EUROFINS SCIENT.

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	ERF
ISIN:	FR0014000MR3

EUROFINS SCIENT. - 1H - Technical analysis published on 01/12/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

17%

61%

22%

My opinion

Bearish under 57.61 EUR

My targets

55.98 EUR (-1.58%)

55.10 EUR (-3.13%)

My analysis

EUROFINS SCIENT. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 57.61 EUR. The next support located at 55.98 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 55.10 EUR. Below this support, sellers could then target 54.18 EUR. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.

Force

7.1

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by ppires. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The EUROFINS SCIENT. rating is 56.88 EUR. The price is lower by -0.59% since the last closing and was traded between 56.30 EUR and 57.46 EUR over the period. The price is currently at +1.03% from its lowest and -1.01% from its highest.

56.30

57.46

56.88

The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.

Opening Gap DOWN

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of EUROFINS SCIENT. in 1H shows a overall strongly bearish trend. The signals given by moving averages are 89.29% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 11 technical indicators on 18 studied are currently positioned bearish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found no further results concerning independent technical indicators.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near support of channel

Type : Bullish

Timeframe : 1 hour

Near support of triangle

Type : Bullish

Timeframe : 1 hour

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Long white line

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	55.10	55.98	56.84	56.88	57.61	58.24	59.69
Change (%)	-3.13%	-1.58%	-0.07%	-	+1.28%	+2.39%	+4.94%
Change	-1.78	-0.90	-0.04	-	+0.73	+1.36	+2.81
Level	Minor	Minor	Intermediate	-	Minor	Intermediate	Major

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	55.25	56.15	56.69	57.59	58.13	59.03	59.57
Camarilla	56.82	56.96	57.09	57.22	57.35	57.48	57.62
Woodie	55.06	56.06	56.50	57.50	57.94	58.94	59.38
Fibonacci	56.15	56.70	57.04	57.59	58.14	58.48	59.03

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	52.95	54.91	56.19	58.15	59.43	61.39	62.67
Camarilla	56.57	56.87	57.16	57.46	57.76	58.05	58.35
Woodie	52.60	54.74	55.84	57.98	59.08	61.22	62.32
Fibonacci	54.91	56.15	56.92	58.15	59.39	60.16	61.39

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	47.54	50.10	54.54	57.10	61.54	64.10	68.54
Camarilla	57.06	57.70	58.34	58.98	59.62	60.26	60.91
Woodie	48.48	50.57	55.48	57.57	62.48	64.57	69.48
Fibonacci	50.10	52.77	54.43	57.10	59.77	61.43	64.10

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	42.59
MACD (12,26,9):	-0.0400
Directional Movement:	-22.81
AROON (14):	-57.14
DEMA (21):	57.48
Parabolic SAR (0,02-0,02-0,2):	58.44
Elder Ray (13):	-0.61
Super Trend (3,10):	58.19
Zig ZAG (10):	57.02
VORTEX (21):	0.8600
Stochastique (14,3,5):	19.96
TEMA (21):	57.46
Williams %R (14):	-69.09
Chande Momentum Oscillator (20):	-0.24
Repulse (5,40,3):	0.1200
ROCnROLL:	2
TRIX (15,9):	0.0100
Courbe Coppock:	0.26

MA7:	57.50
MA20:	58.01
MA50:	54.65
MA100:	53.68
MAexp7:	57.37
MAexp20:	57.51
MAexp50:	57.64
MAexp100:	57.74
Price / MA7:	-1.08%
Price / MA20:	-1.95%
Price / MA50:	+4.08%
Price / MA100:	+5.96%
Price / MAexp7:	-0.85%
Price / MAexp20:	-1.10%
Price / MAexp50:	-1.32%
Price / MAexp100:	-1.49%

Quotes : - 15 min delayed data - Euronext Paris

News

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

This member declared not having a position on this financial instrument or a related financial instrument.

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