AGFA-GEVAERT - 1H - Technical analysis published on 05/13/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 1.338 EUR
My targets
1.459 EUR (+7.30%)
1.467 EUR (+7.87%)
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 1.338 EUR. The buyers' bullish objective is set at 1.459 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.467 EUR. If there is any crossing, the next objective would be the resistance located at 1.730 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, 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
0
10
7.9
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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 AGFA-GEVAERT rating is 1.360 EUR. The price registered an increase of +3.50% on the session and was between 1.330 EUR and 1.388 EUR. This implies that the price is at +2.26% from its lowest and at -2.02% from its highest.1.330
1.388
1.360
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.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are bullish. There is still some doubt about the price increase.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact 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 | 1.256 | 1.300 | 1.338 | 1.360 | 1.467 | 1.730 | 2.110 |
| Change (%) | -7.65% | -4.41% | -1.62% | - | +7.87% | +27.21% | +55.15% |
| Change | -0.104 | -0.060 | -0.022 | - | +0.107 | +0.370 | +0.750 |
| Level | Major | Minor | Intermediate | - | Intermediate | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.273 | 1.301 | 1.331 | 1.359 | 1.389 | 1.417 | 1.447 |
| Camarilla | 1.344 | 1.349 | 1.355 | 1.360 | 1.365 | 1.371 | 1.376 |
| Woodie | 1.273 | 1.302 | 1.331 | 1.360 | 1.389 | 1.418 | 1.447 |
| Fibonacci | 1.301 | 1.324 | 1.337 | 1.359 | 1.382 | 1.395 | 1.417 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.111 | 1.141 | 1.189 | 1.219 | 1.267 | 1.297 | 1.345 |
| Camarilla | 1.217 | 1.224 | 1.231 | 1.238 | 1.245 | 1.252 | 1.260 |
| Woodie | 1.121 | 1.146 | 1.199 | 1.224 | 1.277 | 1.302 | 1.355 |
| Fibonacci | 1.141 | 1.171 | 1.189 | 1.219 | 1.249 | 1.267 | 1.297 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.877 | 1.007 | 1.103 | 1.233 | 1.329 | 1.459 | 1.555 |
| Camarilla | 1.136 | 1.157 | 1.177 | 1.198 | 1.219 | 1.239 | 1.260 |
| Woodie | 0.859 | 0.999 | 1.085 | 1.225 | 1.311 | 1.451 | 1.537 |
| Fibonacci | 1.007 | 1.094 | 1.147 | 1.233 | 1.320 | 1.373 | 1.459 |
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): | 60.16 | |
| MACD (12,26,9): | 0.0200 | |
| Directional Movement: | 22.782 | |
| AROON (14): | 78.571 | |
| DEMA (21): | 1.367 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.333 | |
| Elder Ray (13): | 0.010 | |
| Super Trend (3,10): | 1.327 | |
| Zig ZAG (10): | 1.360 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 68.94 | |
| TEMA (21): | 1.369 | |
| Williams %R (14): | -31.82 | |
| Chande Momentum Oscillator (20): | 0.058 | |
| Repulse (5,40,3): | -1.2940 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2010 | |
| Courbe Coppock: | 6.50 |
| MA7: | 1.291 | |
| MA20: | 1.220 | |
| MA50: | 1.195 | |
| MA100: | 1.222 | |
| MAexp7: | 1.360 | |
| MAexp20: | 1.341 | |
| MAexp50: | 1.304 | |
| MAexp100: | 1.269 | |
| Price / MA7: | +5.34% | |
| Price / MA20: | +11.48% | |
| Price / MA50: | +13.81% | |
| Price / MA100: | +11.29% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | +1.42% | |
| Price / MAexp50: | +4.29% | |
| Price / MAexp100: | +7.17% |
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:
- AGFA HealthCare Demonstrates How Enterprise Imaging Enables 'Imaging Without Barriers' at UKIO 2024
- AGFA HealthCare and Konimagem to Ignite Radiology Innovations at JPR 2024 in Brazil
- Correction: The Agfa-Gevaert Group in 2023: Group EBITDA increases by 52%, powered by its growth engines - regulated information
- Jeroen Spruyt appointed as President of Agfa’s Radiology Solutions division
- The Agfa-Gevaert Group in 2023: Group EBITDA increases by 52%, powered by its growth engines - regulated information
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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