Londinia Opportunities Analyses - 01/27/2023 (GMT) CEMENTIR HOLDING - 1H

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 : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 6.40 EUR
My targets
6.79 EUR (+3.98%)
6.84 EUR (+4.75%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CEMENTIR HOLDING as long as the price remains well above 6.40 EUR. The buyers' bullish objective is set at 6.79 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 6.84 EUR. If there is any crossing, the next objective would be the resistance located at 7.47 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.8

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Additional analysis

Quotes

The CEMENTIR HOLDING rating is 6.53 EUR. On the day, this instrument gained +0.77% and was between 6.53 EUR and 6.55 EUR. This implies that the price is at 0% from its lowest and at -0.31% from its highest.

6.53
6.55
6.53

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.

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 for higher/lower results shows the following items:

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


Technical analysis of CEMENTIR HOLDING in 1H shows a strongly overall 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.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 6.36 6.40 6.53 6.53 6.79 7.47 8.43
Change (%) -2.60% -1.99% 0% - +3.98% +14.40% +29.10%
Change -0.17 -0.13 0 - +0.26 +0.94 +1.90
Level Major Major Intermediate - Intermediate Minor 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
Standard6.246.306.396.456.546.606.69
Camarilla6.446.456.476.486.496.516.52
Woodie6.266.316.416.466.566.616.71
Fibonacci6.306.366.396.456.516.546.60


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 the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 58.14
MACD (12,26,9): 0.0200
Directional Movement: 7.99
AROON (14): 50.00
DEMA (21): 6.47
Parabolic SAR (0,02-0,02-0,2): 6.39
Elder Ray (13): 0.03
Super Trend (3,10): 6.35
Zig ZAG (10): 6.48
VORTEX (21): 1.0500
Stochastique (14,3,5): 84.44
TEMA (21): 6.49
Williams %R (14): -20.00
Chande Momentum Oscillator (20): 0.12
Repulse (5,40,3): 0.1900
ROCnROLL: 1
TRIX (15,9): 0.0300
Courbe Coppock: 2.54
MA7: 6.43
MA20: 6.34
MA50: 6.25
MA100: 5.97
MAexp7: 6.47
MAexp20: 6.44
MAexp50: 6.42
MAexp100: 6.39
Price / MA7: +1.56%
Price / MA20: +3.00%
Price / MA50: +4.48%
Price / MA100: +9.38%
Price / MAexp7: +0.93%
Price / MAexp20: +1.40%
Price / MAexp50: +1.71%
Price / MAexp100: +2.19%

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: