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
11%
67%
22%
My opinion
Bearish under 2.383 EUR
My targets
2.188 EUR (-4.86%)
2.070 EUR (-10.00%)
My analysis
The bearish trend is currently very strong for KLARSEN. As long as the price remains below the resistance at 2.383 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 2.188 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 2.070 EUR as an objective. Crossing it would then enable sellers to target 1.470 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, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7.9
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Additional analysis
Quotes
KLARSEN rating 2.300 EUR. On the day, this instrument lost -12.05% with the lowest point at 2.245 EUR and the highest point at 2.580 EUR. The deviation from the price is +2.45% for the low point and -10.85% for the high point.2.245
2.580
2.300
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
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:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this KLARSEN chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 12 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:
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
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:
Bullish doji star
Type : Bullish
Timeframe : 1 hour
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.075 | 1.470 | 2.070 | 2.300 | 2.383 | 2.565 | 2.630 |
| Change (%) | -53.26% | -36.09% | -10.00% | - | +3.61% | +11.52% | +14.35% |
| Change | -1.225 | -0.830 | -0.230 | - | +0.083 | +0.265 | +0.330 |
| Level | Minor | Major | Minor | - | Major | Intermediate | 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 | 2.298 | 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): | 25.09 | |
| MACD (12,26,9): | -0.1310 | |
| Directional Movement: | -42.524 | |
| AROON (14): | -71.428 | |
| DEMA (21): | 2.332 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.569 | |
| Elder Ray (13): | -0.153 | |
| Super Trend (3,10): | 2.468 | |
| Zig ZAG (10): | 2.270 | |
| VORTEX (21): | 0.5940 | |
| Stochastique (14,3,5): | 10.04 | |
| TEMA (21): | 2.259 | |
| Williams %R (14): | -88.17 | |
| Chande Momentum Oscillator (20): | -0.405 | |
| Repulse (5,40,3): | -0.1970 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.5380 | |
| Courbe Coppock: | 27.63 |
| MA7: | 2.761 | |
| MA20: | 2.805 | |
| MA50: | 2.709 | |
| MA100: | 2.733 | |
| MAexp7: | 2.344 | |
| MAexp20: | 2.489 | |
| MAexp50: | 2.645 | |
| MAexp100: | 2.728 | |
| Price / MA7: | -16.70% | |
| Price / MA20: | -18.00% | |
| Price / MA50: | -15.10% | |
| Price / MA100: | -15.84% | |
| Price / MAexp7: | -1.88% | |
| Price / MAexp20: | -7.59% | |
| Price / MAexp50: | -13.04% | |
| Price / MAexp100: | -15.69% |
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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