ORANGE

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	ORA
ISIN:	FR0000133308

ORANGE - Daily - Technical analysis published on 09/21/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

89%

11%

My opinion

Bullish above 10.857 EUR

My targets

11.882 EUR (+5.64%)

My analysis

In the short term, there could be an acceleration of the basic bullish trend on ORANGE. This is a positive signal for buyers. As long as the price remains above 10.857 EUR, a purchase could be considered. The first bullish objective is located at 11.882 EUR. The bullish momentum would be boosted by a break in this resistance. In the event of a return below 10.857 EUR, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.5

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.

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Additional analysis

Quotes

ORANGE rating 11.248 EUR. The price is lower by -0.02% since the last closing and was traded between 11.242 EUR and 11.282 EUR over the period. The price is currently at +0.05% from its lowest and -0.30% from its highest.

11.242

11.282

11.248

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

Opening Gap UP

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

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

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of ORANGE indicates that the overall trend is bullish. 78.57% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Upside gap

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	10.321	10.641	10.857	11.248	11.386	11.882
Change (%)	-8.24%	-5.40%	-3.48%	-	+1.23%	+5.64%
Change	-0.927	-0.607	-0.391	-	+0.138	+0.634
Level	Intermediate	Major	Major	-	Major	Minor

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	11.063	11.127	11.189	11.253	11.315	11.379	11.441
Camarilla	11.215	11.227	11.239	11.250	11.262	11.273	11.285
Woodie	11.061	11.127	11.187	11.253	11.313	11.379	11.439
Fibonacci	11.127	11.176	11.205	11.253	11.302	11.331	11.379

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.595	10.717	10.889	11.011	11.183	11.305	11.477
Camarilla	10.979	11.006	11.033	11.060	11.087	11.114	11.141
Woodie	10.619	10.730	10.913	11.024	11.207	11.318	11.501
Fibonacci	10.717	10.830	10.899	11.011	11.124	11.193	11.305

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.560	9.770	10.064	10.274	10.568	10.778	11.072
Camarilla	10.219	10.266	10.312	10.358	10.404	10.450	10.497
Woodie	9.602	9.791	10.106	10.295	10.610	10.799	11.114
Fibonacci	9.770	9.963	10.082	10.274	10.467	10.586	10.778

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):	82.85
MACD (12,26,9):	0.2200
Directional Movement:	32.028
AROON (14):	78.571
DEMA (21):	11.035
Parabolic SAR (0,02-0,02-0,2):	10.765
Elder Ray (13):	0.348
Super Trend (3,10):	10.870
Zig ZAG (10):	11.250
VORTEX (21):	1.2950
Stochastique (14,3,5):	96.72
TEMA (21):	11.211
Williams %R (14):	-6.15
Chande Momentum Oscillator (20):	0.866
Repulse (5,40,3):	1.2820
ROCnROLL:	1
TRIX (15,9):	0.2160
Courbe Coppock:	14.10

MA7:	11.063
MA20:	10.680
MA50:	10.485
MA100:	10.606
MAexp7:	11.061
MAexp20:	10.781
MAexp50:	10.594
MAexp100:	10.509
Price / MA7:	+1.67%
Price / MA20:	+5.32%
Price / MA50:	+7.28%
Price / MA100:	+6.05%
Price / MAexp7:	+1.69%
Price / MAexp20:	+4.33%
Price / MAexp50:	+6.17%
Price / MAexp100:	+7.03%

Quotes : - 15 min delayed data - Euronext Paris

News

The last news published on ORANGE at the time of the generation of this analysis was as follows:

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

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