Londinia Opportunities Analyses - 01/19/2022 (GMT) SBM OFFSHORE - 1H
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EUR
(-)
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15 min delayed data - Euronext Amsterdam
Type: | Stocks |
Ticker: | SBMO |
ISIN: | NL0000360618 |
- Europe Stocks
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 13.976 EUR
My targets
14.657 EUR (+3.18%)
14.930 EUR (+5.10%)
My analysis
The basic bullish trend is very strong on SBM OFFSHORE but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 13.976 EUR. Crossing the first resistance at 14.657 EUR would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 14.930 EUR as an objective. Crossing it would then enable buyers to target 15.745 EUR. Caution, a return to below 13.976 EUR would be a sign of a consolidation phase in the short-term basic trend. 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
7.3
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
The SBM OFFSHORE price is 14.205 EUR. The price registered an increase of +1.57% on the session and was between 13.895 EUR and 14.220 EUR. This implies that the price is at +2.23% from its lowest and at -0.11% from its highest.13.895
14.220
14.205
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this SBM OFFSHORE chart shows a strongly bullish trend. The signals given by moving averages are 89.29% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. Other results related to technical indicators were also found by the Central Indicators scanner:
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
MACD indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 13.119 | 13.758 | 13.976 | 14.205 | 14.233 | 14.930 | 15.745 |
Change (%) | -7.65% | -3.15% | -1.61% | - | +0.20% | +5.10% | +10.84% |
Change | -1.086 | -0.447 | -0.229 | - | +0.028 | +0.725 | +1.540 |
Level | Major | Intermediate | Intermediate | - | Intermediate | Intermediate | 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 |
---|---|---|---|---|---|---|---|
Standard | 13.308 | 13.602 | 13.793 | 14.087 | 14.278 | 14.572 | 14.763 |
Camarilla | 13.852 | 13.896 | 13.941 | 13.985 | 14.030 | 14.074 | 14.118 |
Woodie | 13.258 | 13.576 | 13.743 | 14.061 | 14.228 | 14.546 | 14.713 |
Fibonacci | 13.602 | 13.787 | 13.901 | 14.087 | 14.272 | 14.386 | 14.572 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 12.968 | 13.257 | 13.668 | 13.957 | 14.368 | 14.657 | 15.068 |
Camarilla | 13.888 | 13.952 | 14.016 | 14.080 | 14.144 | 14.208 | 14.273 |
Woodie | 13.030 | 13.288 | 13.730 | 13.988 | 14.430 | 14.688 | 15.130 |
Fibonacci | 13.257 | 13.524 | 13.689 | 13.957 | 14.224 | 14.389 | 14.657 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 11.320 | 11.745 | 12.420 | 12.845 | 13.520 | 13.945 | 14.620 |
Camarilla | 12.793 | 12.893 | 12.994 | 13.095 | 13.196 | 13.297 | 13.398 |
Woodie | 11.445 | 11.808 | 12.545 | 12.908 | 13.645 | 14.008 | 14.745 |
Fibonacci | 11.745 | 12.165 | 12.425 | 12.845 | 13.265 | 13.525 | 13.945 |
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): | 55.97 | |
MACD (12,26,9): | 0.0020 | |
Directional Movement: | 2.318 | |
AROON (14): | -21.428 | |
DEMA (21): | 14.105 | |
Parabolic SAR (0,02-0,02-0,2): | 13.908 | |
Elder Ray (13): | 0.087 | |
Super Trend (3,10): | 14.272 | |
Zig ZAG (10): | 14.200 | |
VORTEX (21): | 0.9710 | |
Stochastique (14,3,5): | 53.95 | |
TEMA (21): | 14.077 | |
Williams %R (14): | -37.11 | |
Chande Momentum Oscillator (20): | 0.135 | |
Repulse (5,40,3): | 0.9500 | |
ROCnROLL: | 1 | |
TRIX (15,9): | -0.0060 | |
Courbe Coppock: | 2.21 |
MA7: | 14.107 | |
MA20: | 13.572 | |
MA50: | 13.184 | |
MA100: | 13.999 | |
MAexp7: | 14.112 | |
MAexp20: | 14.100 | |
MAexp50: | 14.042 | |
MAexp100: | 13.855 | |
Price / MA7: | +0.69% | |
Price / MA20: | +4.66% | |
Price / MA50: | +7.74% | |
Price / MA100: | +1.47% | |
Price / MAexp7: | +0.66% | |
Price / MAexp20: | +0.74% | |
Price / MAexp50: | +1.16% | |
Price / MAexp100: | +2.53% |
Quotes :
-
15 min delayed data
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Euronext Amsterdam
News
The last news published on SBM OFFSHORE at the time of the generation of this analysis was as follows:
- SBM Offshore nominates Øivind Tangen as member of the Management Board
- SBM Offshore completes US$620 million bridge loan for FPSO Alexandre de Gusmão
- SBM Offshore signs FPSO Alexandre de Gusmão contracts
- Conclusion of legacy issue in Switzerland
- SBM Offshore Awarded Contracts for Fourth FPSO in Guyana Based on its Fast4Ward® Program