Londinia Opportunities Analyses - 10/03/2022 (GMT) AZELIS GROUP - 1H

- EUR (-)

- 15 min delayed data - Euronext Bruxelles

Type:	Stocks
Ticker:	AZE
ISIN:	BE0974400328

Londinia

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

89%

My opinion

Bullish above 22.49 EUR

My targets

23.64 EUR (+3.14%)

24.64 EUR (+7.50%)

My analysis

AZELIS GROUP is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 22.49 EUR. The next resistance located at 23.64 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 24.64 EUR. After this resistance, buyers could then target 26.07 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.8

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The AZELIS GROUP rating is 22.92 EUR. The price has increased by +0.53% since the last closing with the lowest point at 22.36 EUR and the highest point at 23.08 EUR. The deviation from the price is +2.50% for the low point and -0.69% for the high point.

22.36

23.08

22.92

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:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this AZELIS GROUP chart shows a strongly 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 scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a strong bullish signal.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.

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

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	21.37	22.18	22.49	22.92	23.64	24.64	26.07
Change (%)	-6.76%	-3.23%	-1.88%	-	+3.14%	+7.50%	+13.74%
Change	-1.55	-0.74	-0.43	-	+0.72	+1.72	+3.15
Level	Intermediate	Minor	Intermediate	-	Intermediate	Intermediate	Minor

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	20.61	21.11	21.95	22.45	23.29	23.79	24.63
Camarilla	22.43	22.55	22.68	22.80	22.92	23.05	23.17
Woodie	20.79	21.20	22.13	22.54	23.47	23.88	24.81
Fibonacci	21.11	21.62	21.94	22.45	22.96	23.28	23.79

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	20.31	20.87	21.83	22.39	23.35	23.91	24.87
Camarilla	22.38	22.52	22.66	22.80	22.94	23.08	23.22
Woodie	20.52	20.97	22.04	22.49	23.56	24.01	25.08
Fibonacci	20.87	21.45	21.81	22.39	22.97	23.33	23.91

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	16.28	17.64	20.22	21.58	24.16	25.52	28.10
Camarilla	21.72	22.08	22.44	22.80	23.16	23.52	23.88
Woodie	16.89	17.95	20.83	21.89	24.77	25.83	28.71
Fibonacci	17.64	19.15	20.08	21.58	23.09	24.02	25.52

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):	61.58
MACD (12,26,9):	0.2800
Directional Movement:	23.21
AROON (14):	64.29
DEMA (21):	22.75
Parabolic SAR (0,02-0,02-0,2):	22.10
Elder Ray (13):	0.32
Super Trend (3,10):	22.09
Zig ZAG (10):	22.82
VORTEX (21):	1.1900
Stochastique (14,3,5):	86.89
TEMA (21):	22.92
Williams %R (14):	-22.22
Chande Momentum Oscillator (20):	0.76
Repulse (5,40,3):	-0.0300
ROCnROLL:	1
TRIX (15,9):	0.1300
Courbe Coppock:	8.50

MA7:	22.16
MA20:	21.13
MA50:	21.22
MA100:	21.67
MAexp7:	22.75
MAexp20:	22.42
MAexp50:	22.08
MAexp100:	21.70
Price / MA7:	+3.43%
Price / MA20:	+8.47%
Price / MA50:	+8.01%
Price / MA100:	+5.77%
Price / MAexp7:	+0.75%
Price / MAexp20:	+2.23%
Price / MAexp50:	+3.80%
Price / MAexp100:	+5.62%

Quotes : - 15 min delayed data - Euronext Bruxelles

News

The latest news and videos published on AZELIS GROUP at the time of the analysis were as follows: