ENERGEAN ORD 1P - Daily - Technical analysis published on 11/21/2019 (GMT)
- Who voted?
- 192
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Slightly bearish
Technical indicators
56%
6%
39%
My opinion
Neutral between 882 GBX and 933 GBX
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bearish trend on ENERGEAN OIL & GAS ORD 1P. It is difficult to advise a trading direction under these conditions. The first support is located at 882 GBX. The first resistance is located at 933 GBX. You could stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.
In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ENERGEAN OIL & GAS ORD 1P rating is 918 GBX. On the day, this instrument gained +0.77% with the lowest point at 908 GBX and the highest point at 923 GBX. The deviation from the price is +1.10% for the low point and -0.54% for the high point.908
923
918
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of ENERGEAN OIL & GAS ORD 1P in Daily shows an overall slightly bearish trend. 60.71% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
RSI indicator is back under 50
Type : Bearish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Near resistance of channel
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 744 | 809 | 882 | 918 | 933 | 971 | 1,034 |
| Change (%) | -18.95% | -11.87% | -3.92% | - | +1.63% | +5.77% | +12.64% |
| Change | -174 | -109 | -36 | - | +15 | +53 | +116 |
| Level | Minor | Minor | Major | - | Intermediate | Major | Minor |
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 | 882 | 890 | 900 | 908 | 918 | 926 | 936 |
| Camarilla | 906 | 908 | 909 | 911 | 913 | 914 | 916 |
| Woodie | 884 | 891 | 902 | 909 | 920 | 927 | 938 |
| Fibonacci | 890 | 897 | 901 | 908 | 915 | 919 | 926 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 851 | 863 | 879 | 891 | 907 | 919 | 935 |
| Camarilla | 888 | 891 | 893 | 896 | 899 | 901 | 904 |
| Woodie | 854 | 864 | 882 | 892 | 910 | 920 | 938 |
| Fibonacci | 863 | 873 | 880 | 891 | 901 | 908 | 919 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 736 | 807 | 846 | 917 | 956 | 1,027 | 1,066 |
| Camarilla | 854 | 864 | 874 | 884 | 894 | 904 | 914 |
| Woodie | 719 | 799 | 829 | 909 | 939 | 1,019 | 1,049 |
| Fibonacci | 807 | 849 | 875 | 917 | 959 | 985 | 1,027 |
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): | 51.00 | |
| MACD (12,26,9): | -7.0000 | |
| Directional Movement: | 1 | |
| AROON (14): | -43 | |
| DEMA (21): | 899 | |
| Parabolic SAR (0,02-0,02-0,2): | 878 | |
| Elder Ray (13): | 9 | |
| Super Trend (3,10): | 947 | |
| Zig ZAG (10): | 916 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 70.00 | |
| TEMA (21): | 903 | |
| Williams %R (14): | -26.00 | |
| Chande Momentum Oscillator (20): | -10 | |
| Repulse (5,40,3): | 3.0000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 1.00 |
| MA7: | 904 | |
| MA20: | 905 | |
| MA50: | 926 | |
| MA100: | 969 | |
| MAexp7: | 908 | |
| MAexp20: | 910 | |
| MAexp50: | 926 | |
| MAexp100: | 923 | |
| Price / MA7: | +1.55% | |
| Price / MA20: | +1.44% | |
| Price / MA50: | -0.86% | |
| Price / MA100: | -5.26% | |
| Price / MAexp7: | +1.10% | |
| Price / MAexp20: | +0.88% | |
| Price / MAexp50: | -0.86% | |
| Price / MAexp100: | -0.54% |
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis ENERGEAN ORD 1P - Daily