VERIMATRIX

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	VMX
ISIN:	FR0010291245

VERIMATRIX - Daily - Technical analysis published on 01/02/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

61%

39%

My opinion

Bullish above 0.774 EUR

My targets

0.899 EUR (+7.12%)

0.980 EUR (+16.81%)

My analysis

In the short term, there could be an acceleration of the basic bullish trend on VERIMATRIX. This is a positive signal for buyers. As long as the price remains above 0.774 EUR, a purchase could be considered. The first bullish objective is located at 0.899 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.980 EUR as an objective. Crossing it would then enable buyers to target 1.098 EUR. In the event of a return below 0.774 EUR, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

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

6.3

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.

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Additional analysis

Quotes

The VERIMATRIX price is 0.839 EUR. The price registered an increase of +8.12% on the session with the lowest point at 0.760 EUR and the highest point at 0.839 EUR. The deviation from the price is +10.39% for the low point and 0% for the high point.

0.760

0.839

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

Technical

Technical analysis of VERIMATRIX in Daily shows an overall bullish trend. The signals returned by the moving averages are 75.00% bullish. This bullish trend is reinforced 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.

In fact, 11 technical indicators on 18 studied are currently positioned bullish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.714	0.774	0.827	0.839	0.980	1.098	1.160
Change (%)	-14.90%	-7.75%	-1.43%	-	+16.81%	+30.87%	+38.26%
Change	-0.125	-0.065	-0.012	-	+0.141	+0.259	+0.321
Level	Intermediate	Intermediate	Major	-	Minor	Minor	Intermediate

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	0.654	0.684	0.730	0.760	0.806	0.836	0.882
Camarilla	0.755	0.762	0.769	0.776	0.783	0.790	0.797
Woodie	0.662	0.688	0.738	0.764	0.814	0.840	0.890
Fibonacci	0.684	0.713	0.731	0.760	0.789	0.807	0.836

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.622	0.659	0.717	0.754	0.812	0.849	0.907
Camarilla	0.750	0.759	0.767	0.776	0.785	0.793	0.802
Woodie	0.634	0.664	0.729	0.759	0.824	0.854	0.919
Fibonacci	0.659	0.695	0.717	0.754	0.790	0.812	0.849

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.497	0.559	0.667	0.729	0.837	0.899	1.007
Camarilla	0.729	0.745	0.760	0.776	0.792	0.807	0.823
Woodie	0.521	0.571	0.691	0.741	0.861	0.911	1.031
Fibonacci	0.559	0.624	0.664	0.729	0.794	0.834	0.899

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	62.39
MACD (12,26,9):	0.0240
Directional Movement:	3.168
AROON (14):	7.143
DEMA (21):	0.715
Parabolic SAR (0,02-0,02-0,2):	0.637
Elder Ray (13):	0.008
Super Trend (3,10):	0.632
Zig ZAG (10):	0.701
VORTEX (21):	1.1620
Stochastique (14,3,5):	80.82
TEMA (21):	0.723
Williams %R (14):	-25.47
Chande Momentum Oscillator (20):	0.022
Repulse (5,40,3):	1.5250
ROCnROLL:	1
TRIX (15,9):	0.5980
Courbe Coppock:	13.20

MA7:	0.706
MA20:	0.685
MA50:	0.631
MA100:	0.643
MAexp7:	0.703
MAexp20:	0.683
MAexp50:	0.654
MAexp100:	0.667
Price / MA7:	+18.84%
Price / MA20:	+22.48%
Price / MA50:	+32.96%
Price / MA100:	+30.48%
Price / MAexp7:	+19.35%
Price / MAexp20:	+22.84%
Price / MAexp50:	+28.29%
Price / MAexp100:	+25.79%

Quotes : - 15 min delayed data - Euronext Paris

News

The latest news and videos published on VERIMATRIX at the time of the analysis were as follows:

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

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Londinia AI

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