ESKER - 1H - Technical analysis published on 08/13/2024 (GMT)
- 136
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
ESKER Chart
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
44%
17%
39%
My opinion
Bullish above 223.6 EUR
My targets
236.4 EUR (+3.68%)
244.2 EUR (+7.11%)
My analysis
The bullish trend is currently very strong on ESKER. As long as the price remains above the support at 223.6 EUR, you could try to benefit from the boom. The first bullish objective is located at 236.4 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 244.2 EUR as an objective. Crossing it would then enable buyers to target 279.8 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
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 pierrott.
Additional analysis
Quotes
ESKER rating 228.0 EUR. The price registered an increase of +0.44% on the session and was between 225.2 EUR and 230.0 EUR. This implies that the price is at +1.24% from its lowest and at -0.87% from its highest.225.2
230.0
228.0
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of this 1H chart of ESKER indicates that the overall trend is strongly bullish. 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.
In fact, only 8 technical indicators out of 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Aroon indicator bearish trend
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 201.1 | 207.6 | 223.6 | 228.0 | 236.4 | 244.2 | 279.8 |
| Change (%) | -11.80% | -8.95% | -1.93% | - | +3.68% | +7.11% | +22.72% |
| Change | -26.9 | -20.4 | -4.4 | - | +8.4 | +16.2 | +51.8 |
| Level | Intermediate | Minor | Minor | - | Intermediate | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 214.7 | 219.1 | 223.1 | 227.5 | 231.5 | 235.9 | 239.9 |
| Camarilla | 224.7 | 225.5 | 226.2 | 227.0 | 227.8 | 228.5 | 229.3 |
| Woodie | 214.4 | 219.0 | 222.8 | 227.4 | 231.2 | 235.8 | 239.6 |
| Fibonacci | 219.1 | 222.3 | 224.3 | 227.5 | 230.7 | 232.7 | 235.9 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 130.7 | 158.3 | 189.1 | 216.7 | 247.5 | 275.1 | 305.9 |
| Camarilla | 203.9 | 209.3 | 214.7 | 220.0 | 225.4 | 230.7 | 236.1 |
| Woodie | 132.4 | 159.1 | 190.8 | 217.5 | 249.2 | 275.9 | 307.6 |
| Fibonacci | 158.3 | 180.6 | 194.4 | 216.7 | 239.0 | 252.8 | 275.1 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 156.0 | 166.5 | 184.7 | 195.2 | 213.4 | 223.9 | 242.1 |
| Camarilla | 195.1 | 197.7 | 200.4 | 203.0 | 205.6 | 208.3 | 210.9 |
| Woodie | 160.0 | 168.4 | 188.7 | 197.1 | 217.4 | 225.8 | 246.1 |
| Fibonacci | 166.5 | 177.4 | 184.2 | 195.2 | 206.1 | 212.9 | 223.9 |
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): | 69.90 | |
| MACD (12,26,9): | 6.4000 | |
| Directional Movement: | 33.5 | |
| AROON (14): | -7.1 | |
| DEMA (21): | 230.6 | |
| Parabolic SAR (0,02-0,02-0,2): | 243.8 | |
| Elder Ray (13): | 2.8 | |
| Super Trend (3,10): | 217.6 | |
| Zig ZAG (10): | 228.0 | |
| VORTEX (21): | 1.2000 | |
| Stochastique (14,3,5): | 53.50 | |
| TEMA (21): | 232.4 | |
| Williams %R (14): | -33.30 | |
| Chande Momentum Oscillator (20): | 2.0 | |
| Repulse (5,40,3): | 0.2000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.5000 | |
| Courbe Coppock: | 12.70 |
| MA7: | 209.8 | |
| MA20: | 202.7 | |
| MA50: | 192.1 | |
| MA100: | 188.9 | |
| MAexp7: | 227.6 | |
| MAexp20: | 222.0 | |
| MAexp50: | 212.4 | |
| MAexp100: | 206.1 | |
| Price / MA7: | +8.67% | |
| Price / MA20: | +12.48% | |
| Price / MA50: | +18.69% | |
| Price / MA100: | +20.70% | |
| Price / MAexp7: | +0.18% | |
| Price / MAexp20: | +2.70% | |
| Price / MAexp50: | +7.34% | |
| Price / MAexp100: | +10.63% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
Don't forget to follow the news on ESKER. At the time of publication of this analysis, the latest news was as follows:
- Esker Named Best Finance Automation Partner at FutureCFO Excellence Awards 2024
- Esker Named a Leader in the 2023 Gartner® Magic Quadrant™ for Integrated Invoice-to-Cash Applications
- Esker Asia Automates Key Business Processes for Brother International Singapore Pte Ltd
- Esker (ALESK): Record order intake in Q3
- Esker Partners HitPay to Offer Businesses More Payment Options
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis ESKER - 1H