ALTHEORA

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	ALORA
ISIN:	FR0000061244

ALTHEORA - Weekly - Technical analysis published on 03/12/2024 (GMT)

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Timeframe : Weekly
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bearish

Underlying: Strongly bearish

Technical indicators

17%

44%

39%

My opinion

Bearish under 0.605 EUR

My targets

0.443 EUR (-10.93%)

0.381 EUR (-23.34%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on ALTHEORA as long as the price remains well below 0.605 EUR. The next bearish objective for sellers is set at 0.443 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.381 EUR. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish 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.

This analysis was given by pierrott. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

ALTHEORA rating 0.497 EUR. Over 5 days, this instrument lost -0.60% and has been traded over the last 5 days between 0.465 EUR and 0.504 EUR. This implies that the 5 day price is +6.88% from its lowest point and -1.39% from its highest point.

0.465

0.504

0.497

Here is a more detailed summary of the historical variations registered by ALTHEORA:

The Central Records scanner for higher/lower results shows an item:

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

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

Abnormal volumes

Timeframe : 50 days

Technical

A technical analysis in Weekly of this ALTHEORA chart shows a sharp bearish trend. 89.29% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. There is no crossing of moving average by the price or crossing of moving averages between themselves.

Technical indicators are slightly bearish. There is therefore considerable uncertainty about the continuation of the decline.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Weekly

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

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

	S1	Price	R1	R2	R3
ProTrendLines	0.381	0.497	0.691	1.000	1.480
Change (%)	-23.34%	-	+39.03%	+101.21%	+197.79%
Change	-0.116	-	+0.194	+0.503	+0.983
Level	Major	-	Intermediate	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	0.424	0.444	0.455	0.475	0.486	0.506	0.517
Camarilla	0.457	0.459	0.462	0.465	0.468	0.471	0.474
Woodie	0.419	0.442	0.450	0.473	0.481	0.504	0.512
Fibonacci	0.444	0.456	0.464	0.475	0.487	0.495	0.506

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.414	0.443	0.465	0.494	0.516	0.545	0.567
Camarilla	0.474	0.479	0.483	0.488	0.493	0.497	0.502
Woodie	0.412	0.441	0.463	0.492	0.514	0.543	0.565
Fibonacci	0.443	0.462	0.474	0.494	0.513	0.525	0.545

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.125	0.151	0.329	0.605	0.783	1.059	1.237
Camarilla	0.383	0.425	0.466	0.508	0.550	0.591	0.633
Woodie	-0.173	0.127	0.281	0.581	0.735	1.035	1.189
Fibonacci	0.151	0.324	0.431	0.605	0.778	0.885	1.059

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):	42.74
MACD (12,26,9):	-0.0310
Directional Movement:	16.035
AROON (14):	14.286
DEMA (21):	0.487
Parabolic SAR (0,02-0,02-0,2):	0.446
Elder Ray (13):	-0.040
Super Trend (3,10):	0.400
Zig ZAG (10):	0.465
VORTEX (21):	1.0010
Stochastique (14,3,5):	20.44
TEMA (21):	0.521
Williams %R (14):	-86.46
Chande Momentum Oscillator (20):	-0.069
Repulse (5,40,3):	-22.1360
ROCnROLL:	2
TRIX (15,9):	-0.7000
Courbe Coppock:	8.42

MA7:	0.493
MA20:	0.517
MA50:	0.550
MA100:	0.519
MAexp7:	0.506
MAexp20:	0.533
MAexp50:	0.663
MAexp100:	0.926
Price / MA7:	+0.81%
Price / MA20:	-3.87%
Price / MA50:	-9.64%
Price / MA100:	-4.24%
Price / MAexp7:	-1.78%
Price / MAexp20:	-6.75%
Price / MAexp50:	-25.04%
Price / MAexp100:	-46.33%

Quotes : - 15 min delayed data - Euronext Paris

News

Don't forget to follow the news on ALTHEORA. 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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