BAINS MER MONACO - Daily - Technical analysis published on 03/07/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
11%
33%
56%
My opinion
Bearish under 106.0 EUR
My targets
101.0 EUR (-1.46%)
94.0 EUR (-8.29%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on BAINS MER MONACO as long as the price remains well below 106.0 EUR. The sellers' bearish objective is set at 101.0 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 94.0 EUR. In case of crossing, the next objective would be the support located at 81.3 EUR.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
4.3
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Additional analysis
Quotes
The BAINS MER MONACO price is 102.5 EUR. The price is lower by -0.97% since the last closing and was between 102.5 EUR and 104.0 EUR. This implies that the price is at 0% from its lowest and at -1.44% from its highest.102.5
104.0
102.5
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this Daily chart of BAINS MER MONACO indicates that the overall trend is bearish. The signals given by moving averages are 67.86% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 94.0 | 101.0 | 102.0 | 102.5 | 104.0 | 106.0 | 107.0 |
Change (%) | -8.29% | -1.46% | -0.49% | - | +1.46% | +3.41% | +4.39% |
Change | -8.5 | -1.5 | -0.5 | - | +1.5 | +3.5 | +4.5 |
Level | Minor | Major | 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 | 101.0 | 101.5 | 102.5 | 103.0 | 104.0 | 104.5 | 105.5 |
Camarilla | 103.1 | 103.2 | 103.4 | 103.5 | 103.6 | 103.8 | 103.9 |
Woodie | 101.3 | 101.6 | 102.8 | 103.1 | 104.3 | 104.6 | 105.8 |
Fibonacci | 101.5 | 102.1 | 102.4 | 103.0 | 103.6 | 103.9 | 104.5 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 95.3 | 98.7 | 101.3 | 104.7 | 107.3 | 110.7 | 113.3 |
Camarilla | 102.4 | 102.9 | 103.5 | 104.0 | 104.6 | 105.1 | 105.7 |
Woodie | 95.0 | 98.5 | 101.0 | 104.5 | 107.0 | 110.5 | 113.0 |
Fibonacci | 98.7 | 101.0 | 102.4 | 104.7 | 107.0 | 108.4 | 110.7 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 92.3 | 97.2 | 100.3 | 105.2 | 108.3 | 113.2 | 116.3 |
Camarilla | 101.3 | 102.0 | 102.8 | 103.5 | 104.2 | 105.0 | 105.7 |
Woodie | 91.5 | 96.8 | 99.5 | 104.8 | 107.5 | 112.8 | 115.5 |
Fibonacci | 97.2 | 100.2 | 102.1 | 105.2 | 108.2 | 110.1 | 113.2 |
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): | 42.80 | |
MACD (12,26,9): | 0.0000 | |
Directional Movement: | 6.0 | |
AROON (14): | 50.0 | |
DEMA (21): | 104.1 | |
Parabolic SAR (0,02-0,02-0,2): | 107.4 | |
Elder Ray (13): | -0.7 | |
Super Trend (3,10): | 101.7 | |
Zig ZAG (10): | 102.5 | |
VORTEX (21): | 0.9000 | |
Stochastique (14,3,5): | 22.20 | |
TEMA (21): | 103.8 | |
Williams %R (14): | -91.70 | |
Chande Momentum Oscillator (20): | -2.5 | |
Repulse (5,40,3): | 0.9000 | |
ROCnROLL: | 2 | |
TRIX (15,9): | 0.0000 | |
Courbe Coppock: | 0.30 |
MA7: | 103.9 | |
MA20: | 104.0 | |
MA50: | 103.4 | |
MA100: | 103.2 | |
MAexp7: | 103.7 | |
MAexp20: | 103.9 | |
MAexp50: | 103.7 | |
MAexp100: | 103.8 | |
Price / MA7: | -1.35% | |
Price / MA20: | -1.44% | |
Price / MA50: | -0.87% | |
Price / MA100: | -0.68% | |
Price / MAexp7: | -1.16% | |
Price / MAexp20: | -1.35% | |
Price / MAexp50: | -1.16% | |
Price / MAexp100: | -1.25% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The last news published on BAINS MER MONACO at the time of the generation of this analysis was as follows:
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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