EKINOPS - 1H - Technical analysis published on 04/15/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
61%
6%
33%
My opinion
Bullish above 3.589 EUR
My targets
3.690 EUR (+0.54%)
3.800 EUR (+3.54%)
My analysis
EKINOPS 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 3.589 EUR. The next resistance located at 3.690 EUR is the next bullish target 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 3.800 EUR. After this resistance, buyers could then target 3.880 EUR.
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
6.4
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This analysis was given by pierrott. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EKINOPS price is 3.670 EUR. On the day, this instrument gained +0.00% with the lowest point at 3.650 EUR and the highest point at 3.680 EUR. The deviation from the price is +0.55% for the low point and -0.27% for the high point.3.650
3.680
3.670
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this EKINOPS chart shows a bullish trend. 78.57% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 11 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact 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 | 3.380 | 3.468 | 3.589 | 3.670 | 3.690 | 3.800 | 3.880 |
| Change (%) | -7.90% | -5.50% | -2.21% | - | +0.54% | +3.54% | +5.72% |
| Change | -0.290 | -0.202 | -0.081 | - | +0.020 | +0.130 | +0.210 |
| Level | Minor | Major | Minor | - | Minor | Intermediate | Intermediate |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 3.453 | 3.497 | 3.583 | 3.627 | 3.713 | 3.757 | 3.843 |
| Camarilla | 3.634 | 3.646 | 3.658 | 3.670 | 3.682 | 3.694 | 3.706 |
| Woodie | 3.475 | 3.508 | 3.605 | 3.638 | 3.735 | 3.768 | 3.865 |
| Fibonacci | 3.497 | 3.546 | 3.577 | 3.627 | 3.676 | 3.707 | 3.757 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.933 | 3.157 | 3.413 | 3.637 | 3.893 | 4.117 | 4.373 |
| Camarilla | 3.538 | 3.582 | 3.626 | 3.670 | 3.714 | 3.758 | 3.802 |
| Woodie | 2.950 | 3.165 | 3.430 | 3.645 | 3.910 | 4.125 | 4.390 |
| Fibonacci | 3.157 | 3.340 | 3.453 | 3.637 | 3.820 | 3.933 | 4.117 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.280 | 2.690 | 3.210 | 3.620 | 4.140 | 4.550 | 5.070 |
| Camarilla | 3.474 | 3.560 | 3.645 | 3.730 | 3.815 | 3.901 | 3.986 |
| Woodie | 2.335 | 2.718 | 3.265 | 3.648 | 4.195 | 4.578 | 5.125 |
| Fibonacci | 2.690 | 3.045 | 3.265 | 3.620 | 3.975 | 4.195 | 4.550 |
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): | 61.84 | |
| MACD (12,26,9): | 0.0190 | |
| Directional Movement: | 8.668 | |
| AROON (14): | 64.286 | |
| DEMA (21): | 3.643 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.584 | |
| Elder Ray (13): | 0.032 | |
| Super Trend (3,10): | 3.608 | |
| Zig ZAG (10): | 3.670 | |
| VORTEX (21): | 1.3540 | |
| Stochastique (14,3,5): | 89.84 | |
| TEMA (21): | 3.672 | |
| Williams %R (14): | -7.14 | |
| Chande Momentum Oscillator (20): | 0.090 | |
| Repulse (5,40,3): | 0.5250 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 6.83 |
| MA7: | 3.654 | |
| MA20: | 3.498 | |
| MA50: | 3.842 | |
| MA100: | 4.449 | |
| MAexp7: | 3.657 | |
| MAexp20: | 3.626 | |
| MAexp50: | 3.619 | |
| MAexp100: | 3.598 | |
| Price / MA7: | +0.44% | |
| Price / MA20: | +4.92% | |
| Price / MA50: | -4.48% | |
| Price / MA100: | -17.51% | |
| Price / MAexp7: | +0.36% | |
| Price / MAexp20: | +1.21% | |
| Price / MAexp50: | +1.41% | |
| Price / MAexp100: | +2.00% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
Don't forget to follow the news on EKINOPS. At the time of publication of this analysis, the latest news was as follows:
- Ekinops Delivers 800G Solution, Doubles Capacity and Extends Reach
- Ekinops Expands North American Presence, Doubles Customer Base
- 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
This member declared not having a position on this financial instrument or a related financial instrument.
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