NATURGY

- EUR (-)

- 15 min delayed data - Spain Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	NTGY
ISIN:	ES0116870314

NATURGY - Daily - Technical analysis published on 12/19/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

56%

39%

My opinion

Bullish above 26.45 EUR

My targets

27.73 EUR (+2.25%)

My analysis

Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 26.45 EUR remains possible. It is advisable to trade NATURGY with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 26.45 EUR. The next bullish objective for buyers is set at 27.73 EUR. A bullish break in this resistance would boost the bullish momentum. PS: if there is a bearish break in the support located at 26.45 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

Technical indicators are opposing the general bullish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.

Force

1.6

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.

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Additional analysis

Quotes

The NATURGY rating is 27.12 EUR. On the day, this instrument lost -0.37% and was between 26.94 EUR and 27.28 EUR. This implies that the price is at +0.67% from its lowest and at -0.59% from its highest.

26.94

27.28

27.12

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

Bullish opening

Type : Bullish

Timeframe : Openning

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

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of NATURGY indicates that the overall trend is bullish. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : Daily

In fact, 10 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

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:

Near support of channel

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	24.99	25.48	26.45	27.12	27.21	27.73	28.12
Change (%)	-7.85%	-6.05%	-2.47%	-	+0.33%	+2.25%	+3.69%
Change	-2.13	-1.64	-0.67	-	+0.09	+0.61	+1.00
Level	Intermediate	Minor	Minor	-	Major	Major	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	26.62	26.90	27.06	27.34	27.50	27.78	27.94
Camarilla	27.10	27.14	27.18	27.22	27.26	27.30	27.34
Woodie	26.56	26.87	27.00	27.31	27.44	27.75	27.88
Fibonacci	26.90	27.07	27.17	27.34	27.51	27.61	27.78

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	26.45	26.99	27.37	27.91	28.29	28.83	29.21
Camarilla	27.51	27.59	27.68	27.76	27.84	27.93	28.01
Woodie	26.38	26.95	27.30	27.87	28.22	28.79	29.14
Fibonacci	26.99	27.34	27.56	27.91	28.26	28.48	28.83

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	24.69	25.34	26.38	27.03	28.07	28.72	29.76
Camarilla	26.96	27.11	27.27	27.42	27.58	27.73	27.89
Woodie	24.89	25.44	26.58	27.13	28.27	28.82	29.96
Fibonacci	25.34	25.99	26.38	27.03	27.68	28.07	28.72

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):	45.68
MACD (12,26,9):	0.2200
Directional Movement:	-1.32
AROON (14):	-21.43
DEMA (21):	27.84
Parabolic SAR (0,02-0,02-0,2):	28.39
Elder Ray (13):	-0.48
Super Trend (3,10):	27.04
Zig ZAG (10):	27.12
VORTEX (21):	0.9800
Stochastique (14,3,5):	23.40
TEMA (21):	27.77
Williams %R (14):	-88.00
Chande Momentum Oscillator (20):	-0.34
Repulse (5,40,3):	-2.0300
ROCnROLL:	-1
TRIX (15,9):	0.1900
Courbe Coppock:	2.57

MA7:	27.69
MA20:	27.59
MA50:	26.80
MA100:	26.29
MAexp7:	27.56
MAexp20:	27.49
MAexp50:	26.98
MAexp100:	26.54
Price / MA7:	-2.06%
Price / MA20:	-1.70%
Price / MA50:	+1.19%
Price / MA100:	+3.16%
Price / MAexp7:	-1.60%
Price / MAexp20:	-1.35%
Price / MAexp50:	+0.52%
Price / MAexp100:	+2.19%

Quotes : - 15 min delayed data - Spain Stocks

News

Don't forget to follow the news on NATURGY. At the time of publication of this analysis, the latest news was as follows:

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

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