KLARSEN

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	ALKLA
ISIN:	FR0011038348

KLARSEN - Weekly - Technical analysis published on 04/16/2024 (GMT)

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Timeframe : Weekly
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bullish

Technical indicators

56%

39%

My opinion

Bullish above 2.707 EUR

My targets

3.003 EUR (+6.69%)

3.380 EUR (+20.07%)

My analysis

All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on KLARSEN as long as the price remains well above 2.707 EUR. The buyers' bullish objective is set at 3.003 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 3.380 EUR. If there is any crossing, the next objective would be the resistance located at 3.947 EUR. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.

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

5.9

Comment on the analysis

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. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The KLARSEN price is 2.815 EUR. Over 5 days, this instrument gained +2.55% with the lowest point at 2.760 EUR and the highest point at 3.030 EUR. The deviation from the price is +1.99% for the low point and -7.10% for the high point.

2.760

3.030

2.815

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following result:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of KLARSEN in Weekly shows an overall bullish trend. 78.57% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Weekly

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : Weekly

An assessment of technical indicators shows a moderate bullish signal.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Momentum indicator is back over 0

Type : Bullish

Timeframe : Weekly

Williams %R indicator is back under -50

Type : Bearish

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near resistance of triangle

Type : Bearish

Timeframe : Weekly

Near horizontal support

Type : Bullish

Timeframe : Weekly

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Bearish harami

Type : Bearish

Timeframe : Weekly

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.470	2.383	2.780	2.815	3.380	3.947	8.300
Change (%)	-47.78%	-15.35%	-1.24%	-	+20.07%	+40.21%	+194.85%
Change	-1.345	-0.432	-0.035	-	+0.565	+1.132	+5.485
Level	Major	Major	Intermediate	-	Intermediate	Major	Minor

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
Standard	2.583	2.672	2.743	2.832	2.903	2.992	3.063
Camarilla	2.771	2.786	2.800	2.815	2.830	2.844	2.859
Woodie	2.575	2.668	2.735	2.828	2.895	2.988	3.055
Fibonacci	2.672	2.733	2.771	2.832	2.893	2.931	2.992

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.358	2.522	2.703	2.867	3.048	3.212	3.393
Camarilla	2.790	2.822	2.853	2.885	2.917	2.948	2.980
Woodie	2.368	2.526	2.713	2.871	3.058	3.216	3.403
Fibonacci	2.522	2.654	2.735	2.867	2.999	3.080	3.212

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.883	2.147	2.443	2.707	3.003	3.267	3.563
Camarilla	2.586	2.637	2.689	2.740	2.791	2.843	2.894
Woodie	1.900	2.155	2.460	2.715	3.020	3.275	3.580
Fibonacci	2.147	2.361	2.493	2.707	2.921	3.053	3.267

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):	50.47
MACD (12,26,9):	-0.0390
Directional Movement:	6.984
AROON (14):	-28.571
DEMA (21):	2.706
Parabolic SAR (0,02-0,02-0,2):	2.531
Elder Ray (13):	0.116
Super Trend (3,10):	3.673
Zig ZAG (10):	2.815
VORTEX (21):	1.0580
Stochastique (14,3,5):	46.53
TEMA (21):	2.685
Williams %R (14):	-50.90
Chande Momentum Oscillator (20):	0.065
Repulse (5,40,3):	1.8710
ROCnROLL:	1
TRIX (15,9):	-0.4250
Courbe Coppock:	6.86

MA7:	2.841
MA20:	2.780
MA50:	2.641
MA100:	2.684
MAexp7:	2.767
MAexp20:	2.772
MAexp50:	2.781
MAexp100:	2.585
Price / MA7:	-0.92%
Price / MA20:	+1.26%
Price / MA50:	+6.59%
Price / MA100:	+4.88%
Price / MAexp7:	+1.73%
Price / MAexp20:	+1.55%
Price / MAexp50:	+1.22%
Price / MAexp100:	+8.90%

Quotes : - 15 min delayed data - Euronext Paris

News

Don't forget to follow the news on KLARSEN. At the time of publication of this analysis, the latest news was as follows:

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

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