ALBIOMA
ALBIOMA
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: ABIO
ISIN: FR0000060402

ALBIOMA - Daily - Technical analysis published on 02/25/2020 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
61%
6%
33%
My opinion
Bullish above 30.10 EUR
My targets
33.67 EUR (+7.56%)
37.00 EUR (+18.21%)
My analysis
The bullish trend is currently very strong on ALBIOMA. As long as the price remains above the support at 30.10 EUR, you could try to benefit from the boom. The first bullish objective is located at 33.67 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 37.00 EUR as an objective. Crossing it would then enable buyers to target 55.60 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
7.9

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 Vincent Launay.

Additional analysis

Quotes

The ALBIOMA rating is 31.30 EUR. The price registered a decrease of -0.64% on the session with the lowest point at 31.30 EUR and the highest point at 31.80 EUR. The deviation from the price is 0% for the low point and -1.57% for the high point.

31.30
31.80
31.30

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by ALBIOMA:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


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 ALBIOMA in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The technical indicators are bullish. There is still some doubt about the price increase.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Daily


CCI indicator: bearish divergence

Type : Bearish

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Price is back under the pivot point

Type : Bearish

Timeframe : Daily



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

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


S3S2S1PriceR1R2R3
ProTrendLines 26.53 30.10 30.95 31.30 37.00 55.60 62.36
Change (%) -15.24% -3.83% -1.12% - +18.21% +77.64% +99.23%
Change -4.77 -1.20 -0.35 - +5.70 +24.30 +31.06
Level Minor Minor Minor - Minor Minor Major



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
Standard29.8030.5031.0031.7032.2032.9033.40
Camarilla31.1731.2831.3931.5031.6131.7231.83
Woodie29.7030.4530.9031.6532.1032.8533.30
Fibonacci30.5030.9631.2431.7032.1632.4432.90


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard28.9229.7831.1732.0333.4234.2835.67
Camarilla31.9332.1432.3432.5532.7632.9633.17
Woodie29.1829.9131.4332.1633.6834.4135.93
Fibonacci29.7830.6431.1732.0332.8933.4234.28


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard21.6823.4726.7828.5731.8833.6736.98
Camarilla28.7029.1729.6330.1030.5731.0431.50
Woodie22.4523.8527.5528.9532.6534.0537.75
Fibonacci23.4725.4226.6228.5730.5231.7233.67

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 63.08
MACD (12,26,9): 0.9400
Directional Movement: 23.21
AROON (14): 85.71
DEMA (21): 31.95
Parabolic SAR (0,02-0,02-0,2): 30.70
Elder Ray (13): 0.44
Super Trend (3,10): 29.85
Zig ZAG (10): 31.75
VORTEX (21): 1.1200
Stochastique (14,3,5): 68.59
TEMA (21): 31.94
Williams %R (14): -42.86
Chande Momentum Oscillator (20): 1.35
Repulse (5,40,3): 0.3800
ROCnROLL: 1
TRIX (15,9): 0.4600
Courbe Coppock: 11.19
MA7: 31.59
MA20: 30.60
MA50: 28.61
MA100: 26.05
MAexp7: 31.50
MAexp20: 30.66
MAexp50: 28.87
MAexp100: 27.04
Price / MA7: -0.92%
Price / MA20: +2.29%
Price / MA50: +9.40%
Price / MA100: +20.15%
Price / MAexp7: -0.63%
Price / MAexp20: +2.09%
Price / MAexp50: +8.42%
Price / MAexp100: +15.75%

This member declared not having a position on this financial instrument or a related financial instrument.

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