Londinia Opportunities Analyses - 12/03/2021 (GMT) NAVYA - 1H

Type:	Stocks
Ticker:	NAVYA
ISIN:	FR0013018041

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

83%

11%

My opinion

Bullish above 2.080 EUR

My targets

2.149 EUR (+2.33%)

2.303 EUR (+9.68%)

My analysis

The bullish trend is currently very strong on NAVYA. As long as the price remains above the support at 2.080 EUR, you could try to benefit from the boom. The first bullish objective is located at 2.149 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 2.303 EUR as an objective. Crossing it would then enable buyers to target 2.401 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

8.6

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Additional analysis

Quotes

The NAVYA rating is 2.100 EUR. On the day, this instrument gained +5.42% and was between 1.990 EUR and 2.140 EUR. This implies that the price is at +5.53% from its lowest and at -1.87% from its highest.

1.990

2.140

2.100

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

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:

The Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of NAVYA indicates that the overall trend is strongly bullish. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 15 technical indicators on 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour

Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour

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 a result that can have an impact on the price change:

Near support of channel

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	1.972	2.003	2.080	2.100	2.149	2.401	2.710
Change (%)	-6.10%	-4.62%	-0.95%	-	+2.33%	+14.33%	+29.05%
Change	-0.128	-0.097	-0.020	-	+0.049	+0.301	+0.610
Level	Intermediate	Major	Minor	-	Major	Intermediate	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	1.777	1.875	1.933	2.031	2.089	2.187	2.245
Camarilla	1.949	1.963	1.978	1.992	2.006	2.021	2.035
Woodie	1.758	1.865	1.914	2.021	2.070	2.177	2.226
Fibonacci	1.875	1.934	1.971	2.031	2.090	2.127	2.187

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.332	1.553	1.707	1.928	2.082	2.303	2.457
Camarilla	1.757	1.791	1.826	1.860	1.894	1.929	1.963
Woodie	1.298	1.536	1.673	1.911	2.048	2.286	2.423
Fibonacci	1.553	1.697	1.785	1.928	2.072	2.160	2.303

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.328	1.535	1.737	1.944	2.146	2.353	2.555
Camarilla	1.828	1.865	1.903	1.940	1.978	2.015	2.053
Woodie	1.327	1.534	1.736	1.943	2.145	2.352	2.554
Fibonacci	1.535	1.691	1.787	1.944	2.100	2.196	2.353

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	62.94
MACD (12,26,9):	0.0200
Directional Movement:	17.756
AROON (14):	92.857
DEMA (21):	2.064
Parabolic SAR (0,02-0,02-0,2):	1.983
Elder Ray (13):	0.047
Super Trend (3,10):	1.927
Zig ZAG (10):	2.110
VORTEX (21):	1.0370
Stochastique (14,3,5):	64.81
TEMA (21):	2.069
Williams %R (14):	-10.71
Chande Momentum Oscillator (20):	0.042
Repulse (5,40,3):	3.2730
ROCnROLL:	1
TRIX (15,9):	0.1380
Courbe Coppock:	0.08

MA7:	1.997
MA20:	1.892
MA50:	1.828
MA100:	1.961
MAexp7:	2.062
MAexp20:	2.038
MAexp50:	1.999
MAexp100:	1.954
Price / MA7:	+5.16%
Price / MA20:	+10.99%
Price / MA50:	+14.88%
Price / MA100:	+7.09%
Price / MAexp7:	+1.84%
Price / MAexp20:	+3.04%
Price / MAexp50:	+5.05%
Price / MAexp100:	+7.47%

Quotes : - 15 min delayed data - Euronext Paris

News

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