Londinia Opportunities Analyses - 01/26/2023 (GMT) REDCARE PHARMACY INH. - 1H

REDCARE PHARMACY INH.
- EUR (-)
- 15 min delayed data - Germany Stocks
Type: Stocks
Ticker: RDC
ISIN: NL0012044747

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: Bullish
Underlying: Strongly bullish
Technical indicators
61%
17%
22%
My opinion
Bullish above 63.56 EUR
My targets
66.14 EUR (+2.54%)
68.31 EUR (+5.91%)
My analysis
The basic bullish trend is very strong on SHOP APOTHEKE EUROPE INH. but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 63.56 EUR. Crossing the first resistance at 66.14 EUR would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 68.31 EUR as an objective. Crossing it would then enable buyers to target 79.06 EUR. Caution, a return to below 63.56 EUR would be a sign of a consolidation phase in the short-term basic trend. 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 confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
6.8

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The SHOP APOTHEKE EUROPE INH. price is 64.50 EUR. The price has increased by +2.54% since the last closing and was between 63.60 EUR and 65.24 EUR. This implies that the price is at +1.42% from its lowest and at -1.13% from its highest.

63.60
65.24
64.50

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



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, which identifies the highest / lowest, has detected several elements:

Central Records

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 this 1H chart of SHOP APOTHEKE EUROPE INH. indicates that the overall trend is strongly bullish. The signals given by moving averages are 89.29% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 11 technical indicators on 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 47.93 52.46 60.98 64.50 64.71 68.31 79.06
Change (%) -25.69% -18.67% -5.46% - +0.33% +5.91% +22.57%
Change -16.57 -12.04 -3.52 - +0.21 +3.81 +14.56
Level Intermediate Major Intermediate - Minor Major Intermediate



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
Standard60.1361.2562.0763.1964.0165.1365.95
Camarilla62.3762.5462.7262.9063.0863.2663.43
Woodie59.9961.1861.9363.1263.8765.0665.81
Fibonacci61.2561.9962.4563.1963.9364.3965.13


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard57.4259.2061.7863.5666.1467.9270.50
Camarilla63.1663.5663.9664.3664.7665.1665.56
Woodie57.8259.4062.1863.7666.5468.1270.90
Fibonacci59.2060.8761.8963.5665.2366.2567.92


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard32.1736.9040.5045.2348.8353.5657.16
Camarilla41.8242.5843.3544.1144.8745.6446.40
Woodie31.6236.6239.9544.9548.2853.2856.61
Fibonacci36.9040.0842.0545.2348.4150.3853.56

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 56.90
MACD (12,26,9): 0.0100
Directional Movement: 5.61
AROON (14): -21.43
DEMA (21): 64.01
Parabolic SAR (0,02-0,02-0,2): 62.46
Elder Ray (13): 0.95
Super Trend (3,10): 65.56
Zig ZAG (10): 64.78
VORTEX (21): 0.9100
Stochastique (14,3,5): 69.56
TEMA (21): 63.90
Williams %R (14): -30.06
Chande Momentum Oscillator (20): -0.12
Repulse (5,40,3): 0.4900
ROCnROLL: 1
TRIX (15,9): -0.0200
Courbe Coppock: 1.76
MA7: 63.78
MA20: 58.28
MA50: 50.01
MA100: 46.99
MAexp7: 64.17
MAexp20: 64.01
MAexp50: 63.72
MAexp100: 61.92
Price / MA7: +1.13%
Price / MA20: +10.67%
Price / MA50: +28.97%
Price / MA100: +37.26%
Price / MAexp7: +0.51%
Price / MAexp20: +0.77%
Price / MAexp50: +1.22%
Price / MAexp100: +4.17%

Quotes : - 15 min delayed data - Actions Allemagne