ORPEA

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	ORP
ISIN:	FR001400NLM4

ORPEA - 1H - Technical analysis published on 03/22/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

61%

33%

My opinion

Bullish above 13.3491 EUR

My targets

15.0000 EUR (+9.47%)

17.1000 EUR (+24.80%)

My analysis

ORPEA is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 13.3491 EUR. The next resistance located at 15.0000 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 17.1000 EUR. After this resistance, buyers could then target 113.3260 EUR. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

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.

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

Additional analysis

Quotes

ORPEA rating 13.7020 EUR. On the day, this instrument gained +6.22% and was between 12.9100 EUR and 14.4000 EUR. This implies that the price is at +6.13% from its lowest and at -4.85% from its highest.

12.9100

14.4000

13.7020

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

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, which identifies the highest / lowest, has detected several elements:

New LOW record (5 years)

Type : Bearish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of this 1H chart of ORPEA indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

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 1

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	12.1000	13.0000	13.3491	13.7020	113.3260	582.3740	1,872.0178
Change (%)	-11.69%	-5.12%	-2.58%	-	+727.08%	+4,150.28%	+13,562.37%
Change	-1.6020	-0.7020	-0.3529	-	+99.6240	+568.6720	+1,858.3158
Level	Minor	Intermediate	Intermediate	-	Minor	Intermediate	Intermediate

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	10.9667	11.6333	12.2667	12.9333	13.5667	14.2333	14.8667
Camarilla	12.5425	12.6617	12.7808	12.9000	13.0192	13.1383	13.2575
Woodie	10.9500	11.6250	12.2500	12.9250	13.5500	14.2250	14.8500
Fibonacci	11.6333	12.1299	12.4367	12.9333	13.4299	13.7367	14.2333

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.0000	10.6000	10.9000	11.5000	11.8000	12.4000	12.7000
Camarilla	10.9525	11.0350	11.1175	11.2000	11.2825	11.3650	11.4475
Woodie	9.8500	10.5250	10.7500	11.4250	11.6500	12.3250	12.5500
Fibonacci	10.6000	10.9438	11.1562	11.5000	11.8438	12.0562	12.4000

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.8000	8.9000	10.9000	13.0000	15.0000	17.1000	19.1000
Camarilla	11.7725	12.1483	12.5242	12.9000	13.2758	13.6517	14.0275
Woodie	6.7500	8.8750	10.8500	12.9750	14.9500	17.0750	19.0500
Fibonacci	8.9000	10.4662	11.4338	13.0000	14.5662	15.5338	17.1000

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):	69.46
MACD (12,26,9):	0.6805
Directional Movement:	27.8634
AROON (14):	92.8571
DEMA (21):	13.7398
Parabolic SAR (0,02-0,02-0,2):	13.4387
Elder Ray (13):	0.6220
Super Trend (3,10):	12.6842
Zig ZAG (10):	13.9800
VORTEX (21):	1.2825
Stochastique (14,3,5):	83.06
TEMA (21):	14.1803
Williams %R (14):	-20.48
Chande Momentum Oscillator (20):	1.2700
Repulse (5,40,3):	2.3432
ROCnROLL:	1
TRIX (15,9):	0.7380
Courbe Coppock:	23.28

MA7:	11.8829
MA20:	12.0140
MA50:	12.9336
MA100:	61.1998
MAexp7:	13.6920
MAexp20:	12.8981
MAexp50:	12.1736
MAexp100:	12.0139
Price / MA7:	+15.31%
Price / MA20:	+14.05%
Price / MA50:	+5.94%
Price / MA100:	-77.61%
Price / MAexp7:	+0.07%
Price / MAexp20:	+6.23%
Price / MAexp50:	+12.56%
Price / MAexp100:	+14.05%

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:

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

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