Londinia Opportunities Analyses - 10/06/2022 (GMT) SACYR - 1H

- EUR (-)

- 15 min delayed data - Spain Stocks

Type:	Stocks
Ticker:	SCYR
ISIN:	ES0182870214

Londinia

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

89%

11%

My opinion

Bullish above 2.318 EUR

My targets

2.366 EUR (+1.37%)

2.480 EUR (+6.26%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SACYR as long as the price remains well above 2.318 EUR. The buyers' bullish objective is set at 2.366 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2.480 EUR. If there is any crossing, the next objective would be the resistance located at 2.568 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

8.9

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The SACYR rating is 2.334 EUR. The price registered an increase of +3.18% on the session and was between 2.290 EUR and 2.458 EUR. This implies that the price is at +1.92% from its lowest and at -5.04% from its highest.

2.290

2.458

2.334

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by SACYR:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this SACYR 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.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

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

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2.253	2.282	2.318	2.334	2.366	2.480	2.568
Change (%)	-3.47%	-2.23%	-0.69%	-	+1.37%	+6.26%	+10.03%
Change	-0.081	-0.052	-0.016	-	+0.032	+0.146	+0.234
Level	Minor	Minor	Minor	-	Major	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
Standard	2.105	2.153	2.207	2.255	2.309	2.357	2.411
Camarilla	2.234	2.243	2.253	2.262	2.271	2.281	2.290
Woodie	2.109	2.155	2.211	2.257	2.313	2.359	2.415
Fibonacci	2.153	2.192	2.216	2.255	2.294	2.318	2.357

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.935	1.995	2.117	2.177	2.299	2.359	2.481
Camarilla	2.188	2.205	2.221	2.238	2.255	2.271	2.288
Woodie	1.965	2.011	2.147	2.193	2.329	2.375	2.511
Fibonacci	1.995	2.065	2.108	2.177	2.247	2.290	2.359

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.759	1.905	2.071	2.217	2.383	2.529	2.695
Camarilla	2.152	2.181	2.209	2.238	2.267	2.295	2.324
Woodie	1.770	1.910	2.082	2.222	2.394	2.534	2.706
Fibonacci	1.905	2.024	2.098	2.217	2.336	2.410	2.529

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):	65.75
MACD (12,26,9):	0.0250
Directional Movement:	32.826
AROON (14):	57.143
DEMA (21):	2.313
Parabolic SAR (0,02-0,02-0,2):	2.220
Elder Ray (13):	0.037
Super Trend (3,10):	2.258
Zig ZAG (10):	2.332
VORTEX (21):	1.0510
Stochastique (14,3,5):	53.23
TEMA (21):	2.321
Williams %R (14):	-48.84
Chande Momentum Oscillator (20):	0.132
Repulse (5,40,3):	-0.1990
ROCnROLL:	1
TRIX (15,9):	0.1050
Courbe Coppock:	2.93

MA7:	2.245
MA20:	2.245
MA50:	2.257
MA100:	2.334
MAexp7:	2.316
MAexp20:	2.283
MAexp50:	2.248
MAexp100:	2.229
Price / MA7:	+3.96%
Price / MA20:	+3.96%
Price / MA50:	+3.41%
Price / MA100:	-0%
Price / MAexp7:	+0.78%
Price / MAexp20:	+2.23%
Price / MAexp50:	+3.83%
Price / MAexp100:	+4.71%

Quotes : - 15 min delayed data - Actions Espagne

News

The latest news and videos published on SACYR at the time of the analysis were as follows:

Sacyr