KLARSEN - 1H - Technical analysis published on 01/26/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
56%
28%
My opinion
Bearish under 2.88 EUR
My targets
2.76 EUR (-1.43%)
2.64 EUR (-5.71%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on KLARSEN as long as the price remains well below 2.88 EUR. The sellers' bearish objective is set at 2.76 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 2.64 EUR. In case of crossing, the next objective would be the support located at 2.34 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
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
0
10
7.3
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This analysis was given by pierrott. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The KLARSEN rating is 2.80 EUR. The price registered a decrease of -3.45% on the session and was traded between 2.76 EUR and 2.85 EUR over the period. The price is currently at +1.45% from its lowest and -1.75% from its highest.2.76
2.85
2.80
A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by KLARSEN:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this KLARSEN chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
In fact, 10 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near support of channel
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.34 | 2.64 | 2.76 | 2.80 | 2.88 | 3.00 | 3.20 |
| Change (%) | -16.43% | -5.71% | -1.43% | - | +2.86% | +7.14% | +14.29% |
| Change | -0.46 | -0.16 | -0.04 | - | +0.08 | +0.20 | +0.40 |
| Level | Major | Intermediate | Minor | - | Major | Minor | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.67 | 2.75 | 2.82 | 2.90 | 2.97 | 3.05 | 3.12 |
| Camarilla | 2.86 | 2.87 | 2.89 | 2.90 | 2.91 | 2.93 | 2.94 |
| Woodie | 2.68 | 2.75 | 2.83 | 2.90 | 2.98 | 3.05 | 3.13 |
| Fibonacci | 2.75 | 2.80 | 2.84 | 2.90 | 2.95 | 2.99 | 3.05 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.31 | 2.60 | 2.80 | 3.09 | 3.29 | 3.58 | 3.78 |
| Camarilla | 2.87 | 2.91 | 2.96 | 3.00 | 3.05 | 3.09 | 3.14 |
| Woodie | 2.27 | 2.58 | 2.76 | 3.07 | 3.25 | 3.56 | 3.74 |
| Fibonacci | 2.60 | 2.79 | 2.90 | 3.09 | 3.28 | 3.39 | 3.58 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.85 | 1.40 | 2.06 | 2.61 | 3.27 | 3.82 | 4.48 |
| Camarilla | 2.39 | 2.50 | 2.61 | 2.72 | 2.83 | 2.94 | 3.05 |
| Woodie | 0.91 | 1.43 | 2.12 | 2.64 | 3.33 | 3.85 | 4.54 |
| Fibonacci | 1.40 | 1.86 | 2.15 | 2.61 | 3.07 | 3.36 | 3.82 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 41.46 | |
| MACD (12,26,9): | -0.0300 | |
| Directional Movement: | -5.43 | |
| AROON (14): | -35.71 | |
| DEMA (21): | 2.84 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.96 | |
| Elder Ray (13): | -0.06 | |
| Super Trend (3,10): | 2.99 | |
| Zig ZAG (10): | 2.80 | |
| VORTEX (21): | 0.8100 | |
| Stochastique (14,3,5): | 30.79 | |
| TEMA (21): | 2.84 | |
| Williams %R (14): | -80.95 | |
| Chande Momentum Oscillator (20): | -0.13 | |
| Repulse (5,40,3): | 1.1700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1300 | |
| Courbe Coppock: | 4.41 |
| MA7: | 2.92 | |
| MA20: | 3.06 | |
| MA50: | 2.72 | |
| MA100: | 2.96 | |
| MAexp7: | 2.85 | |
| MAexp20: | 2.88 | |
| MAexp50: | 2.94 | |
| MAexp100: | 2.99 | |
| Price / MA7: | -4.11% | |
| Price / MA20: | -8.50% | |
| Price / MA50: | +2.94% | |
| Price / MA100: | -5.41% | |
| Price / MAexp7: | -1.75% | |
| Price / MAexp20: | -2.78% | |
| Price / MAexp50: | -4.76% | |
| Price / MAexp100: | -6.35% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
Don't forget to follow the news on KLARSEN. At the time of publication of this analysis, the latest news was as follows:
Groupe ConcoursManiaThis member declared not having a position on this financial instrument or a related financial instrument.
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