CRESCENT
CRESCENT
- EUR (-)
- 15 min delayed data - Euronext Bruxelles
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: OPTI
ISIN: BE0003836534

CRESCENT - Daily - Technical analysis published on 12/07/2022 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 0.0202 EUR
My targets
0.0218 EUR (+0.60%)
0.0257 EUR (+18.29%)
My analysis
CRESCENT 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 0.0202 EUR. The next resistance located at 0.0218 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 0.0257 EUR. After this resistance, buyers could then target 0.0292 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

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:
Weekly

Additional analysis

Quotes

The CRESCENT price is 0.0217 EUR. The price registered an increase of +3.33% on the session and was between 0.0209 EUR and 0.0220 EUR. This implies that the price is at +3.83% from its lowest and at -1.36% from its highest.

0.0209
0.0220
0.0217

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Abnormal volumes on CRESCENT were detected by the Central Volumes scanner:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days

Technical


Technical analysis of this Daily chart of CRESCENT indicates that the overall trend is strongly bullish. 85.71% 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.

The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Daily



The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.0181 0.0202 0.0216 0.0217 0.0292 0.0391 0.0450
Change (%) -16.59% -6.91% -0.46% - +34.56% +80.18% +107.37%
Change -0.0036 -0.0015 -0.0001 - +0.0075 +0.0174 +0.0233
Level Major Minor Intermediate - Minor Minor Major



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.01880.01990.02040.02150.02200.02310.0236
Camarilla0.02060.02070.02090.02100.02120.02130.0214
Woodie0.01860.01980.02020.02140.02180.02300.0234
Fibonacci0.01990.02050.02090.02150.02210.02250.0231


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.00980.01270.01630.01920.02280.02570.0293
Camarilla0.01820.01880.01940.02000.02060.02120.0218
Woodie0.01030.01290.01680.01940.02330.02590.0298
Fibonacci0.01270.01520.01670.01920.02170.02320.0257


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.01160.01360.01500.01700.01840.02040.0218
Camarilla0.01560.01590.01620.01650.01680.01710.0174
Woodie0.01140.01350.01480.01690.01820.02030.0216
Fibonacci0.01360.01490.01570.01700.01830.01910.0204

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): 69.85
MACD (12,26,9): 0.0010
Directional Movement: 23.7694
AROON (14): 35.7143
DEMA (21): 0.0194
Parabolic SAR (0,02-0,02-0,2): 0.0172
Elder Ray (13): 0.0026
Super Trend (3,10): 0.0172
Zig ZAG (10): 0.0217
VORTEX (21): 1.1269
Stochastique (14,3,5): 86.67
TEMA (21): 0.0203
Williams %R (14): -11.43
Chande Momentum Oscillator (20): 0.0034
Repulse (5,40,3): 4.0715
ROCnROLL: 1
TRIX (15,9): 0.3851
Courbe Coppock: 30.55
MA7: 0.0193
MA20: 0.0177
MA50: 0.0169
MA100: 0.0173
MAexp7: 0.0199
MAexp20: 0.0182
MAexp50: 0.0175
MAexp100: 0.0176
Price / MA7: +12.44%
Price / MA20: +22.60%
Price / MA50: +28.40%
Price / MA100: +25.43%
Price / MAexp7: +9.05%
Price / MAexp20: +19.23%
Price / MAexp50: +24.00%
Price / MAexp100: +23.30%

Quotes : - 15 min delayed data - Euronext Bruxelles

News


The latest news and videos published on CRESCENT at the time of the analysis were as follows:

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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