2CRSI - Weekly - Technical analysis published on 05/20/2024 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 4.167 EUR
My targets
5.080 EUR (+8.66%)
5.127 EUR (+9.66%)
My analysis
The bullish trend is currently very strong on 2CRSI. As long as the price remains above the support at 4.167 EUR, you could try to benefit from the boom. The first bullish objective is located at 5.080 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 5.127 EUR as an objective. Crossing it would then enable buyers to target 6.548 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
7.5
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Additional analysis
Quotes
The 2CRSI price is 4.675 EUR. Over 5 days, this instrument lost -0.32% and has been traded over the last 5 days between 4.320 EUR and 4.780 EUR. This implies that the 5 day price is +8.22% from its lowest point and -2.20% from its highest point.4.320
4.780
4.675
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by 2CRSI:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Weekly chart of 2CRSI indicates that the overall trend is strongly bullish. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The technical indicators are bullish. There is still some doubt about the price increase.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Price is back over the pivot point
Type : Bullish
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 horizontal support
Type : Bullish
Timeframe : Weekly
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 2.685 | 3.553 | 4.624 | 4.675 | 5.080 | 6.548 |
| Change (%) | -42.57% | -24.00% | -1.09% | - | +8.66% | +40.06% |
| Change | -1.990 | -1.122 | -0.051 | - | +0.405 | +1.873 |
| Level | Intermediate | Major | Major | - | 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 | 4.110 | 4.265 | 4.470 | 4.625 | 4.830 | 4.985 | 5.190 |
| Camarilla | 4.576 | 4.609 | 4.642 | 4.675 | 4.708 | 4.741 | 4.774 |
| Woodie | 4.135 | 4.278 | 4.495 | 4.638 | 4.855 | 4.998 | 5.215 |
| Fibonacci | 4.265 | 4.403 | 4.488 | 4.625 | 4.763 | 4.848 | 4.985 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.695 | 4.000 | 4.190 | 4.495 | 4.685 | 4.990 | 5.180 |
| Camarilla | 4.244 | 4.289 | 4.335 | 4.380 | 4.425 | 4.471 | 4.516 |
| Woodie | 3.638 | 3.971 | 4.133 | 4.466 | 4.628 | 4.961 | 5.123 |
| Fibonacci | 4.000 | 4.189 | 4.306 | 4.495 | 4.684 | 4.801 | 4.990 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.247 | 2.773 | 3.207 | 3.733 | 4.167 | 4.693 | 5.127 |
| Camarilla | 3.376 | 3.464 | 3.552 | 3.640 | 3.728 | 3.816 | 3.904 |
| Woodie | 2.200 | 2.750 | 3.160 | 3.710 | 4.120 | 4.670 | 5.080 |
| Fibonacci | 2.773 | 3.140 | 3.367 | 3.733 | 4.100 | 4.327 | 4.693 |
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): | 65.13 | |
| MACD (12,26,9): | 0.5640 | |
| Directional Movement: | 18.218 | |
| AROON (14): | -64.286 | |
| DEMA (21): | 4.471 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.330 | |
| Elder Ray (13): | 0.593 | |
| Super Trend (3,10): | 2.757 | |
| Zig ZAG (10): | 4.675 | |
| VORTEX (21): | 1.1870 | |
| Stochastique (14,3,5): | 63.44 | |
| TEMA (21): | 4.661 | |
| Williams %R (14): | -26.08 | |
| Chande Momentum Oscillator (20): | 0.465 | |
| Repulse (5,40,3): | 10.9490 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 3.4090 | |
| Courbe Coppock: | 64.51 |
| MA7: | 4.551 | |
| MA20: | 4.083 | |
| MA50: | 4.052 | |
| MA100: | 3.604 | |
| MAexp7: | 4.238 | |
| MAexp20: | 3.711 | |
| MAexp50: | 2.964 | |
| MAexp100: | 2.826 | |
| Price / MA7: | +2.72% | |
| Price / MA20: | +14.50% | |
| Price / MA50: | +15.38% | |
| Price / MA100: | +29.72% | |
| Price / MAexp7: | +10.31% | |
| Price / MAexp20: | +25.98% | |
| Price / MAexp50: | +57.73% | |
| Price / MAexp100: | +65.43% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The latest news and videos published on 2CRSI at the time of the analysis were as follows:
- 2CRSi SA: Press Release Monthly information regarding the total number of voting rights and shares comprising the share capital as of April 30, 2024
- 2CRSi SA: Upward revision of financial targets for fiscal year 2023-2024
- 2CRSi SA: 2CRSi opens up to a market of over 300 million CAD for energy reuse.
- 2CRSi Opens Up to a Market of Over 300 Million CAD for Energy Reuse
- 2CRSi SA: Monthly information regarding the total number of voting rights and shares comprising the share capital as of March 30, 2024
This member declared not having a position on this financial instrument or a related financial instrument.
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