EXPLOSIFS PROD.CHI - Daily - Technical analysis published on 11/16/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Neutral
Technical indicators
78%
0%
22%
My opinion
Bullish above 111.0 EUR
My targets
119.0 EUR (+4.39%)
123.0 EUR (+7.89%)
My analysis
The current short-term bullish trend should quickly fix the basic bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for EXPLOSIFS PROD.CHI as long as the price remains well above 111.0 EUR. The buyers' bullish objective is set at 119.0 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 123.0 EUR. If there is any crossing, the next objective would be the resistance located at 130.0 EUR.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
4.3
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Additional analysis
Quotes
The EXPLOSIFS PROD.CHI rating is 114.0 EUR. On the day, this instrument gained +3.64% with the lowest point at 111.0 EUR and the highest point at 114.0 EUR. The deviation from the price is +2.70% for the low point and 0% for the high point.111.0
114.0
114.0
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by EXPLOSIFS PROD.CHI:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this EXPLOSIFS PROD.CHI chart shows a neutral trend. This indecision could turn into a bullish trend due to the strong bullish signals currently being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : Daily
In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
Resistance of triangle 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
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 94.5 | 99.5 | 111.0 | 114.0 | 119.0 | 123.0 | 130.0 |
| Change (%) | -17.11% | -12.72% | -2.63% | - | +4.39% | +7.89% | +14.04% |
| Change | -19.5 | -14.5 | -3.0 | - | +5.0 | +9.0 | +16.0 |
| Level | Minor | Major | Intermediate | - | Minor | 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 | 110.0 | 110.0 | 110.0 | 110.0 | 110.0 | 110.0 | 110.0 |
| Camarilla | 110.0 | 110.0 | 110.0 | 110.0 | 110.0 | 110.0 | 110.0 |
| Woodie | 110.0 | 110.0 | 110.0 | 110.0 | 110.0 | 110.0 | 110.0 |
| Fibonacci | 110.0 | 110.0 | 110.0 | 110.0 | 110.0 | 110.0 | 110.0 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 95.0 | 100.0 | 104.0 | 109.0 | 113.0 | 118.0 | 122.0 |
| Camarilla | 105.5 | 106.4 | 107.2 | 108.0 | 108.8 | 109.7 | 110.5 |
| Woodie | 94.5 | 99.8 | 103.5 | 108.8 | 112.5 | 117.8 | 121.5 |
| Fibonacci | 100.0 | 103.4 | 105.6 | 109.0 | 112.4 | 114.6 | 118.0 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 75.3 | 85.7 | 95.3 | 105.7 | 115.3 | 125.7 | 135.3 |
| Camarilla | 99.5 | 101.3 | 103.2 | 105.0 | 106.8 | 108.7 | 110.5 |
| Woodie | 75.0 | 85.5 | 95.0 | 105.5 | 115.0 | 125.5 | 135.0 |
| Fibonacci | 85.7 | 93.3 | 98.0 | 105.7 | 113.3 | 118.0 | 125.7 |
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): | 60.50 | |
| MACD (12,26,9): | 0.5000 | |
| Directional Movement: | 14.3 | |
| AROON (14): | 42.9 | |
| DEMA (21): | 108.5 | |
| Parabolic SAR (0,02-0,02-0,2): | 105.9 | |
| Elder Ray (13): | 3.3 | |
| Super Trend (3,10): | 103.3 | |
| Zig ZAG (10): | 114.0 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 84.50 | |
| TEMA (21): | 111.2 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 9.0 | |
| Repulse (5,40,3): | 4.0000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.1000 | |
| Courbe Coppock: | 20.10 |
| MA7: | 110.6 | |
| MA20: | 105.7 | |
| MA50: | 111.5 | |
| MA100: | 118.4 | |
| MAexp7: | 110.5 | |
| MAexp20: | 108.7 | |
| MAexp50: | 110.9 | |
| MAexp100: | 111.7 | |
| Price / MA7: | +3.07% | |
| Price / MA20: | +7.85% | |
| Price / MA50: | +2.24% | |
| Price / MA100: | -3.72% | |
| Price / MAexp7: | +3.17% | |
| Price / MAexp20: | +4.88% | |
| Price / MAexp50: | +2.80% | |
| Price / MAexp100: | +2.06% |
Quotes :
-
15 min delayed data
-
Euronext Paris
This member declared not having a position on this financial instrument or a related financial instrument.
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