DATALOGIC

- EUR (-)

- 15 min delayed data - Italy Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	DAL
ISIN:	IT0004053440

DATALOGIC - 1H - Technical analysis published on 08/02/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

22%

My opinion

Bullish above 5.620 EUR

My targets

5.858 EUR (+1.35%)

6.173 EUR (+6.80%)

My analysis

DATALOGIC is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 5.620 EUR. The next resistance located at 5.858 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 6.173 EUR. After this resistance, buyers could then target 6.639 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

8.6

Comment on the analysis

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.

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Additional analysis

Quotes

DATALOGIC rating 5.780 EUR. The price registered an increase of +6.64% on the session and was between 5.150 EUR and 5.780 EUR. This implies that the price is at +12.23% from its lowest and at 0% from its highest.

5.150

5.780

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 DATALOGIC:

Technical

Technical analysis of this 1H chart of DATALOGIC indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 14 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	5.520	5.558	5.620	5.780	5.858	6.173	6.639
Change (%)	-4.50%	-3.84%	-2.77%	-	+1.35%	+6.80%	+14.86%
Change	-0.260	-0.222	-0.160	-	+0.078	+0.393	+0.859
Level	Intermediate	Major	Minor	-	Intermediate	Intermediate	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	5.183	5.267	5.343	5.427	5.503	5.587	5.663
Camarilla	5.376	5.391	5.405	5.420	5.435	5.449	5.464
Woodie	5.180	5.265	5.340	5.425	5.500	5.585	5.660
Fibonacci	5.267	5.328	5.366	5.427	5.488	5.526	5.587

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	5.030	5.140	5.300	5.410	5.570	5.680	5.840
Camarilla	5.386	5.411	5.435	5.460	5.485	5.510	5.534
Woodie	5.055	5.153	5.325	5.423	5.595	5.693	5.865
Fibonacci	5.140	5.243	5.307	5.410	5.513	5.577	5.680

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	4.937	5.093	5.307	5.463	5.677	5.833	6.047
Camarilla	5.418	5.452	5.486	5.520	5.554	5.588	5.622
Woodie	4.965	5.108	5.335	5.478	5.705	5.848	6.075
Fibonacci	5.093	5.235	5.322	5.463	5.605	5.692	5.833

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):	59.23
MACD (12,26,9):	0.0240
Directional Movement:	8.908
AROON (14):	14.285
DEMA (21):	5.528
Parabolic SAR (0,02-0,02-0,2):	5.174
Elder Ray (13):	0.142
Super Trend (3,10):	5.361
Zig ZAG (10):	5.650
VORTEX (21):	0.9810
Stochastique (14,3,5):	89.07
TEMA (21):	5.556
Williams %R (14):	-9.84
Chande Momentum Oscillator (20):	0.230
Repulse (5,40,3):	4.3740
ROCnROLL:	1
TRIX (15,9):	0.0040
Courbe Coppock:	1.16

MA7:	5.503
MA20:	5.434
MA50:	5.540
MA100:	5.538
MAexp7:	5.576
MAexp20:	5.504
MAexp50:	5.478
MAexp100:	5.455
Price / MA7:	+5.03%
Price / MA20:	+6.37%
Price / MA50:	+4.33%
Price / MA100:	+4.37%
Price / MAexp7:	+3.66%
Price / MAexp20:	+5.01%
Price / MAexp50:	+5.51%
Price / MAexp100:	+5.96%

Quotes : - 15 min delayed data - Italy Stocks

News

The last news published on DATALOGIC at the time of the generation of this analysis was as follows:

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

About author

Londinia AI

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