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MAPFRE
MAPFRE
- EUR (-)
- 15 min delayed data - Spain Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: MAP
ISIN: ES0124244E34

MAPFRE - Daily - Technical analysis published on 11/15/2024 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
22%
44%
33%
My opinion
Bullish above 2.423 EUR
My targets
2.692 EUR (+5.49%)
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 2.423 EUR. Crossing the first resistance at 2.692 EUR would be a sign of a potential new surge in the price. Caution, a return to below 2.423 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, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
4.3

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.

gsanzmagallon
This analysis was given by gsanzmagallon. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

MAPFRE rating 2.552 EUR. The price has increased by +0.95% since the last closing with the lowest point at 2.520 EUR and the highest point at 2.562 EUR. The deviation from the price is +1.27% for the low point and -0.39% for the high point.

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.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows the following items:

Central Records

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 this Daily chart of MAPFRE indicates that the overall trend is strongly bullish. 85.71% 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. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Central Indicators

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily



An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


RSI indicator is back over 50

Type : Bullish

Timeframe : Daily



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

Central Patterns

Near support of channel

Type : Bullish

Timeframe : Daily



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 1.998 2.083 2.267 2.552 2.580 2.692
Change (%) -21.71% -18.38% -11.17% - +1.10% +5.49%
Change -0.554 -0.469 -0.285 - +0.028 +0.140
Level Major Intermediate Major - Intermediate 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
Standard2.4852.5032.5272.5452.5692.5872.611
Camarilla2.5412.5442.5482.5522.5562.5602.564
Woodie2.4892.5052.5312.5472.5732.5892.615
Fibonacci2.5032.5192.5292.5452.5612.5712.587


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.5022.5402.5622.6002.6222.6602.682
Camarilla2.5682.5732.5792.5842.5902.5952.601
Woodie2.4942.5362.5542.5962.6142.6562.674
Fibonacci2.5402.5632.5772.6002.6232.6372.660


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.0832.2192.4232.5592.7632.8993.103
Camarilla2.5332.5642.5952.6262.6572.6882.720
Woodie2.1162.2362.4562.5762.7962.9163.136
Fibonacci2.2192.3492.4302.5592.6892.7702.899

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): 53.23
MACD (12,26,9): 0.0310
Directional Movement: 5.784
AROON (14): 14.286
DEMA (21): 2.601
Parabolic SAR (0,02-0,02-0,2): 2.670
Elder Ray (13): -0.024
Super Trend (3,10): 2.496
Zig ZAG (10): 2.552
VORTEX (21): 0.9820
Stochastique (14,3,5): 22.24
TEMA (21): 2.584
Williams %R (14): -74.23
Chande Momentum Oscillator (20): -0.140
Repulse (5,40,3): -0.8630
ROCnROLL: -1
TRIX (15,9): 0.2760
Courbe Coppock: 3.08
MA7: 2.568
MA20: 2.565
MA50: 2.453
MA100: 2.320
MAexp7: 2.563
MAexp20: 2.551
MAexp50: 2.467
MAexp100: 2.367
Price / MA7: -0.62%
Price / MA20: -0.51%
Price / MA50: +4.04%
Price / MA100: +10.00%
Price / MAexp7: -0.43%
Price / MAexp20: +0.04%
Price / MAexp50: +3.45%
Price / MAexp100: +7.82%

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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