GASOL - 1H - Technical analysis published on 08/01/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
56%
17%
My opinion
Bearish under 3.0568 USD
My targets
2.9894 USD (-0.41%)
2.8841 USD (-3.92%)
My analysis
The bearish trend is currently very strong for GASOL. As long as the price remains below the resistance at 3.0568 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 2.9894 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 2.8841 USD as an objective. Crossing it would then enable sellers to target 2.7607 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
7
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This analysis was given by vishr. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GASOL price is 3.0018 USD. The price is lower by -3.58% since the last closing and was traded between 2.9110 USD and 3.1133 USD over the period. The price is currently at +3.12% from its lowest and -3.58% from its highest.2.9110
3.1133
3.0018
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of GASOL indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed 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.
On the 18 technical indicators analysed, 5 are bullish, 3 are neutral and 10 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.7607 | 2.8841 | 2.9894 | 3.0018 | 3.0568 | 3.1526 | 3.2492 |
| Change (%) | -8.03% | -3.92% | -0.41% | - | +1.83% | +5.02% | +8.24% |
| Change | -0.2411 | -0.1177 | -0.0124 | - | +0.0550 | +0.1508 | +0.2474 |
| Level | Minor | Major | Minor | - | Major | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.8894 | 2.9885 | 3.0509 | 3.1500 | 3.2124 | 3.3115 | 3.3739 |
| Camarilla | 3.0688 | 3.0836 | 3.0984 | 3.1132 | 3.1280 | 3.1428 | 3.1576 |
| Woodie | 2.8710 | 2.9793 | 3.0325 | 3.1408 | 3.1940 | 3.3023 | 3.3555 |
| Fibonacci | 2.9885 | 3.0502 | 3.0883 | 3.1500 | 3.2117 | 3.2498 | 3.3115 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.6142 | 2.7684 | 2.9408 | 3.0950 | 3.2674 | 3.4216 | 3.5940 |
| Camarilla | 3.0234 | 3.0533 | 3.0833 | 3.1132 | 3.1431 | 3.1731 | 3.2030 |
| Woodie | 2.6233 | 2.7730 | 2.9499 | 3.0996 | 3.2765 | 3.4262 | 3.6031 |
| Fibonacci | 2.7684 | 2.8932 | 2.9702 | 3.0950 | 3.2198 | 3.2968 | 3.4216 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.3044 | 2.7440 | 3.0839 | 3.5235 | 3.8634 | 4.3030 | 4.6429 |
| Camarilla | 3.2093 | 3.2808 | 3.3523 | 3.4237 | 3.4952 | 3.5666 | 3.6381 |
| Woodie | 2.2545 | 2.7191 | 3.0340 | 3.4986 | 3.8135 | 4.2781 | 4.5930 |
| Fibonacci | 2.7440 | 3.0418 | 3.2258 | 3.5235 | 3.8213 | 4.0053 | 4.3030 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 35.66 | |
| MACD (12,26,9): | -0.0343 | |
| Directional Movement: | -15.2049 | |
| AROON (14): | -42.8572 | |
| DEMA (21): | 2.9853 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.0274 | |
| Elder Ray (13): | -0.0206 | |
| Super Trend (3,10): | 3.0750 | |
| Zig ZAG (10): | 2.9961 | |
| VORTEX (21): | 0.8550 | |
| Stochastique (14,3,5): | 43.65 | |
| TEMA (21): | 2.9704 | |
| Williams %R (14): | -54.17 | |
| Chande Momentum Oscillator (20): | -0.0539 | |
| Repulse (5,40,3): | 0.0559 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1539 | |
| Courbe Coppock: | 5.58 |
| MA7: | 3.0776 | |
| MA20: | 3.0450 | |
| MA50: | 3.3618 | |
| MA100: | 3.1371 | |
| MAexp7: | 2.9953 | |
| MAexp20: | 3.0294 | |
| MAexp50: | 3.0731 | |
| MAexp100: | 3.0827 | |
| Price / MA7: | -2.46% | |
| Price / MA20: | -1.42% | |
| Price / MA50: | -10.71% | |
| Price / MA100: | -4.31% | |
| Price / MAexp7: | +0.22% | |
| Price / MAexp20: | -0.91% | |
| Price / MAexp50: | -2.32% | |
| Price / MAexp100: | -2.62% |
Quotes :
-
10 min delayed data
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NYMEX Futures
News
Don't forget to follow the news on GASOL. At the time of publication of this analysis, the latest news was as follows:
Spain's NBA champion Pau Gasol retiresThis member declared not having a position on this financial instrument or a related financial instrument.
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