ARBONIA N - Daily - Technical analysis published on 02/14/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
17%
67%
17%
My opinion
Bearish under 11.98 CHF
My targets
11.00 CHF (-4.68%)
10.66 CHF (-7.63%)
My analysis
The bearish trend is currently very strong for ARBONIA N. As long as the price remains below the resistance at 11.98 CHF, you could try to take advantage of the bearish rally. The first bearish objective is located at 11.00 CHF. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 10.66 CHF as an objective. Crossing it would then enable sellers to target 10.42 CHF. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
FORCE
0
10
7
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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
ARBONIA N rating 11.54 CHF. The price registered a decrease of +1.05% on the session and was traded between 11.40 CHF and 11.62 CHF over the period. The price is currently at +1.23% from its lowest and -0.69% from its highest.11.40
11.62
11.54
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ARBONIA N:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of this Daily chart of ARBONIA N indicates that the overall trend is strongly bearish. The signals given by moving averages are 85.71% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Horizontal support is broken
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 10.66 | 11.00 | 11.40 | 11.54 | 11.65 | 11.98 | 12.56 |
| Change (%) | -7.63% | -4.68% | -1.21% | - | +0.95% | +3.81% | +8.84% |
| Change | -0.88 | -0.54 | -0.14 | - | +0.11 | +0.44 | +1.02 |
| Level | Minor | Minor | Intermediate | - | Minor | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.96 | 11.14 | 11.28 | 11.46 | 11.60 | 11.78 | 11.92 |
| Camarilla | 11.33 | 11.36 | 11.39 | 11.42 | 11.45 | 11.48 | 11.51 |
| Woodie | 10.94 | 11.13 | 11.26 | 11.45 | 11.58 | 11.77 | 11.90 |
| Fibonacci | 11.14 | 11.26 | 11.34 | 11.46 | 11.58 | 11.66 | 11.78 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.39 | 10.95 | 11.27 | 11.83 | 12.15 | 12.71 | 13.03 |
| Camarilla | 11.36 | 11.44 | 11.52 | 11.60 | 11.68 | 11.76 | 11.84 |
| Woodie | 10.28 | 10.89 | 11.16 | 11.77 | 12.04 | 12.65 | 12.92 |
| Fibonacci | 10.95 | 11.28 | 11.49 | 11.83 | 12.16 | 12.37 | 12.71 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.55 | 10.03 | 10.81 | 12.29 | 13.07 | 14.55 | 15.33 |
| Camarilla | 10.98 | 11.19 | 11.39 | 11.60 | 11.81 | 12.01 | 12.22 |
| Woodie | 8.21 | 9.86 | 10.47 | 12.12 | 12.73 | 14.38 | 14.99 |
| Fibonacci | 10.03 | 10.89 | 11.42 | 12.29 | 13.15 | 13.68 | 14.55 |
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): | 31.87 | |
| MACD (12,26,9): | -0.2900 | |
| Directional Movement: | -12.81 | |
| AROON (14): | -85.72 | |
| DEMA (21): | 11.57 | |
| Parabolic SAR (0,02-0,02-0,2): | 12.17 | |
| Elder Ray (13): | -0.27 | |
| Super Trend (3,10): | 12.43 | |
| Zig ZAG (10): | 11.38 | |
| VORTEX (21): | 0.8700 | |
| Stochastique (14,3,5): | 7.61 | |
| TEMA (21): | 11.35 | |
| Williams %R (14): | -95.65 | |
| Chande Momentum Oscillator (20): | -1.10 | |
| Repulse (5,40,3): | -4.1100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2500 | |
| Courbe Coppock: | 18.70 |
| MA7: | 11.55 | |
| MA20: | 12.15 | |
| MA50: | 12.31 | |
| MA100: | 12.26 | |
| MAexp7: | 11.56 | |
| MAexp20: | 11.91 | |
| MAexp50: | 12.17 | |
| MAexp100: | 12.15 | |
| Price / MA7: | -0.09% | |
| Price / MA20: | -5.02% | |
| Price / MA50: | -6.26% | |
| Price / MA100: | -5.87% | |
| Price / MAexp7: | -0.17% | |
| Price / MAexp20: | -3.11% | |
| Price / MAexp50: | -5.18% | |
| Price / MAexp100: | -5.02% |
News
The latest news and videos published on ARBONIA N at the time of the analysis were as follows:
ArboniaThis member declared not having a position on this financial instrument or a related financial instrument.
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