SPINEGUARD
SPINEGUARD
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: ALSGD
ISIN: FR0011464452

SPINEGUARD - 1H - Technical analysis published on 01/29/2024 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 0.3163 EUR
My targets
0.3517 EUR (+9.90%)
0.3852 EUR (+20.38%)
My analysis
The bullish trend is currently very strong on SPINEGUARD. As long as the price remains above the support at 0.3163 EUR, you could try to benefit from the boom. The first bullish objective is located at 0.3517 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.3852 EUR as an objective. Crossing it would then enable buyers to target 0.6200 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.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.9

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:
Daily Weekly

Additional analysis

Quotes

SPINEGUARD rating 0.3200 EUR. The price has increased by +20.76% since the last closing and was traded between 0.2615 EUR and 0.3200 EUR over the period. The price is currently at +22.37% from its lowest and 0% from its highest.

0.2615
0.3200
0.3200

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


A technical analysis in 1H of this SPINEGUARD chart shows a strongly 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour



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

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.2648 0.2750 0.2980 0.3200 0.3852 0.6200 0.7340
Change (%) -17.25% -14.06% -6.88% - +20.38% +93.75% +129.38%
Change -0.0552 -0.0450 -0.0220 - +0.0652 +0.3000 +0.4140
Level Intermediate Minor Intermediate - Minor Intermediate 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
Standard0.19620.21630.24070.26080.28520.30530.3297
Camarilla0.25280.25680.26090.26500.26910.27320.2772
Woodie0.19830.21740.24280.26190.28730.30640.3318
Fibonacci0.21630.23330.24380.26080.27780.28830.3053


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.16870.19430.22970.25530.29070.31630.3517
Camarilla0.24820.25380.25940.26500.27060.27620.2818
Woodie0.17350.19680.23450.25780.29550.31880.3565
Fibonacci0.19430.21760.23200.25530.27860.29300.3163


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.07290.05850.12910.26050.33110.46250.5331
Camarilla0.14410.16260.18110.19960.21810.23660.2552
Woodie-0.10340.04330.09860.24530.30060.44730.5026
Fibonacci0.05850.13570.18340.26050.33770.38540.4625

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): 75.30
MACD (12,26,9): 0.0149
Directional Movement: 38.7326
AROON (14): 92.8571
DEMA (21): 0.2873
Parabolic SAR (0,02-0,02-0,2): 0.2638
Elder Ray (13): 0.0268
Super Trend (3,10): 0.2641
Zig ZAG (10): 0.3125
VORTEX (21): 1.1623
Stochastique (14,3,5): 90.81
TEMA (21): 0.2972
Williams %R (14): -1.80
Chande Momentum Oscillator (20): 0.0385
Repulse (5,40,3): 15.7026
ROCnROLL: 1
TRIX (15,9): 0.6540
Courbe Coppock: 29.54
MA7: 0.2494
MA20: 0.2329
MA50: 0.2199
MA100: 0.2621
MAexp7: 0.2900
MAexp20: 0.2694
MAexp50: 0.2517
MAexp100: 0.2401
Price / MA7: +28.31%
Price / MA20: +37.40%
Price / MA50: +45.52%
Price / MA100: +22.09%
Price / MAexp7: +10.34%
Price / MAexp20: +18.78%
Price / MAexp50: +27.14%
Price / MAexp100: +33.28%

Quotes : - 15 min delayed data - Euronext Paris

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

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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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