EKINOPS - 1H - Technical analysis published on 03/07/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
44%
39%
17%
My opinion
Bearish under 3.660 EUR
My targets
3.468 EUR (-2.58%)
3.300 EUR (-7.30%)
My analysis
The bearish trend is currently very strong for EKINOPS. As long as the price remains below the resistance at 3.660 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 3.468 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 3.300 EUR as an objective. Crossing it would then enable sellers to target 2.365 EUR. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.9
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This analysis was given by pierrott. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
EKINOPS rating 3.560 EUR. The price registered a decrease of -1.66% on the session with the lowest point at 3.550 EUR and the highest point at 3.625 EUR. The deviation from the price is +0.28% for the low point and -1.79% for the high point.3.550
3.625
3.560
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of EKINOPS in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of 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 | 2.365 | 3.300 | 3.468 | 3.560 | 3.880 | 4.061 | 4.237 |
| Change (%) | -33.57% | -7.30% | -2.58% | - | +8.99% | +14.07% | +19.02% |
| Change | -1.195 | -0.260 | -0.092 | - | +0.320 | +0.501 | +0.677 |
| Level | Intermediate | Intermediate | Minor | - | Major | 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 | 3.047 | 3.173 | 3.397 | 3.523 | 3.747 | 3.873 | 4.097 |
| Camarilla | 3.524 | 3.556 | 3.588 | 3.620 | 3.652 | 3.684 | 3.716 |
| Woodie | 3.095 | 3.198 | 3.445 | 3.548 | 3.795 | 3.898 | 4.145 |
| Fibonacci | 3.173 | 3.307 | 3.390 | 3.523 | 3.657 | 3.740 | 3.873 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.430 | 3.660 | 3.780 | 4.010 | 4.130 | 4.360 | 4.480 |
| Camarilla | 3.804 | 3.836 | 3.868 | 3.900 | 3.932 | 3.964 | 3.996 |
| Woodie | 3.375 | 3.633 | 3.725 | 3.983 | 4.075 | 4.333 | 4.425 |
| Fibonacci | 3.660 | 3.794 | 3.876 | 4.010 | 4.144 | 4.226 | 4.360 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.083 | 3.522 | 3.758 | 4.197 | 4.433 | 4.872 | 5.108 |
| Camarilla | 3.809 | 3.871 | 3.933 | 3.995 | 4.057 | 4.119 | 4.181 |
| Woodie | 2.983 | 3.471 | 3.658 | 4.146 | 4.333 | 4.821 | 5.008 |
| Fibonacci | 3.522 | 3.780 | 3.939 | 4.197 | 4.455 | 4.614 | 4.872 |
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): | 32.93 | |
| MACD (12,26,9): | -0.0820 | |
| Directional Movement: | -36.444 | |
| AROON (14): | -7.143 | |
| DEMA (21): | 3.540 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.635 | |
| Elder Ray (13): | -0.053 | |
| Super Trend (3,10): | 3.672 | |
| Zig ZAG (10): | 3.560 | |
| VORTEX (21): | 0.9050 | |
| Stochastique (14,3,5): | 55.40 | |
| TEMA (21): | 3.525 | |
| Williams %R (14): | -25.71 | |
| Chande Momentum Oscillator (20): | 0.035 | |
| Repulse (5,40,3): | -0.3730 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.3210 | |
| Courbe Coppock: | 10.25 |
| MA7: | 3.831 | |
| MA20: | 4.126 | |
| MA50: | 4.604 | |
| MA100: | 4.697 | |
| MAexp7: | 3.575 | |
| MAexp20: | 3.650 | |
| MAexp50: | 3.792 | |
| MAexp100: | 3.942 | |
| Price / MA7: | -7.07% | |
| Price / MA20: | -13.72% | |
| Price / MA50: | -22.68% | |
| Price / MA100: | -24.21% | |
| Price / MAexp7: | -0.42% | |
| Price / MAexp20: | -2.47% | |
| Price / MAexp50: | -6.12% | |
| Price / MAexp100: | -9.69% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The latest news and videos published on EKINOPS at the time of the analysis were as follows:
- Ekinops' 2023 annual results: EBITDA margin of 14.4%
- Ekinops' 2023 revenue: €129.1 million, up 1%
- Deutsche Glasfaser Modernizes Its Network, Speeds Service Deployment with Ekinops
- Ekinops Selected by Strata Networks for System-wide Upgrade
- Ekinops 2023 nine-month revenue: €98.8 million, up +3%
This member declared not having a position on this financial instrument or a related financial instrument.
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