Londinia Opportunities Analyses - 09/23/2022 (GMT) D. FELGUERA - 1H

D. FELGUERA
- EUR (-)
- 15 min delayed data - Spain Stocks
Type: Stocks
Ticker: MDF
ISIN: ES0162600003

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 bearish
Underlying: Strongly bearish
Technical indicators
11%
72%
17%
My opinion
Bearish under 0.670 EUR
My targets
0.643 EUR (-2.58%)
0.625 EUR (-5.30%)
My analysis
The bearish trend is currently very strong for D. FELGUERA. As long as the price remains below the resistance at 0.670 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.643 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.625 EUR as an objective. Crossing it would then enable sellers to target 0.462 EUR. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.

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

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

D. FELGUERA rating 0.660 EUR. The price registered a decrease of -4.62% on the session and was traded between 0.660 EUR and 0.699 EUR over the period. The price is currently at 0% from its lowest and -5.58% from its highest.

0.660
0.699
0.660

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

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 the following items:

Central Records

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of D. FELGUERA in 1H shows a overall strongly bearish trend. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, 13 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


Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near support of channel

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 0.329 0.462 0.643 0.660 0.670 0.710 0.741
Change (%) -50.15% -30.00% -2.58% - +1.52% +7.58% +12.27%
Change -0.331 -0.198 -0.017 - +0.010 +0.050 +0.081
Level Minor Minor Major - Intermediate Minor Minor



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
Standard0.6540.6630.6780.6870.7020.7110.726
Camarilla0.6850.6880.6900.6920.6940.6960.699
Woodie0.6560.6650.6800.6890.7040.7130.728
Fibonacci0.6630.6730.6780.6870.6970.7020.711


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.6690.6890.7070.7270.7450.7650.783
Camarilla0.7140.7170.7210.7240.7280.7310.735
Woodie0.6670.6890.7050.7270.7430.7650.781
Fibonacci0.6890.7040.7130.7270.7420.7510.765


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.5530.6250.7000.7720.8470.9190.994
Camarilla0.7350.7480.7620.7750.7890.8020.815
Woodie0.5550.6260.7020.7730.8490.9200.996
Fibonacci0.6250.6810.7160.7720.8280.8630.919

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): 35.46
MACD (12,26,9): -0.0120
Directional Movement: -10.770
AROON (14): -28.571
DEMA (21): 0.672
Parabolic SAR (0,02-0,02-0,2): 0.693
Elder Ray (13): -0.020
Super Trend (3,10): 0.698
Zig ZAG (10): 0.660
VORTEX (21): 0.7880
Stochastique (14,3,5): 0.00
TEMA (21): 0.667
Williams %R (14): -100.00
Chande Momentum Oscillator (20): -0.022
Repulse (5,40,3): -2.6630
ROCnROLL: 2
TRIX (15,9): -0.2010
Courbe Coppock: 5.07
MA7: 0.707
MA20: 0.737
MA50: 0.744
MA100: 0.784
MAexp7: 0.673
MAexp20: 0.686
MAexp50: 0.703
MAexp100: 0.720
Price / MA7: -6.65%
Price / MA20: -10.45%
Price / MA50: -11.29%
Price / MA100: -15.82%
Price / MAexp7: -1.93%
Price / MAexp20: -3.79%
Price / MAexp50: -6.12%
Price / MAexp100: -8.33%

Quotes : - 15 min delayed data - Actions Espagne