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 11/15/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

67%

33%

My opinion

Bearish under 2.580 EUR

My targets

2.501 EUR (-2.00%)

2.466 EUR (-3.37%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on MAPFRE. As long as you are under the resistance located at 2.580 EUR, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 2.501 EUR would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 2.466 EUR as an objective. Crossing it would then enable sellers to target 2.267 EUR. If the resistance 2.580 EUR were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.

Force

1.1

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 rating is 2.552 EUR. The price has increased by +0.95% since the last closing and was traded between 2.520 EUR and 2.562 EUR over the period. The price is currently at +1.27% from its lowest and -0.39% from its highest.

2.520

2.562

2.552

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

Bullish opening

Type : Bullish

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:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of MAPFRE in 1H shows an overall bearish trend. 75.00% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. An assessment of moving averages reveals a bearish signal that could impact this trend:

Moving Average bearish crossovers : AMA50 & AMA100

Type : Bearish

Timeframe : 1 hour

The technical indicators are bullish. There is still some doubt about the price increase.
But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour

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

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2.466	2.501	2.550	2.552	2.580	2.638	2.692
Change (%)	-3.37%	-2.00%	-0.08%	-	+1.10%	+3.37%	+5.49%
Change	-0.086	-0.051	-0.002	-	+0.028	+0.086	+0.140
Level	Minor	Intermediate	Minor	-	Intermediate	Minor	Major

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	2.485	2.503	2.527	2.545	2.569	2.587	2.611
Camarilla	2.541	2.544	2.548	2.552	2.556	2.560	2.564
Woodie	2.489	2.505	2.531	2.547	2.573	2.589	2.615
Fibonacci	2.503	2.519	2.529	2.545	2.561	2.571	2.587

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.502	2.540	2.562	2.600	2.622	2.660	2.682
Camarilla	2.568	2.573	2.579	2.584	2.590	2.595	2.601
Woodie	2.494	2.536	2.554	2.596	2.614	2.656	2.674
Fibonacci	2.540	2.563	2.577	2.600	2.623	2.637	2.660

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 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):	51.24
MACD (12,26,9):	-0.0050
Directional Movement:	2.938
AROON (14):	71.428
DEMA (21):	2.537
Parabolic SAR (0,02-0,02-0,2):	2.516
Elder Ray (13):	0.009
Super Trend (3,10):	2.515
Zig ZAG (10):	2.552
VORTEX (21):	0.9030
Stochastique (14,3,5):	86.67
TEMA (21):	2.543
Williams %R (14):	-16.67
Chande Momentum Oscillator (20):	0.030
Repulse (5,40,3):	-0.0680
ROCnROLL:	-1
TRIX (15,9):	-0.0610
Courbe Coppock:	0.92

MA7:	2.568
MA20:	2.565
MA50:	2.453
MA100:	2.320
MAexp7:	2.547
MAexp20:	2.546
MAexp50:	2.562
MAexp100:	2.570
Price / MA7:	-0.62%
Price / MA20:	-0.51%
Price / MA50:	+4.04%
Price / MA100:	+10.00%
Price / MAexp7:	+0.20%
Price / MAexp20:	+0.24%
Price / MAexp50:	-0.39%
Price / MAexp100:	-0.70%

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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