Londinia Opportunities Analyses - 05/23/2022 (GMT) INTESA SANPAOLO - 1H

INTESA SANPAOLO
- EUR (-)
- 15 min delayed data - Germany Stocks
Type: Stocks
Ticker: IES
ISIN: IT0000072618

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
  • Europe Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 1.9398 EUR
My targets
1.9648 EUR (+0.66%)
2.0938 EUR (+7.26%)
My analysis
The bullish trend is currently very strong on INTESA SANPAOLO. As long as the price remains above the support at 1.9398 EUR, you could try to benefit from the boom. The first bullish objective is located at 1.9648 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 2.0938 EUR as an objective. Crossing it would then enable buyers to target 2.3348 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.4

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The INTESA SANPAOLO price is 1.9520 EUR. On the day, this instrument gained +2.74% and was between 1.9286 EUR and 1.9602 EUR. This implies that the price is at +1.21% from its lowest and at -0.42% from its highest.

1.9286
1.9602
1.9520

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Central Gaps

Opening Gap UP

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

Central Records

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this INTESA SANPAOLO chart shows a strongly bullish trend. 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, 13 technical indicators on 18 studied are currently bullish. 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 detector scanner for these technical indicators recently detected a signal:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Near resistance of channel

Type : Bearish

Timeframe : 1 hour



For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Central Candlesticks

Upside gap

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.9020 1.9176 1.9398 1.9520 1.9648 2.0938 2.3348
Change (%) -2.56% -1.76% -0.63% - +0.66% +7.26% +19.61%
Change -0.0500 -0.0344 -0.0122 - +0.0128 +0.1418 +0.3828
Level Intermediate Major Major - Minor Major Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.84311.86871.88861.91421.93411.95971.9796
Camarilla1.89601.90021.90431.90851.91271.91681.9210
Woodie1.84031.86731.88581.91281.93131.95831.9768
Fibonacci1.86871.88611.89681.91421.93161.94231.9597


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.63091.69901.80371.87181.97652.04462.1493
Camarilla1.86101.87681.89271.90851.92431.94021.9560
Woodie1.64931.70821.82211.88101.99492.05382.1677
Fibonacci1.69901.76501.80581.87181.93781.97862.0446


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.51661.65141.76241.89722.00822.14302.2540
Camarilla1.80581.82831.85091.87341.89591.91851.9410
Woodie1.50471.64551.75051.89131.99632.13712.2421
Fibonacci1.65141.74531.80331.89721.99112.04912.1430

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 57.59
MACD (12,26,9): 0.0119
Directional Movement: -5.0438
AROON (14): 50.0000
DEMA (21): 1.9372
Parabolic SAR (0,02-0,02-0,2): 1.8715
Elder Ray (13): 0.0223
Super Trend (3,10): 1.9019
Zig ZAG (10): 1.9494
VORTEX (21): 0.7044
Stochastique (14,3,5): 95.75
TEMA (21): 1.9424
Williams %R (14): -8.62
Chande Momentum Oscillator (20): 0.0144
Repulse (5,40,3): -0.1885
ROCnROLL: 1
TRIX (15,9): 0.0571
Courbe Coppock: 5.15
MA7: 1.8882
MA20: 1.8580
MA50: 1.9121
MA100: 2.1550
MAexp7: 1.9382
MAexp20: 1.9232
MAexp50: 1.9053
MAexp100: 1.8889
Price / MA7: +3.38%
Price / MA20: +5.06%
Price / MA50: +2.09%
Price / MA100: -9.42%
Price / MAexp7: +0.71%
Price / MAexp20: +1.50%
Price / MAexp50: +2.45%
Price / MAexp100: +3.34%

Quotes : - 15 min delayed data - Actions Allemagne