 28.77
MA50: 29.20
MA100: 29.22
MAexp7: 28.51
MAexp20: 28.83
MAexp50: 29.09
MAexp100: 28.94
Price / MA7: -2.64%
Price / MA20: -2.75%
Price / MA50: -4.18%
Price / MA100: -4.24%
Price / MAexp7: -1.86%
Price / MAexp20: -2.95%
Price / MAexp50: -3.82%
Price / MAexp100: -3.32%

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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