Londinia Opportunities Analyses - 01/26/2023 (GMT) CEMENTIR HOLDING - Daily

CEMENTIR HOLDING
- EUR (-)
- 15 min delayed data - Italy Stocks
Type: Stocks
Ticker: CEM
ISIN: NL0013995087

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
  • Europe Stocks
  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 6.20 EUR
My targets
6.79 EUR (+4.62%)
7.47 EUR (+15.10%)
My analysis
The bullish trend is currently very strong on CEMENTIR HOLDING. As long as the price remains above the support at 6.20 EUR, you could try to benefit from the boom. The first bullish objective is located at 6.79 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 7.47 EUR as an objective. Crossing it would then enable buyers to target 8.43 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.

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
0
10
8.4

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Additional analysis

Quotes

The CEMENTIR HOLDING price is 6.49 EUR. The price registered an increase of +1.09% on the session with the lowest point at 6.36 EUR and the highest point at 6.51 EUR. The deviation from the price is +2.04% for the low point and -0.31% for the high point.

6.36
6.51
6.49

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by CEMENTIR HOLDING:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in Journalier of this CEMENTIR HOLDING 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 13 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily



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 : Daily


Near support of channel

Type : Bullish

Timeframe : Daily



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 5.99 6.20 6.40 6.49 6.53 6.79 7.47
Change (%) -7.70% -4.47% -1.39% - +0.62% +4.62% +15.10%
Change -0.50 -0.29 -0.09 - +0.04 +0.30 +0.98
Level Intermediate Major Major - Intermediate Intermediate Minor



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.286.326.376.416.466.506.55
Camarilla6.406.406.416.426.436.446.45
Woodie6.296.326.386.416.476.506.56
Fibonacci6.326.356.386.416.446.476.50


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.056.176.286.406.516.636.74
Camarilla6.326.346.366.386.406.426.44
Woodie6.046.176.276.406.506.636.73
Fibonacci6.176.266.326.406.496.556.63


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard5.435.665.906.136.376.606.84
Camarilla6.016.056.106.146.186.236.27
Woodie5.445.665.916.136.386.606.85
Fibonacci5.665.845.956.136.316.426.60

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): 61.88
MACD (12,26,9): 0.0700
Directional Movement: 9.23
AROON (14): 71.43
DEMA (21): 6.45
Parabolic SAR (0,02-0,02-0,2): 6.52
Elder Ray (13): 0.05
Super Trend (3,10): 6.09
Zig ZAG (10): 6.47
VORTEX (21): 1.0800
Stochastique (14,3,5): 70.19
TEMA (21): 6.47
Williams %R (14): -20.00
Chande Momentum Oscillator (20): 0.19
Repulse (5,40,3): 1.9300
ROCnROLL: 1
TRIX (15,9): 0.1600
Courbe Coppock: 6.05
MA7: 6.43
MA20: 6.34
MA50: 6.25
MA100: 5.97
MAexp7: 6.42
MAexp20: 6.35
MAexp50: 6.23
MAexp100: 6.16
Price / MA7: +0.93%
Price / MA20: +2.37%
Price / MA50: +3.84%
Price / MA100: +8.71%
Price / MAexp7: +1.09%
Price / MAexp20: +2.20%
Price / MAexp50: +4.17%
Price / MAexp100: +5.36%

Quotes : - 15 min delayed data - Actions Italie

News


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