ENERTIME - 1H - Technical analysis published on 05/16/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 0.3922 EUR
My targets
0.4295 EUR (+7.38%)
0.4393 EUR (+9.83%)
My analysis
ENERTIME 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 0.3922 EUR. The next resistance located at 0.4295 EUR is the next bullish target 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 0.4393 EUR. After this resistance, buyers could then target 0.8324 EUR.
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
0
10
6.6
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This analysis was given by pierrott. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ENERTIME price is 0.4000 EUR. On the day, this instrument gained +6.67% and was between 0.3705 EUR and 0.4100 EUR. This implies that the price is at +7.96% from its lowest and at -2.44% from its highest.0.3705
0.4100
0.4000
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
Here is a more detailed summary of the historical variations registered by ENERTIME:
Technical
A technical analysis in 1H of this ENERTIME chart shows a bullish trend. 67.86% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Long white line
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.3230 | 0.3704 | 0.3991 | 0.4000 | 0.4296 | 0.8324 | 1.0579 |
| Change (%) | -19.25% | -7.40% | -0.23% | - | +7.40% | +108.10% | +164.48% |
| Change | -0.0770 | -0.0296 | -0.0009 | - | +0.0296 | +0.4324 | +0.6579 |
| Level | Minor | Intermediate | Minor | - | Major | Intermediate | 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 | 0.2683 | 0.2897 | 0.3323 | 0.3537 | 0.3963 | 0.4177 | 0.4603 |
| Camarilla | 0.3574 | 0.3633 | 0.3691 | 0.3750 | 0.3809 | 0.3867 | 0.3926 |
| Woodie | 0.2790 | 0.2950 | 0.3430 | 0.3590 | 0.4070 | 0.4230 | 0.4710 |
| Fibonacci | 0.2897 | 0.3141 | 0.3292 | 0.3537 | 0.3781 | 0.3932 | 0.4177 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.1858 | 0.2232 | 0.2703 | 0.3077 | 0.3548 | 0.3922 | 0.4393 |
| Camarilla | 0.2943 | 0.3020 | 0.3098 | 0.3175 | 0.3253 | 0.3330 | 0.3407 |
| Woodie | 0.1908 | 0.2256 | 0.2753 | 0.3101 | 0.3598 | 0.3946 | 0.4443 |
| Fibonacci | 0.2232 | 0.2555 | 0.2754 | 0.3077 | 0.3400 | 0.3599 | 0.3922 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.2200 | 0.2900 | 0.3595 | 0.4295 | 0.4990 | 0.5690 | 0.6385 |
| Camarilla | 0.3906 | 0.4034 | 0.4162 | 0.4290 | 0.4418 | 0.4546 | 0.4674 |
| Woodie | 0.2198 | 0.2899 | 0.3593 | 0.4294 | 0.4988 | 0.5689 | 0.6383 |
| Fibonacci | 0.2900 | 0.3433 | 0.3762 | 0.4295 | 0.4828 | 0.5157 | 0.5690 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 78.27 | |
| MACD (12,26,9): | 0.0136 | |
| Directional Movement: | 40.4822 | |
| AROON (14): | 100.0000 | |
| DEMA (21): | 0.3490 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.3131 | |
| Elder Ray (13): | 0.0474 | |
| Super Trend (3,10): | 0.3372 | |
| Zig ZAG (10): | 0.4095 | |
| VORTEX (21): | 1.1545 | |
| Stochastique (14,3,5): | 96.65 | |
| TEMA (21): | 0.3591 | |
| Williams %R (14): | -10.05 | |
| Chande Momentum Oscillator (20): | 0.0880 | |
| Repulse (5,40,3): | 17.1802 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2126 | |
| Courbe Coppock: | 20.33 |
| MA7: | 0.3369 | |
| MA20: | 0.3607 | |
| MA50: | 0.4125 | |
| MA100: | 0.5172 | |
| MAexp7: | 0.3545 | |
| MAexp20: | 0.3349 | |
| MAexp50: | 0.3268 | |
| MAexp100: | 0.3359 | |
| Price / MA7: | +18.73% | |
| Price / MA20: | +10.90% | |
| Price / MA50: | -3.03% | |
| Price / MA100: | -22.66% | |
| Price / MAexp7: | +12.83% | |
| Price / MAexp20: | +19.44% | |
| Price / MAexp50: | +22.40% | |
| Price / MAexp100: | +19.08% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The latest news and videos published on ENERTIME at the time of the analysis were as follows:
- ENERTIME PUBLISHES ITS FIRST-HALF 2023 RESULTS
- ENERTIME PARTICIPATES IN A NEW HORIZON EUROPE PROJECT TO SUPPLY AN ORC PRODUCING 1 MW OF CO2-FREE ELECTRICITY FOR HYDROGEN PRODUCTION IN A REFINERY IN GREECE
- Enertime relays information on the launch of the Decagone project
- ENERTIME SUBMITS A NEW APPLICATION TO ADEME FOR AN ORC PROJECT IN FRANCE AND UPDATES ON THE PROGRESS OF ITS STRATEGY
- ENERTIME COMMUNICATES ON THE PROJECTS SUBMITTED TO ADEME INDUSEE CALL FOR PROPOSALS OF OCTOBER 2020
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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