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 11/10/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

44%

22%

33%

My opinion

Bearish under 0.0689 EUR

My targets

0.0627 EUR (-2.49%)

My analysis

PHAROL is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.0689 EUR. The next support located at 0.0627 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

5.4

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 PHAROL price is 0.0643 EUR. On the day, this instrument gained +1.26% and was between 0.0643 EUR and 0.0643 EUR. This implies that the price is at 0% from its lowest and at 0% from its highest.

0.0643

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by PHAROL:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of PHAROL in Daily shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:

Bullish harami cross

Type : Bullish

Timeframe : Daily

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	0.0627	0.0643	0.0739	0.0774	0.0800
Change (%)	-2.49%	-	+14.93%	+20.37%	+24.42%
Change	-0.0016	-	+0.0096	+0.0131	+0.0157
Level	Major	-	Minor	Intermediate	Intermediate

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	0.0611	0.0620	0.0628	0.0637	0.0645	0.0654	0.0662
Camarilla	0.0630	0.0632	0.0633	0.0635	0.0637	0.0638	0.0640
Woodie	0.0610	0.0620	0.0627	0.0637	0.0644	0.0654	0.0661
Fibonacci	0.0620	0.0627	0.0631	0.0637	0.0644	0.0648	0.0654

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.0575	0.0598	0.0614	0.0637	0.0653	0.0676	0.0692
Camarilla	0.0619	0.0623	0.0626	0.0630	0.0634	0.0637	0.0641
Woodie	0.0572	0.0596	0.0611	0.0635	0.0650	0.0674	0.0689
Fibonacci	0.0598	0.0613	0.0622	0.0637	0.0652	0.0661	0.0676

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.0525	0.0575	0.0607	0.0657	0.0689	0.0739	0.0771
Camarilla	0.0616	0.0623	0.0631	0.0638	0.0646	0.0653	0.0661
Woodie	0.0515	0.0571	0.0597	0.0653	0.0679	0.0735	0.0761
Fibonacci	0.0575	0.0607	0.0626	0.0657	0.0689	0.0708	0.0739

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):	42.15
MACD (12,26,9):	-0.0016
Directional Movement:	-5.8791
AROON (14):	-71.4286
DEMA (21):	0.0627
Parabolic SAR (0,02-0,02-0,2):	0.0671
Elder Ray (13):	0.0001
Super Trend (3,10):	0.0703
Zig ZAG (10):	0.0643
VORTEX (21):	0.8813
Stochastique (14,3,5):	30.00
TEMA (21):	0.0629
Williams %R (14):	-56.00
Chande Momentum Oscillator (20):	-0.0005
Repulse (5,40,3):	-3.1461
ROCnROLL:	-1
TRIX (15,9):	-0.3812
Courbe Coppock:	9.42

MA7:	0.0636
MA20:	0.0650
MA50:	0.0691
MA100:	0.0731
MAexp7:	0.0638
MAexp20:	0.0649
MAexp50:	0.0682
MAexp100:	0.0717
Price / MA7:	+1.10%
Price / MA20:	-1.08%
Price / MA50:	-6.95%
Price / MA100:	-12.04%
Price / MAexp7:	+0.78%
Price / MAexp20:	-0.92%
Price / MAexp50:	-5.72%
Price / MAexp100:	-10.32%

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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