Free Atresmedia Corp. de Medios de Comunicacion S.A. (YT2A) Technical Analysis Signals

Overal Signal
Sell
Signals
Hold Hold Sell Neutral
Last Update / Period
21 Jan / Daily
Category/Currency
Stocks/USD
Exchange/Country
XFRA/Germany

Atresmedia Corp. de Medios de Comunicacion S.A. (YT2A) signal with technical analysis on 21 Jan

On 21 Jan, we conducted a comprehensive technical analysis of Atresmedia Corp. de Medios de Comunicacion S.A. (YT2A), considering 256 signals with intricate details. Here are the key findings: 28 signals suggested buy strategies, while 109 indicated sell strategies. The remaining 119 signals remained neutral without offering a specific direction.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's dive into the details of each strategy:

Strategy 1:
Buy Signals: 2
Sell Signals: 32
Neutral Signals: 30
Result: This strategy leads to a Hold position.

Strategy 2:
Buy Signals: 7
Sell Signals: 29
Neutral Signals: 28
Result: This strategy leads to a Hold position.

Strategy 3:
Buy Signals: 7
Sell Signals: 27
Neutral Signals: 30
Result: This strategy leads to a Sell position.

Strategy 4:
Buy Signals: 12
Sell Signals: 21
Neutral Signals: 31
Result: This strategy leads to a Neutral position.

Overall Strategy:
Buy Signals: 28
Sell Signals: 109
Neutral Signals: 119
Result: This strategy leads to a Sell position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are based solely on daily price changes and do not take into account external factors such as news, market sentiment, or company developments. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your Atresmedia Corp. de Medios de Comunicacion S.A. (YT2A) investments, we highly recommend visiting the "Magic Prediction" AI models signals website. They provide free signals, and if one aligns with ours, it is likely to be a reliable indicator, as we have observed over time.


Result: Looking at the technical analysis for Atresmedia Corp. de Medios de Comunicacion S.A. (YT2A) on , there is a tendency towards a sell signal based on historical data and analysis. However, it’s crucial to remember that these signals are not guarantees. Make sure to carefully consider overall market conditions and align your decisions with your specific investment goals.

Based on the above signals and forecasts, we recommend the following strategies:
Atresmedia Corp. de Medios de Comunicacion S.A. (YT2A) trading strategy for those in buy positions (long positions): If you are currently in a buy (long) position, it is advisable to identify the optimal time to exit your position based on a combination of technical signals. Those with a high risk tolerance may choose to wait and observe market movements over the next few days.
Atresmedia Corp. de Medios de Comunicacion S.A. (YT2A) trading strategy for those in sell positions (short positions): If you are in a sell (short) position, holding your position may be the right strategy, as indicated by the consensus of our technical analysis. However, be cautious and monitor market developments closely.
For new positions: If you are not currently invested or considering switching to a sell (short) position, it’s recommended to assess the potential downside of 5.33% based on the lowest expected price range. Ensure that this aligns with your risk tolerance and objectives by conducting thorough research before entering a short position.

In all trading scenarios, a well-defined stop-loss strategy is critical to managing potential downside risks effectively.

Useful Tip: For long-term forecasting, we recommend using the "Predict-price" website, which offers both short-term and long-term predictions at no cost. This resource can support informed decision-making regarding your **Atresmedia Corp. de Medios de Comunicacion S.A. (YT2A)** investments.

Atresmedia Corp. de Medios de Comunicacion S.A. (YT2A) Price Analysis and Support Levels:

In our current Atresmedia Corp. de Medios de Comunicacion S.A. (YT2A) position, we find ourselves in a short position, anticipating a potential downward trend. Understanding the key support levels is essential, as these serve as critical reference points for traders and investors to make informed decisions.

First Support Level: 4.144
We are closely monitoring the price at 4.144, the first support level. If the downward trend continues, breaching this level would signal strong selling pressure, suggesting the possibility of further price depreciation.

Second Support Level: 4.13
If the first support level is broken, the second support level at 4.13 becomes crucial. A break here would indicate stronger downward momentum, likely driven by market sentiment or external factors.

Third Support Level: 3.852
If the second support level is broken and the price continues to decline, this signals a significant market shift. Staying below 3.852 would confirm a persistent downward trend, with traders likely targeting this third level as the next support point.
These support levels should be carefully considered within the context of broader market trends and indicators. By staying alert and consistently analyzing the market, you can make well-informed decisions while trading Atresmedia Corp. de Medios de Comunicacion S.A. (YT2A). Keeping these support levels in mind will help you adapt to the dynamic nature of the market and make smarter trading choices.

Atresmedia Corp. de Medios de Comunicacion S.A. (YT2A) technical analysis chart

Atresmedia Corp. de Medios de Comunicacion S.A. (YT2A) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 4.46 4.68 4.725 4.75 5.34
Support 4.144 4.13 3.852 3.814 3.752
 Atresmedia Corp. de Medios de Comunicacion S.A. (YT2A) Support and Resistance area (21 Jan)

Atresmedia Corp. de Medios de Comunicacion S.A. (YT2A) signals list for 21 Jan

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

Atresmedia Corp. de Medios de Comunicacion S.A. (YT2A) candlestick patterns on 21 Jan

Today's Atresmedia Corp. de Medios de Comunicacion S.A. (YT2A) Candle Patterns List:

Belt-hold Closing Marubozu Marubozu Separating Lines

Atresmedia Corp. de Medios de Comunicacion S.A. (YT2A) technical analysis over the past days

# Date Overal Signals ALL Signals
1 20 Jan Sell HoldHoldSellNeutral
2 17 Jan Hold HoldSellNeutralHold
3 16 Jan Sell HoldNeutralSellHold
4 15 Jan Sell HoldSellNeutralSell
5 14 Jan Sell SellNeutralNeutralNeutral
6 13 Jan Sell NeutralHoldNeutralSell
7 10 Jan Buy HoldHoldNeutralNeutral
8 09 Jan Neutral HoldNeutralNeutralNeutral
9 08 Jan Neutral HoldNeutralNeutralNeutral
10 07 Jan Sell HoldNeutralSellHold
11 06 Jan Hold HoldBuyNeutralHold
12 03 Jan Hold HoldNeutralNeutralHold
13 02 Jan Hold NeutralHoldHoldHold
14 30 Dec Hold NeutralHoldHoldHold
15 27 Dec Hold HoldHoldHoldHold
16 23 Dec Hold HoldHoldHoldHold
17 20 Dec Hold HoldHoldHoldHold
18 19 Dec Hold HoldHoldHoldHold
19 18 Dec Hold HoldHoldHoldHold
20 17 Dec Hold HoldHoldHoldHold
21 16 Dec Sell HoldSellSellSell
22 13 Dec Sell SellHoldHoldHold
23 12 Dec Hold NeutralHoldHoldHold
24 11 Dec Hold HoldHoldHoldHold
25 10 Dec Hold HoldHoldHoldHold
26 09 Dec Hold HoldHoldHoldHold
27 06 Dec Hold HoldHoldHoldHold
28 05 Dec Hold HoldHoldHoldHold
29 04 Dec Hold HoldHoldHoldHold
30 03 Dec Buy BuyBuyHoldHold

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