AFYREN

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	ALAFY
ISIN:	FR0014005AC9

AFYREN - Weekly - Technical analysis published on 01/29/2024 (GMT)

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Timeframe : Weekly
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

22%

50%

28%

My opinion

Bearish under 2.338 EUR

My targets

2.147 EUR (-0.15%)

1.793 EUR (-16.59%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on AFYREN as long as the price remains well below 2.338 EUR. The sellers' bearish objective is set at 2.147 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.793 EUR. In case of crossing, the next objective would be the support located at 1.602 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

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

AFYREN rating 2.150 EUR. The price registered an increase of +7.50% over 5 days and has been traded over the last 5 days between 2.020 EUR and 2.290 EUR. This implies that the 5 day price is +6.44% from its lowest point and -6.11% from its highest point.

2.020

2.290

2.150

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

Abnormal volumes on AFYREN were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of AFYREN in Weekly shows a overall strongly bearish trend. 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.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : Weekly

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Weekly

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Weekly

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Doji

Type : Neutral

Timeframe : Weekly

ProTrendLines

Price

	Price	R1	R2	R3
ProTrendLines	2.150	4.567	5.792	7.340
Change (%)	-	+112.42%	+169.40%	+241.40%
Change	-	+2.417	+3.642	+5.190
Level	-	Minor	Major	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	2.083	2.117	2.133	2.167	2.183	2.217	2.233
Camarilla	2.136	2.141	2.145	2.150	2.155	2.159	2.164
Woodie	2.075	2.113	2.125	2.163	2.175	2.213	2.225
Fibonacci	2.117	2.136	2.148	2.167	2.186	2.198	2.217

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.630	1.790	1.970	2.130	2.310	2.470	2.650
Camarilla	2.057	2.088	2.119	2.150	2.181	2.212	2.244
Woodie	1.640	1.795	1.980	2.135	2.320	2.475	2.660
Fibonacci	1.790	1.920	2.000	2.130	2.260	2.340	2.470

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.248	1.602	1.793	2.147	2.338	2.692	2.883
Camarilla	1.835	1.885	1.935	1.985	2.035	2.085	2.135
Woodie	1.168	1.561	1.713	2.106	2.258	2.651	2.803
Fibonacci	1.602	1.810	1.939	2.147	2.355	2.484	2.692

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):	22.90
MACD (12,26,9):	-0.7390
Directional Movement:	-20.211
AROON (14):	-85.714
DEMA (21):	1.887
Parabolic SAR (0,02-0,02-0,2):	2.338
Elder Ray (13):	-0.292
Super Trend (3,10):	2.921
Zig ZAG (10):	2.150
VORTEX (21):	0.5770
Stochastique (14,3,5):	14.59
TEMA (21):	1.633
Williams %R (14):	-81.72
Chande Momentum Oscillator (20):	-0.890
Repulse (5,40,3):	-2.3340
ROCnROLL:	2
TRIX (15,9):	-2.5520
Courbe Coppock:	89.69

MA7:	2.059
MA20:	2.054
MA50:	2.251
MA100:	3.164
MAexp7:	2.170
MAexp20:	2.858
MAexp50:	4.013
MAexp100:	5.303
Price / MA7:	+4.42%
Price / MA20:	+4.67%
Price / MA50:	-4.49%
Price / MA100:	-32.05%
Price / MAexp7:	-0.92%
Price / MAexp20:	-24.77%
Price / MAexp50:	-46.42%
Price / MAexp100:	-59.46%

Quotes : - 15 min delayed data - Euronext Paris

News

Don't forget to follow the news on AFYREN. 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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