ORANGE

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	ORA
ISIN:	FR0000133308

ORANGE - 1H - Technical analysis published on 03/27/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

94%

My opinion

Bullish above 10.716 EUR

My targets

10.904 EUR (+0.83%)

11.094 EUR (+2.59%)

My analysis

The bullish trend is currently very strong on ORANGE. As long as the price remains above the support at 10.716 EUR, you could try to benefit from the boom. The first bullish objective is located at 10.904 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 11.094 EUR as an objective. Crossing it would then enable buyers to target 11.298 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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

9.1

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 Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The ORANGE price is 10.814 EUR. The price has increased by +1.73% since the last closing and was between 10.608 EUR and 10.814 EUR. This implies that the price is at +1.94% from its lowest and at 0% from its highest.

10.608

10.814

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

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 LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of ORANGE indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	10.631	10.670	10.716	10.814	10.840	10.904	11.094
Change (%)	-1.69%	-1.33%	-0.91%	-	+0.24%	+0.83%	+2.59%
Change	-0.183	-0.144	-0.098	-	+0.026	+0.090	+0.280
Level	Intermediate	Major	Minor	-	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	10.446	10.494	10.562	10.610	10.678	10.726	10.794
Camarilla	10.598	10.609	10.619	10.630	10.641	10.651	10.662
Woodie	10.456	10.499	10.572	10.615	10.688	10.731	10.804
Fibonacci	10.494	10.538	10.566	10.610	10.654	10.682	10.726

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.317	10.397	10.509	10.589	10.701	10.781	10.893
Camarilla	10.567	10.585	10.602	10.620	10.638	10.655	10.673
Woodie	10.332	10.405	10.524	10.597	10.716	10.789	10.908
Fibonacci	10.397	10.471	10.516	10.589	10.663	10.708	10.781

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.713	10.107	10.357	10.751	11.001	11.395	11.645
Camarilla	10.429	10.488	10.547	10.606	10.665	10.724	10.783
Woodie	9.640	10.071	10.284	10.715	10.928	11.359	11.572
Fibonacci	10.107	10.353	10.505	10.751	10.997	11.149	11.395

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	73.42
MACD (12,26,9):	0.0410
Directional Movement:	26.000
AROON (14):	85.714
DEMA (21):	10.733
Parabolic SAR (0,02-0,02-0,2):	10.604
Elder Ray (13):	0.090
Super Trend (3,10):	10.685
Zig ZAG (10):	10.814
VORTEX (21):	1.2220
Stochastique (14,3,5):	96.73
TEMA (21):	10.760
Williams %R (14):	-1.47
Chande Momentum Oscillator (20):	0.204
Repulse (5,40,3):	0.7500
ROCnROLL:	1
TRIX (15,9):	0.0280
Courbe Coppock:	1.94

MA7:	10.637
MA20:	10.573
MA50:	10.761
MA100:	10.762
MAexp7:	10.747
MAexp20:	10.687
MAexp50:	10.642
MAexp100:	10.617
Price / MA7:	+1.66%
Price / MA20:	+2.28%
Price / MA50:	+0.49%
Price / MA100:	+0.48%
Price / MAexp7:	+0.62%
Price / MAexp20:	+1.19%
Price / MAexp50:	+1.62%
Price / MAexp100:	+1.86%

Quotes : - 15 min delayed data - Euronext Paris

News

The latest news and videos published on ORANGE 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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Londinia AI

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