VIOHALCO - Daily - Technical analysis published on 01/07/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Strongly bearish
Technical indicators
50%
17%
33%
My opinion
Bearish under 3.800 EUR
My targets
3.373 EUR (-6.57%)
3.185 EUR (-11.77%)
My analysis
The bearish basic trend is very strong on VIOHALCO but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 3.800 EUR. Crossing the first support at 3.373 EUR would be a sign of a further potential price plummet. Sellers would then use the next support located at 3.185 EUR as an objective. Crossing it would then enable sellers to target 2.900 EUR. Caution, a return to above the resistance located at 3.800 EUR would be a sign of a possible consolidation phase of the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
FORCE
0
10
4.3
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This analysis was given by Bastien Huneau. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The VIOHALCO price is 3.610 EUR. On the day, this instrument lost -2.30% with the lowest point at 3.610 EUR and the highest point at 3.740 EUR. The deviation from the price is 0% for the low point and -3.48% for the high point.3.610
3.740
3.610
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of VIOHALCO in Daily shows a overall strongly bearish trend. 85.71% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, only 9 technical indicators out of 18 studied are currently positioned bullish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 2.900 | 3.185 | 3.373 | 3.610 | 3.620 | 3.800 | 3.970 |
| Change (%) | -19.67% | -11.77% | -6.57% | - | +0.28% | +5.26% | +9.97% |
| Change | -0.710 | -0.425 | -0.237 | - | +0.010 | +0.190 | +0.360 |
| Level | Minor | Minor | Major | - | Minor | Intermediate | 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 | 3.608 | 3.652 | 3.673 | 3.717 | 3.738 | 3.782 | 3.803 |
| Camarilla | 3.677 | 3.683 | 3.689 | 3.695 | 3.701 | 3.707 | 3.713 |
| Woodie | 3.598 | 3.646 | 3.663 | 3.711 | 3.728 | 3.776 | 3.793 |
| Fibonacci | 3.652 | 3.677 | 3.692 | 3.717 | 3.742 | 3.757 | 3.782 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.503 | 3.552 | 3.588 | 3.637 | 3.673 | 3.722 | 3.758 |
| Camarilla | 3.602 | 3.609 | 3.617 | 3.625 | 3.633 | 3.641 | 3.648 |
| Woodie | 3.498 | 3.549 | 3.583 | 3.634 | 3.668 | 3.719 | 3.753 |
| Fibonacci | 3.552 | 3.584 | 3.604 | 3.637 | 3.669 | 3.689 | 3.722 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.203 | 3.327 | 3.523 | 3.647 | 3.843 | 3.967 | 4.163 |
| Camarilla | 3.632 | 3.661 | 3.691 | 3.720 | 3.749 | 3.779 | 3.808 |
| Woodie | 3.240 | 3.345 | 3.560 | 3.665 | 3.880 | 3.985 | 4.200 |
| Fibonacci | 3.327 | 3.449 | 3.524 | 3.647 | 3.769 | 3.844 | 3.967 |
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): | 49.14 | |
| MACD (12,26,9): | 0.0040 | |
| Directional Movement: | 0.418 | |
| AROON (14): | 50.000 | |
| DEMA (21): | 3.626 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.468 | |
| Elder Ray (13): | 0.046 | |
| Super Trend (3,10): | 3.835 | |
| Zig ZAG (10): | 3.610 | |
| VORTEX (21): | 0.8320 | |
| Stochastique (14,3,5): | 76.88 | |
| TEMA (21): | 3.642 | |
| Williams %R (14): | -48.39 | |
| Chande Momentum Oscillator (20): | 0.065 | |
| Repulse (5,40,3): | -3.1290 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0260 | |
| Courbe Coppock: | 2.61 |
| MA7: | 3.653 | |
| MA20: | 3.610 | |
| MA50: | 3.630 | |
| MA100: | 3.712 | |
| MAexp7: | 3.641 | |
| MAexp20: | 3.626 | |
| MAexp50: | 3.645 | |
| MAexp100: | 3.664 | |
| Price / MA7: | -1.18% | |
| Price / MA20: | -0% | |
| Price / MA50: | -0.55% | |
| Price / MA100: | -2.75% | |
| Price / MAexp7: | -0.85% | |
| Price / MAexp20: | -0.44% | |
| Price / MAexp50: | -0.96% | |
| Price / MAexp100: | -1.47% |
This member declared not having a position on this financial instrument or a related financial instrument.
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