ALUMEXX N.V.

- EUR (-)

- 15 min delayed data - Euronext Amsterdam

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	ALX
ISIN:	NL0012194724

ALUMEXX N.V. - Daily - Technical analysis published on 03/21/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

39%

33%

28%

My opinion

Bearish under 0.702 EUR

My targets

0.614 EUR (-8.36%)

0.595 EUR (-11.15%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on ALUMEXX N.V.. As long as you are under the resistance located at 0.702 EUR, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 0.614 EUR would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 0.595 EUR as an objective. Crossing it would then enable sellers to target 0.372 EUR. If the resistance 0.702 EUR were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

3.9

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 Londinia.

Additional analysis

Quotes

ALUMEXX N.V. rating 0.670 EUR. The price has increased by +6.01% since the last closing and was between 0.640 EUR and 0.670 EUR. This implies that the price is at +4.69% from its lowest and at 0% from its highest.

0.640

0.670

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of ALUMEXX N.V. indicates that the overall trend is bearish. 78.57% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

On the 18 technical indicators analysed, 7 are bullish, 5 are neutral and 6 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.372	0.614	0.670	0.702	0.760	0.820
Change (%)	-44.48%	-8.36%	-	+4.78%	+13.43%	+22.39%
Change	-0.298	-0.056	-	+0.032	+0.090	+0.150
Level	Intermediate	Intermediate	-	Major	Minor	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	0.632	0.632	0.632	0.632	0.632	0.632	0.632
Camarilla	0.632	0.632	0.632	0.632	0.632	0.632	0.632
Woodie	0.632	0.632	0.632	0.632	0.632	0.632	0.632
Fibonacci	0.632	0.632	0.632	0.632	0.632	0.632	0.632

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.555	0.593	0.613	0.651	0.671	0.709	0.729
Camarilla	0.616	0.621	0.627	0.632	0.637	0.643	0.648
Woodie	0.545	0.589	0.603	0.647	0.661	0.705	0.719
Fibonacci	0.593	0.616	0.629	0.651	0.674	0.687	0.709

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.595	0.623	0.649	0.677	0.703	0.731	0.757
Camarilla	0.661	0.666	0.671	0.676	0.681	0.686	0.691
Woodie	0.595	0.623	0.649	0.677	0.703	0.731	0.757
Fibonacci	0.623	0.643	0.656	0.677	0.697	0.710	0.731

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):	49.76
MACD (12,26,9):	-0.0070
Directional Movement:	6.729
AROON (14):	-85.714
DEMA (21):	0.660
Parabolic SAR (0,02-0,02-0,2):	0.692
Elder Ray (13):	-0.009
Super Trend (3,10):	0.695
Zig ZAG (10):	0.670
VORTEX (21):	0.7440
Stochastique (14,3,5):	20.43
TEMA (21):	0.655
Williams %R (14):	-38.71
Chande Momentum Oscillator (20):	-0.012
Repulse (5,40,3):	1.6030
ROCnROLL:	-1
TRIX (15,9):	-0.1070
Courbe Coppock:	6.45

MA7:	0.661
MA20:	0.671
MA50:	0.679
MA100:	0.679
MAexp7:	0.659
MAexp20:	0.668
MAexp50:	0.676
MAexp100:	0.688
Price / MA7:	+1.36%
Price / MA20:	-0.15%
Price / MA50:	-1.33%
Price / MA100:	-1.33%
Price / MAexp7:	+1.67%
Price / MAexp20:	+0.30%
Price / MAexp50:	-0.89%
Price / MAexp100:	-2.62%

Quotes : - 15 min delayed data - Euronext Amsterdam

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

About author

Londinia AI

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