AGFA-GEVAERT
AGFA-GEVAERT
- EUR (-)
- 15 min delayed data - Euronext Bruxelles
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: AGFB
ISIN: BE0003755692

AGFA-GEVAERT - 1H - Technical analysis published on 04/04/2023 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 2.790 EUR
My targets
2.909 EUR (+2.79%)
3.071 EUR (+8.52%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AGFA-GEVAERT as long as the price remains well above 2.790 EUR. The buyers' bullish objective is set at 2.909 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 3.071 EUR. If there is any crossing, the next objective would be the resistance located at 3.205 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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
0
10
8.6

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:
Daily Weekly

Additional analysis

Quotes

AGFA-GEVAERT rating 2.830 EUR. The price has increased by +6.39% since the last closing and was between 2.685 EUR and 2.850 EUR. This implies that the price is at +5.40% from its lowest and at -0.70% from its highest.

2.685
2.850
2.830

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by AGFA-GEVAERT:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of AGFA-GEVAERT in 1H shows a strongly overall bullish trend. 92.86% 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 market scanner currently does not detect any result that concerns moving averages.

In fact, 15 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly



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

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour



For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Central Candlesticks

Bearish doji star

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2.650 2.700 2.790 2.830 2.909 3.071 3.205
Change (%) -6.36% -4.59% -1.41% - +2.79% +8.52% +13.25%
Change -0.180 -0.130 -0.040 - +0.079 +0.241 +0.375
Level Major Major Minor - Major Major Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.4732.5372.5982.6622.7232.7872.848
Camarilla2.6262.6372.6492.6602.6722.6832.694
Woodie2.4732.5362.5982.6612.7232.7862.848
Fibonacci2.5372.5842.6142.6622.7092.7392.787


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.4282.4922.5932.6572.7582.8222.923
Camarilla2.6502.6652.6802.6952.7102.7252.740
Woodie2.4482.5012.6132.6662.7782.8312.943
Fibonacci2.4922.5552.5942.6572.7202.7592.822


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.9432.1922.4432.6922.9433.1923.443
Camarilla2.5582.6032.6492.6952.7412.7872.833
Woodie1.9452.1932.4452.6932.9453.1933.445
Fibonacci2.1922.3832.5012.6922.8833.0013.192

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): 73.83
MACD (12,26,9): 0.0330
Directional Movement: 33.333
AROON (14): 50.000
DEMA (21): 2.729
Parabolic SAR (0,02-0,02-0,2): 2.613
Elder Ray (13): 0.128
Super Trend (3,10): 2.719
Zig ZAG (10): 2.830
VORTEX (21): 1.1520
Stochastique (14,3,5): 96.64
TEMA (21): 2.751
Williams %R (14): -8.00
Chande Momentum Oscillator (20): 0.135
Repulse (5,40,3): 2.6740
ROCnROLL: 1
TRIX (15,9): 0.0770
Courbe Coppock: 3.04
MA7: 2.659
MA20: 2.633
MA50: 2.771
MA100: 2.797
MAexp7: 2.746
MAexp20: 2.693
MAexp50: 2.658
MAexp100: 2.643
Price / MA7: +6.43%
Price / MA20: +7.48%
Price / MA50: +2.13%
Price / MA100: +1.18%
Price / MAexp7: +3.06%
Price / MAexp20: +5.09%
Price / MAexp50: +6.47%
Price / MAexp100: +7.08%

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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