EUROFINS SCIENT.

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	ERF
ISIN:	FR0014000MR3

EUROFINS SCIENT. - Daily - Technical analysis published on 03/12/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

67%

17%

My opinion

Bullish above 53.26 EUR

My targets

58.64 EUR (+1.81%)

62.58 EUR (+8.65%)

My analysis

The bullish trend is currently very strong on EUROFINS SCIENT.. As long as the price remains above the support at 53.26 EUR, you could try to benefit from the boom. The first bullish objective is located at 58.64 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 62.58 EUR as an objective. Crossing it would then enable buyers to target 70.25 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

Comment on the analysis

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.

This analysis was given by ppires. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The EUROFINS SCIENT. rating is 57.60 EUR. On the day, this instrument gained +0.91% and was between 57.06 EUR and 57.84 EUR. This implies that the price is at +0.95% from its lowest and at -0.41% from its highest.

57.06

57.84

57.60

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following results:

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 Daily chart of EUROFINS SCIENT. indicates that the overall trend is strongly bullish. The signals given by the moving averages are 85.71% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 12 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

MACD indicator is back over 0

Type : Bullish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near resistance of channel

Type : Bearish

Timeframe : Daily

Near resistance of triangle

Type : Bearish

Timeframe : Daily

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	51.47	53.26	56.91	57.60	58.64	62.58	70.25
Change (%)	-10.64%	-7.53%	-1.20%	-	+1.81%	+8.65%	+21.96%
Change	-6.13	-4.34	-0.69	-	+1.04	+4.98	+12.65
Level	Intermediate	Major	Intermediate	-	Major	Minor	Major

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	54.35	54.89	55.99	56.53	57.63	58.17	59.27
Camarilla	56.63	56.78	56.93	57.08	57.23	57.38	57.53
Woodie	54.62	55.03	56.26	56.67	57.90	58.31	59.54
Fibonacci	54.89	55.52	55.91	56.53	57.16	57.55	58.17

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	51.79	52.79	54.37	55.37	56.95	57.95	59.53
Camarilla	55.23	55.47	55.70	55.94	56.18	56.41	56.65
Woodie	52.07	52.94	54.65	55.52	57.23	58.10	59.81
Fibonacci	52.79	53.78	54.39	55.37	56.36	56.97	57.95

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	43.93	47.63	51.43	55.13	58.93	62.63	66.43
Camarilla	53.18	53.87	54.55	55.24	55.93	56.62	57.30
Woodie	43.99	47.66	51.49	55.16	58.99	62.66	66.49
Fibonacci	47.63	50.49	52.26	55.13	57.99	59.76	62.63

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):	59.71
MACD (12,26,9):	0.1400
Directional Movement:	2.41
AROON (14):	-7.14
DEMA (21):	56.16
Parabolic SAR (0,02-0,02-0,2):	51.32
Elder Ray (13):	1.33
Super Trend (3,10):	58.64
Zig ZAG (10):	57.64
VORTEX (21):	1.1000
Stochastique (14,3,5):	74.22
TEMA (21):	56.29
Williams %R (14):	-15.73
Chande Momentum Oscillator (20):	-0.38
Repulse (5,40,3):	4.0900
ROCnROLL:	1
TRIX (15,9):	0.0000
Courbe Coppock:	3.56

MA7:	55.86
MA20:	56.31
MA50:	56.07
MA100:	54.48
MAexp7:	56.34
MAexp20:	56.03
MAexp50:	55.82
MAexp100:	55.51
Price / MA7:	+3.11%
Price / MA20:	+2.29%
Price / MA50:	+2.73%
Price / MA100:	+5.73%
Price / MAexp7:	+2.24%
Price / MAexp20:	+2.80%
Price / MAexp50:	+3.19%
Price / MAexp100:	+3.77%

Quotes : - 15 min delayed data - Euronext Paris

News

The latest news and videos published on EUROFINS SCIENT. at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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