TUBIZE-FIN - 1H - Technical analysis published on 12/04/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 69.1 EUR
My targets
72.3 EUR (+1.97%)
74.4 EUR (+4.94%)
My analysis
TUBIZE-FIN 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 69.1 EUR. The next resistance located at 72.3 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 74.4 EUR. After this resistance, buyers could then target 76.3 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.
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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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The TUBIZE-FIN price is 70.9 EUR. The price registered an increase of +4.27% on the session and was between 68.2 EUR and 72.2 EUR. This implies that the price is at +3.96% from its lowest and at -1.80% from its highest.68.2
72.2
70.9
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
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:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of TUBIZE-FIN 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.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 66.1 | 67.5 | 69.1 | 70.9 | 72.3 | 74.4 | 76.3 |
| Change (%) | -6.77% | -4.80% | -2.54% | - | +1.97% | +4.94% | +7.62% |
| Change | -4.8 | -3.4 | -1.8 | - | +1.4 | +3.5 | +5.4 |
| Level | Minor | Major | Intermediate | - | Intermediate | Intermediate | Minor |
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 | 64.1 | 64.9 | 66.5 | 67.3 | 68.9 | 69.7 | 71.3 |
| Camarilla | 67.3 | 67.6 | 67.8 | 68.0 | 68.2 | 68.4 | 68.7 |
| Woodie | 64.4 | 65.1 | 66.8 | 67.5 | 69.2 | 69.9 | 71.6 |
| Fibonacci | 64.9 | 65.9 | 66.4 | 67.3 | 68.3 | 68.8 | 69.7 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 62.4 | 63.6 | 65.8 | 67.0 | 69.2 | 70.4 | 72.6 |
| Camarilla | 67.1 | 67.4 | 67.7 | 68.0 | 68.3 | 68.6 | 68.9 |
| Woodie | 62.9 | 63.9 | 66.3 | 67.3 | 69.7 | 70.7 | 73.1 |
| Fibonacci | 63.6 | 64.9 | 65.7 | 67.0 | 68.3 | 69.1 | 70.4 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 54.7 | 57.7 | 61.8 | 64.8 | 68.9 | 71.9 | 76.0 |
| Camarilla | 63.9 | 64.5 | 65.2 | 65.8 | 66.5 | 67.1 | 67.8 |
| Woodie | 55.2 | 58.0 | 62.3 | 65.1 | 69.4 | 72.2 | 76.5 |
| Fibonacci | 57.7 | 60.5 | 62.1 | 64.8 | 67.6 | 69.2 | 71.9 |
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): | 81.50 | |
| MACD (12,26,9): | 1.6000 | |
| Directional Movement: | 39.2 | |
| AROON (14): | 64.3 | |
| DEMA (21): | 70.5 | |
| Parabolic SAR (0,02-0,02-0,2): | 69.4 | |
| Elder Ray (13): | 1.6 | |
| Super Trend (3,10): | 69.2 | |
| Zig ZAG (10): | 70.9 | |
| VORTEX (21): | 1.4000 | |
| Stochastique (14,3,5): | 85.40 | |
| TEMA (21): | 71.7 | |
| Williams %R (14): | -20.60 | |
| Chande Momentum Oscillator (20): | 4.0 | |
| Repulse (5,40,3): | -0.1000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2000 | |
| Courbe Coppock: | 15.00 |
| MA7: | 67.1 | |
| MA20: | 64.7 | |
| MA50: | 66.1 | |
| MA100: | 68.6 | |
| MAexp7: | 70.7 | |
| MAexp20: | 68.8 | |
| MAexp50: | 67.2 | |
| MAexp100: | 66.2 | |
| Price / MA7: | +5.66% | |
| Price / MA20: | +9.58% | |
| Price / MA50: | +7.26% | |
| Price / MA100: | +3.35% | |
| Price / MAexp7: | +0.28% | |
| Price / MAexp20: | +3.05% | |
| Price / MAexp50: | +5.51% | |
| Price / MAexp100: | +7.10% |
Quotes :
-
15 min delayed data
-
Euronext Bruxelles
This member declared not having a position on this financial instrument or a related financial instrument.
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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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