INTESA SANPAOLO - 1H - Technical analysis published on 12/05/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 3.7560 EUR
My targets
3.9213 EUR (+3.57%)
3.9591 EUR (+4.57%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on INTESA SANPAOLO as long as the price remains well above 3.7560 EUR. The buyers' bullish objective is set at 3.9213 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 3.9591 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.9
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Additional analysis
Quotes
The INTESA SANPAOLO price is 3.7860 EUR. The price has increased by +1.46% since the last closing and was traded between 3.7345 EUR and 3.7965 EUR over the period. The price is currently at +1.38% from its lowest and -0.28% from its highest.3.7345
3.7965
3.7860
Here is a more detailed summary of the historical variations registered by INTESA SANPAOLO:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this INTESA SANPAOLO chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 3.6320 | 3.7109 | 3.7560 | 3.7860 | 3.9213 | 3.9591 |
| Change (%) | -4.07% | -1.98% | -0.79% | - | +3.57% | +4.57% |
| Change | -0.1540 | -0.0751 | -0.0300 | - | +0.1353 | +0.1731 |
| Level | Major | Minor | Major | - | Intermediate | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.6195 | 3.6505 | 3.6910 | 3.7220 | 3.7625 | 3.7935 | 3.8340 |
| Camarilla | 3.7118 | 3.7184 | 3.7250 | 3.7315 | 3.7381 | 3.7446 | 3.7512 |
| Woodie | 3.6243 | 3.6529 | 3.6958 | 3.7244 | 3.7673 | 3.7959 | 3.8388 |
| Fibonacci | 3.6505 | 3.6778 | 3.6947 | 3.7220 | 3.7493 | 3.7662 | 3.7935 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.3930 | 3.4540 | 3.5405 | 3.6015 | 3.6880 | 3.7490 | 3.8355 |
| Camarilla | 3.5864 | 3.6000 | 3.6135 | 3.6270 | 3.6405 | 3.6540 | 3.6676 |
| Woodie | 3.4058 | 3.4604 | 3.5533 | 3.6079 | 3.7008 | 3.7554 | 3.8483 |
| Fibonacci | 3.4540 | 3.5104 | 3.5452 | 3.6015 | 3.6579 | 3.6927 | 3.7490 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.9975 | 3.2563 | 3.4416 | 3.7004 | 3.8857 | 4.1445 | 4.3298 |
| Camarilla | 3.5049 | 3.5456 | 3.5863 | 3.6270 | 3.6677 | 3.7084 | 3.7491 |
| Woodie | 2.9609 | 3.2379 | 3.4050 | 3.6820 | 3.8491 | 4.1261 | 4.2932 |
| Fibonacci | 3.2563 | 3.4259 | 3.5307 | 3.7004 | 3.8700 | 3.9748 | 4.1445 |
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): | 76.66 | |
| MACD (12,26,9): | 0.0350 | |
| Directional Movement: | 32.1731 | |
| AROON (14): | 78.5714 | |
| DEMA (21): | 3.7637 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.7263 | |
| Elder Ray (13): | 0.0539 | |
| Super Trend (3,10): | 3.7308 | |
| Zig ZAG (10): | 3.7895 | |
| VORTEX (21): | 1.3913 | |
| Stochastique (14,3,5): | 88.27 | |
| TEMA (21): | 3.7781 | |
| Williams %R (14): | -4.62 | |
| Chande Momentum Oscillator (20): | 0.1045 | |
| Repulse (5,40,3): | 1.2259 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1224 | |
| Courbe Coppock: | 3.91 |
| MA7: | 3.6629 | |
| MA20: | 3.6731 | |
| MA50: | 3.7041 | |
| MA100: | 3.6050 | |
| MAexp7: | 3.7570 | |
| MAexp20: | 3.7198 | |
| MAexp50: | 3.6746 | |
| MAexp100: | 3.6633 | |
| Price / MA7: | +3.36% | |
| Price / MA20: | +3.07% | |
| Price / MA50: | +2.21% | |
| Price / MA100: | +5.02% | |
| Price / MAexp7: | +0.77% | |
| Price / MAexp20: | +1.78% | |
| Price / MAexp50: | +3.03% | |
| Price / MAexp100: | +3.35% |
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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