AMPLIFON - 1H - Technical analysis published on 10/13/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bullish
Technical indicators
44%
11%
44%
My opinion
Bullish above 26.80 EUR
My targets
27.67 EUR (+0.51%)
28.22 EUR (+2.51%)
My analysis
The strong short-term increase for AMPLIFON reinforces the current slightly bullish trend. As long as the price remains above 26.80 EUR, you could take advantage of this bullish acceleration. The first bullish objective is located at 27.67 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 28.22 EUR as an objective. Crossing it would then enable buyers to target 29.65 EUR. A return to 26.80 EUR would be a sign of a possible correction of short-term bullish excesses. In this case, you could stay away while waiting for signals indicating a 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
3.4
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AMPLIFON rating 27.53 EUR. The price is lower by -0.40% since the last closing and was between 27.24 EUR and 27.57 EUR. This implies that the price is at +1.06% from its lowest and at -0.15% from its highest.27.24
27.57
27.53
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of AMPLIFON indicates that the overall trend is slightly bullish. Only 53.57% of the signals given by moving averages are bullish. This slightly bullish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 1 hour
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish engulfing lines
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 25.06 | 26.30 | 26.80 | 27.53 | 27.67 | 28.22 | 29.65 |
| Change (%) | -8.97% | -4.47% | -2.65% | - | +0.51% | +2.51% | +7.70% |
| Change | -2.47 | -1.23 | -0.73 | - | +0.14 | +0.69 | +2.12 |
| Level | Intermediate | Intermediate | Major | - | 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 | 26.91 | 27.07 | 27.36 | 27.52 | 27.81 | 27.97 | 28.26 |
| Camarilla | 27.52 | 27.56 | 27.60 | 27.64 | 27.68 | 27.72 | 27.76 |
| Woodie | 26.97 | 27.10 | 27.42 | 27.55 | 27.87 | 28.00 | 28.32 |
| Fibonacci | 27.07 | 27.25 | 27.35 | 27.52 | 27.70 | 27.80 | 27.97 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 24.83 | 25.77 | 26.51 | 27.45 | 28.19 | 29.13 | 29.87 |
| Camarilla | 26.80 | 26.95 | 27.11 | 27.26 | 27.41 | 27.57 | 27.72 |
| Woodie | 24.74 | 25.72 | 26.42 | 27.40 | 28.10 | 29.08 | 29.78 |
| Fibonacci | 25.77 | 26.41 | 26.81 | 27.45 | 28.09 | 28.49 | 29.13 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 21.55 | 23.93 | 26.02 | 28.40 | 30.49 | 32.87 | 34.96 |
| Camarilla | 26.89 | 27.30 | 27.71 | 28.12 | 28.53 | 28.94 | 29.35 |
| Woodie | 21.42 | 23.86 | 25.89 | 28.33 | 30.36 | 32.80 | 34.83 |
| Fibonacci | 23.93 | 25.63 | 26.69 | 28.40 | 30.10 | 31.16 | 32.87 |
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): | 56.16 | |
| MACD (12,26,9): | 0.1000 | |
| Directional Movement: | 2.49 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 27.53 | |
| Parabolic SAR (0,02-0,02-0,2): | 27.65 | |
| Elder Ray (13): | 0.03 | |
| Super Trend (3,10): | 27.05 | |
| Zig ZAG (10): | 27.52 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 58.10 | |
| TEMA (21): | 27.60 | |
| Williams %R (14): | -37.78 | |
| Chande Momentum Oscillator (20): | -0.07 | |
| Repulse (5,40,3): | 0.5100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0700 | |
| Courbe Coppock: | 1.72 |
| MA7: | 27.19 | |
| MA20: | 28.05 | |
| MA50: | 29.05 | |
| MA100: | 30.84 | |
| MAexp7: | 27.47 | |
| MAexp20: | 27.39 | |
| MAexp50: | 27.31 | |
| MAexp100: | 27.53 | |
| Price / MA7: | +1.25% | |
| Price / MA20: | -1.85% | |
| Price / MA50: | -5.23% | |
| Price / MA100: | -10.73% | |
| Price / MAexp7: | +0.22% | |
| Price / MAexp20: | +0.51% | |
| Price / MAexp50: | +0.81% | |
| Price / MAexp100: | -0% |
Quotes :
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15 min delayed data
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Italy Stocks
News
The last news published on AMPLIFON at the time of the generation of this analysis was as follows:
- Amplifon named to Newsweek’s list of the Top 100 Global Most Loved Workplaces for 2023
- World Hearing Day 2023: Amplifon Supports the World Health Organization’s Commitment to Early Diagnosis by Promoting Free Screening Tests
- Amplifon Americas Recognized as a ‘Top Employer’ in the U.S.
- New Research Shows Consumers Highly Value Broad Product Choice and Provider Expertise in Health Plan Hearing Benefits
- World Hearing Day 2022: Amplifon Joins “To Hear For Life, Listen With Care” Global WHO Campaign
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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