GRAND CITY PROPERT.EO-.10 - Daily - Technical analysis published on 11/21/2019 (GMT)
- Who voted?
- 227
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
11%
33%
56%
My opinion
Bullish above 20.89 EUR
My targets
21.43 EUR (+2.34%)
21.98 EUR (+4.97%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on GRAND CITY PROPERT.EO-.10. As long as you are above the support located at 20.89 EUR, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 21.43 EUR would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 21.98 EUR as an objective. Crossing it would then enable buyers to target 22.50 EUR. If the support 20.89 EUR were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
FORCE
0
10
2.5
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 GRAND CITY PROPERT.EO-.10 price is 20.94 EUR. The price registered a decrease of -1.51% on the session with the lowest point at 20.94 EUR and the highest point at 21.28 EUR. The deviation from the price is 0% for the low point and -1.60% for the high point.20.94
21.28
20.94
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by GRAND CITY PROPERT.EO-.10:
Technical
A technical analysis in Daily of this GRAND CITY PROPERT.EO-.10 chart shows a bullish trend. The signals given by moving averages are 75% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 2 are bullish, 10 are neutral and 6 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Horizontal resistance is broken
Type : Bullish
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 | 19.23 | 20.21 | 20.89 | 20.94 | 21.43 | 21.98 | 22.50 |
| Change (%) | -8.17% | -3.49% | -0.24% | - | +2.34% | +4.97% | +7.45% |
| Change | -1.71 | -0.73 | -0.05 | - | +0.49 | +1.04 | +1.56 |
| Level | Minor | Major | Major | - | Major | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 20.77 | 20.97 | 21.11 | 21.31 | 21.45 | 21.65 | 21.79 |
| Camarilla | 21.17 | 21.20 | 21.23 | 21.26 | 21.29 | 21.32 | 21.35 |
| Woodie | 20.75 | 20.96 | 21.09 | 21.30 | 21.43 | 21.64 | 21.77 |
| Fibonacci | 20.97 | 21.10 | 21.18 | 21.31 | 21.44 | 21.52 | 21.65 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 20.15 | 20.49 | 20.91 | 21.25 | 21.67 | 22.01 | 22.43 |
| Camarilla | 21.13 | 21.20 | 21.27 | 21.34 | 21.41 | 21.48 | 21.55 |
| Woodie | 20.20 | 20.51 | 20.96 | 21.27 | 21.72 | 22.03 | 22.48 |
| Fibonacci | 20.49 | 20.78 | 20.96 | 21.25 | 21.54 | 21.72 | 22.01 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19.33 | 19.77 | 20.37 | 20.81 | 21.41 | 21.85 | 22.45 |
| Camarilla | 20.67 | 20.77 | 20.87 | 20.96 | 21.06 | 21.15 | 21.25 |
| Woodie | 19.40 | 19.81 | 20.44 | 20.85 | 21.48 | 21.89 | 22.52 |
| Fibonacci | 19.77 | 20.17 | 20.42 | 20.81 | 21.21 | 21.46 | 21.85 |
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): | 50.20 | |
| MACD (12,26,9): | 0.1700 | |
| Directional Movement: | 6.30 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 21.32 | |
| Parabolic SAR (0,02-0,02-0,2): | 21.72 | |
| Elder Ray (13): | -0.05 | |
| Super Trend (3,10): | 20.47 | |
| Zig ZAG (10): | 20.94 | |
| VORTEX (21): | 1.0500 | |
| Stochastique (14,3,5): | 41.48 | |
| TEMA (21): | 21.32 | |
| Williams %R (14): | -86.67 | |
| Chande Momentum Oscillator (20): | -0.14 | |
| Repulse (5,40,3): | -3.0000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1400 | |
| Courbe Coppock: | 3.42 |
| MA7: | 21.30 | |
| MA20: | 21.07 | |
| MA50: | 20.62 | |
| MA100: | 20.50 | |
| MAexp7: | 21.24 | |
| MAexp20: | 21.08 | |
| MAexp50: | 20.80 | |
| MAexp100: | 20.75 | |
| Price / MA7: | -1.69% | |
| Price / MA20: | -0.62% | |
| Price / MA50: | +1.55% | |
| Price / MA100: | +2.15% | |
| Price / MAexp7: | -1.41% | |
| Price / MAexp20: | -0.66% | |
| Price / MAexp50: | +0.67% | |
| Price / MAexp100: | +0.92% |
News
Don"t forget to follow the news on GRAND CITY PROPERT.EO-.10. At the time of publication of this analysis, the latest news was as follows:
- Grand City Properties S.A. announces 9M 2019 results
- DGAP-News: Grand City Properties S.A. announces 9M 2019 results
- Grand City Properties S.A.announces H1 2019 results
- DGAP-News: Grand City Properties S.A.announces H1 2019 results
- Grand City Properties S.A.announces results of Scrip Dividend
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 GRAND CITY PROPERT.EO-.10 - Daily