ADVICENNE

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	ALDVI
ISIN:	FR0013296746

ADVICENNE - Daily - Technical analysis published on 03/21/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Strongly bearish

Technical indicators

50%

My opinion

Bearish under 1.620 EUR

My targets

1.437 EUR (-2.93%)

1.317 EUR (-11.03%)

My analysis

With a strongly bearish trend, the price of ADVICENNE is trying to inflate a little while more or less stagnating in the short term. Is the price preparing for a rebound or a bearish rally recovery? Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 1.620 EUR remains possible. It would be possible for traders to only trade short positions (for sale) on ADVICENNE as long as the price remains well below 1.620 EUR. The next bearish objective for sellers is set at 1.437 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.317 EUR. In case of crossing, the next objective would be the support located at 1.130 EUR.

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

2.7

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

ADVICENNE rating 1.480 EUR. The price registered an increase of +0.54% on the session with the lowest point at 1.422 EUR and the highest point at 1.484 EUR. The deviation from the price is +4.08% for the low point and -0.27% for the high point.

1.422

1.484

1.480

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

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

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

Abnormal volumes

Timeframe : 20 days

Technical

A technical analysis in Daily of this ADVICENNE chart shows a sharp bearish trend. 82.14% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the global trend is slowing down. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : Daily

In fact, only 9 technical indicators out of 18 studied are currently bullish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	1.130	1.480	1.620	2.920	3.333
Change (%)	-23.65%	-	+9.46%	+97.30%	+125.20%
Change	-0.350	-	+0.140	+1.440	+1.853
Level	Major	-	Intermediate	Intermediate	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.360	1.392	1.432	1.464	1.504	1.536	1.576
Camarilla	1.452	1.459	1.465	1.472	1.479	1.485	1.492
Woodie	1.364	1.394	1.436	1.466	1.508	1.538	1.580
Fibonacci	1.392	1.420	1.437	1.464	1.492	1.509	1.536

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.233	1.317	1.413	1.497	1.593	1.677	1.773
Camarilla	1.461	1.477	1.494	1.510	1.527	1.543	1.560
Woodie	1.240	1.320	1.420	1.500	1.600	1.680	1.780
Fibonacci	1.317	1.385	1.428	1.497	1.565	1.608	1.677

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.347	0.781	1.003	1.437	1.659	2.093	2.315
Camarilla	1.046	1.106	1.166	1.226	1.286	1.346	1.406
Woodie	0.242	0.728	0.898	1.384	1.554	2.040	2.210
Fibonacci	0.781	1.031	1.186	1.437	1.687	1.842	2.093

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):	47.08
MACD (12,26,9):	-0.0490
Directional Movement:	0.861
AROON (14):	14.286
DEMA (21):	1.392
Parabolic SAR (0,02-0,02-0,2):	1.247
Elder Ray (13):	-0.012
Super Trend (3,10):	1.192
Zig ZAG (10):	1.480
VORTEX (21):	0.9980
Stochastique (14,3,5):	50.59
TEMA (21):	1.468
Williams %R (14):	-48.51
Chande Momentum Oscillator (20):	0.290
Repulse (5,40,3):	3.8050
ROCnROLL:	-1
TRIX (15,9):	-0.7650
Courbe Coppock:	26.72

MA7:	1.476
MA20:	1.406
MA50:	1.718
MA100:	1.917
MAexp7:	1.472
MAexp20:	1.482
MAexp50:	1.665
MAexp100:	1.937
Price / MA7:	+0.27%
Price / MA20:	+5.26%
Price / MA50:	-13.85%
Price / MA100:	-22.80%
Price / MAexp7:	+0.54%
Price / MAexp20:	-0.13%
Price / MAexp50:	-11.11%
Price / MAexp100:	-23.59%

Quotes : - 15 min delayed data - Euronext Paris

News

The last news published on ADVICENNE 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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