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 06/19/2024 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 0.0126 EUR
My targets
0.0138 EUR (+2.99%)
0.0153 EUR (+14.18%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CRESCENT as long as the price remains well above 0.0126 EUR. The buyers' bullish objective is set at 0.0138 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.0153 EUR. If there is any crossing, the next objective would be the resistance located at 0.0168 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
7.5

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:
15 min. 1H Weekly

Additional analysis

Quotes

CRESCENT rating 0.0134 EUR. On the day, this instrument gained +11.67% and was traded between 0.0112 EUR and 0.0136 EUR over the period. The price is currently at +19.64% from its lowest and -1.47% from its highest.

0.0112
0.0136
0.0134

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of CRESCENT indicates that the overall trend is strongly bullish. 89.29% 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. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : Daily


Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily



In fact, 12 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily


RSI indicator is back over 50

Type : Bullish

Timeframe : Daily


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily


Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily


Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily



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 these bullish signals that could support the hypothesis of a small rebound in the very short term:

Central Candlesticks

White line without lower shadow

Type : Bullish

Timeframe : Daily


Long white line

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.0110 0.0118 0.0126 0.0134 0.0138 0.0153 0.0168
Change (%) -17.91% -11.94% -5.97% - +2.99% +14.18% +25.37%
Change -0.0024 -0.0016 -0.0008 - +0.0004 +0.0019 +0.0034
Level Minor Intermediate Minor - Major Intermediate Minor



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
Standard0.01070.01090.01150.01170.01230.01250.0131
Camarilla0.01180.01190.01190.01200.01210.01220.0122
Woodie0.01080.01100.01160.01180.01240.01260.0132
Fibonacci0.01090.01120.01140.01170.01200.01220.0125


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.00910.01010.01070.01170.01230.01330.0139
Camarilla0.01080.01090.01110.01120.01140.01150.0116
Woodie0.00880.01000.01040.01160.01200.01320.0136
Fibonacci0.01010.01070.01110.01170.01230.01270.0133


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.00850.00990.01110.01250.01370.01510.0163
Camarilla0.01150.01170.01200.01220.01240.01270.0129
Woodie0.00830.00990.01090.01250.01350.01510.0161
Fibonacci0.00990.01090.01150.01250.01350.01410.0151

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): 57.92
MACD (12,26,9): -0.0002
Directional Movement: 12.9687
AROON (14): 14.2857
DEMA (21): 0.0122
Parabolic SAR (0,02-0,02-0,2): 0.0110
Elder Ray (13): 0.0001
Super Trend (3,10): 0.0138
Zig ZAG (10): 0.0134
VORTEX (21): 0.8812
Stochastique (14,3,5): 48.70
TEMA (21): 0.0118
Williams %R (14): -7.69
Chande Momentum Oscillator (20): 0.0006
Repulse (5,40,3): 21.0145
ROCnROLL: 1
TRIX (15,9): -0.2179
Courbe Coppock: 13.28
MA7: 0.0120
MA20: 0.0125
MA50: 0.0129
MA100: 0.0105
MAexp7: 0.0122
MAexp20: 0.0124
MAexp50: 0.0121
MAexp100: 0.0114
Price / MA7: +11.67%
Price / MA20: +7.20%
Price / MA50: +3.88%
Price / MA100: +27.62%
Price / MAexp7: +9.84%
Price / MAexp20: +8.06%
Price / MAexp50: +10.74%
Price / MAexp100: +17.54%

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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