Greencoat Renewables (CDI) (GRP)

Sell: 0.81€

Buy: 0.85€

Change: -0.01€ | -0.61%

Last updated 16:35 14/11/24. Prices delayed by at least 15 minutes. Change is calculated based on previous close price.

Technical analysis

The information in this section is provided by Noesis Tech Analysis not Barclays.

This share factsheet isn’t an investment recommendation. We don’t offer personal advice so if you’re unsure, please seek independent advice. Remember, the value of investments can fall as well as rise and you may get back less than you invest.

Trend

The trend arrows show short, mid and long term signal.

  • Short term:

    Bearish

  • Medium term:

    Strong Bearish

  • Long term:

    Strong Bearish

Short term comment

The structure, technically speaking, bearish very pressured by the 0.927 area and increasing the risk of overbought and setbacks I would have to overcome 0.927 to propose the change to a more neutral scenario

Long term comment

After the previous decline, with a -20.1% decline, there was a significant upward rebound phase of 18.6%, which began on the 17th of june at 0.817, and ended at the highs of 0.969 (2-october-2024), the fall current has surpassed the previous minimums, in 0.817, reaching at the moment 0.803 (10-november-2024) without sign of stability.

Technical outlook

Bullish in the long term, although it must still break above the resistance at 21.07 to slightly improve in the short term.

Technical Comment: Outperform

Oscillators

Moving average

View technical details

Pivot points

Pivot points
Support 3 Support 2 Support 1 Resistance 1 Resistance 2 Resistance 3
0.7830 0.8000 0.8090 0.8260 0.8340 0.8510

Alerts

Alerts
Priority Date Warning
Medium priority 15/11/2024 Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
Medium priority 15/11/2024 Being near (below) the short-term moving average may lead to a decline, although if it breaks above the level the signal would be reversed to bullish.
Medium priority 15/11/2024 Fast stochastic gives moderate strength signals that may lead to possible short-term rebounds.
Medium priority 14/11/2024 The RSI7 indicates short term oversold, which may reflect, renewed upward short-term recovering.
Medium priority 14/11/2024 Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
High priority 14/11/2024 The price is close to supports. It is recommended to monitor if bulls are back in control when they are reached.
Medium priority 14/11/2024 Fast stochastic gives moderate strength signals that may lead to possible short-term rebounds.
Medium priority 13/11/2024 The RSI7 indicates short term oversold, which may reflect, renewed upward short-term recovering.
Medium priority 13/11/2024 Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
Medium priority 13/11/2024 Fast stochastic gives moderate strength signals that may lead to possible short-term rebounds.
Medium priority 12/11/2024 The RSI7 indicates short term oversold, which may reflect, renewed upward short-term recovering.

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