ORPEA - 1H - Technical analysis published on 08/02/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
39%
39%
My opinion
Bearish under 1.7735 EUR
My targets
1.6460 EUR (-5.40%)
1.6150 EUR (-7.18%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on ORPEA as long as the price remains well below 1.7735 EUR. The sellers' bearish objective is set at 1.6460 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.6150 EUR. In case of crossing, the next objective would be the support located at 1.4830 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.6
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Additional analysis
Quotes
The ORPEA rating is 1.7400 EUR. The price registered a decrease of -0.03% on the session and was traded between 1.7255 EUR and 1.8060 EUR over the period. The price is currently at +0.84% from its lowest and -3.65% from its highest.1.7255
1.8060
1.7400
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this ORPEA chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
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
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 1.7400 | 1.7400 | 1.7735 | 1.8787 | 1.9367 |
| Change (%) | 0% | - | +1.93% | +7.97% | +11.30% |
| Change | 0 | - | +0.0335 | +0.1387 | +0.1967 |
| Level | Intermediate | - | Major | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.6718 | 1.7062 | 1.7233 | 1.7577 | 1.7748 | 1.8092 | 1.8263 |
| Camarilla | 1.7263 | 1.7311 | 1.7358 | 1.7405 | 1.7452 | 1.7499 | 1.7547 |
| Woodie | 1.6633 | 1.7019 | 1.7148 | 1.7534 | 1.7663 | 1.8049 | 1.8178 |
| Fibonacci | 1.7062 | 1.7258 | 1.7380 | 1.7577 | 1.7773 | 1.7895 | 1.8092 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.2260 | 1.4830 | 1.6460 | 1.9030 | 2.0660 | 2.3230 | 2.4860 |
| Camarilla | 1.6935 | 1.7320 | 1.7705 | 1.8090 | 1.8475 | 1.8860 | 1.9245 |
| Woodie | 1.1790 | 1.4595 | 1.5990 | 1.8795 | 2.0190 | 2.2995 | 2.4390 |
| Fibonacci | 1.4830 | 1.6434 | 1.7426 | 1.9030 | 2.0634 | 2.1626 | 2.3230 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1950 | 1.4675 | 1.6150 | 1.8875 | 2.0350 | 2.3075 | 2.4550 |
| Camarilla | 1.6470 | 1.6855 | 1.7240 | 1.7625 | 1.8010 | 1.8395 | 1.8780 |
| Woodie | 1.1325 | 1.4363 | 1.5525 | 1.8563 | 1.9725 | 2.2763 | 2.3925 |
| Fibonacci | 1.4675 | 1.6279 | 1.7271 | 1.8875 | 2.0479 | 2.1471 | 2.3075 |
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): | 40.76 | |
| MACD (12,26,9): | -0.0108 | |
| Directional Movement: | 6.9420 | |
| AROON (14): | 0 | |
| DEMA (21): | 1.7495 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.7255 | |
| Elder Ray (13): | -0.0102 | |
| Super Trend (3,10): | 1.8027 | |
| Zig ZAG (10): | 1.7430 | |
| VORTEX (21): | 0.9171 | |
| Stochastique (14,3,5): | 37.89 | |
| TEMA (21): | 1.7480 | |
| Williams %R (14): | -78.26 | |
| Chande Momentum Oscillator (20): | -0.0320 | |
| Repulse (5,40,3): | -1.4590 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0852 | |
| Courbe Coppock: | 2.80 |
| MA7: | 1.7896 | |
| MA20: | 1.8189 | |
| MA50: | 1.9405 | |
| MA100: | 2.2025 | |
| MAexp7: | 1.7535 | |
| MAexp20: | 1.7639 | |
| MAexp50: | 1.7825 | |
| MAexp100: | 1.8058 | |
| Price / MA7: | -2.77% | |
| Price / MA20: | -4.34% | |
| Price / MA50: | -10.33% | |
| Price / MA100: | -21.00% | |
| Price / MAexp7: | -0.77% | |
| Price / MAexp20: | -1.35% | |
| Price / MAexp50: | -2.38% | |
| Price / MAexp100: | -3.64% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
Don't forget to follow the news on ORPEA. At the time of publication of this analysis, the latest news was as follows:
- ORPEA Announces the Sale of Property Portfolios in the Netherlands and Austria for a Total Amount of €83 Million
- ORPEA Revenue for the First Half of 2023: €2,539 M, up +10.7% Despite a Lower-than-expected Occupancy Rate for Retirement Homes in France
- ORPEA Achieves a Decisive Step in the Implementation of Its Financial Restructuring: the Specialised Commercial Court of Nanterre Approves the Accelerated Safeguard Plan Proposed by the Company
- ORPEA: Cash Situation and Operational Performance Outlook for 2023
- ORPEA's Restructuring Plan Is Supported by a Majority of the Classes of Parties Affected
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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