Londinia Opportunities Analyses - 11/29/2022 (GMT) DECEUNINCK - 1H
- EUR (-)
- 15 min delayed data - Euronext Bruxelles
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
Short term: Strongly bullish
Underlying: Strongly bullish
Bullish above 2.333 EUR
2.380 EUR (+1.06%)
2.454 EUR (+4.20%)
The bullish trend is currently very strong on DECEUNINCK. As long as the price remains above the support at 2.333 EUR, you could try to benefit from the boom. The first bullish objective is located at 2.380 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 2.454 EUR as an objective. Crossing it would then enable buyers to target 2.616 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, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Analysis too old. There are no more charts available.
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QuotesDECEUNINCK rating 2.355 EUR. The price registered an increase of +1.51% on the session with the lowest point at 2.310 EUR and the highest point at 2.375 EUR. The deviation from the price is +1.95% for the low point and -0.84% for the high point.
Here is a more detailed summary of the historical variations registered by DECEUNINCK:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical analysis of this 1H chart of DECEUNINCK indicates that the overall trend is strongly bullish. 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 scanner does not detect any result on moving averages that would impact this trend.
On the 18 technical indicators analysed, 11 are bullish, 3 are neutral and 4 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
|Parabolic SAR (0,02-0,02-0,2):||2.311|
|Elder Ray (13):||0.017|
|Super Trend (3,10):||2.361|
|Zig ZAG (10):||2.350|
|Williams %R (14):||-38.46|
|Chande Momentum Oscillator (20):||-0.020|
|Price / MA7:||+1.12%|
|Price / MA20:||+6.95%|
|Price / MA50:||+12.84%|
|Price / MA100:||+5.99%|
|Price / MAexp7:||+0.64%|
|Price / MAexp20:||+0.77%|
|Price / MAexp50:||+1.73%|
|Price / MAexp100:||+3.88%|
Quotes : - 15 min delayed data - Euronext Bruxelles
The last news published on DECEUNINCK at the time of the generation of this analysis was as follows: