INTESA SANPAOLO - 1H - Technical analysis published on 11/08/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
39%
50%
11%
My opinion
Bearish under 3.8964 EUR
My targets
3.7975 EUR (-1.20%)
3.7630 EUR (-2.09%)
My analysis
The bearish trend is currently very strong for INTESA SANPAOLO. As long as the price remains below the resistance at 3.8964 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 3.7975 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 3.7630 EUR as an objective. Crossing it would then enable sellers to target 3.3513 EUR. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
5.7
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Additional analysis
Quotes
The INTESA SANPAOLO price is 3.8435 EUR. On the day, this instrument lost -0.30% and was traded between 3.7975 EUR and 3.8560 EUR over the period. The price is currently at +1.21% from its lowest and -0.32% from its highest.3.7975
3.8560
3.8435
A study of price movements over other periods shows the following variations:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this INTESA SANPAOLO chart shows a sharp bearish trend. 85.71% 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, of the 18 technical indicators analysed by Central Analyzer, 7 are bullish, 2 are neutral and 9 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.3513 | 3.7630 | 3.7975 | 3.8435 | 3.8480 | 3.8964 | 3.9395 |
| Change (%) | -12.81% | -2.09% | -1.20% | - | +0.12% | +1.38% | +2.50% |
| Change | -0.4922 | -0.0805 | -0.0460 | - | +0.0045 | +0.0529 | +0.0960 |
| Level | Intermediate | Minor | Major | - | Intermediate | Intermediate | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 3.6230 | 3.7350 | 3.7950 | 3.9070 | 3.9670 | 4.0790 | 4.1390 |
| Camarilla | 3.8077 | 3.8235 | 3.8392 | 3.8550 | 3.8708 | 3.8865 | 3.9023 |
| Woodie | 3.5970 | 3.7220 | 3.7690 | 3.8940 | 3.9410 | 4.0660 | 4.1130 |
| Fibonacci | 3.7350 | 3.8007 | 3.8413 | 3.9070 | 3.9727 | 4.0133 | 4.0790 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.7400 | 3.8045 | 3.9190 | 3.9835 | 4.0980 | 4.1625 | 4.2770 |
| Camarilla | 3.9843 | 4.0007 | 4.0171 | 4.0335 | 4.0499 | 4.0663 | 4.0827 |
| Woodie | 3.7650 | 3.8170 | 3.9440 | 3.9960 | 4.1230 | 4.1750 | 4.3020 |
| Fibonacci | 3.8045 | 3.8729 | 3.9151 | 3.9835 | 4.0519 | 4.0941 | 4.1625 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.3888 | 3.5237 | 3.7303 | 3.8652 | 4.0718 | 4.2067 | 4.4133 |
| Camarilla | 3.8431 | 3.8744 | 3.9057 | 3.9370 | 3.9683 | 3.9996 | 4.0309 |
| Woodie | 3.4248 | 3.5416 | 3.7663 | 3.8831 | 4.1078 | 4.2246 | 4.4493 |
| Fibonacci | 3.5237 | 3.6541 | 3.7347 | 3.8652 | 3.9956 | 4.0762 | 4.2067 |
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): | 30.89 | |
| MACD (12,26,9): | -0.0563 | |
| Directional Movement: | -28.3904 | |
| AROON (14): | -78.5714 | |
| DEMA (21): | 3.8414 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.8561 | |
| Elder Ray (13): | -0.0384 | |
| Super Trend (3,10): | 3.9086 | |
| Zig ZAG (10): | 3.8375 | |
| VORTEX (21): | 0.6513 | |
| Stochastique (14,3,5): | 15.43 | |
| TEMA (21): | 3.8011 | |
| Williams %R (14): | -81.26 | |
| Chande Momentum Oscillator (20): | -0.1100 | |
| Repulse (5,40,3): | 0.2209 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1739 | |
| Courbe Coppock: | 7.89 |
| MA7: | 3.9726 | |
| MA20: | 3.9463 | |
| MA50: | 3.8395 | |
| MA100: | 3.7152 | |
| MAexp7: | 3.8471 | |
| MAexp20: | 3.9098 | |
| MAexp50: | 3.9618 | |
| MAexp100: | 3.9613 | |
| Price / MA7: | -3.25% | |
| Price / MA20: | -2.60% | |
| Price / MA50: | +0.10% | |
| Price / MA100: | +3.45% | |
| Price / MAexp7: | -0.09% | |
| Price / MAexp20: | -1.70% | |
| Price / MAexp50: | -2.99% | |
| Price / MAexp100: | -2.97% |
Quotes :
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15 min delayed data
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Italy Stocks
News
Don't forget to follow the news on INTESA SANPAOLO. At the time of publication of this analysis, the latest news was as follows:
- REYL Intesa Sanpaolo receives regulatory approval for its governance transition as of July 1st, 2024. François REYL to join the Board of Directors and Pasha Bakhtiar to become CEO
- REYL Intesa Sanpaolo receives regulatory approval for its governance transition as of July 1st, 2024. François REYL to join the Board of Directors and Pasha Bakhtiar to become CEO
- REYL Intesa Sanpaolo shines a spotlight on renewables
- REYL Intesa Sanpaolo shines a spotlight on renewables
- Montran provides Multi-Currency Virtual Account Management Platform to Intesa Sanpaolo
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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