KLARSEN - 1H - Technical analysis published on 05/02/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
72%
6%
My opinion
Bearish under 2.443 EUR
My targets
2.383 EUR (-0.71%)
2.188 EUR (-8.82%)
My analysis
The bearish trend is currently very strong for KLARSEN. As long as the price remains below the resistance at 2.443 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 2.383 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 2.188 EUR as an objective. Crossing it would then enable sellers to target 2.070 EUR. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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 are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
7.7
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Additional analysis
Quotes
The KLARSEN price is 2.400 EUR. The price is lower by -8.22% since the last closing and was between 2.360 EUR and 2.580 EUR. This implies that the price is at +1.69% from its lowest and at -6.98% from its highest.2.360
2.580
2.400
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
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 (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of KLARSEN indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : 1 hour
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.470 | 2.070 | 2.383 | 2.400 | 2.565 | 2.630 | 2.750 |
| Change (%) | -38.75% | -13.75% | -0.71% | - | +6.88% | +9.58% | +14.58% |
| Change | -0.930 | -0.330 | -0.017 | - | +0.165 | +0.230 | +0.350 |
| Level | Major | Minor | Major | - | Intermediate | Minor | Major |
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 | 2.298 | 2.432 | 2.523 | 2.657 | 2.748 | 2.882 | 2.973 |
| Camarilla | 2.553 | 2.574 | 2.594 | 2.615 | 2.636 | 2.656 | 2.677 |
| Woodie | 2.278 | 2.421 | 2.503 | 2.646 | 2.728 | 2.871 | 2.953 |
| Fibonacci | 2.432 | 2.518 | 2.571 | 2.657 | 2.743 | 2.796 | 2.882 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.188 | 2.382 | 2.603 | 2.797 | 3.018 | 3.212 | 3.433 |
| Camarilla | 2.711 | 2.749 | 2.787 | 2.825 | 2.863 | 2.901 | 2.939 |
| Woodie | 2.203 | 2.389 | 2.618 | 2.804 | 3.033 | 3.219 | 3.448 |
| Fibonacci | 2.382 | 2.540 | 2.638 | 2.797 | 2.955 | 3.053 | 3.212 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.978 | 2.272 | 2.443 | 2.737 | 2.908 | 3.202 | 3.373 |
| Camarilla | 2.487 | 2.530 | 2.572 | 2.615 | 2.658 | 2.700 | 2.743 |
| Woodie | 1.918 | 2.241 | 2.383 | 2.706 | 2.848 | 3.171 | 3.313 |
| Fibonacci | 2.272 | 2.449 | 2.559 | 2.737 | 2.914 | 3.024 | 3.202 |
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): | 25.64 | |
| MACD (12,26,9): | -0.0780 | |
| Directional Movement: | -43.021 | |
| AROON (14): | -92.857 | |
| DEMA (21): | 2.573 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.797 | |
| Elder Ray (13): | -0.229 | |
| Super Trend (3,10): | 2.637 | |
| Zig ZAG (10): | 2.370 | |
| VORTEX (21): | 0.6540 | |
| Stochastique (14,3,5): | 14.02 | |
| TEMA (21): | 2.524 | |
| Williams %R (14): | -97.73 | |
| Chande Momentum Oscillator (20): | -0.405 | |
| Repulse (5,40,3): | -4.3850 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2370 | |
| Courbe Coppock: | 15.56 |
| MA7: | 2.775 | |
| MA20: | 2.811 | |
| MA50: | 2.711 | |
| MA100: | 2.734 | |
| MAexp7: | 2.558 | |
| MAexp20: | 2.663 | |
| MAexp50: | 2.749 | |
| MAexp100: | 2.788 | |
| Price / MA7: | -13.51% | |
| Price / MA20: | -14.62% | |
| Price / MA50: | -11.47% | |
| Price / MA100: | -12.22% | |
| Price / MAexp7: | -6.18% | |
| Price / MAexp20: | -9.88% | |
| Price / MAexp50: | -12.70% | |
| Price / MAexp100: | -13.92% |
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:
Groupe ConcoursManiaThis member declared not having a position on this financial instrument or a related financial instrument.
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