PARROT - 1H - Technical analysis published on 03/13/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bearish
Technical indicators
28%
56%
17%
My opinion
Bearish under 7.03 EUR
My targets
6.20 EUR (-4.62%)
6.05 EUR (-6.88%)
My analysis
The short-term decline is currently reinforcing the basic trend, which is only slightly bearish. It would be possible for traders to only trade short positions (for sale) on PARROT as long as the price remains well below 7.03 EUR. The next bearish objective for sellers is set at 6.20 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 6.05 EUR. In case of crossing, the next objective would be the support located at 5.55 EUR.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
3.8
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The PARROT rating is 6.50 EUR. The price registered an increase of +6.91% on the session and was between 6.20 EUR and 6.50 EUR. This implies that the price is at +4.84% from its lowest and at 0% from its highest.6.20
6.50
6.50
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by PARROT:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of PARROT indicates that the overall trend is slightly bearish. Only 60.71% of the signals given by moving averages are bearish. This slightly bearish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point (Daily)
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near support of channel
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4.91 | 5.55 | 6.20 | 6.50 | 7.06 | 7.66 | 8.68 |
| Change (%) | -24.46% | -14.62% | -4.62% | - | +8.62% | +17.85% | +33.54% |
| Change | -1.59 | -0.95 | -0.30 | - | +0.56 | +1.16 | +2.18 |
| Level | Major | Major | Minor | - | Intermediate | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.01 | 5.55 | 5.81 | 6.35 | 6.61 | 7.15 | 7.41 |
| Camarilla | 5.86 | 5.93 | 6.01 | 6.08 | 6.15 | 6.23 | 6.30 |
| Woodie | 4.88 | 5.48 | 5.68 | 6.28 | 6.48 | 7.08 | 7.28 |
| Fibonacci | 5.55 | 5.85 | 6.04 | 6.35 | 6.65 | 6.84 | 7.15 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.03 | 2.88 | 5.54 | 7.39 | 10.05 | 11.90 | 14.56 |
| Camarilla | 6.96 | 7.37 | 7.79 | 8.20 | 8.61 | 9.03 | 9.44 |
| Woodie | 1.44 | 3.08 | 5.95 | 7.59 | 10.46 | 12.10 | 14.97 |
| Fibonacci | 2.88 | 4.60 | 5.67 | 7.39 | 9.11 | 10.18 | 11.90 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.05 | 2.73 | 3.71 | 4.39 | 5.37 | 6.05 | 7.03 |
| Camarilla | 4.22 | 4.38 | 4.53 | 4.68 | 4.83 | 4.98 | 5.14 |
| Woodie | 2.19 | 2.81 | 3.85 | 4.47 | 5.51 | 6.13 | 7.17 |
| Fibonacci | 2.73 | 3.37 | 3.76 | 4.39 | 5.03 | 5.42 | 6.05 |
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): | 30.91 | |
| MACD (12,26,9): | -0.4100 | |
| Directional Movement: | -24.26 | |
| AROON (14): | -85.71 | |
| DEMA (21): | 6.31 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.99 | |
| Elder Ray (13): | -0.41 | |
| Super Trend (3,10): | 6.84 | |
| Zig ZAG (10): | 6.08 | |
| VORTEX (21): | 0.5800 | |
| Stochastique (14,3,5): | 4.69 | |
| TEMA (21): | 5.89 | |
| Williams %R (14): | -100.00 | |
| Chande Momentum Oscillator (20): | -1.34 | |
| Repulse (5,40,3): | -5.2800 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.6500 | |
| Courbe Coppock: | 36.11 |
| MA7: | 7.30 | |
| MA20: | 5.50 | |
| MA50: | 4.84 | |
| MA100: | 3.55 | |
| MAexp7: | 6.28 | |
| MAexp20: | 6.79 | |
| MAexp50: | 6.96 | |
| MAexp100: | 6.49 | |
| Price / MA7: | -10.96% | |
| Price / MA20: | +18.18% | |
| Price / MA50: | +34.30% | |
| Price / MA100: | +83.10% | |
| Price / MAexp7: | +3.50% | |
| Price / MAexp20: | -4.27% | |
| Price / MAexp50: | -6.61% | |
| Price / MAexp100: | +0.15% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
Don't forget to follow the news on PARROT. At the time of publication of this analysis, the latest news was as follows:
- PARROT: 2024 FIRST-QUARTER BUSINESS
- PARROT: 2023 FULL-YEAR EARNINGS
- PARROT: 2023 THIRD-QUARTER BUSINESS
- PARROT: 2023 FIRST-HALF EARNINGS
- PARROT: 2023 FIRST-QUARTER BUSINESS
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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