Londinia Opportunities Analyses - 09/23/2022 (GMT) EBUSCO HOLDING - 1H

EBUSCO HOLDING
- EUR (-)
- 15 min delayed data - Euronext Amsterdam
Type: Stocks
Ticker: EBUS
ISIN: NL0015000CZ2

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 bearish
Underlying: Strongly bearish
Technical indicators
11%
61%
28%
My opinion
Bearish under 18.76 EUR
My targets
18.02 EUR (-2.05%)
16.16 EUR (-12.17%)
My analysis
The bearish trend is currently very strong for EBUSCO HOLDING. As long as the price remains below the resistance at 18.76 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 18.02 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 16.16 EUR as an objective. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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 bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7.7

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

EBUSCO HOLDING rating 18.40 EUR. On the day, this instrument lost -3.67% and was between 18.40 EUR and 19.37 EUR. This implies that the price is at 0% from its lowest and at -5.01% from its highest.

18.40
19.37
18.40

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.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



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

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 1H of this EBUSCO HOLDING chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a bearish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

Timeframe : 1 hour



There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Central Candlesticks

White hanging man / hammer

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S1
R1
R2
R3
Price


S1PriceR1R2R3
ProTrendLines 16.16 18.40 18.41 18.76 19.01
Change (%) -12.17% - +0.05% +1.96% +3.32%
Change -2.24 - +0.01 +0.36 +0.61
Level 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
Standard18.3318.5518.8219.0419.3119.5319.80
Camarilla18.9719.0119.0619.1019.1519.1919.24
Woodie18.3718.5618.8619.0519.3519.5419.84
Fibonacci18.5518.7318.8519.0419.2219.3419.53


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard18.0218.6418.9719.5919.9220.5420.87
Camarilla19.0519.1419.2219.3119.4019.4819.57
Woodie17.8918.5718.8419.5219.7920.4720.74
Fibonacci18.6419.0019.2219.5919.9520.1720.54


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12.9915.8618.0220.8923.0525.9228.08
Camarilla18.8019.2619.7220.1820.6421.1021.56
Woodie12.6415.6817.6720.7122.7025.7427.73
Fibonacci15.8617.7818.9720.8922.8124.0025.92

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): 37.80
MACD (12,26,9): -0.1400
Directional Movement: -10.49
AROON (14): -35.71
DEMA (21): 18.82
Parabolic SAR (0,02-0,02-0,2): 19.31
Elder Ray (13): -0.43
Super Trend (3,10): 19.41
Zig ZAG (10): 18.52
VORTEX (21): 0.8700
Stochastique (14,3,5): 7.42
TEMA (21): 18.77
Williams %R (14): -92.39
Chande Momentum Oscillator (20): -0.51
Repulse (5,40,3): -1.1700
ROCnROLL: 2
TRIX (15,9): -0.0700
Courbe Coppock: 1.95
MA7: 19.21
MA20: 19.33
MA50: 20.68
MA100: 21.80
MAexp7: 18.80
MAexp20: 18.98
MAexp50: 19.16
MAexp100: 19.27
Price / MA7: -4.22%
Price / MA20: -4.81%
Price / MA50: -11.03%
Price / MA100: -15.60%
Price / MAexp7: -2.13%
Price / MAexp20: -3.06%
Price / MAexp50: -3.97%
Price / MAexp100: -4.51%

Quotes : - 15 min delayed data - Euronext Amsterdam