Londinia Opportunities Analyses - 05/03/2024 (GMT) EVE HOLDING INC. - 1H

EVE HOLDING INC.
- USD (-)
- 15 min delayed data - NYSE Stocks
Type: Stocks
Ticker: EVEX
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • U.S. Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 5.33 USD
My targets
5.58 USD (+2.57%)
5.67 USD (+4.23%)
My analysis
EVE HOLDING INC. 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 5.33 USD. The next resistance located at 5.58 USD 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 5.67 USD. After this resistance, buyers could then target 5.89 USD. 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.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.2

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Additional analysis

Quotes

The EVE HOLDING INC. price is 5.44 USD. The price registered a decrease of -0.73% on the session and was traded between 5.43 USD and 5.58 USD over the period. The price is currently at +0.18% from its lowest and -2.51% from its highest.

5.43
5.58
5.44

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by EVE HOLDING INC.:

Technical


Technical analysis of EVE HOLDING INC. in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by 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, 13 technical indicators out of 18 analysed are currently bullish. The Central Indicators scanner found no further results concerning independent technical indicators.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour



The presence of these bullish Japanese candlestick patterns detected by Central Candlesticks that could cause a very short term rebound were also noted:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : 1 hour


Bullish harami cross

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 4.95 5.08 5.33 5.44 5.46 5.58 5.67
Change (%) -9.01% -6.62% -2.02% - +0.37% +2.57% +4.23%
Change -0.49 -0.36 -0.11 - +0.02 +0.14 +0.23
Level Major Minor Intermediate - Major Intermediate Minor



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
Standard5.005.135.315.445.625.755.93
Camarilla5.405.425.455.485.515.545.57
Woodie5.025.145.335.455.645.765.95
Fibonacci5.135.255.335.445.565.645.75


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.274.574.965.265.655.956.34
Camarilla5.175.235.305.365.425.495.55
Woodie4.334.595.025.285.715.976.40
Fibonacci4.574.834.995.265.525.685.95


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.794.314.855.375.916.436.97
Camarilla5.105.205.295.395.495.585.68
Woodie3.804.324.865.385.926.446.98
Fibonacci4.314.724.975.375.786.036.43

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): 55.41
MACD (12,26,9): 0.0600
Directional Movement: 2.23
AROON (14): 71.43
DEMA (21): 5.48
Parabolic SAR (0,02-0,02-0,2): 5.36
Elder Ray (13): 0.01
Super Trend (3,10): 5.35
Zig ZAG (10): 5.50
VORTEX (21): 0.9000
Stochastique (14,3,5): 77.67
TEMA (21): 5.44
Williams %R (14): -27.00
Chande Momentum Oscillator (20): 0.30
Repulse (5,40,3): -1.6000
ROCnROLL: 1
TRIX (15,9): 0.1400
Courbe Coppock: 8.85
MA7: 5.34
MA20: 5.27
MA50: 5.34
MA100: 6.05
MAexp7: 5.46
MAexp20: 5.40
MAexp50: 5.31
MAexp100: 5.27
Price / MA7: +1.87%
Price / MA20: +3.23%
Price / MA50: +1.87%
Price / MA100: -10.08%
Price / MAexp7: -0.37%
Price / MAexp20: +0.74%
Price / MAexp50: +2.45%
Price / MAexp100: +3.23%

Quotes : - 15 min delayed data - Actions NYSE