MAPFRE

- EUR (-)

- 15 min delayed data - Spain Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	MAP
ISIN:	ES0124244E34

MAPFRE - 1H - Technical analysis published on 11/04/2024 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

44%

17%

39%

My opinion

Bullish above 2.602 EUR

My targets

2.644 EUR (+0.84%)

2.696 EUR (+2.82%)

My analysis

The basic bullish trend is very strong on MAPFRE but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 2.602 EUR. Crossing the first resistance at 2.644 EUR would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 2.696 EUR as an objective. Caution, a return to below 2.602 EUR would be a sign of a consolidation phase in the short-term basic trend. 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 confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

6.3

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 gsanzmagallon. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The MAPFRE price is 2.622 EUR. On the day, this instrument lost -0.15% with the lowest point at 2.584 EUR and the highest point at 2.644 EUR. The deviation from the price is +1.47% for the low point and -0.83% for the high point.

2.584

2.644

2.622

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

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 the following items:

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 MAPFRE in 1H shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. An assessment of moving averages reveals a bullish signal that could impact this trend:

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour

The analysis of the price chart with Central Patterns scanners does not return any result.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	2.466	2.532	2.602	2.622	2.644	2.696
Change (%)	-5.95%	-3.43%	-0.76%	-	+0.84%	+2.82%
Change	-0.156	-0.090	-0.020	-	+0.022	+0.074
Level	Intermediate	Intermediate	Minor	-	Minor	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.529	2.557	2.589	2.617	2.649	2.677	2.709
Camarilla	2.606	2.611	2.617	2.622	2.628	2.633	2.639
Woodie	2.532	2.558	2.592	2.618	2.652	2.678	2.712
Fibonacci	2.557	2.580	2.594	2.617	2.640	2.654	2.677

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.417	2.441	2.481	2.505	2.545	2.569	2.609
Camarilla	2.502	2.508	2.514	2.520	2.526	2.532	2.538
Woodie	2.424	2.445	2.488	2.509	2.552	2.573	2.616
Fibonacci	2.441	2.466	2.481	2.505	2.530	2.545	2.569

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.083	2.219	2.423	2.559	2.763	2.899	3.103
Camarilla	2.533	2.564	2.595	2.626	2.657	2.688	2.720
Woodie	2.116	2.236	2.456	2.576	2.796	2.916	3.136
Fibonacci	2.219	2.349	2.430	2.559	2.689	2.770	2.899

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):	52.10
MACD (12,26,9):	0.0000
Directional Movement:	-4.231
AROON (14):	-28.572
DEMA (21):	2.622
Parabolic SAR (0,02-0,02-0,2):	2.652
Elder Ray (13):	0.003
Super Trend (3,10):	2.651
Zig ZAG (10):	2.622
VORTEX (21):	1.0060
Stochastique (14,3,5):	61.11
TEMA (21):	2.611
Williams %R (14):	-36.67
Chande Momentum Oscillator (20):	0.002
Repulse (5,40,3):	0.4340
ROCnROLL:	1
TRIX (15,9):	0.0050
Courbe Coppock:	0.33

MA7:	2.594
MA20:	2.511
MA50:	2.397
MA100:	2.284
MAexp7:	2.618
MAexp20:	2.620
MAexp50:	2.603
MAexp100:	2.566
Price / MA7:	+1.08%
Price / MA20:	+4.42%
Price / MA50:	+9.39%
Price / MA100:	+14.80%
Price / MAexp7:	+0.15%
Price / MAexp20:	+0.08%
Price / MAexp50:	+0.73%
Price / MAexp100:	+2.18%

Quotes : - 15 min delayed data - Spain Stocks

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

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