Londinia Opportunities Analyses - 01/19/2022 (GMT) ARKEMA - 1H

ARKEMA
- EUR (-)
- 15 min delayed data - Euronext Paris
Type: Stocks
Ticker: AKE
ISIN: FR0010313833

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  • Europe Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
11%
11%
My opinion
Bullish above 133.10 EUR
My targets
135.88 EUR (+1.07%)
138.67 EUR (+3.14%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ARKEMA as long as the price remains well above 133.10 EUR. The buyers' bullish objective is set at 135.88 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 138.67 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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
8.2

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The ARKEMA rating is 134.45 EUR. On the day, this instrument gained +1.63% and was traded between 131.95 EUR and 134.50 EUR over the period. The price is currently at +1.89% from its lowest and -0.04% from its highest.

131.95
134.50
134.45

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 ARKEMA:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


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 ARKEMA in 1H 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 market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a strong bullish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 128.80 131.55 133.10 134.45 134.95
Change (%) -4.20% -2.16% -1.00% - +0.37%
Change -5.65 -2.90 -1.35 - +0.50
Level Minor Major Minor - Major



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
Standard128.58130.37131.33133.12134.08135.87136.83
Camarilla131.54131.80132.05132.30132.55132.80133.06
Woodie128.18130.16130.93132.91133.68135.66136.43
Fibonacci130.37131.42132.07133.12134.17134.82135.87


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard125.62127.18129.97131.53134.32135.88138.67
Camarilla131.55131.95132.35132.75133.15133.55133.95
Woodie126.23127.49130.58131.84134.93136.19139.28
Fibonacci127.18128.85129.87131.53133.20134.22135.88


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard109.68112.92118.38121.62127.08130.32135.78
Camarilla121.46122.26123.05123.85124.65125.45126.24
Woodie110.80113.48119.50122.18128.20130.88136.90
Fibonacci112.92116.24118.29121.62124.94126.99130.32

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): 59.52
MACD (12,26,9): 0.3700
Directional Movement: 10.98
AROON (14): -71.43
DEMA (21): 133.95
Parabolic SAR (0,02-0,02-0,2): 132.00
Elder Ray (13): 0.60
Super Trend (3,10): 134.40
Zig ZAG (10): 134.25
VORTEX (21): 1.0500
Stochastique (14,3,5): 76.56
TEMA (21): 133.81
Williams %R (14): -20.34
Chande Momentum Oscillator (20): 1.05
Repulse (5,40,3): 0.7500
ROCnROLL: 1
TRIX (15,9): 0.0400
Courbe Coppock: 0.68
MA7: 132.49
MA20: 127.79
MA50: 123.49
MA100: 119.13
MAexp7: 133.84
MAexp20: 133.41
MAexp50: 132.41
MAexp100: 130.54
Price / MA7: +1.48%
Price / MA20: +5.21%
Price / MA50: +8.88%
Price / MA100: +12.86%
Price / MAexp7: +0.46%
Price / MAexp20: +0.78%
Price / MAexp50: +1.54%
Price / MAexp100: +3.00%

Quotes : - 15 min delayed data - Euronext Paris