Londinia Opportunities Analyses - 04/30/2024 (GMT) ABC ARBITRAGE - 1H
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EUR
(-)
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15 min delayed data - Euronext Paris
| Type: | Stocks |
| Ticker: | ABCA |
| ISIN: | FR0004040608 |
- 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 3.996 EUR
My targets
4.190 EUR (+3.59%)
4.495 EUR (+11.12%)
My analysis
The bullish trend is currently very strong on ABC ARBITRAGE. As long as the price remains above the support at 3.996 EUR, you could try to benefit from the boom. The first bullish objective is located at 4.190 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 4.495 EUR as an objective. Crossing it would then enable buyers to target 4.797 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.
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
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Additional analysis
Quotes
The ABC ARBITRAGE price is 4.045 EUR. On the day, this instrument gained +1.13% and was between 4.040 EUR and 4.045 EUR. This implies that the price is at +0.12% from its lowest and at 0% from its highest.4.040
4.045
4.045
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
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:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of ABC ARBITRAGE in 1H shows a strongly overall bullish trend. 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 14 technical indicators on 18 studied are currently bullish. The Central Indicators scanner found no further results concerning independent technical indicators.
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:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
Near horizontal support
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
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.873 | 3.923 | 3.996 | 4.045 | 4.495 | 4.797 | 5.404 |
| Change (%) | -4.25% | -3.02% | -1.21% | - | +11.12% | +18.59% | +33.60% |
| Change | -0.172 | -0.122 | -0.049 | - | +0.450 | +0.752 | +1.359 |
| Level | Intermediate | Major | Intermediate | - | Intermediate | Intermediate | Major |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 3.923 | 3.947 | 3.973 | 3.997 | 4.023 | 4.047 | 4.073 |
| Camarilla | 3.986 | 3.991 | 3.995 | 4.000 | 4.005 | 4.009 | 4.014 |
| Woodie | 3.925 | 3.948 | 3.975 | 3.998 | 4.025 | 4.048 | 4.075 |
| Fibonacci | 3.947 | 3.966 | 3.978 | 3.997 | 4.016 | 4.028 | 4.047 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.728 | 3.795 | 3.882 | 3.949 | 4.036 | 4.103 | 4.190 |
| Camarilla | 3.928 | 3.942 | 3.956 | 3.970 | 3.984 | 3.998 | 4.012 |
| Woodie | 3.739 | 3.800 | 3.893 | 3.954 | 4.047 | 4.108 | 4.201 |
| Fibonacci | 3.795 | 3.854 | 3.890 | 3.949 | 4.008 | 4.044 | 4.103 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.036 | 3.292 | 3.514 | 3.770 | 3.992 | 4.248 | 4.470 |
| Camarilla | 3.604 | 3.647 | 3.691 | 3.735 | 3.779 | 3.823 | 3.867 |
| Woodie | 3.018 | 3.284 | 3.496 | 3.762 | 3.974 | 4.240 | 4.452 |
| Fibonacci | 3.292 | 3.475 | 3.588 | 3.770 | 3.953 | 4.066 | 4.248 |
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): | 59.15 | |
| MACD (12,26,9): | 0.0200 | |
| Directional Movement: | 14.877 | |
| AROON (14): | 85.714 | |
| DEMA (21): | 4.005 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.916 | |
| Elder Ray (13): | 0.019 | |
| Super Trend (3,10): | 3.942 | |
| Zig ZAG (10): | 4.000 | |
| VORTEX (21): | 1.1150 | |
| Stochastique (14,3,5): | 77.66 | |
| TEMA (21): | 4.014 | |
| Williams %R (14): | -28.57 | |
| Chande Momentum Oscillator (20): | 0.045 | |
| Repulse (5,40,3): | 0.0230 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0690 | |
| Courbe Coppock: | 2.45 |
| MA7: | 3.929 | |
| MA20: | 3.925 | |
| MA50: | 3.819 | |
| MA100: | 4.166 | |
| MAexp7: | 4.000 | |
| MAexp20: | 3.980 | |
| MAexp50: | 3.953 | |
| MAexp100: | 3.937 | |
| Price / MA7: | +2.95% | |
| Price / MA20: | +3.06% | |
| Price / MA50: | +5.92% | |
| Price / MA100: | -2.90% | |
| Price / MAexp7: | +1.13% | |
| Price / MAexp20: | +1.63% | |
| Price / MAexp50: | +2.33% | |
| Price / MAexp100: | +2.74% |
Quotes :
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15 min delayed data
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Euronext Paris
News
The latest news and videos published on ABC ARBITRAGE at the time of the analysis were as follows:
- ABC arbitrage: Release of the annual financial report as at December 31, 2023
- Half-year liquidity contract statement for ABC ARBITRAGE
- ABC arbitrage: First Semester Financial report (V2)
- ABC arbitrage : Release of the half-yearly financial report as at 30 June 2023
- ABC arbitrage: 2023 Interim Results