AMADEUS IT - 1H - Technical analysis published on 04/15/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
78%
11%
My opinion
Bearish under 57.80 EUR
My targets
56.48 EUR (-0.67%)
56.04 EUR (-1.44%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on AMADEUS IT as long as the price remains well below 57.80 EUR. The sellers' bearish objective is set at 56.48 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 56.04 EUR. In case of crossing, the next objective would be the support located at 55.59 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
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
7.1
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:
Additional analysis
Quotes
The AMADEUS IT price is 56.86 EUR. The price registered a decrease of -0.42% on the session with the lowest point at 56.74 EUR and the highest point at 57.56 EUR. The deviation from the price is +0.21% for the low point and -1.22% for the high point.56.74
57.56
56.86
The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by AMADEUS IT:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of AMADEUS IT indicates that the overall trend is strongly bearish. 82.14% 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The probability of a further decline is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
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:
Near support of channel
Type : Bullish
Timeframe : 1 hour
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of these bullish patterns in Japanese candlesticks:
Bullish harami
Type : Bullish
Timeframe : 1 hour
Bullish harami cross
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 55.59 | 56.04 | 56.48 | 56.86 | 56.89 | 57.80 | 58.53 |
| Change (%) | -2.23% | -1.44% | -0.67% | - | +0.05% | +1.65% | +2.94% |
| Change | -1.27 | -0.82 | -0.38 | - | +0.03 | +0.94 | +1.67 |
| Level | Major | Minor | Minor | - | Major | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 55.18 | 56.14 | 56.62 | 57.58 | 58.06 | 59.02 | 59.50 |
| Camarilla | 56.70 | 56.84 | 56.97 | 57.10 | 57.23 | 57.36 | 57.50 |
| Woodie | 54.94 | 56.02 | 56.38 | 57.46 | 57.82 | 58.90 | 59.26 |
| Fibonacci | 56.14 | 56.69 | 57.03 | 57.58 | 58.13 | 58.47 | 59.02 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 54.30 | 55.46 | 56.28 | 57.44 | 58.26 | 59.42 | 60.24 |
| Camarilla | 56.56 | 56.74 | 56.92 | 57.10 | 57.28 | 57.46 | 57.65 |
| Woodie | 54.13 | 55.38 | 56.11 | 57.36 | 58.09 | 59.34 | 60.07 |
| Fibonacci | 55.46 | 56.22 | 56.68 | 57.44 | 58.20 | 58.66 | 59.42 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 53.37 | 54.83 | 57.13 | 58.59 | 60.89 | 62.35 | 64.65 |
| Camarilla | 58.41 | 58.75 | 59.10 | 59.44 | 59.79 | 60.13 | 60.47 |
| Woodie | 53.80 | 55.04 | 57.56 | 58.80 | 61.32 | 62.56 | 65.08 |
| Fibonacci | 54.83 | 56.26 | 57.15 | 58.59 | 60.02 | 60.91 | 62.35 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 35.14 | |
| MACD (12,26,9): | -0.1500 | |
| Directional Movement: | -7.46 | |
| AROON (14): | -71.43 | |
| DEMA (21): | 57.50 | |
| Parabolic SAR (0,02-0,02-0,2): | 58.30 | |
| Elder Ray (13): | -0.67 | |
| Super Trend (3,10): | 58.05 | |
| Zig ZAG (10): | 56.84 | |
| VORTEX (21): | 0.8400 | |
| Stochastique (14,3,5): | 6.49 | |
| TEMA (21): | 57.26 | |
| Williams %R (14): | -94.44 | |
| Chande Momentum Oscillator (20): | -1.08 | |
| Repulse (5,40,3): | -1.2100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 1.65 |
| MA7: | 57.35 | |
| MA20: | 57.89 | |
| MA50: | 59.31 | |
| MA100: | 61.71 | |
| MAexp7: | 57.27 | |
| MAexp20: | 57.61 | |
| MAexp50: | 57.65 | |
| MAexp100: | 57.74 | |
| Price / MA7: | -0.85% | |
| Price / MA20: | -1.78% | |
| Price / MA50: | -4.13% | |
| Price / MA100: | -7.86% | |
| Price / MAexp7: | -0.72% | |
| Price / MAexp20: | -1.30% | |
| Price / MAexp50: | -1.37% | |
| Price / MAexp100: | -1.52% |
Quotes :
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15 min delayed data
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Spain Stocks
News
Don't forget to follow the news on AMADEUS IT. At the time of publication of this analysis, the latest news was as follows:
- Gant Travel Pioneers in North America With the Launch of Cytric Easy by Amadeus
- Amadeus and Emburse to Simplify Travel and Expense for Global Enterprises with Strategic Partnership
- Travel Industry to Benefit From Enhanced Flight Search and Booking From Cirium and Amadeus Deal
- Canada Jetlines Partners with Amadeus for Global Distribution Agreement
- Amadeus Integrates IBM Digital Health Pass Into Its Digital Health Verification Technology
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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