Londinia Opportunities Analyses - 12/03/2021 (GMT) NATURGY - 1H

NATURGY
- EUR (-)
- 15 min delayed data - Spain Stocks
Type: Stocks
Ticker: NTGY
ISIN: ES0116870314

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 bullish
Underlying: Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 24.43 EUR
My targets
24.87 EUR (+1.26%)
25.48 EUR (+3.76%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NATURGY as long as the price remains well above 24.43 EUR. The buyers' bullish objective is set at 24.87 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 25.48 EUR. If there is any crossing, the next objective would be the resistance located at 26.99 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.2

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The NATURGY rating is 24.56 EUR. The price registered an increase of +0.45% on the session and was between 24.33 EUR and 24.59 EUR. This implies that the price is at +0.95% from its lowest and at -0.12% from its highest.

24.33
24.59
24.56

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by NATURGY:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this NATURGY chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

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 23.60 24.01 24.43 24.56 24.65 24.87 26.99
Change (%) -3.91% -2.24% -0.53% - +0.37% +1.26% +9.89%
Change -0.96 -0.55 -0.13 - +0.09 +0.31 +2.43
Level Minor Intermediate Intermediate - Minor Intermediate Intermediate



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
Standard23.6423.8324.1424.3324.6424.8325.14
Camarilla24.3124.3624.4024.4524.5024.5424.59
Woodie23.7023.8624.2024.3624.7024.8625.20
Fibonacci23.8324.0224.1424.3324.5224.6424.83


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard21.4322.0823.1323.7824.8325.4826.53
Camarilla23.7023.8624.0124.1724.3324.4824.64
Woodie21.6222.1823.3223.8825.0225.5826.72
Fibonacci22.0822.7323.1323.7824.4324.8325.48


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard20.1121.1722.7423.8025.3726.4328.00
Camarilla23.5823.8224.0624.3024.5424.7825.02
Woodie20.3621.3022.9923.9325.6226.5628.25
Fibonacci21.1722.1822.8023.8024.8125.4326.43

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): 56.13
MACD (12,26,9): 0.0300
Directional Movement: 2.33
AROON (14): -21.43
DEMA (21): 24.48
Parabolic SAR (0,02-0,02-0,2): 24.06
Elder Ray (13): 0.10
Super Trend (3,10): 24.66
Zig ZAG (10): 24.53
VORTEX (21): 1.1100
Stochastique (14,3,5): 81.32
TEMA (21): 24.47
Williams %R (14): -12.28
Chande Momentum Oscillator (20): 0.42
Repulse (5,40,3): 0.1900
ROCnROLL: 1
TRIX (15,9): 0.0100
Courbe Coppock: 0.52
MA7: 24.44
MA20: 23.54
MA50: 22.87
MA100: 22.37
MAexp7: 24.49
MAexp20: 24.44
MAexp50: 24.32
MAexp100: 24.03
Price / MA7: +0.49%
Price / MA20: +4.33%
Price / MA50: +7.39%
Price / MA100: +9.79%
Price / MAexp7: +0.29%
Price / MAexp20: +0.49%
Price / MAexp50: +0.99%
Price / MAexp100: +2.21%

Quotes : - 15 min delayed data - Actions Espagne