PROSUS

- EUR (-)

- 15 min delayed data - Euronext Amsterdam

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	PRX
ISIN:	NL0013654783

PROSUS - 1H - Technical analysis published on 04/26/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

67%

11%

22%

My opinion

Bullish above 31.335 EUR

My targets

31.865 EUR (+0.62%)

33.240 EUR (+4.96%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on PROSUS as long as the price remains well above 31.335 EUR. The buyers' bullish objective is set at 31.865 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 33.240 EUR. If there is any crossing, the next objective would be the resistance located at 35.999 EUR. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.

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

7.1

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 Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

PROSUS rating 31.670 EUR. The price registered an increase of +2.79% on the session and was between 31.375 EUR and 31.780 EUR. This implies that the price is at +0.94% from its lowest and at -0.35% from its highest.

31.375

31.780

31.670

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by PROSUS:

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

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

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 PROSUS in 1H shows a strongly overall bullish trend. The signals given by moving averages are 89.29% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : 1 hour

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

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 : 1 hour

Pivot points : price is over resistance 3

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 which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	30.423	30.955	31.335	31.670	31.865	33.240	35.999
Change (%)	-3.94%	-2.26%	-1.06%	-	+0.62%	+4.96%	+13.67%
Change	-1.247	-0.715	-0.335	-	+0.195	+1.570	+4.329
Level	Intermediate	Minor	Intermediate	-	Intermediate	Minor	Intermediate

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	29.858	30.227	30.518	30.887	31.178	31.547	31.838
Camarilla	30.629	30.689	30.750	30.810	30.871	30.931	30.992
Woodie	29.820	30.208	30.480	30.868	31.140	31.528	31.800
Fibonacci	30.227	30.479	30.635	30.887	31.139	31.295	31.547

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	26.287	27.183	27.862	28.758	29.437	30.333	31.012
Camarilla	28.107	28.251	28.396	28.540	28.684	28.829	28.973
Woodie	26.178	27.129	27.753	28.704	29.328	30.279	30.903
Fibonacci	27.183	27.785	28.157	28.758	29.360	29.732	30.333

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	23.230	24.475	26.775	28.020	30.320	31.565	33.865
Camarilla	28.100	28.425	28.750	29.075	29.400	29.725	30.050
Woodie	23.758	24.739	27.303	28.284	30.848	31.829	34.393
Fibonacci	24.475	25.829	26.666	28.020	29.374	30.211	31.565

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):	64.57
MACD (12,26,9):	0.2190
Directional Movement:	20.344
AROON (14):	14.285
DEMA (21):	31.493
Parabolic SAR (0,02-0,02-0,2):	30.665
Elder Ray (13):	0.327
Super Trend (3,10):	30.840
Zig ZAG (10):	31.645
VORTEX (21):	0.8770
Stochastique (14,3,5):	82.70
TEMA (21):	31.375
Williams %R (14):	-11.39
Chande Momentum Oscillator (20):	0.620
Repulse (5,40,3):	0.5620
ROCnROLL:	1
TRIX (15,9):	0.1070
Courbe Coppock:	0.45

MA7:	30.229
MA20:	29.657
MA50:	28.396
MA100:	28.297
MAexp7:	31.374
MAexp20:	31.170
MAexp50:	30.628
MAexp100:	30.088
Price / MA7:	+4.77%
Price / MA20:	+6.79%
Price / MA50:	+11.53%
Price / MA100:	+11.92%
Price / MAexp7:	+0.94%
Price / MAexp20:	+1.60%
Price / MAexp50:	+3.40%
Price / MAexp100:	+5.26%

Quotes : - 15 min delayed data - Euronext Amsterdam

News

The last news published on PROSUS 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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