AMPLIFON - Daily - Technical analysis published on 04/03/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
44%
17%
39%
My opinion
Bullish above 32.11 EUR
My targets
33.81 EUR (+2.30%)
35.70 EUR (+8.02%)
My analysis
The bullish trend is currently very strong on AMPLIFON. As long as the price remains above the support at 32.11 EUR, you could try to benefit from the boom. The first bullish objective is located at 33.81 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 35.70 EUR as an objective. Crossing it would then enable buyers to target 40.10 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, 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
7
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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 33.05 EUR. The price is lower by -0.63% since the last closing with the lowest point at 32.97 EUR and the highest point at 33.63 EUR. The deviation from the price is +0.24% for the low point and -1.72% for the high point.32.97
33.63
33.05
The Central Gaps scanner detects a bullish opening. A small advantage for buyers 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 (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of AMPLIFON in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, only 8 technical indicators out of 18 studied are currently positioned bullish. Other results related to technical indicators were also found by the Central Indicators scanner:
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Near support of channel
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 29.67 | 30.47 | 32.11 | 33.05 | 33.81 | 35.70 | 40.10 |
| Change (%) | -10.23% | -7.81% | -2.84% | - | +2.30% | +8.02% | +21.33% |
| Change | -3.38 | -2.58 | -0.94 | - | +0.76 | +2.65 | +7.05 |
| Level | Major | Intermediate | Major | - | Major | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 32.24 | 32.60 | 32.93 | 33.29 | 33.62 | 33.98 | 34.31 |
| Camarilla | 33.07 | 33.13 | 33.20 | 33.26 | 33.32 | 33.39 | 33.45 |
| Woodie | 32.23 | 32.59 | 32.92 | 33.28 | 33.61 | 33.97 | 34.30 |
| Fibonacci | 32.60 | 32.86 | 33.03 | 33.29 | 33.55 | 33.72 | 33.98 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 29.29 | 30.42 | 32.11 | 33.24 | 34.93 | 36.06 | 37.75 |
| Camarilla | 33.03 | 33.28 | 33.54 | 33.80 | 34.06 | 34.32 | 34.58 |
| Woodie | 29.57 | 30.56 | 32.39 | 33.38 | 35.21 | 36.20 | 38.03 |
| Fibonacci | 30.42 | 31.50 | 32.16 | 33.24 | 34.32 | 34.98 | 36.06 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 26.49 | 28.18 | 30.99 | 32.68 | 35.49 | 37.18 | 39.99 |
| Camarilla | 32.56 | 32.98 | 33.39 | 33.80 | 34.21 | 34.63 | 35.04 |
| Woodie | 27.05 | 28.46 | 31.55 | 32.96 | 36.05 | 37.46 | 40.55 |
| Fibonacci | 28.18 | 29.90 | 30.96 | 32.68 | 34.40 | 35.46 | 37.18 |
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): | 54.64 | |
| MACD (12,26,9): | 0.4800 | |
| Directional Movement: | 7.88 | |
| AROON (14): | 14.29 | |
| DEMA (21): | 33.39 | |
| Parabolic SAR (0,02-0,02-0,2): | 31.93 | |
| Elder Ray (13): | 0.28 | |
| Super Trend (3,10): | 31.03 | |
| Zig ZAG (10): | 33.08 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 68.37 | |
| TEMA (21): | 33.49 | |
| Williams %R (14): | -41.21 | |
| Chande Momentum Oscillator (20): | 0.13 | |
| Repulse (5,40,3): | -0.4700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2000 | |
| Courbe Coppock: | 3.82 |
| MA7: | 33.31 | |
| MA20: | 32.77 | |
| MA50: | 31.71 | |
| MA100: | 30.66 | |
| MAexp7: | 33.24 | |
| MAexp20: | 32.77 | |
| MAexp50: | 31.95 | |
| MAexp100: | 31.18 | |
| Price / MA7: | -0.78% | |
| Price / MA20: | +0.85% | |
| Price / MA50: | +4.23% | |
| Price / MA100: | +7.80% | |
| Price / MAexp7: | -0.57% | |
| Price / MAexp20: | +0.85% | |
| Price / MAexp50: | +3.44% | |
| Price / MAexp100: | +6.00% |
Quotes :
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15 min delayed data
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Italy Stocks
News
The latest news and videos published on AMPLIFON at the time of the analysis were 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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