SARAS
SARAS
- EUR (-)
- 15 min delayed data - Italy Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: SRS
ISIN: IT0000433307

SARAS - Daily - Technical analysis published on 01/14/2020 (GMT)

  • Who voted?
  • 153
  • 0
  • Timeframe : Daily
  • - Analysis generated on
  • Status : NEUTRAL

Summary of the analysis

Trends
Court terme: Neutral
De fond: Slightly bearish
Technical indicators
50%
6%
44%
My opinion
Neutral between 1.419 EUR and 1.567 EUR
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bearish trend on SARAS. It is difficult to advise a trading direction under these conditions. The first support is located at 1.419 EUR. The first resistance is located at 1.567 EUR. 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, 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:
15 min. 1H Weekly

Additional analysis

Quotes

SARAS rating 1.471 EUR. On the day, this instrument gained +0.41% and was between 1.457 EUR and 1.487 EUR. This implies that the price is at +0.96% from its lowest and at -1.08% from its highest.

1.457
1.487
1.471

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical


Technical analysis of this Daily chart of SARAS indicates that the overall trend is slightly bearish. 60.71% of the signals given by moving averages are bearish. As the signals currently given by short-term moving averages are rather neutral, the slightly bearish trend could return to neutral. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : Daily



In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Daily



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Daily


Near resistance of channel

Type : Bearish

Timeframe : Daily



The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Central Candlesticks

Bullish engulfing lines

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.242 1.314 1.419 1.471 1.474 1.651 1.703
Change (%) -15.57% -10.67% -3.54% - +0.20% +12.24% +15.77%
Change -0.229 -0.157 -0.052 - +0.003 +0.180 +0.232
Level Minor Major Major - Major 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
Standard1.3871.3971.4101.4201.4331.4431.456
Camarilla1.4161.4181.4201.4221.4241.4261.428
Woodie1.3881.3981.4111.4211.4341.4441.457
Fibonacci1.3971.4061.4121.4201.4291.4351.443


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.3011.3591.4061.4641.5111.5691.616
Camarilla1.4251.4351.4441.4541.4641.4731.483
Woodie1.2971.3561.4021.4611.5071.5661.612
Fibonacci1.3591.3991.4241.4641.5041.5291.569


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.1331.2671.3501.4841.5671.7011.784
Camarilla1.3741.3941.4141.4341.4541.4741.494
Woodie1.1091.2541.3261.4711.5431.6881.760
Fibonacci1.2671.3501.4011.4841.5671.6181.701

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): 49.25
MACD (12,26,9): -0.0260
Directional Movement: 5.418
AROON (14): 28.572
DEMA (21): 1.414
Parabolic SAR (0,02-0,02-0,2): 1.519
Elder Ray (13): 0.013
Super Trend (3,10): 1.526
Zig ZAG (10): 1.465
VORTEX (21): 0.8980
Stochastique (14,3,5): 28.38
TEMA (21): 1.420
Williams %R (14): -46.28
Chande Momentum Oscillator (20): 0.033
Repulse (5,40,3): 1.6210
ROCnROLL: -1
TRIX (15,9): -0.3470
Courbe Coppock: 0.34
MA7: 1.441
MA20: 1.436
MA50: 1.541
MA100: 1.537
MAexp7: 1.438
MAexp20: 1.454
MAexp50: 1.503
MAexp100: 1.522
Price / MA7: +2.08%
Price / MA20: +2.44%
Price / MA50: -4.54%
Price / MA100: -4.29%
Price / MAexp7: +2.29%
Price / MAexp20: +1.17%
Price / MAexp50: -2.13%
Price / MAexp100: -3.35%

News


The latest news and videos published on SARAS at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Online

Overall rating :
15090
Number of analyses :
Followers :
0
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

no pic

Comments

0 comments on the analysis SARAS - Daily