EUROPLASMA - Daily - Technical analysis published on 08/14/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
44%
17%
39%
My opinion
Bearish under 0.1304 EUR
My targets
0.0989 EUR (-9.93%)
0.0911 EUR (-17.03%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on EUROPLASMA as long as the price remains well below 0.1304 EUR. The next bearish objective for sellers is set at 0.0989 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.0911 EUR. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.
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
4.1
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EUROPLASMA price is 0.1098 EUR. The price registered an increase of +19.48% on the session with the lowest point at 0.1050 EUR and the highest point at 0.1146 EUR. The deviation from the price is +4.57% for the low point and -4.19% for the high point.0.1050
0.1146
0.1098
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this Daily chart of EUROPLASMA indicates that the overall trend is strongly bearish. 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 market scanner is currently detecting several bullish signals that could impact this trend:
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : Daily
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal support
Type : Bullish
Timeframe : Daily
Near support of triangle
Type : Bullish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S1
R1
R2
R3
Price
S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|
ProTrendLines | 0.0911 | 0.1098 | 0.3800 | 1.0000 | 2.0000 |
Change (%) | -17.03% | - | +246.08% | +810.75% | +1,721.49% |
Change | -0.0187 | - | +0.2702 | +0.8902 | +1.8902 |
Level | Major | - | Minor | Major | 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 | 0.0883 | 0.0892 | 0.0905 | 0.0914 | 0.0927 | 0.0936 | 0.0949 |
Camarilla | 0.0913 | 0.0915 | 0.0917 | 0.0919 | 0.0921 | 0.0923 | 0.0925 |
Woodie | 0.0886 | 0.0893 | 0.0908 | 0.0915 | 0.0930 | 0.0937 | 0.0952 |
Fibonacci | 0.0892 | 0.0900 | 0.0905 | 0.0914 | 0.0922 | 0.0927 | 0.0936 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.0582 | 0.0741 | 0.0830 | 0.0989 | 0.1078 | 0.1237 | 0.1326 |
Camarilla | 0.0851 | 0.0874 | 0.0896 | 0.0919 | 0.0942 | 0.0965 | 0.0987 |
Woodie | 0.0547 | 0.0724 | 0.0795 | 0.0972 | 0.1043 | 0.1220 | 0.1291 |
Fibonacci | 0.0741 | 0.0836 | 0.0894 | 0.0989 | 0.1084 | 0.1142 | 0.1237 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | -0.0525 | 0.0171 | 0.0608 | 0.1304 | 0.1741 | 0.2437 | 0.2874 |
Camarilla | 0.0733 | 0.0837 | 0.0941 | 0.1045 | 0.1149 | 0.1253 | 0.1357 |
Woodie | -0.0655 | 0.0106 | 0.0479 | 0.1239 | 0.1612 | 0.2372 | 0.2745 |
Fibonacci | 0.0171 | 0.0604 | 0.0871 | 0.1304 | 0.1737 | 0.2004 | 0.2437 |
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): | 39.31 | |
MACD (12,26,9): | -0.0223 | |
Directional Movement: | 7.7686 | |
AROON (14): | 21.4285 | |
DEMA (21): | 0.0801 | |
Parabolic SAR (0,02-0,02-0,2): | 0.1395 | |
Elder Ray (13): | 0.0062 | |
Super Trend (3,10): | 0.1420 | |
Zig ZAG (10): | 0.1081 | |
VORTEX (21): | 0.8534 | |
Stochastique (14,3,5): | 16.81 | |
TEMA (21): | 0.0970 | |
Williams %R (14): | -60.07 | |
Chande Momentum Oscillator (20): | 0.0065 | |
Repulse (5,40,3): | -10.8313 | |
ROCnROLL: | -1 | |
TRIX (15,9): | -2.4184 | |
Courbe Coppock: | 36.69 |
MA7: | 0.0967 | |
MA20: | 0.1097 | |
MA50: | 0.1737 | |
MA100: | 0.3531 | |
MAexp7: | 0.0990 | |
MAexp20: | 0.1135 | |
MAexp50: | 0.1987 | |
MAexp100: | 0.5024 | |
Price / MA7: | +13.55% | |
Price / MA20: | +0.09% | |
Price / MA50: | -36.79% | |
Price / MA100: | -68.90% | |
Price / MAexp7: | +10.91% | |
Price / MAexp20: | -3.26% | |
Price / MAexp50: | -44.74% | |
Price / MAexp100: | -78.14% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The latest news and videos published on EUROPLASMA at the time of the analysis were as follows:
- Alpha Blue Ocean Reaffirms its Commitment to the French Group Europlasma, the Auvergne-Rhône-Alpes Region and the Ministry of Economy for the Re-industrialization of the Forges de Gerzat
- EUROPLASMA: Drawdown ot the second tranche of 200 convertible bonds
- EUROPLASMA: A framework partnership agreement with Orano Cycle has come into effect
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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…
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