Londinia Opportunities Analyses - 09/15/2021 (GMT) OCI - 1H

- EUR (-)

- 15 min delayed data - Euronext Amsterdam

Type:	Stocks
Ticker:	OCI
ISIN:	NL0010558797

Londinia

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.

Europe Stocks
Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

22%

My opinion

Bullish above 21.29 EUR

My targets

21.78 EUR (+1.68%)

22.67 EUR (+5.84%)

My analysis

OCI 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 21.29 EUR. The next resistance located at 21.78 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 22.67 EUR. After this resistance, buyers could then target 26.50 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

8.2

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

OCI rating 21.42 EUR. The price registered an increase of +0.94% on the session with the lowest point at 21.18 EUR and the highest point at 21.52 EUR. The deviation from the price is +1.13% for the low point and -0.46% for the high point.

21.18

21.52

21.42

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

Technical analysis of OCI in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 13 technical indicators on 18 studied are currently positioned bullish. Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

Resistance of triangle is broken

Type : Bullish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	19.73	20.42	21.29	21.42	22.67	26.50	29.23
Change (%)	-7.89%	-4.67%	-0.61%	-	+5.84%	+23.72%	+36.46%
Change	-1.69	-1.00	-0.13	-	+1.25	+5.08	+7.81
Level	Minor	Intermediate	Intermediate	-	Major	Minor	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	20.91	21.01	21.11	21.21	21.31	21.41	21.51
Camarilla	21.17	21.18	21.20	21.22	21.24	21.26	21.28
Woodie	20.92	21.01	21.12	21.21	21.32	21.41	21.52
Fibonacci	21.01	21.08	21.13	21.21	21.28	21.33	21.41

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	19.74	20.08	20.42	20.76	21.10	21.44	21.78
Camarilla	20.57	20.64	20.70	20.76	20.82	20.89	20.95
Woodie	19.74	20.08	20.42	20.76	21.10	21.44	21.78
Fibonacci	20.08	20.34	20.50	20.76	21.02	21.18	21.44

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	14.73	16.47	18.57	20.31	22.41	24.15	26.25
Camarilla	19.60	19.96	20.31	20.66	21.01	21.36	21.72
Woodie	14.90	16.56	18.74	20.40	22.58	24.24	26.42
Fibonacci	16.47	17.94	18.85	20.31	21.78	22.69	24.15

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):	60.96
MACD (12,26,9):	0.1100
Directional Movement:	12.51
AROON (14):	78.57
DEMA (21):	21.33
Parabolic SAR (0,02-0,02-0,2):	21.22
Elder Ray (13):	0.04
Super Trend (3,10):	21.10
Zig ZAG (10):	21.36
VORTEX (21):	1.1000
Stochastique (14,3,5):	56.19
TEMA (21):	21.38
Williams %R (14):	-33.33
Chande Momentum Oscillator (20):	0.26
Repulse (5,40,3):	0.2800
ROCnROLL:	1
TRIX (15,9):	0.0800
Courbe Coppock:	2.58

MA7:	21.03
MA20:	20.32
MA50:	20.28
MA100:	20.83
MAexp7:	21.32
MAexp20:	21.18
MAexp50:	21.01
MAexp100:	20.77
Price / MA7:	+1.85%
Price / MA20:	+5.41%
Price / MA50:	+5.62%
Price / MA100:	+2.83%
Price / MAexp7:	+0.47%
Price / MAexp20:	+1.13%
Price / MAexp50:	+1.95%
Price / MAexp100:	+3.13%

Quotes : - 15 min delayed data - Euronext Amsterdam

News

The last news published on OCI at the time of the generation of this analysis was as follows: