Londinia Opportunities Analyses - 06/09/2023 (GMT) AZIMUT - 1H
-
EUR
(-)
-
15 min delayed data - Italy Stocks
| Type: | Stocks |
| Ticker: | AZM |
| ISIN: | IT0003261697 |
- Europe Stocks
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 19.588 EUR
My targets
20.184 EUR (+1.68%)
21.220 EUR (+6.90%)
My analysis
AZIMUT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 19.588 EUR. The next resistance located at 20.184 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 21.220 EUR. After this resistance, buyers could then target 22.147 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
8.6
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
Additional analysis
Quotes
AZIMUT rating 19.850 EUR. On the day, this instrument gained +0.00% and was traded between 19.715 EUR and 19.850 EUR over the period. The price is currently at +0.68% from its lowest and 0% from its highest.19.715
19.850
19.850
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.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by AZIMUT:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of AZIMUT indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
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 : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 19.017 | 19.269 | 19.588 | 19.850 | 20.184 | 21.220 | 22.147 |
| Change (%) | -4.20% | -2.93% | -1.32% | - | +1.68% | +6.90% | +11.57% |
| Change | -0.833 | -0.581 | -0.262 | - | +0.334 | +1.370 | +2.297 |
| Level | Minor | Minor | Intermediate | - | Major | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19.325 | 19.430 | 19.640 | 19.745 | 19.955 | 20.060 | 20.270 |
| Camarilla | 19.763 | 19.792 | 19.821 | 19.850 | 19.879 | 19.908 | 19.937 |
| Woodie | 19.378 | 19.456 | 19.693 | 19.771 | 20.008 | 20.086 | 20.323 |
| Fibonacci | 19.430 | 19.550 | 19.625 | 19.745 | 19.865 | 19.940 | 20.060 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17.870 | 18.200 | 18.770 | 19.100 | 19.670 | 20.000 | 20.570 |
| Camarilla | 19.093 | 19.175 | 19.258 | 19.340 | 19.423 | 19.505 | 19.588 |
| Woodie | 17.990 | 18.260 | 18.890 | 19.160 | 19.790 | 20.060 | 20.690 |
| Fibonacci | 18.200 | 18.544 | 18.756 | 19.100 | 19.444 | 19.656 | 20.000 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 16.815 | 17.571 | 18.073 | 18.829 | 19.331 | 20.087 | 20.589 |
| Camarilla | 18.229 | 18.344 | 18.460 | 18.575 | 18.690 | 18.806 | 18.921 |
| Woodie | 16.688 | 17.508 | 17.946 | 18.766 | 19.204 | 20.024 | 20.462 |
| Fibonacci | 17.571 | 18.052 | 18.348 | 18.829 | 19.310 | 19.606 | 20.087 |
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): | 65.33 | |
| MACD (12,26,9): | 0.1050 | |
| Directional Movement: | 14.901 | |
| AROON (14): | 71.428 | |
| DEMA (21): | 19.827 | |
| Parabolic SAR (0,02-0,02-0,2): | 19.701 | |
| Elder Ray (13): | 0.033 | |
| Super Trend (3,10): | 19.556 | |
| Zig ZAG (10): | 19.805 | |
| VORTEX (21): | 1.1240 | |
| Stochastique (14,3,5): | 90.20 | |
| TEMA (21): | 19.839 | |
| Williams %R (14): | -13.24 | |
| Chande Momentum Oscillator (20): | 0.290 | |
| Repulse (5,40,3): | 0.8040 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0760 | |
| Courbe Coppock: | 2.55 |
| MA7: | 19.498 | |
| MA20: | 19.143 | |
| MA50: | 18.891 | |
| MA100: | 19.727 | |
| MAexp7: | 19.786 | |
| MAexp20: | 19.685 | |
| MAexp50: | 19.493 | |
| MAexp100: | 19.311 | |
| Price / MA7: | +1.81% | |
| Price / MA20: | +3.69% | |
| Price / MA50: | +5.08% | |
| Price / MA100: | +0.62% | |
| Price / MAexp7: | +0.32% | |
| Price / MAexp20: | +0.84% | |
| Price / MAexp50: | +1.83% | |
| Price / MAexp100: | +2.79% |
Quotes :
-
15 min delayed data
-
Actions Italie