BERKELEY ENERGIA - 1H - Technical analysis published on 03/29/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 0.2317 EUR
My targets
0.2450 EUR (+3.81%)
0.2535 EUR (+7.42%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on BERKELEY ENERGIA. This is a positive signal for buyers. As long as the price remains above 0.2317 EUR, a purchase could be considered. The first bullish objective is located at 0.2450 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.2535 EUR as an objective. Crossing it would then enable buyers to target 0.2635 EUR. In the event of a return below 0.2317 EUR, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.3
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
BERKELEY ENERGIA rating 0.2360 EUR. The price has increased by +4.19% since the last closing and was between 0.2320 EUR and 0.2455 EUR. This implies that the price is at +1.72% from its lowest and at -3.87% from its highest.0.2320
0.2455
0.2360
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of BERKELEY ENERGIA indicates that the overall trend is bullish. The signals returned by the moving averages are 78.57% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.2216 | 0.2263 | 0.2317 | 0.2360 | 0.2450 | 0.2535 | 0.2635 |
| Change (%) | -6.10% | -4.11% | -1.82% | - | +3.81% | +7.42% | +11.65% |
| Change | -0.0144 | -0.0097 | -0.0043 | - | +0.0090 | +0.0175 | +0.0275 |
| Level | Minor | Intermediate | Intermediate | - | Minor | 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 | 0.1957 | 0.2028 | 0.2147 | 0.2218 | 0.2337 | 0.2408 | 0.2527 |
| Camarilla | 0.2213 | 0.2230 | 0.2248 | 0.2265 | 0.2282 | 0.2300 | 0.2317 |
| Woodie | 0.1980 | 0.2040 | 0.2170 | 0.2230 | 0.2360 | 0.2420 | 0.2550 |
| Fibonacci | 0.2028 | 0.2101 | 0.2146 | 0.2218 | 0.2291 | 0.2336 | 0.2408 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.1812 | 0.1958 | 0.2042 | 0.2188 | 0.2272 | 0.2418 | 0.2502 |
| Camarilla | 0.2062 | 0.2083 | 0.2104 | 0.2125 | 0.2146 | 0.2167 | 0.2188 |
| Woodie | 0.1780 | 0.1943 | 0.2010 | 0.2173 | 0.2240 | 0.2403 | 0.2470 |
| Fibonacci | 0.1958 | 0.2046 | 0.2101 | 0.2188 | 0.2276 | 0.2331 | 0.2418 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.1100 | 0.1650 | 0.2000 | 0.2550 | 0.2900 | 0.3450 | 0.3800 |
| Camarilla | 0.2103 | 0.2185 | 0.2268 | 0.2350 | 0.2433 | 0.2515 | 0.2598 |
| Woodie | 0.1000 | 0.1600 | 0.1900 | 0.2500 | 0.2800 | 0.3400 | 0.3700 |
| Fibonacci | 0.1650 | 0.1994 | 0.2206 | 0.2550 | 0.2894 | 0.3106 | 0.3450 |
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): | 65.91 | |
| MACD (12,26,9): | 0.0042 | |
| Directional Movement: | 18.2288 | |
| AROON (14): | 50.0000 | |
| DEMA (21): | 0.2300 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.2186 | |
| Elder Ray (13): | 0.0059 | |
| Super Trend (3,10): | 0.2190 | |
| Zig ZAG (10): | 0.2360 | |
| VORTEX (21): | 1.0628 | |
| Stochastique (14,3,5): | 75.12 | |
| TEMA (21): | 0.2348 | |
| Williams %R (14): | -26.76 | |
| Chande Momentum Oscillator (20): | 0.0195 | |
| Repulse (5,40,3): | 0.9194 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0865 | |
| Courbe Coppock: | 15.08 |
| MA7: | 0.2244 | |
| MA20: | 0.2322 | |
| MA50: | 0.2406 | |
| MA100: | 0.2190 | |
| MAexp7: | 0.2328 | |
| MAexp20: | 0.2259 | |
| MAexp50: | 0.2239 | |
| MAexp100: | 0.2258 | |
| Price / MA7: | +5.17% | |
| Price / MA20: | +1.64% | |
| Price / MA50: | -1.91% | |
| Price / MA100: | +7.76% | |
| Price / MAexp7: | +1.37% | |
| Price / MAexp20: | +4.47% | |
| Price / MAexp50: | +5.40% | |
| Price / MAexp100: | +4.52% |
Quotes :
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15 min delayed data
-
Spain Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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