HOLCIM LTD - Daily - Technical analysis published on 11/08/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
HOLCIM LTD Chart
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 47.45 EUR
My targets
49.45 EUR (+3.76%)
52.86 EUR (+10.91%)
My analysis
LAFARGEHOLCIM LTD 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 47.45 EUR. The next resistance located at 49.45 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 52.86 EUR. After this resistance, buyers could then target 55.64 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.
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
9.1
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This analysis was given by Vincent Launay.
Additional analysis
Quotes
LAFARGEHOLCIM LTD rating 47.66 EUR. The price registered an increase of +1.36% on the session with the lowest point at 46.90 EUR and the highest point at 47.66 EUR. The deviation from the price is +1.62% for the low point and 0% for the high point.46.90
47.66
47.66
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 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this LAFARGEHOLCIM LTD chart shows a strongly bullish trend. 92.86% 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.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : Daily
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 42.79 | 45.56 | 47.45 | 47.66 | 49.45 | 52.86 | 55.64 |
| Change (%) | -10.22% | -4.41% | -0.44% | - | +3.76% | +10.91% | +16.74% |
| Change | -4.87 | -2.10 | -0.21 | - | +1.79 | +5.20 | +7.98 |
| Level | Major | Major | Major | - | Minor | Minor | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 46.42 | 46.69 | 46.85 | 47.12 | 47.28 | 47.55 | 47.71 |
| Camarilla | 46.90 | 46.94 | 46.98 | 47.02 | 47.06 | 47.10 | 47.14 |
| Woodie | 46.38 | 46.66 | 46.81 | 47.09 | 47.24 | 47.52 | 47.67 |
| Fibonacci | 46.69 | 46.85 | 46.95 | 47.12 | 47.28 | 47.38 | 47.55 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 44.07 | 44.64 | 45.65 | 46.22 | 47.23 | 47.80 | 48.81 |
| Camarilla | 46.24 | 46.38 | 46.53 | 46.67 | 46.82 | 46.96 | 47.11 |
| Woodie | 44.30 | 44.75 | 45.88 | 46.33 | 47.46 | 47.91 | 49.04 |
| Fibonacci | 44.64 | 45.24 | 45.61 | 46.22 | 46.82 | 47.19 | 47.80 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 37.06 | 39.13 | 42.57 | 44.64 | 48.08 | 50.15 | 53.59 |
| Camarilla | 44.50 | 45.00 | 45.51 | 46.01 | 46.52 | 47.02 | 47.53 |
| Woodie | 37.75 | 39.47 | 43.26 | 44.98 | 48.77 | 50.49 | 54.28 |
| Fibonacci | 39.13 | 41.24 | 42.54 | 44.64 | 46.75 | 48.05 | 50.15 |
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): | 74.50 | |
| MACD (12,26,9): | 0.9900 | |
| Directional Movement: | 14.80 | |
| AROON (14): | 85.71 | |
| DEMA (21): | 46.65 | |
| Parabolic SAR (0,02-0,02-0,2): | 45.94 | |
| Elder Ray (13): | 1.20 | |
| Super Trend (3,10): | 44.73 | |
| Zig ZAG (10): | 47.66 | |
| VORTEX (21): | 1.2200 | |
| Stochastique (14,3,5): | 96.14 | |
| TEMA (21): | 47.38 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 3.68 | |
| Repulse (5,40,3): | 2.5900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2200 | |
| Courbe Coppock: | 15.13 |
| MA7: | 46.80 | |
| MA20: | 45.08 | |
| MA50: | 44.31 | |
| MA100: | 43.80 | |
| MAexp7: | 46.78 | |
| MAexp20: | 45.51 | |
| MAexp50: | 44.53 | |
| MAexp100: | 43.96 | |
| Price / MA7: | +1.84% | |
| Price / MA20: | +5.72% | |
| Price / MA50: | +7.56% | |
| Price / MA100: | +8.81% | |
| Price / MAexp7: | +1.88% | |
| Price / MAexp20: | +4.72% | |
| Price / MAexp50: | +7.03% | |
| Price / MAexp100: | +8.42% |
This member declared not having a position on this financial instrument or a related financial instrument.
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