ORANGE
ORANGE
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: ORA
ISIN: FR0000133308

ORANGE - Daily - Technical analysis published on 10/21/2019 (GMT)

  • Who voted?
  • 351
  • 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
  • Timeframe : Daily
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 14.855 EUR
My targets
15.225 EUR (+2.35%)
15.686 EUR (+5.45%)
My analysis
The bullish trend is currently very strong on ORANGE. As long as the price remains above the support at 14.855 EUR, you could try to benefit from the boom. The first bullish objective is located at 15.225 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 15.686 EUR as an objective. Crossing it would then enable buyers to target 16.445 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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
0
10
8.4

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The ORANGE price is 14.875 EUR. The price is lower by -0.34% since the last closing and was traded between 14.825 EUR and 14.980 EUR over the period. The price is currently at +0.34% from its lowest and -0.70% from its highest.

14.825
14.980
14.875

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.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by ORANGE:
The Central Records scanner for higher/lower results shows the following items:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


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 ORANGE in Daily shows a strongly overall bullish trend. 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 14.128 14.394 14.855 14.875 15.225 15.686 16.445
Change (%) -5.02% -3.23% -0.13% - +2.35% +5.45% +10.55%
Change -0.747 -0.481 -0.020 - +0.350 +0.811 +1.570
Level Intermediate Minor Major - Minor Major Minor



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
Standard14.77714.80814.86714.89814.95714.98815.047
Camarilla14.90014.90914.91714.92514.93314.94214.950
Woodie14.79014.81514.88014.90514.97014.99515.060
Fibonacci14.80814.84314.86414.89814.93314.95414.988


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard14.47714.56814.74714.83815.01715.10815.287
Camarilla14.85114.87614.90014.92514.95014.97514.999
Woodie14.52014.59014.79014.86015.06015.13015.330
Fibonacci14.56814.67214.73514.83814.94215.00515.108


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12.56812.94213.66814.04214.76815.14215.868
Camarilla14.09314.19314.29414.39514.49614.59714.698
Woodie12.74513.03013.84514.13014.94515.23016.045
Fibonacci12.94213.36213.62214.04214.46214.72215.142

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): 67.76
MACD (12,26,9): 0.2590
Directional Movement: 22.718
AROON (14): 85.714
DEMA (21): 14.851
Parabolic SAR (0,02-0,02-0,2): 14.306
Elder Ray (13): 0.245
Super Trend (3,10): 14.346
Zig ZAG (10): 14.875
VORTEX (21): 1.1930
Stochastique (14,3,5): 94.31
TEMA (21): 14.945
Williams %R (14): -10.35
Chande Momentum Oscillator (20): 0.855
Repulse (5,40,3): 0.8530
ROCnROLL: 1
TRIX (15,9): 0.2360
Courbe Coppock: 7.63
MA7: 14.842
MA20: 14.486
MA50: 14.003
MA100: 13.814
MAexp7: 14.798
MAexp20: 14.520
MAexp50: 14.157
MAexp100: 13.929
Price / MA7: +0.22%
Price / MA20: +2.69%
Price / MA50: +6.23%
Price / MA100: +7.68%
Price / MAexp7: +0.52%
Price / MAexp20: +2.44%
Price / MAexp50: +5.07%
Price / MAexp100: +6.79%

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

About author

Online

Overall rating :
15111
Number of analyses :
Followers :
0
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

Add a comment

no pic

Comments

0 comments on the analysis ORANGE - Daily