APPLUS SERVICES - 1H - Technical analysis published on 10/05/2023 (GMT)
- 95
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I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
28%
56%
17%
My opinion
Bearish under 9.942 EUR
My targets
9.704 EUR (-1.83%)
9.448 EUR (-4.42%)
My analysis
In the short term, we can see an acceleration in the bearish trend on APPLUS SERVICES, which is a positive signal for sellers. As long as the price remains above 9.942 EUR, a sale could be considered. The first bearish objective is located at 9.704 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 9.448 EUR as an objective. Crossing it would then enable sellers to target 8.492 EUR. If the price were to return above 9.942 EUR, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
4.5
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The APPLUS SERVICES price is 9.885 EUR. The price is lower by -0.05% since the last closing with the lowest point at 9.875 EUR and the highest point at 9.900 EUR. The deviation from the price is +0.10% for the low point and -0.15% for the high point.9.875
9.900
9.885
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
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:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of APPLUS SERVICES indicates that the overall trend is bearish. The signals given by moving averages are 67.86% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 9.448 | 9.704 | 9.880 | 9.885 | 9.942 | 10.010 | 11.112 |
| Change (%) | -4.42% | -1.83% | -0.05% | - | +0.58% | +1.26% | +12.41% |
| Change | -0.437 | -0.181 | -0.005 | - | +0.057 | +0.125 | +1.227 |
| Level | Intermediate | Major | Minor | - | Major | Minor | Intermediate |
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 | 9.847 | 9.863 | 9.877 | 9.893 | 9.907 | 9.923 | 9.937 |
| Camarilla | 9.882 | 9.885 | 9.887 | 9.890 | 9.893 | 9.896 | 9.898 |
| Woodie | 9.845 | 9.863 | 9.875 | 9.893 | 9.905 | 9.923 | 9.935 |
| Fibonacci | 9.863 | 9.875 | 9.882 | 9.893 | 9.905 | 9.912 | 9.923 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.797 | 9.833 | 9.867 | 9.903 | 9.937 | 9.973 | 10.007 |
| Camarilla | 9.881 | 9.887 | 9.894 | 9.900 | 9.906 | 9.913 | 9.919 |
| Woodie | 9.795 | 9.833 | 9.865 | 9.903 | 9.935 | 9.973 | 10.005 |
| Fibonacci | 9.833 | 9.860 | 9.877 | 9.903 | 9.930 | 9.947 | 9.973 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.987 | 9.213 | 9.557 | 9.783 | 10.127 | 10.353 | 10.697 |
| Camarilla | 9.743 | 9.796 | 9.848 | 9.900 | 9.952 | 10.005 | 10.057 |
| Woodie | 9.045 | 9.243 | 9.615 | 9.813 | 10.185 | 10.383 | 10.755 |
| Fibonacci | 9.213 | 9.431 | 9.566 | 9.783 | 10.001 | 10.136 | 10.353 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 38.73 | |
| MACD (12,26,9): | -0.0070 | |
| Directional Movement: | -13.580 | |
| AROON (14): | -28.572 | |
| DEMA (21): | 9.886 | |
| Parabolic SAR (0,02-0,02-0,2): | 9.905 | |
| Elder Ray (13): | -0.009 | |
| Super Trend (3,10): | 9.913 | |
| Zig ZAG (10): | 9.885 | |
| VORTEX (21): | 0.7830 | |
| Stochastique (14,3,5): | 28.57 | |
| TEMA (21): | 9.883 | |
| Williams %R (14): | -71.43 | |
| Chande Momentum Oscillator (20): | -0.015 | |
| Repulse (5,40,3): | 0.1050 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0090 | |
| Courbe Coppock: | 0.23 |
| MA7: | 9.900 | |
| MA20: | 9.816 | |
| MA50: | 9.651 | |
| MA100: | 9.437 | |
| MAexp7: | 9.888 | |
| MAexp20: | 9.895 | |
| MAexp50: | 9.901 | |
| MAexp100: | 9.879 | |
| Price / MA7: | -0.15% | |
| Price / MA20: | +0.70% | |
| Price / MA50: | +2.42% | |
| Price / MA100: | +4.75% | |
| Price / MAexp7: | -0.03% | |
| Price / MAexp20: | -0.10% | |
| Price / MAexp50: | -0.16% | |
| Price / MAexp100: | +0.06% |
Quotes :
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15 min delayed data
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Spain Stocks
News
Don't forget to follow the news on APPLUS SERVICES. At the time of publication of this analysis, the latest news was as follows:
- Applus+ IDIADA and MHI Group to Develop Testing and Verification System for Highly Automated Vehicles
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Applus Services
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Applus Services
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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