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. - 1H - Technical analysis published on 04/04/2024 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

11%

My opinion

Bullish above 60.30 EUR

My targets

62.58 EUR (+1.52%)

63.43 EUR (+2.91%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on EUROFINS SCIENT. as long as the price remains well above 60.30 EUR. The buyers' bullish objective is set at 62.58 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 63.43 EUR. If there is any crossing, the next objective would be the resistance located at 70.25 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

8.9

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 61.64 EUR. The price registered an increase of +1.95% on the session with the lowest point at 60.28 EUR and the highest point at 61.78 EUR. The deviation from the price is +2.26% for the low point and -0.23% for the high point.

60.28

61.78

61.64

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 Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of EUROFINS SCIENT. 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 scanner does not detect any result on moving averages that would impact this trend.

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

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

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	58.76	59.70	60.30	61.64	62.58	70.25	96.76
Change (%)	-4.67%	-3.15%	-2.17%	-	+1.52%	+13.97%	+56.98%
Change	-2.88	-1.94	-1.34	-	+0.94	+8.61	+35.12
Level	Minor	Minor	Minor	-	Intermediate	Major	Minor

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	59.10	59.38	59.92	60.20	60.74	61.02	61.56
Camarilla	60.24	60.31	60.39	60.46	60.54	60.61	60.69
Woodie	59.23	59.45	60.05	60.27	60.87	61.09	61.69
Fibonacci	59.38	59.69	59.89	60.20	60.51	60.71	61.02

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	53.65	54.75	56.91	58.01	60.17	61.27	63.43
Camarilla	58.18	58.48	58.78	59.08	59.38	59.68	59.98
Woodie	54.19	55.02	57.45	58.28	60.71	61.54	63.97
Fibonacci	54.75	55.99	56.76	58.01	59.25	60.02	61.27

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	50.25	52.03	55.55	57.33	60.85	62.63	66.15
Camarilla	57.62	58.11	58.59	59.08	59.57	60.05	60.54
Woodie	51.13	52.47	56.43	57.77	61.73	63.07	67.03
Fibonacci	52.03	54.05	55.30	57.33	59.35	60.60	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):	87.33
MACD (12,26,9):	0.7300
Directional Movement:	46.63
AROON (14):	92.86
DEMA (21):	60.92
Parabolic SAR (0,02-0,02-0,2):	59.75
Elder Ray (13):	1.09
Super Trend (3,10):	60.26
Zig ZAG (10):	61.66
VORTEX (21):	1.2600
Stochastique (14,3,5):	96.70
TEMA (21):	61.06
Williams %R (14):	-4.88
Chande Momentum Oscillator (20):	1.72
Repulse (5,40,3):	2.3300
ROCnROLL:	1
TRIX (15,9):	0.1700
Courbe Coppock:	3.82

MA7:	58.77
MA20:	57.17
MA50:	56.26
MA100:	55.84
MAexp7:	60.72
MAexp20:	59.95
MAexp50:	58.76
MAexp100:	57.84
Price / MA7:	+4.88%
Price / MA20:	+7.82%
Price / MA50:	+9.56%
Price / MA100:	+10.39%
Price / MAexp7:	+1.52%
Price / MAexp20:	+2.82%
Price / MAexp50:	+4.90%
Price / MAexp100:	+6.57%

Quotes : - 15 min delayed data - Euronext Paris

News

The last news published on EUROFINS SCIENT. at the time of the generation of this analysis was as follows:

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

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