LECTRA

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	LSS
ISIN:	FR0000065484

LECTRA - 1H - Technical analysis published on 02/16/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

28%

My opinion

Bullish above 33.55 EUR

My targets

36.58 EUR (+4.67%)

37.05 EUR (+6.01%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on LECTRA as long as the price remains well above 33.55 EUR. The buyers' bullish objective is set at 36.58 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 37.05 EUR. If there is any crossing, the next objective would be the resistance located at 39.99 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.4

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. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

LECTRA rating 34.95 EUR. The price registered an increase of +5.91% on the session with the lowest point at 33.40 EUR and the highest point at 35.20 EUR. The deviation from the price is +4.64% for the low point and -0.71% for the high point.

33.40

35.20

34.95

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

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

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of LECTRA indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	32.50	33.20	33.55	34.95	37.05	39.99	43.04
Change (%)	-7.01%	-5.01%	-4.01%	-	+6.01%	+14.42%	+23.15%
Change	-2.45	-1.75	-1.40	-	+2.10	+5.04	+8.09
Level	Minor	Intermediate	Intermediate	-	Minor	Major	Intermediate

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	27.33	28.87	30.93	32.47	34.53	36.07	38.13
Camarilla	32.01	32.34	32.67	33.00	33.33	33.66	33.99
Woodie	27.60	29.00	31.20	32.60	34.80	36.20	38.40
Fibonacci	28.87	30.24	31.09	32.47	33.84	34.69	36.07

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	28.93	29.87	30.63	31.57	32.33	33.27	34.03
Camarilla	30.93	31.09	31.24	31.40	31.56	31.71	31.87
Woodie	28.85	29.83	30.55	31.53	32.25	33.23	33.95
Fibonacci	29.87	30.52	30.92	31.57	32.22	32.62	33.27

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	24.77	26.68	29.72	31.63	34.67	36.58	39.62
Camarilla	31.39	31.84	32.30	32.75	33.20	33.66	34.11
Woodie	25.33	26.96	30.28	31.91	35.23	36.86	40.18
Fibonacci	26.68	28.57	29.74	31.63	33.52	34.69	36.58

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):	74.27
MACD (12,26,9):	0.9300
Directional Movement:	35.00
AROON (14):	78.57
DEMA (21):	34.63
Parabolic SAR (0,02-0,02-0,2):	34.01
Elder Ray (13):	0.91
Super Trend (3,10):	33.66
Zig ZAG (10):	34.95
VORTEX (21):	1.2800
Stochastique (14,3,5):	95.03
TEMA (21):	35.27
Williams %R (14):	-6.45
Chande Momentum Oscillator (20):	2.20
Repulse (5,40,3):	1.1100
ROCnROLL:	1
TRIX (15,9):	0.3300
Courbe Coppock:	18.25

MA7:	32.09
MA20:	32.20
MA50:	31.07
MA100:	28.36
MAexp7:	34.61
MAexp20:	33.51
MAexp50:	32.55
MAexp100:	32.15
Price / MA7:	+8.91%
Price / MA20:	+8.54%
Price / MA50:	+12.49%
Price / MA100:	+23.24%
Price / MAexp7:	+0.98%
Price / MAexp20:	+4.30%
Price / MAexp50:	+7.37%
Price / MAexp100:	+8.71%

Quotes : - 15 min delayed data - Euronext Paris

News

Don't forget to follow the news on LECTRA. 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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