Londinia Opportunities Analyses - 09/23/2021 (GMT) WDP - 1H

WDP
- EUR (-)
- 15 min delayed data - Euronext Bruxelles
Type: Stocks
Ticker: WDP
ISIN: BE0974349814

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • Europe Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 38.24 EUR
My targets
39.01 EUR (+1.01%)
39.38 EUR (+1.97%)
My analysis
The bullish trend is currently very strong on WDP. As long as the price remains above the support at 38.24 EUR, you could try to benefit from the boom. The first bullish objective is located at 39.01 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 39.38 EUR as an objective. 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
7.9

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The WDP rating is 38.62 EUR. The price registered an increase of +1.21% on the session with the lowest point at 38.18 EUR and the highest point at 38.68 EUR. The deviation from the price is +1.15% for the low point and -0.16% for the high point.

38.18
38.68
38.62

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by WDP:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of WDP 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 market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a moderate bullish signal.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 37.81 38.03 38.24 38.62 38.72 39.01 39.38
Change (%) -2.10% -1.53% -0.98% - +0.26% +1.01% +1.97%
Change -0.81 -0.59 -0.38 - +0.10 +0.39 +0.76
Level Minor Intermediate Minor - Intermediate Major Intermediate



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard37.3137.7137.9338.3338.5538.9539.17
Camarilla37.9938.0538.1038.1638.2238.2738.33
Woodie37.2337.6737.8538.2938.4738.9139.09
Fibonacci37.7137.9438.0938.3338.5638.7138.95


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard35.9736.6137.1737.8138.3739.0139.57
Camarilla37.3937.5037.6137.7237.8337.9438.05
Woodie35.9236.5937.1237.7938.3238.9939.52
Fibonacci36.6137.0737.3637.8138.2738.5639.01


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard33.8134.8936.9137.9940.0141.0943.11
Camarilla38.0938.3738.6638.9439.2239.5139.79
Woodie34.2935.1337.3938.2340.4941.3343.59
Fibonacci34.8936.0736.8037.9939.1739.9041.09

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): 60.73
MACD (12,26,9): 0.1400
Directional Movement: 13.41
AROON (14): -50.00
DEMA (21): 38.50
Parabolic SAR (0,02-0,02-0,2): 38.20
Elder Ray (13): 0.18
Super Trend (3,10): 37.99
Zig ZAG (10): 38.60
VORTEX (21): 1.2000
Stochastique (14,3,5): 70.97
TEMA (21): 38.52
Williams %R (14): -25.81
Chande Momentum Oscillator (20): -0.10
Repulse (5,40,3): 0.4000
ROCnROLL: 1
TRIX (15,9): 0.0600
Courbe Coppock: 0.10
MA7: 37.96
MA20: 38.23
MA50: 37.53
MA100: 34.76
MAexp7: 38.44
MAexp20: 38.31
MAexp50: 38.12
MAexp100: 38.08
Price / MA7: +1.74%
Price / MA20: +1.02%
Price / MA50: +2.90%
Price / MA100: +11.10%
Price / MAexp7: +0.47%
Price / MAexp20: +0.81%
Price / MAexp50: +1.31%
Price / MAexp100: +1.42%

Quotes : - 15 min delayed data - Euronext Bruxelles

News


Don't forget to follow the news on WDP. At the time of publication of this analysis, the latest news was as follows: