OSAI AUTOMATION SYSTEM
OSAI AUTOMATION SYSTEM
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: OSA
ISIN: IT0005424830

OSAI AUTOMATION SYSTEM - 1H - Technical analysis published on 10/31/2023 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 1.450 EUR
My targets
1.517 EUR (+3.88%)
1.573 EUR (+7.76%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on OSAI AUTOMATION SYSTEM. This is a positive signal for buyers. As long as the price remains above 1.450 EUR, a purchase could be considered. The first bullish objective is located at 1.517 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.573 EUR as an objective. Crossing it would then enable buyers to target 1.647 EUR. In the event of a return below 1.450 EUR, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

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
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 Londinia.

Additional analysis

Quotes

The OSAI AUTOMATION SYSTEM price is 1.460 EUR. The price registered an increase of +7.35% on the session and was between 1.360 EUR and 1.495 EUR. This implies that the price is at +7.35% from its lowest and at -2.34% from its highest.

1.360
1.495
1.460

A study of price movements over other periods shows the following variations:
The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of OSAI AUTOMATION SYSTEM in 1H shows an overall bullish trend. 75.00% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The probability of a further increase are moderate given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

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

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour



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

Bearish harami

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.277 1.369 1.450 1.460 1.647 1.857 2.080
Change (%) -12.53% -6.23% -0.68% - +12.81% +27.19% +42.47%
Change -0.183 -0.091 -0.010 - +0.187 +0.397 +0.620
Level Minor Intermediate Minor - Minor Minor 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
Standard1.2471.3031.3821.4381.5171.5731.652
Camarilla1.4231.4351.4481.4601.4721.4851.497
Woodie1.2581.3091.3931.4441.5281.5791.663
Fibonacci1.3031.3551.3871.4381.4901.5221.573


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.2471.3031.3821.4381.5171.5731.652
Camarilla1.4231.4351.4481.4601.4721.4851.497
Woodie1.2581.3091.3931.4441.5281.5791.663
Fibonacci1.3031.3551.3871.4381.4901.5221.573


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.7381.2971.5832.1422.4282.9873.273
Camarilla1.6381.7151.7931.8701.9482.0252.102
Woodie0.6031.2291.4482.0742.2932.9193.138
Fibonacci1.2971.6201.8192.1422.4652.6642.987

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): 61.09
MACD (12,26,9): 0.0510
Directional Movement: 29.869
AROON (14): 92.857
DEMA (21): 1.451
Parabolic SAR (0,02-0,02-0,2): 1.420
Elder Ray (13): 0.034
Super Trend (3,10): 1.344
Zig ZAG (10): 1.460
VORTEX (21): 0.8550
Stochastique (14,3,5): 80.43
TEMA (21): 1.480
Williams %R (14): -21.21
Chande Momentum Oscillator (20): 0.110
Repulse (5,40,3): 3.2740
ROCnROLL: 1
TRIX (15,9): 0.4990
Courbe Coppock: 18.02
MA7: 1.283
MA20: 1.459
MA50: 2.037
MA100: 2.430
MAexp7: 1.444
MAexp20: 1.388
MAexp50: 1.338
MAexp100: 1.386
Price / MA7: +13.80%
Price / MA20: +0.07%
Price / MA50: -28.33%
Price / MA100: -39.92%
Price / MAexp7: +1.11%
Price / MAexp20: +5.19%
Price / MAexp50: +9.12%
Price / MAexp100: +5.34%

Quotes : - 15 min delayed data - Italy Stocks

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

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