Londinia Opportunities Analyses - 02/01/2023 (GMT) PARROT - Daily
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EUR
(-)
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15 min delayed data - Euronext Paris
Type: | Stocks |
Ticker: | PARRO |
ISIN: | FR0004038263 |
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 4.756 EUR
My targets
5.150 EUR (+4.89%)
5.380 EUR (+9.57%)
My analysis
The bullish trend is currently very strong on PARROT. As long as the price remains above the support at 4.756 EUR, you could try to benefit from the boom. The first bullish objective is located at 5.150 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 5.380 EUR as an objective. Crossing it would then enable buyers to target 5.558 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
PARROT rating 4.910 EUR. The price registered an increase of +0.62% on the session with the lowest point at 4.745 EUR and the highest point at 4.910 EUR. The deviation from the price is +3.48% for the low point and 0% for the high point.4.745
4.910
4.910
Here is a more detailed summary of the historical variations registered by PARROT:
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 Journalier chart of PARROT indicates that the overall trend is strongly bullish. 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 market scanner is currently detecting a bullish signal that could impact this trend:
Bullish trend reversal : Moving Average 50
Type : Bullish
Timeframe : Daily
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near resistance of channel
Type : Bearish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 4.199 | 4.472 | 4.756 | 4.910 | 4.975 | 5.150 | 5.380 |
Change (%) | -14.48% | -8.92% | -3.14% | - | +1.32% | +4.89% | +9.57% |
Change | -0.711 | -0.438 | -0.154 | - | +0.065 | +0.240 | +0.470 |
Level | Major | Minor | Minor | - | Intermediate | Minor | 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 | 4.612 | 4.673 | 4.777 | 4.838 | 4.942 | 5.003 | 5.107 |
Camarilla | 4.835 | 4.850 | 4.865 | 4.880 | 4.895 | 4.910 | 4.925 |
Woodie | 4.633 | 4.684 | 4.798 | 4.849 | 4.963 | 5.014 | 5.128 |
Fibonacci | 4.673 | 4.736 | 4.775 | 4.838 | 4.901 | 4.940 | 5.003 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 4.033 | 4.267 | 4.533 | 4.767 | 5.033 | 5.267 | 5.533 |
Camarilla | 4.663 | 4.708 | 4.754 | 4.800 | 4.846 | 4.892 | 4.938 |
Woodie | 4.050 | 4.275 | 4.550 | 4.775 | 5.050 | 5.275 | 5.550 |
Fibonacci | 4.267 | 4.458 | 4.576 | 4.767 | 4.958 | 5.076 | 5.267 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 3.653 | 3.947 | 4.413 | 4.707 | 5.173 | 5.467 | 5.933 |
Camarilla | 4.671 | 4.741 | 4.810 | 4.880 | 4.950 | 5.019 | 5.089 |
Woodie | 3.740 | 3.990 | 4.500 | 4.750 | 5.260 | 5.510 | 6.020 |
Fibonacci | 3.947 | 4.237 | 4.416 | 4.707 | 4.997 | 5.176 | 5.467 |
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): | 59.30 | |
MACD (12,26,9): | 0.0890 | |
Directional Movement: | -3.674 | |
AROON (14): | 50.000 | |
DEMA (21): | 4.824 | |
Parabolic SAR (0,02-0,02-0,2): | 4.631 | |
Elder Ray (13): | 0.065 | |
Super Trend (3,10): | 4.318 | |
Zig ZAG (10): | 4.910 | |
VORTEX (21): | 1.0780 | |
Stochastique (14,3,5): | 71.60 | |
TEMA (21): | 4.862 | |
Williams %R (14): | -16.98 | |
Chande Momentum Oscillator (20): | 0.170 | |
Repulse (5,40,3): | 1.0710 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.2140 | |
Courbe Coppock: | 10.82 |
MA7: | 4.833 | |
MA20: | 4.687 | |
MA50: | 4.584 | |
MA100: | 4.340 | |
MAexp7: | 4.819 | |
MAexp20: | 4.715 | |
MAexp50: | 4.580 | |
MAexp100: | 4.455 | |
Price / MA7: | +1.59% | |
Price / MA20: | +4.76% | |
Price / MA50: | +7.11% | |
Price / MA100: | +13.13% | |
Price / MAexp7: | +1.89% | |
Price / MAexp20: | +4.14% | |
Price / MAexp50: | +7.21% | |
Price / MAexp100: | +10.21% |
Quotes :
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15 min delayed data
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Euronext Paris
News
The latest news and videos published on PARROT at the time of the analysis were as follows:
- PARROT: SALE OF A MINORITY INTEREST
- Parrot: 2022 First-Quarter Business
- Parrot ANAFI Ai, the first 4G connected robotic UAV is ready for work.
- AgEagle to Acquire senseFly from Parrot
- AgEagle to Acquire senseFly from Parrot