PHAROL

- EUR (-)

- 15 min delayed data - Euronext Lisbonne

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	PHR
ISIN:	PTPTC0AM0009

PHAROL - Daily - Technical analysis published on 09/07/2022 (GMT)

Timeframe : Daily
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Bullish

Underlying: Slightly bearish

Technical indicators

61%

17%

22%

My opinion

Neutral between 0.0750 EUR and 0.0799 EUR

My targets

My analysis

The basic trend is slightly bearish and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 0.0799 EUR. The first support is located at 0.0750 EUR. Without a basic trend, it is be important to monitor the price reaction at the first levels of resistance or support. A bullish break in resistance could quickly reverse the basic trend. A bearish break in the support would be welcome to boost the slightly bearish basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by PHAROL.

In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.

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 PHAROL price is 0.0778 EUR. On the day, this instrument gained +1.70% and was traded between 0.0778 EUR and 0.0778 EUR over the period. The price is currently at 0% from its lowest and 0% from its highest.

0.0778

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

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

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of PHAROL in Daily shows an overall slightly bearish trend. Only 57.14% of the signals given by moving averages are bearish. This slightly bearish trend could turn neutral or reverse given the slightly bullish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

The probability of a further increase are moderate given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near resistance of triangle

Type : Bearish

Timeframe : Daily

The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:

Bearish doji star

Type : Bearish

Timeframe : Daily

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.0734	0.0750	0.0772	0.0778	0.0799	0.0845	0.0920
Change (%)	-5.66%	-3.60%	-0.77%	-	+2.70%	+8.61%	+18.25%
Change	-0.0044	-0.0028	-0.0006	-	+0.0021	+0.0067	+0.0142
Level	Intermediate	Intermediate	Minor	-	Intermediate	Major	Minor

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.0748	0.0755	0.0760	0.0767	0.0772	0.0779	0.0784
Camarilla	0.0762	0.0763	0.0764	0.0765	0.0766	0.0767	0.0768
Woodie	0.0747	0.0755	0.0759	0.0767	0.0771	0.0779	0.0783
Fibonacci	0.0755	0.0760	0.0762	0.0767	0.0772	0.0774	0.0779

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.0722	0.0735	0.0753	0.0766	0.0784	0.0797	0.0815
Camarilla	0.0762	0.0764	0.0767	0.0770	0.0773	0.0776	0.0779
Woodie	0.0724	0.0736	0.0755	0.0767	0.0786	0.0798	0.0817
Fibonacci	0.0735	0.0747	0.0755	0.0766	0.0778	0.0786	0.0797

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.0653	0.0692	0.0723	0.0762	0.0793	0.0832	0.0863
Camarilla	0.0736	0.0742	0.0749	0.0755	0.0761	0.0768	0.0774
Woodie	0.0650	0.0690	0.0720	0.0760	0.0790	0.0830	0.0860
Fibonacci	0.0692	0.0718	0.0735	0.0762	0.0788	0.0805	0.0832

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):	53.65
MACD (12,26,9):	-0.0001
Directional Movement:	-3.0542
AROON (14):	-7.1428
DEMA (21):	0.0769
Parabolic SAR (0,02-0,02-0,2):	0.0788
Elder Ray (13):	0.0009
Super Trend (3,10):	0.0800
Zig ZAG (10):	0.0778
VORTEX (21):	0.9705
Stochastique (14,3,5):	52.42
TEMA (21):	0.0768
Williams %R (14):	-23.26
Chande Momentum Oscillator (20):	0.0007
Repulse (5,40,3):	-0.7114
ROCnROLL:	1
TRIX (15,9):	-0.0098
Courbe Coppock:	4.09

MA7:	0.0766
MA20:	0.0774
MA50:	0.0770
MA100:	0.0782
MAexp7:	0.0769
MAexp20:	0.0770
MAexp50:	0.0773
MAexp100:	0.0784
Price / MA7:	+1.57%
Price / MA20:	+0.52%
Price / MA50:	+1.04%
Price / MA100:	-0.51%
Price / MAexp7:	+1.17%
Price / MAexp20:	+1.04%
Price / MAexp50:	+0.65%
Price / MAexp100:	-0.77%

Quotes : - 15 min delayed data - Euronext Lisbonne

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

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