J.MARTINS,SGPS

- EUR (-)

- 15 min delayed data - Euronext Lisbonne

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	JMT
ISIN:	PTJMT0AE0001

J.MARTINS,SGPS - 1H - Technical analysis published on 05/21/2024 (GMT)

Londinia

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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

78%

17%

My opinion

Bullish above 19.99 EUR

My targets

21.85 EUR (+4.55%)

22.92 EUR (+9.67%)

My analysis

J.MARTINS,SGPS is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 19.99 EUR. The next resistance located at 21.85 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 22.92 EUR. After this resistance, buyers could then target 23.41 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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

8.4

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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The J.MARTINS,SGPS price is 20.90 EUR. On the day, this instrument gained +0.48% with the lowest point at 20.50 EUR and the highest point at 20.90 EUR. The deviation from the price is +1.95% for the low point and 0% for the high point.

20.50

20.90

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

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

The Central Records scanner for higher/lower results shows an item:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of J.MARTINS,SGPS in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Moving Average bullish crossovers : AMA20 & AMA50

Type : Bullish

Timeframe : 1 hour

In fact, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	18.91	19.99	20.86	20.90	21.85	22.92	23.41
Change (%)	-9.52%	-4.35%	-0.19%	-	+4.55%	+9.67%	+12.01%
Change	-1.99	-0.91	-0.04	-	+0.95	+2.02	+2.51
Level	Major	Major	Major	-	Intermediate	Major	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	20.23	20.35	20.57	20.69	20.91	21.03	21.25
Camarilla	20.71	20.74	20.77	20.80	20.83	20.86	20.89
Woodie	20.29	20.38	20.63	20.72	20.97	21.06	21.31
Fibonacci	20.35	20.48	20.56	20.69	20.82	20.90	21.03

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	19.02	19.37	19.95	20.30	20.88	21.23	21.81
Camarilla	20.26	20.35	20.44	20.52	20.61	20.69	20.78
Woodie	19.13	19.43	20.06	20.36	20.99	21.29	21.92
Fibonacci	19.37	19.73	19.95	20.30	20.66	20.88	21.23

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	14.65	15.86	17.30	18.51	19.95	21.16	22.60
Camarilla	18.00	18.24	18.49	18.73	18.97	19.22	19.46
Woodie	14.76	15.92	17.41	18.57	20.06	21.22	22.71
Fibonacci	15.86	16.88	17.50	18.51	19.53	20.15	21.16

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):	66.50
MACD (12,26,9):	0.1300
Directional Movement:	21.21
AROON (14):	92.86
DEMA (21):	20.86
Parabolic SAR (0,02-0,02-0,2):	20.54
Elder Ray (13):	0.13
Super Trend (3,10):	20.56
Zig ZAG (10):	20.88
VORTEX (21):	1.1500
Stochastique (14,3,5):	98.33
TEMA (21):	20.86
Williams %R (14):	-5.00
Chande Momentum Oscillator (20):	0.12
Repulse (5,40,3):	0.6900
ROCnROLL:	1
TRIX (15,9):	0.0900
Courbe Coppock:	1.84

MA7:	20.35
MA20:	19.34
MA50:	18.54
MA100:	19.79
MAexp7:	20.80
MAexp20:	20.68
MAexp50:	20.39
MAexp100:	19.95
Price / MA7:	+2.70%
Price / MA20:	+8.07%
Price / MA50:	+12.73%
Price / MA100:	+5.61%
Price / MAexp7:	+0.48%
Price / MAexp20:	+1.06%
Price / MAexp50:	+2.50%
Price / MAexp100:	+4.76%

Quotes : - 15 min delayed data - Euronext Lisbonne

News

The latest news and videos published on J.MARTINS,SGPS at the time of the analysis were as follows:

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

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