EMEIS - 1H - Technical analysis published on 11/22/2023 (GMT)
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I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
50%
17%
33%
My opinion
Bearish under 0.3789 EUR
My targets
0.1909 EUR (-48.98%)
My analysis
The bearish trend is currently very strong for ORPEA. As long as the price remains below the resistance at 0.3789 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.1909 EUR. The bearish momentum would be revived by a break in this support. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
5
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Additional analysis
Quotes
The ORPEA price is 0.3741 EUR. The price registered an increase of +10.81% on the session and was between 0.3031 EUR and 0.3750 EUR. This implies that the price is at +23.42% from its lowest and at -0.24% from its highest.0.3031
0.3750
0.3741
A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ORPEA:
New LOW record (5 years)
Type : Bearish
Timeframe : Weekly
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Abnormal volumes on ORPEA were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of ORPEA in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a slightly bullish signal.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
R1
R2
R3
Price
| Price | R1 | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 0.3741 | 0.3954 | 1.0215 | 1.2010 |
| Change (%) | - | +5.69% | +173.06% | +221.04% |
| Change | - | +0.0213 | +0.6474 | +0.8269 |
| Level | - | Minor | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.2524 | 0.2904 | 0.3140 | 0.3520 | 0.3756 | 0.4136 | 0.4372 |
| Camarilla | 0.3207 | 0.3263 | 0.3320 | 0.3376 | 0.3433 | 0.3489 | 0.3545 |
| Woodie | 0.2452 | 0.2868 | 0.3068 | 0.3484 | 0.3684 | 0.4100 | 0.4300 |
| Fibonacci | 0.2904 | 0.3139 | 0.3285 | 0.3520 | 0.3755 | 0.3901 | 0.4136 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.6112 | -0.1067 | 0.1909 | 0.6954 | 0.9930 | 1.4975 | 1.7951 |
| Camarilla | 0.2678 | 0.3414 | 0.4149 | 0.4884 | 0.5619 | 0.6355 | 0.7090 |
| Woodie | -0.7148 | -0.1584 | 0.0874 | 0.6437 | 0.8895 | 1.4458 | 1.6916 |
| Fibonacci | -0.1067 | 0.1997 | 0.3890 | 0.6954 | 1.0018 | 1.1911 | 1.4975 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.1973 | 0.3789 | 0.6685 | 1.2447 | 1.5343 | 2.1105 | 2.4001 |
| Camarilla | 0.7199 | 0.7993 | 0.8786 | 0.9580 | 1.0374 | 1.1167 | 1.1961 |
| Woodie | -0.3407 | 0.3073 | 0.5251 | 1.1731 | 1.3909 | 2.0389 | 2.2567 |
| Fibonacci | 0.3789 | 0.7097 | 0.9140 | 1.2447 | 1.5755 | 1.7798 | 2.1105 |
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): | 38.26 | |
| MACD (12,26,9): | -0.0640 | |
| Directional Movement: | -15.8185 | |
| AROON (14): | -92.8571 | |
| DEMA (21): | 0.3070 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.3983 | |
| Elder Ray (13): | -0.0326 | |
| Super Trend (3,10): | 0.4186 | |
| Zig ZAG (10): | 0.3741 | |
| VORTEX (21): | 0.7035 | |
| Stochastique (14,3,5): | 24.97 | |
| TEMA (21): | 0.3292 | |
| Williams %R (14): | -42.23 | |
| Chande Momentum Oscillator (20): | -0.0214 | |
| Repulse (5,40,3): | 22.6615 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -2.1067 | |
| Courbe Coppock: | 34.29 |
| MA7: | 0.4661 | |
| MA20: | 0.8336 | |
| MA50: | 1.1339 | |
| MA100: | 1.4337 | |
| MAexp7: | 0.3562 | |
| MAexp20: | 0.4010 | |
| MAexp50: | 0.5547 | |
| MAexp100: | 0.7199 | |
| Price / MA7: | -19.74% | |
| Price / MA20: | -55.12% | |
| Price / MA50: | -67.01% | |
| Price / MA100: | -73.91% | |
| Price / MAexp7: | +5.03% | |
| Price / MAexp20: | -6.71% | |
| Price / MAexp50: | -32.56% | |
| Price / MAexp100: | -48.03% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The latest news and videos published on ORPEA at the time of the analysis were as follows:
- ORPEA Announces a Drawing of €200 Million Under the « New Money » Financing Agreement From Its Main Banking Partners
- ORPEA Announces the Sale of Property Portfolios in the Netherlands and Austria for a Total Amount of €83 Million
- ORPEA Revenue for the First Half of 2023: €2,539 M, up +10.7% Despite a Lower-than-expected Occupancy Rate for Retirement Homes in France
- ORPEA Achieves a Decisive Step in the Implementation of Its Financial Restructuring: the Specialised Commercial Court of Nanterre Approves the Accelerated Safeguard Plan Proposed by the Company
- ORPEA: Cash Situation and Operational Performance Outlook for 2023
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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…
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