AMPLIFON - 1H - Technical analysis published on 12/20/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 30.89 EUR
My targets
32.15 EUR (+0.82%)
33.59 EUR (+5.33%)
My analysis
The bullish trend is currently very strong on AMPLIFON. As long as the price remains above the support at 30.89 EUR, you could try to benefit from the boom. The first bullish objective is located at 32.15 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 33.59 EUR as an objective. Crossing it would then enable buyers to target 35.70 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, 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
8.4
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Additional analysis
Quotes
The AMPLIFON rating is 31.89 EUR. The price registered an increase of +0.76% on the session with the lowest point at 31.39 EUR and the highest point at 31.92 EUR. The deviation from the price is +1.59% for the low point and -0.09% for the high point.31.39
31.92
31.89
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
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of AMPLIFON in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 29.15 | 29.65 | 30.89 | 31.89 | 32.15 | 33.59 | 35.70 |
| Change (%) | -8.59% | -7.02% | -3.14% | - | +0.82% | +5.33% | +11.95% |
| Change | -2.74 | -2.24 | -1.00 | - | +0.26 | +1.70 | +3.81 |
| Level | Minor | Major | Minor | - | Major | Minor | 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 | 30.42 | 30.78 | 31.22 | 31.58 | 32.02 | 32.38 | 32.82 |
| Camarilla | 31.43 | 31.50 | 31.58 | 31.65 | 31.72 | 31.80 | 31.87 |
| Woodie | 30.45 | 30.80 | 31.25 | 31.60 | 32.05 | 32.40 | 32.85 |
| Fibonacci | 30.78 | 31.09 | 31.28 | 31.58 | 31.89 | 32.08 | 32.38 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 25.27 | 26.67 | 29.18 | 30.58 | 33.09 | 34.49 | 37.00 |
| Camarilla | 30.61 | 30.96 | 31.32 | 31.68 | 32.04 | 32.40 | 32.76 |
| Woodie | 25.82 | 26.95 | 29.73 | 30.86 | 33.64 | 34.77 | 37.55 |
| Fibonacci | 26.67 | 28.17 | 29.09 | 30.58 | 32.08 | 33.00 | 34.49 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 23.59 | 24.82 | 26.68 | 27.91 | 29.77 | 31.00 | 32.86 |
| Camarilla | 27.68 | 27.96 | 28.25 | 28.53 | 28.81 | 29.10 | 29.38 |
| Woodie | 23.90 | 24.98 | 26.99 | 28.07 | 30.08 | 31.16 | 33.17 |
| Fibonacci | 24.82 | 26.00 | 26.73 | 27.91 | 29.09 | 29.82 | 31.00 |
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): | 61.60 | |
| MACD (12,26,9): | 0.1700 | |
| Directional Movement: | 12.65 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 31.81 | |
| Parabolic SAR (0,02-0,02-0,2): | 31.30 | |
| Elder Ray (13): | 0.15 | |
| Super Trend (3,10): | 31.13 | |
| Zig ZAG (10): | 31.82 | |
| VORTEX (21): | 1.1300 | |
| Stochastique (14,3,5): | 82.34 | |
| TEMA (21): | 31.72 | |
| Williams %R (14): | -16.25 | |
| Chande Momentum Oscillator (20): | 0.10 | |
| Repulse (5,40,3): | 0.3700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0800 | |
| Courbe Coppock: | 3.07 |
| MA7: | 31.12 | |
| MA20: | 29.22 | |
| MA50: | 28.07 | |
| MA100: | 28.62 | |
| MAexp7: | 31.71 | |
| MAexp20: | 31.57 | |
| MAexp50: | 31.04 | |
| MAexp100: | 30.22 | |
| Price / MA7: | +2.47% | |
| Price / MA20: | +9.14% | |
| Price / MA50: | +13.61% | |
| Price / MA100: | +11.43% | |
| Price / MAexp7: | +0.57% | |
| Price / MAexp20: | +1.01% | |
| Price / MAexp50: | +2.74% | |
| Price / MAexp100: | +5.53% |
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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