AROUNDTOWN EO-.01 - Daily - Technical analysis published on 11/08/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 7.508 EUR
My targets
7.763 EUR (+1.42%)
7.860 EUR (+2.69%)
My analysis
AROUNDTOWN EO-.01 is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 7.508 EUR. The next resistance located at 7.763 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 7.860 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
8.2
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AROUNDTOWN EO-.01 rating 7.654 EUR. On the day, this instrument lost -0.62% with the lowest point at 7.652 EUR and the highest point at 7.734 EUR. The deviation from the price is +0.03% for the low point and -1.03% for the high point.7.652
7.734
7.654
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of AROUNDTOWN EO-.01 indicates that the overall trend is strongly bullish. 89.29% 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.
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish harami
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 7.084 | 7.384 | 7.508 | 7.654 | 7.763 | 7.860 |
| Change (%) | -7.45% | -3.53% | -1.91% | - | +1.42% | +2.69% |
| Change | -0.570 | -0.270 | -0.146 | - | +0.109 | +0.206 |
| Level | Major | Minor | Intermediate | - | Major | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.536 | 7.598 | 7.650 | 7.712 | 7.764 | 7.826 | 7.878 |
| Camarilla | 7.671 | 7.681 | 7.692 | 7.702 | 7.712 | 7.723 | 7.733 |
| Woodie | 7.531 | 7.596 | 7.645 | 7.710 | 7.759 | 7.824 | 7.873 |
| Fibonacci | 7.598 | 7.642 | 7.669 | 7.712 | 7.756 | 7.783 | 7.826 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.053 | 7.189 | 7.361 | 7.497 | 7.669 | 7.805 | 7.977 |
| Camarilla | 7.449 | 7.478 | 7.506 | 7.534 | 7.562 | 7.591 | 7.619 |
| Woodie | 7.072 | 7.198 | 7.380 | 7.506 | 7.688 | 7.814 | 7.996 |
| Fibonacci | 7.189 | 7.306 | 7.379 | 7.497 | 7.614 | 7.687 | 7.805 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.102 | 7.198 | 7.382 | 7.478 | 7.662 | 7.758 | 7.942 |
| Camarilla | 7.489 | 7.515 | 7.540 | 7.566 | 7.592 | 7.617 | 7.643 |
| Woodie | 7.146 | 7.220 | 7.426 | 7.500 | 7.706 | 7.780 | 7.986 |
| Fibonacci | 7.198 | 7.305 | 7.371 | 7.478 | 7.585 | 7.651 | 7.758 |
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): | 64.42 | |
| MACD (12,26,9): | 0.0870 | |
| Directional Movement: | 20.664 | |
| AROON (14): | 78.571 | |
| DEMA (21): | 7.633 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.434 | |
| Elder Ray (13): | 0.123 | |
| Super Trend (3,10): | 7.389 | |
| Zig ZAG (10): | 7.662 | |
| VORTEX (21): | 1.0920 | |
| Stochastique (14,3,5): | 84.30 | |
| TEMA (21): | 7.673 | |
| Williams %R (14): | -24.35 | |
| Chande Momentum Oscillator (20): | 0.270 | |
| Repulse (5,40,3): | -0.4140 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1290 | |
| Courbe Coppock: | 5.42 |
| MA7: | 7.632 | |
| MA20: | 7.503 | |
| MA50: | 7.351 | |
| MA100: | 7.360 | |
| MAexp7: | 7.634 | |
| MAexp20: | 7.527 | |
| MAexp50: | 7.426 | |
| MAexp100: | 7.394 | |
| Price / MA7: | +0.29% | |
| Price / MA20: | +2.01% | |
| Price / MA50: | +4.12% | |
| Price / MA100: | +3.99% | |
| Price / MAexp7: | +0.26% | |
| Price / MAexp20: | +1.69% | |
| Price / MAexp50: | +3.07% | |
| Price / MAexp100: | +3.52% |
News
The latest news and videos published on AROUNDTOWN EO-.01 at the time of the analysis were as follows:
- AROUNDTOWN AND TLG IMMOBILIEN AGREE ON ESSENTIAL NON-BINDING TERMS FOR THEIR POTENTIAL MERGER
- DGAP-News: AROUNDTOWN AND TLG IMMOBILIEN AGREE ON ESSENTIAL NON-BINDING TERMS FOR THEIR POTENTIAL MERGER
- Aroundtown SA and TLG Immobilien AG agree on essential non-binding terms for potential merger
- DGAP-Adhoc: Aroundtown SA and TLG Immobilien AG agree on essential non-binding terms for potential merger
- Aroundtown SA notification of a change in major holdings pursuant to the modified law and grand-ducal regulation of 11 January 2008 on transparency requirements for issuers of securities
This member declared not having a position on this financial instrument or a related financial instrument.
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