ORANGE

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	ORA
ISIN:	FR0000133308

ORANGE - 1H - Technical analysis published on 03/02/2023 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Neutral

Technical indicators

28%

50%

22%

My opinion

Bearish under 10.932 EUR

My targets

10.461 EUR (-2.65%)

10.163 EUR (-5.43%)

My analysis

The current short-term bearish acceleration registered on ORANGE should quickly allow the basic trend to return to a bearish trend. To avoid contradicting the short term, traders could favour short positions (for sale) as long as the price remains well below 10.932 EUR. Short-term sellers will use the support located at 10.461 EUR as an objective. A bearish break of this support would revive the bearish momentum. The next bearish objective would then be set at 10.163 EUR. Crossing this support would then open the door for sellers to target 9.622 EUR. Caution, if there is a return to below 10.932 EUR, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend buyers, many of whom will certainly benefit from this movement.

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

Force

2.1

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

The ORANGE price is 10.746 EUR. On the day, this instrument lost -0.02% with the lowest point at 10.670 EUR and the highest point at 10.774 EUR. The deviation from the price is +0.71% for the low point and -0.26% for the high point.

10.670

10.774

10.746

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

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

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of ORANGE indicates that the overall trend is not clearly defined. The trend could quickly turn bearish due to the strong bearish signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

On the 18 technical indicators analysed, 5 are bullish, 4 are neutral and 9 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour

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

Near support of channel

Type : Bullish

Timeframe : 1 hour

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Bearish engulfing lines

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	9.622	10.163	10.461	10.746	10.774	10.932	11.048
Change (%)	-10.46%	-5.43%	-2.65%	-	+0.26%	+1.73%	+2.81%
Change	-1.124	-0.583	-0.285	-	+0.028	+0.186	+0.302
Level	Major	Intermediate	Intermediate	-	Intermediate	Intermediate	Major

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	10.558	10.628	10.688	10.758	10.818	10.888	10.948
Camarilla	10.712	10.724	10.736	10.748	10.760	10.772	10.784
Woodie	10.553	10.626	10.683	10.756	10.813	10.886	10.943
Fibonacci	10.628	10.678	10.708	10.758	10.808	10.838	10.888

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.483	10.585	10.733	10.835	10.983	11.085	11.233
Camarilla	10.813	10.836	10.859	10.882	10.905	10.928	10.951
Woodie	10.507	10.597	10.757	10.847	11.007	11.097	11.257
Fibonacci	10.585	10.680	10.739	10.835	10.930	10.989	11.085

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8.411	8.963	9.877	10.429	11.343	11.895	12.809
Camarilla	10.389	10.523	10.658	10.792	10.926	11.061	11.195
Woodie	8.593	9.054	10.059	10.520	11.525	11.986	12.991
Fibonacci	8.963	9.523	9.869	10.429	10.989	11.335	11.895

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):	38.94
MACD (12,26,9):	-0.0240
Directional Movement:	-16.248
AROON (14):	-42.857
DEMA (21):	10.760
Parabolic SAR (0,02-0,02-0,2):	10.776
Elder Ray (13):	-0.018
Super Trend (3,10):	10.847
Zig ZAG (10):	10.760
VORTEX (21):	0.9400
Stochastique (14,3,5):	45.63
TEMA (21):	10.735
Williams %R (14):	-49.37
Chande Momentum Oscillator (20):	-0.032
Repulse (5,40,3):	-0.0500
ROCnROLL:	2
TRIX (15,9):	-0.0270
Courbe Coppock:	1.42

MA7:	10.812
MA20:	10.290
MA50:	9.892
MA100:	9.616
MAexp7:	10.756
MAexp20:	10.786
MAexp50:	10.781
MAexp100:	10.634
Price / MA7:	-0.61%
Price / MA20:	+4.43%
Price / MA50:	+8.63%
Price / MA100:	+11.75%
Price / MAexp7:	-0.09%
Price / MAexp20:	-0.37%
Price / MAexp50:	-0.32%
Price / MAexp100:	+1.05%

Quotes : - 15 min delayed data - Euronext Paris

News

The last news published on ORANGE at the time of the generation of this analysis was as follows:

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

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