EROLD

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	ALPLA
ISIN:	FR0010211037

EROLD - Daily - Technical analysis published on 10/27/2022 (GMT)

Londinia

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Timeframe : Daily
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EROLD Chart

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bullish

Technical indicators

61%

33%

My opinion

Bullish above 0.761 EUR

My targets

0.891 EUR (+9.50%)

0.971 EUR (+19.29%)

My analysis

EROLD is currently trying to strengthen its basic trend with a very bullish short term. As long as the price remains above 0.761 EUR, traders may consider taking advantage of this bullish acceleration and setting themselves to trade only long positions (at the time of purchase). Buyers will encounter the resistance at 0.891 EUR. A bullish break in this resistance would confirm a continuation of the bullish acceleration. The next resistance located at 0.971 EUR would then be the next bullish objective for buyers. Crossing it would then enable buyers to target 1.275 EUR. Beware of a possible return to under the support located at 0.761 EUR which would be the sign of a correction of the bullish excesses registered in the short term.

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

4.6

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 Londinia.

Additional analysis

Quotes

The EROLD price is 0.814 EUR. The price has increased by +39.38% since the last closing and was between 0.574 EUR and 0.814 EUR. This implies that the price is at +41.81% from its lowest and at 0% from its highest.

0.574

0.814

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of EROLD in Daily shows an overall slightly bullish trend. 60.71% of the signals given by moving averages are bullish. The overall trend could accelerate as strong bullish signals from short-term moving averages are expected. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near resistance of triangle

Type : Bearish

Timeframe : Daily

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of these bullish patterns in Japanese candlesticks:

White marubozu

Type : Bullish

Timeframe : Daily

Long white line

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.351	0.549	0.651	0.814	0.815	0.971	1.275
Change (%)	-56.88%	-32.56%	-20.02%	-	+0.12%	+19.29%	+56.63%
Change	-0.463	-0.265	-0.163	-	+0.001	+0.157	+0.461
Level	Intermediate	Intermediate	Minor	-	Major	Intermediate	Intermediate

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
Standard	0.507	0.523	0.553	0.569	0.599	0.615	0.645
Camarilla	0.571	0.576	0.580	0.584	0.588	0.592	0.597
Woodie	0.515	0.527	0.561	0.573	0.607	0.619	0.653
Fibonacci	0.523	0.540	0.551	0.569	0.586	0.597	0.615

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.487	0.511	0.553	0.577	0.619	0.643	0.685
Camarilla	0.578	0.584	0.590	0.596	0.602	0.608	0.614
Woodie	0.497	0.516	0.563	0.582	0.629	0.648	0.695
Fibonacci	0.511	0.536	0.552	0.577	0.602	0.618	0.643

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.301	0.431	0.531	0.661	0.761	0.891	0.991
Camarilla	0.567	0.588	0.609	0.630	0.651	0.672	0.693
Woodie	0.285	0.424	0.515	0.654	0.745	0.884	0.975
Fibonacci	0.431	0.519	0.574	0.661	0.749	0.804	0.891

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):	73.19
MACD (12,26,9):	-0.0050
Directional Movement:	26.567
AROON (14):	57.143
DEMA (21):	0.595
Parabolic SAR (0,02-0,02-0,2):	0.538
Elder Ray (13):	0.081
Super Trend (3,10):	0.562
Zig ZAG (10):	0.814
VORTEX (21):	0.8810
Stochastique (14,3,5):	61.62
TEMA (21):	0.621
Williams %R (14):	0.00
Chande Momentum Oscillator (20):	0.256
Repulse (5,40,3):	42.2000
ROCnROLL:	1
TRIX (15,9):	-0.6540
Courbe Coppock:	15.06

MA7:	0.615
MA20:	0.587
MA50:	0.672
MA100:	0.729
MAexp7:	0.635
MAexp20:	0.613
MAexp50:	0.658
MAexp100:	0.743
Price / MA7:	+32.36%
Price / MA20:	+38.67%
Price / MA50:	+21.13%
Price / MA100:	+11.66%
Price / MAexp7:	+28.19%
Price / MAexp20:	+32.79%
Price / MAexp50:	+23.71%
Price / MAexp100:	+9.56%

Quotes : - 15 min delayed data - Euronext Paris

News

The last news published on EROLD 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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