AGFA-GEVAERT

- EUR (-)

- 15 min delayed data - Euronext Bruxelles

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Type:	Stocks
Ticker:	AGFB
ISIN:	BE0003755692

AGFA-GEVAERT - Daily - Technical analysis published on 12/30/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

28%

39%

33%

My opinion

Bearish under 2.884 EUR

My targets

2.745 EUR (-2.83%)

2.313 EUR (-18.11%)

My analysis

Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 2.884 EUR remains possible. It is advisable to trade AGFA-GEVAERT with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 2.884 EUR. The next bearish objective for sellers is set at 2.745 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 2.313 EUR. In case of crossing, the next objective would be the support located at 1.154 EUR. PS: if there is a bullish break in the resistance located at 2.884 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

4.3

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

The AGFA-GEVAERT rating is 2.825 EUR. The price has increased by +6.20% since the last closing and was between 2.615 EUR and 2.855 EUR. This implies that the price is at +8.03% from its lowest and at -1.05% from its highest.

2.615

2.855

2.825

A study of price movements over other periods shows the following variations:

Technical

Technical analysis of this Daily chart of AGFA-GEVAERT indicates that the overall trend is bearish. The signals given by moving averages are 78.57% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

On the 18 technical indicators analysed, 5 are bullish, 6 are neutral and 7 are bearish. The Central Indicators scanner found no further results concerning independent technical indicators.

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

Near resistance of channel

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	1.154	2.745	2.825	2.884	3.071	3.205
Change (%)	-59.15%	-2.83%	-	+2.09%	+8.71%	+13.45%
Change	-1.671	-0.080	-	+0.059	+0.246	+0.380
Level	Intermediate	Major	-	Intermediate	Major	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.435	2.525	2.675	2.765	2.915	3.005	3.155
Camarilla	2.759	2.781	2.803	2.825	2.847	2.869	2.891
Woodie	2.465	2.540	2.705	2.780	2.945	3.020	3.185
Fibonacci	2.525	2.617	2.673	2.765	2.857	2.913	3.005

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.495	2.565	2.620	2.690	2.745	2.815	2.870
Camarilla	2.641	2.652	2.664	2.675	2.687	2.698	2.709
Woodie	2.488	2.561	2.613	2.686	2.738	2.811	2.863
Fibonacci	2.565	2.613	2.642	2.690	2.738	2.767	2.815

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.313	2.527	2.653	2.867	2.993	3.207	3.333
Camarilla	2.687	2.718	2.749	2.780	2.811	2.842	2.874
Woodie	2.270	2.505	2.610	2.845	2.950	3.185	3.290
Fibonacci	2.527	2.657	2.737	2.867	2.997	3.077	3.207

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):	41.48
MACD (12,26,9):	-0.0560
Directional Movement:	-4.803
AROON (14):	-35.715
DEMA (21):	2.686
Parabolic SAR (0,02-0,02-0,2):	2.832
Elder Ray (13):	-0.019
Super Trend (3,10):	2.922
Zig ZAG (10):	2.700
VORTEX (21):	0.8850
Stochastique (14,3,5):	20.73
TEMA (21):	2.681
Williams %R (14):	-70.83
Chande Momentum Oscillator (20):	-0.085
Repulse (5,40,3):	-3.2830
ROCnROLL:	2
TRIX (15,9):	-0.2540
Courbe Coppock:	8.20

MA7:	2.684
MA20:	2.763
MA50:	2.869
MA100:	3.095
MAexp7:	2.704
MAexp20:	2.759
MAexp50:	2.874
MAexp100:	3.046
Price / MA7:	+5.25%
Price / MA20:	+2.24%
Price / MA50:	-1.53%
Price / MA100:	-8.72%
Price / MAexp7:	+4.47%
Price / MAexp20:	+2.39%
Price / MAexp50:	-1.70%
Price / MAexp100:	-7.26%

Quotes : - 15 min delayed data - Euronext Bruxelles

News

Don't forget to follow the news on AGFA-GEVAERT. 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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