Londinia Opportunities Analyses - 12/02/2021 (GMT) FIRST SOLAR INC. D -.001 - 1H

FIRST SOLAR INC. D -.001
- EUR (-)
- 15 min delayed data - Germany Stocks
Type: Stocks
Ticker: F3A
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • 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.

Central Gaps

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:
The Central Records scanner for higher/lower results shows an item:

Central Records

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:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

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:

Central Patterns

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


S3S2S1PriceR1R2R3
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
Standard90.1791.0392.4393.2994.6995.5596.95
Camarilla93.2293.4393.6393.8494.0594.2594.46
Woodie90.4591.1792.7193.4394.9795.6997.23
Fibonacci91.0391.8992.4293.2994.1594.6895.55


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard77.8084.6488.3795.2198.94105.78109.51
Camarilla89.1990.1691.1392.1093.0794.0495.01
Woodie76.2583.8686.8294.4397.39105.00107.96
Fibonacci84.6488.6891.1795.2199.25101.74105.78


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard69.3479.2885.4795.41101.60111.54117.73
Camarilla87.2288.7090.1891.6693.1494.6296.10
Woodie67.4778.3483.6094.4799.73110.60115.86
Fibonacci79.2885.4489.2595.41101.57105.38111.54

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 : - 15 min delayed data - Actions Allemagne