HERMES INTL
HERMES INTL
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: RMS
ISIN: FR0000052292

HERMES INTL - 1H - Technical analysis published on 04/29/2024 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 2,326.0 EUR
My targets
2,366.7 EUR (+1.14%)
2,386.1 EUR (+1.97%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on HERMES INTL as long as the price remains well above 2,326.0 EUR. The buyers' bullish objective is set at 2,366.7 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2,386.1 EUR. If there is any crossing, the next objective would be the resistance located at 2,410.5 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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
7.3

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 Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The HERMES INTL rating is 2,340.0 EUR. The price is lower by -0.43% since the last closing and was between 2,324.0 EUR and 2,355.0 EUR. This implies that the price is at +0.69% from its lowest and at -0.64% from its highest.

2,324.0
2,355.0
2,340.0

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.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by HERMES INTL:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of HERMES INTL indicates that the overall trend is strongly bullish. 82.14% 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.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour



The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Central Candlesticks

Bearish engulfing lines

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2,269.3 2,297.5 2,326.0 2,340.0 2,366.7 2,386.1 2,410.5
Change (%) -3.02% -1.82% -0.60% - +1.14% +1.97% +3.01%
Change -70.7 -42.5 -14.0 - +26.7 +46.1 +70.5
Level Major Intermediate Intermediate - Intermediate Intermediate Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,243.72,267.32,308.72,332.32,373.72,397.32,438.7
Camarilla2,332.12,338.12,344.02,350.02,356.02,361.92,367.9
Woodie2,252.52,271.82,317.52,336.82,382.52,401.82,447.5
Fibonacci2,267.32,292.22,307.52,332.32,357.22,372.52,397.3


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,095.32,160.72,255.32,320.72,415.32,480.72,575.3
Camarilla2,306.02,320.72,335.32,350.02,364.72,379.32,394.0
Woodie2,110.02,168.02,270.02,328.02,430.02,488.02,590.0
Fibonacci2,160.72,221.82,259.62,320.72,381.82,419.62,480.7


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,074.32,160.72,263.32,349.72,452.32,538.72,641.3
Camarilla2,314.02,331.42,348.72,366.02,383.32,400.72,418.0
Woodie2,082.52,164.82,271.52,353.82,460.52,542.82,649.5
Fibonacci2,160.72,232.92,277.52,349.72,421.92,466.52,538.7

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): 57.80
MACD (12,26,9): 6.3000
Directional Movement: 3.3
AROON (14): 71.4
DEMA (21): 2,329.4
Parabolic SAR (0,02-0,02-0,2): 2,267.2
Elder Ray (13): 16.6
Super Trend (3,10): 2,288.9
Zig ZAG (10): 2,342.0
VORTEX (21): 1.0000
Stochastique (14,3,5): 91.20
TEMA (21): 2,338.5
Williams %R (14): -15.80
Chande Momentum Oscillator (20): 44.0
Repulse (5,40,3): 0.2000
ROCnROLL: 1
TRIX (15,9): 0.0000
Courbe Coppock: 5.00
MA7: 2,332.3
MA20: 2,326.7
MA50: 2,325.3
MA100: 2,136.3
MAexp7: 2,338.2
MAexp20: 2,324.8
MAexp50: 2,323.1
MAexp100: 2,324.2
Price / MA7: +0.33%
Price / MA20: +0.57%
Price / MA50: +0.63%
Price / MA100: +9.54%
Price / MAexp7: +0.08%
Price / MAexp20: +0.65%
Price / MAexp50: +0.73%
Price / MAexp100: +0.68%

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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