Londinia Opportunities Analyses - 12/02/2021 (GMT) FIRST SOLAR INC. D -.001 - 1H
- Europe Stocks
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
61%
28%
My opinion
Bearish under 91.64 EUR
My targets
88.03 EUR (-2.54%)
84.64 EUR (-6.29%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on FIRST SOLAR INC. D -.001 as long as the price remains well below 91.64 EUR. The sellers' bearish objective is set at 88.03 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 84.64 EUR. In case of crossing, the next objective would be the support located at 74.80 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7.7
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
The FIRST SOLAR INC. D -.001 price is 90.32 EUR. On the day, this instrument lost -3.75% and was traded between 90.22 EUR and 91.00 EUR over the period. The price is currently at +0.11% from its lowest and -0.75% from its highest.90.22
91.00
90.32
A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this FIRST SOLAR INC. D -.001 chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
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 | 66.99 | 74.80 | 88.03 | 90.32 | 91.64 | 93.90 | 97.98 |
Change (%) | -25.83% | -17.18% | -2.54% | - | +1.46% | +3.96% | +8.48% |
Change | -23.33 | -15.52 | -2.29 | - | +1.32 | +3.58 | +7.66 |
Level | Minor | Intermediate | Major | - | 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 | 90.17 | 91.03 | 92.43 | 93.29 | 94.69 | 95.55 | 96.95 |
Camarilla | 93.22 | 93.43 | 93.63 | 93.84 | 94.05 | 94.25 | 94.46 |
Woodie | 90.45 | 91.17 | 92.71 | 93.43 | 94.97 | 95.69 | 97.23 |
Fibonacci | 91.03 | 91.89 | 92.42 | 93.29 | 94.15 | 94.68 | 95.55 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 77.80 | 84.64 | 88.37 | 95.21 | 98.94 | 105.78 | 109.51 |
Camarilla | 89.19 | 90.16 | 91.13 | 92.10 | 93.07 | 94.04 | 95.01 |
Woodie | 76.25 | 83.86 | 86.82 | 94.43 | 97.39 | 105.00 | 107.96 |
Fibonacci | 84.64 | 88.68 | 91.17 | 95.21 | 99.25 | 101.74 | 105.78 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 69.34 | 79.28 | 85.47 | 95.41 | 101.60 | 111.54 | 117.73 |
Camarilla | 87.22 | 88.70 | 90.18 | 91.66 | 93.14 | 94.62 | 96.10 |
Woodie | 67.47 | 78.34 | 83.60 | 94.47 | 99.73 | 110.60 | 115.86 |
Fibonacci | 79.28 | 85.44 | 89.25 | 95.41 | 101.57 | 105.38 | 111.54 |
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): | 35.65 | |
MACD (12,26,9): | -0.6600 | |
Directional Movement: | -22.35 | |
AROON (14): | -28.57 | |
DEMA (21): | 91.76 | |
Parabolic SAR (0,02-0,02-0,2): | 94.20 | |
Elder Ray (13): | -1.94 | |
Super Trend (3,10): | 92.65 | |
Zig ZAG (10): | 90.32 | |
VORTEX (21): | 0.8800 | |
Stochastique (14,3,5): | 0.85 | |
TEMA (21): | 91.51 | |
Williams %R (14): | -97.45 | |
Chande Momentum Oscillator (20): | -2.30 | |
Repulse (5,40,3): | -0.1200 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.0700 | |
Courbe Coppock: | 2.40 |
MA7: | 93.85 | |
MA20: | 95.77 | |
MA50: | 92.41 | |
MA100: | 85.68 | |
MAexp7: | 91.68 | |
MAexp20: | 92.57 | |
MAexp50: | 93.53 | |
MAexp100: | 94.49 | |
Price / MA7: | -3.76% | |
Price / MA20: | -5.69% | |
Price / MA50: | -2.26% | |
Price / MA100: | +5.42% | |
Price / MAexp7: | -1.48% | |
Price / MAexp20: | -2.43% | |
Price / MAexp50: | -3.43% | |
Price / MAexp100: | -4.41% |
Quotes :
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15 min delayed data
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