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$EGL (Mota Engil) Price Analysis
Buy, Hold or Sell?

Let's analyze Mota Engil together

Penke

I guess you are interested in Mota Engil. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • 📈 Technical Analysis (TA) – Mota Engil’s Price Targets

I'm going to help you getting a better view of Mota Engil. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Technical Analysis of Mota Engil
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Mota Engil. The general trend of Mota Engil is BEARISH with 14.3% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Mota Engil's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-14.3%) Bearish trend (14.3%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Neutral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Neutral to overboughtOverbought=Overbought

1. Mota Engil Price Targets

1.1 sr

Score

Let's take a look at the sr of Mota Engil.

  • The price is trading between support and resistance lines.
Mota Engil Daily sr Chart
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2. Trend Indicators

2.1 Moving Averages

Score

Let's take a look at the Moving Averages of Mota Engil.

  • The SHORT shows weakening trend behaviour.
  • Price action is supported by the SHORT.
  • The SHORT is lagging behind the MEDIUM, indicating weaker trend alignment.
  • The SHORT is lagging behind the INTER, indicating weaker trend alignment.
  • The SHORT is lagging behind the LONG, indicating weaker trend alignment.
  • The MEDIUM shows a strengthening upward trend.
  • Price action is supported by the MEDIUM.
  • The MEDIUM is lagging behind the INTER, indicating weaker trend alignment.
  • The MEDIUM is lagging behind the LONG, indicating weaker trend alignment.
  • The INTER shows weakening trend behaviour.
  • Price action is trading under pressure relative to the INTER.
  • The INTER is leading the LONG, indicating positive trend alignment.
  • The LONG shows a strengthening upward trend.
  • Price action is supported by the LONG.

Directionalities and relatives.

Moving AverageTrendPricevs. MEDIUMvs. INTERvs. LONG
SHORT
MEDIUM
INTER
LONG

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Mota Engil Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Mota Engil.

  • Momentum is leaning bullish. Buying pressure currently dominates selling pressure, suggesting growing optimism and increased willingness to accumulate Mota Engil.
  • Overall momentum is negative. Market conditions reflect cautious sentiment, with sellers exerting more influence and limiting upside progress for Mota Engil.
  • Momentum is improving. Bullish pressure is strengthening as confidence builds and market participants position for potential continuation.
Mota Engil Daily Moving Average Convergence/Divergence (MACD) ChartMota Engil Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

Score

Let's take a look at the Directional Movement Index (DMI) of Mota Engil.

  • Directional bias favors buyers. Buying pressure currently dominates selling pressure, reflecting constructive sentiment and growing confidence among market participants.
  • A strong bullish trend is in place and gaining strength, indicating increasing directional conviction and sustained buying interest.
Mota Engil Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Score

Let's take a look at the Parabolic SAR of Mota Engil.

  • Price action is supported by the prevailing trend structure, which is commonly interpreted as a bullish market signal.
Mota Engil Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Score

Let's take a look at the Relative Strength Index (RSI) of Mota Engil. The current phase is Correction in bear market.

  • Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
  • Momentum is weakening as selling pressure becomes more pronounced.
Mota Engil Daily Relative Strength Index (RSI) ChartMota Engil Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Score

Let's take a look at the Stochastic Oscillator of Mota Engil. The current phase is Correction in bear market.

  • Momentum favors buyers, indicating constructive short-term market participation.
  • Momentum is leaning bearish, with selling pressure outweighing buying interest and signaling increased short-term caution for Mota Engil.
  • Momentum is weakening as selling pressure increases and short-term sentiment deteriorates.
Mota Engil Daily Stochastic Oscillator ChartMota Engil Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Score

Let's take a look at the Commodity Channel Index (CCI) of Mota Engil.

Mota Engil Daily Commodity Channel Index (CCI) ChartMota Engil Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Mota Engil.

  • Momentum is leaning positive, indicating constructive market conditions and increasing upside participation.
Mota Engil Daily Chande Momentum Oscillator (CMO) ChartMota Engil Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

Score

Let's take a look at the Williams %R of Mota Engil.

  • Momentum appears balanced, with neither buyers nor sellers showing a clear advantage in the current market environment.
Mota Engil Daily Williams %R ChartMota Engil Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Score

Let's take a look at the Bollinger Bands of Mota Engil.

Mota Engil Daily Bollinger Bands Chart
4.2 Average True Range (ATR)

Score

Let's take a look at the Average True Range (ATR) of Mota Engil.

Mota Engil Daily Average True Range (ATR) ChartMota Engil Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

Score

Let's take a look at the On-Balance Volume (OBV) of Mota Engil.

Mota Engil Daily On-Balance Volume (OBV) ChartMota Engil Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Score

Let's take a look at the Money Flow Index (MFI) of Mota Engil.

  • Money flow favors buyers, indicating constructive participation and supportive market conditions.
Mota Engil Daily Money Flow Index (MFI) ChartMota Engil Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Mota Engil.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal

6.3. Candlestick Patterns

Mota Engil Daily Candlestick Chart
DateCandlestick Pattern
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