Londinia Opportunities Analyses - 11/29/2022 (GMT) DECEUNINCK - 1H

- EUR (-)

- 15 min delayed data - Euronext Bruxelles

Type:	Stocks
Ticker:	DECB
ISIN:	BE0003789063

Londinia

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 bullish

Underlying: Strongly bullish

Technical indicators

61%

22%

17%

My opinion

Bullish above 2.333 EUR

My targets

2.380 EUR (+1.06%)

2.454 EUR (+4.20%)

My analysis

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.

Force

7.3

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

DECEUNINCK 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.

2.310

2.375

2.355

Here is a more detailed summary of the historical variations registered by DECEUNINCK:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

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.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2.184	2.298	2.333	2.355	2.380	2.454	2.616
Change (%)	-7.26%	-2.42%	-0.93%	-	+1.06%	+4.20%	+11.08%
Change	-0.171	-0.057	-0.022	-	+0.025	+0.099	+0.261
Level	Minor	Major	Minor	-	Major	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	2.230	2.270	2.295	2.335	2.360	2.400	2.425
Camarilla	2.302	2.308	2.314	2.320	2.326	2.332	2.338
Woodie	2.223	2.266	2.288	2.331	2.353	2.396	2.418
Fibonacci	2.270	2.295	2.310	2.335	2.360	2.375	2.400

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.082	2.143	2.257	2.318	2.432	2.493	2.607
Camarilla	2.322	2.338	2.354	2.370	2.386	2.402	2.418
Woodie	2.108	2.156	2.283	2.331	2.458	2.506	2.633
Fibonacci	2.143	2.210	2.252	2.318	2.385	2.427	2.493

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.640	1.752	1.906	2.018	2.172	2.284	2.438
Camarilla	1.987	2.011	2.036	2.060	2.084	2.109	2.133
Woodie	1.661	1.763	1.927	2.029	2.193	2.295	2.459
Fibonacci	1.752	1.854	1.916	2.018	2.120	2.182	2.284

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):	56.96
MACD (12,26,9):	0.0040
Directional Movement:	14.057
AROON (14):	-21.428
DEMA (21):	2.343
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
VORTEX (21):	0.9280
Stochastique (14,3,5):	64.10
TEMA (21):	2.334
Williams %R (14):	-38.46
Chande Momentum Oscillator (20):	-0.020
Repulse (5,40,3):	-0.8690
ROCnROLL:	1
TRIX (15,9):	0.0170
Courbe Coppock:	0.69

MA7:	2.329
MA20:	2.202
MA50:	2.087
MA100:	2.222
MAexp7:	2.340
MAexp20:	2.337
MAexp50:	2.315
MAexp100:	2.267
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

News

The last news published on DECEUNINCK at the time of the generation of this analysis was as follows: