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 12/11/2023 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

89%

My opinion

Bullish above 1.446 EUR

My targets

1.497 EUR (+2.39%)

1.611 EUR (+10.19%)

My analysis

In the short term, there could be an acceleration of the basic bullish trend on AGFA-GEVAERT. This is a positive signal for buyers. As long as the price remains above 1.446 EUR, a purchase could be considered. The first bullish objective is located at 1.497 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.611 EUR as an objective. Crossing it would then enable buyers to target 1.730 EUR. In the event of a return below 1.446 EUR, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.3

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 price is 1.462 EUR. The price registered an increase of +7.50% on the session with the lowest point at 1.380 EUR and the highest point at 1.472 EUR. The deviation from the price is +5.94% for the low point and -0.68% for the high point.

1.380

1.472

1.462

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.

Opening Gap UP

Type : Bullish

Timeframe : Openning

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

The Central Records scanner for higher/lower results shows the following items:

New LOW record (5 years)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Abnormal volumes on AGFA-GEVAERT were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

A technical analysis in 1H of this AGFA-GEVAERT chart shows a bullish trend. 78.57% of the signals given by moving averages are bullish. The overall trend is reinforced 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.

An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

RSI indicator: bearish divergence

Type : Bearish

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:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

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

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.324	1.410	1.446	1.462	1.497	1.611	1.730
Change (%)	-9.44%	-3.56%	-1.09%	-	+2.39%	+10.19%	+18.33%
Change	-0.138	-0.052	-0.016	-	+0.035	+0.149	+0.268
Level	Intermediate	Minor	Major	-	Major	Minor	Major

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
Standard	1.312	1.346	1.404	1.438	1.496	1.530	1.588
Camarilla	1.437	1.445	1.454	1.462	1.470	1.479	1.487
Woodie	1.324	1.352	1.416	1.444	1.508	1.536	1.600
Fibonacci	1.346	1.381	1.403	1.438	1.473	1.495	1.530

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.146	1.244	1.304	1.402	1.462	1.560	1.620
Camarilla	1.321	1.335	1.350	1.364	1.379	1.393	1.408
Woodie	1.127	1.235	1.285	1.393	1.443	1.551	1.601
Fibonacci	1.244	1.304	1.342	1.402	1.462	1.500	1.560

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.813	1.087	1.223	1.497	1.633	1.907	2.043
Camarilla	1.247	1.285	1.322	1.360	1.398	1.435	1.473
Woodie	0.745	1.053	1.155	1.463	1.565	1.873	1.975
Fibonacci	1.087	1.243	1.340	1.497	1.653	1.750	1.907

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):	68.73
MACD (12,26,9):	0.0260
Directional Movement:	27.503
AROON (14):	100.000
DEMA (21):	1.427
Parabolic SAR (0,02-0,02-0,2):	1.393
Elder Ray (13):	0.048
Super Trend (3,10):	1.400
Zig ZAG (10):	1.462
VORTEX (21):	1.1750
Stochastique (14,3,5):	95.57
TEMA (21):	1.454
Williams %R (14):	-6.94
Chande Momentum Oscillator (20):	0.134
Repulse (5,40,3):	1.4140
ROCnROLL:	1
TRIX (15,9):	0.1500
Courbe Coppock:	15.45

MA7:	1.369
MA20:	1.479
MA50:	1.545
MA100:	1.852
MAexp7:	1.437
MAexp20:	1.399
MAexp50:	1.386
MAexp100:	1.409
Price / MA7:	+6.79%
Price / MA20:	-1.15%
Price / MA50:	-5.37%
Price / MA100:	-21.06%
Price / MAexp7:	+1.74%
Price / MAexp20:	+4.50%
Price / MAexp50:	+5.48%
Price / MAexp100:	+3.76%

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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