Londinia Opportunities Analyses - 06/24/2022 (GMT) STELLANTIS NV EO -.01 - 1H

STELLANTIS NV EO -.01
- EUR (-)
- 15 min delayed data - Germany Stocks
Type: Stocks
Ticker: 8TI
ISIN: NL00150001Q9

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%
78%
11%
My opinion
Bearish under 12.406 EUR
My targets
11.628 EUR (-4.17%)
11.156 EUR (-8.06%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on STELLANTIS NV EO -.01 as long as the price remains well below 12.406 EUR. The sellers' bearish objective is set at 11.628 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 11.156 EUR. In case of crossing, the next objective would be the support located at 9.169 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
8.2

Analysis too old. There are no more charts available.

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.

Additional analysis

Quotes

The STELLANTIS NV EO -.01 rating is 12.134 EUR. On the day, this instrument lost -0.48% and was traded between 12.080 EUR and 12.256 EUR over the period. The price is currently at +0.45% from its lowest and -1.00% from its highest.

12.080
12.256
12.134

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



A study of price movements over other periods shows the following variations:
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


Technical analysis of this 1H chart of STELLANTIS NV EO -.01 indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Central Indicators

Moving Average bearish crossovers : MA20 & MA50

Type : Bearish

Timeframe : 1 hour



Technical indicators are strongly bearish, suggesting that the price decline is expected to continue.
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

The Central Indicators scanner found no further results concerning independent technical indicators.

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

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Near support of channel

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
ProTrendLines 5.349 9.169 12.134 12.158 12.406 12.880
Change (%) -55.92% -24.44% - +0.20% +2.24% +6.15%
Change -6.785 -2.965 - +0.024 +0.272 +0.746
Level Intermediate Major - Intermediate Major 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
Standard11.73911.96512.07912.30512.41912.64512.759
Camarilla12.09912.13012.16112.19212.22312.25412.286
Woodie11.68211.93712.02212.27712.36212.61712.702
Fibonacci11.96512.09512.17612.30512.43512.51612.645


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard11.15611.62811.93612.40812.71613.18813.496
Camarilla12.03012.10112.17312.24412.31612.38712.459
Woodie11.07411.58711.85412.36712.63413.14713.414
Fibonacci11.62811.92612.11012.40812.70612.89013.188


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard10.95111.62112.78913.45914.62715.29716.465
Camarilla13.45313.62113.79013.95814.12714.29514.464
Woodie11.20111.74613.03913.58414.87715.42216.715
Fibonacci11.62112.32312.75713.45914.16114.59515.297

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): 38.06
MACD (12,26,9): -0.0540
Directional Movement: -19.155
AROON (14): -78.571
DEMA (21): 12.297
Parabolic SAR (0,02-0,02-0,2): 12.586
Elder Ray (13): -0.156
Super Trend (3,10): 12.530
Zig ZAG (10): 12.100
VORTEX (21): 0.7720
Stochastique (14,3,5): 8.54
TEMA (21): 12.265
Williams %R (14): -96.11
Chande Momentum Oscillator (20): -0.378
Repulse (5,40,3): -2.7350
ROCnROLL: 2
TRIX (15,9): -0.0240
Courbe Coppock: 1.29
MA7: 12.322
MA20: 13.151
MA50: 13.170
MA100: 13.611
MAexp7: 12.270
MAexp20: 12.355
MAexp50: 12.453
MAexp100: 12.697
Price / MA7: -1.53%
Price / MA20: -7.73%
Price / MA50: -7.87%
Price / MA100: -10.85%
Price / MAexp7: -1.11%
Price / MAexp20: -1.79%
Price / MAexp50: -2.56%
Price / MAexp100: -4.43%

Quotes : - 15 min delayed data - Actions Allemagne