FCC - 1H - Technical analysis published on 10/31/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 12.69 EUR
My targets
12.90 EUR (+0.94%)
13.12 EUR (+2.66%)
My analysis
The bullish trend is currently very strong on FCC. As long as the price remains above the support at 12.69 EUR, you could try to benefit from the boom. The first bullish objective is located at 12.90 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 13.12 EUR as an objective. Crossing it would then enable buyers to target 13.52 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.
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
8.4
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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 FCC price is 12.78 EUR. The price has increased by +4.75% since the last closing with the lowest point at 12.18 EUR and the highest point at 12.86 EUR. The deviation from the price is +4.93% for the low point and -0.62% for the high point.12.18
12.86
12.78
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of FCC indicates that the overall trend is strongly bullish. 85.71% 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.
An assessment of technical indicators shows a strong bullish signal.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
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 resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 12.01 | 12.28 | 12.69 | 12.78 | 12.90 | 13.12 | 13.52 |
| Change (%) | -6.03% | -3.91% | -0.70% | - | +0.94% | +2.66% | +5.79% |
| Change | -0.77 | -0.50 | -0.09 | - | +0.12 | +0.34 | +0.74 |
| Level | Minor | Major | Minor | - | Intermediate | Intermediate | Minor |
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 | 11.69 | 11.85 | 12.03 | 12.19 | 12.37 | 12.53 | 12.71 |
| Camarilla | 12.11 | 12.14 | 12.17 | 12.20 | 12.23 | 12.26 | 12.29 |
| Woodie | 11.69 | 11.86 | 12.03 | 12.20 | 12.37 | 12.54 | 12.71 |
| Fibonacci | 11.85 | 11.98 | 12.06 | 12.19 | 12.32 | 12.40 | 12.53 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.29 | 11.55 | 11.75 | 12.01 | 12.21 | 12.47 | 12.67 |
| Camarilla | 11.81 | 11.86 | 11.90 | 11.94 | 11.98 | 12.02 | 12.07 |
| Woodie | 11.25 | 11.54 | 11.71 | 12.00 | 12.17 | 12.46 | 12.63 |
| Fibonacci | 11.55 | 11.73 | 11.84 | 12.01 | 12.19 | 12.30 | 12.47 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.15 | 11.95 | 12.65 | 13.45 | 14.15 | 14.95 | 15.65 |
| Camarilla | 12.95 | 13.09 | 13.22 | 13.36 | 13.50 | 13.64 | 13.77 |
| Woodie | 11.11 | 11.93 | 12.61 | 13.43 | 14.11 | 14.93 | 15.61 |
| Fibonacci | 11.95 | 12.52 | 12.87 | 13.45 | 14.02 | 14.37 | 14.95 |
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): | 74.61 | |
| MACD (12,26,9): | 0.1300 | |
| Directional Movement: | 31.82 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 12.41 | |
| Parabolic SAR (0,02-0,02-0,2): | 12.29 | |
| Elder Ray (13): | 0.30 | |
| Super Trend (3,10): | 12.21 | |
| Zig ZAG (10): | 12.64 | |
| VORTEX (21): | 1.0900 | |
| Stochastique (14,3,5): | 81.62 | |
| TEMA (21): | 12.51 | |
| Williams %R (14): | -20.51 | |
| Chande Momentum Oscillator (20): | 0.52 | |
| Repulse (5,40,3): | 0.2300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1000 | |
| Courbe Coppock: | 5.57 |
| MA7: | 12.10 | |
| MA20: | 12.27 | |
| MA50: | 12.94 | |
| MA100: | 13.13 | |
| MAexp7: | 12.44 | |
| MAexp20: | 12.26 | |
| MAexp50: | 12.14 | |
| MAexp100: | 12.20 | |
| Price / MA7: | +5.62% | |
| Price / MA20: | +4.16% | |
| Price / MA50: | -1.24% | |
| Price / MA100: | -2.67% | |
| Price / MAexp7: | +2.73% | |
| Price / MAexp20: | +4.24% | |
| Price / MAexp50: | +5.27% | |
| Price / MAexp100: | +4.75% |
Quotes :
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15 min delayed data
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Spain Stocks
News
Don't forget to follow the news on FCC. At the time of publication of this analysis, the latest news was as follows:
-
Formal complaint filed to FCC over Harris’ ’60 Minutes’ interview ‘distortion’
- FCC Grants EchoStar's 5G Buildout Framework for the Boost Mobile Network
- Axiros Selected by Leading Telecommunications Cooperative SRT Communications for Advanced CPE Managed Services and FCC Testing Services
-
WE HAVE A CHOICE: Former FCC commissioner says US needs to get back to free speech
-
People are getting ‘needlessly’ left behind: FCC commissioner
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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