LHYFE - Daily - Technical analysis published on 01/25/2024 (GMT)
- 87
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
67%
22%
My opinion
Bearish under 5.100 EUR
My targets
4.343 EUR (-7.98%)
3.330 EUR (-29.45%)
My analysis
LHYFE is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 5.100 EUR. The next support located at 4.343 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 3.330 EUR. Below this support, sellers could then target 2.830 EUR. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
7.5
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 pierrott. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The LHYFE rating is 4.720 EUR. The price is lower by -0.84% since the last closing and was traded between 4.720 EUR and 4.830 EUR over the period. The price is currently at 0% from its lowest and -2.28% from its highest.4.720
4.830
4.720
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of LHYFE indicates that the overall trend is strongly bearish. 89.29% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
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 support of channel
Type : Bullish
Timeframe : Daily
Horizontal support is broken
Type : Bearish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 2.830 | 3.330 | 4.720 | 4.725 | 5.100 | 6.500 |
| Change (%) | -40.04% | -29.45% | - | +0.11% | +8.05% | +37.71% |
| Change | -1.890 | -1.390 | - | +0.005 | +0.380 | +1.780 |
| Level | Major | Minor | - | Intermediate | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.573 | 4.647 | 4.683 | 4.757 | 4.793 | 4.867 | 4.903 |
| Camarilla | 4.690 | 4.700 | 4.710 | 4.720 | 4.730 | 4.740 | 4.750 |
| Woodie | 4.555 | 4.638 | 4.665 | 4.748 | 4.775 | 4.858 | 4.885 |
| Fibonacci | 4.647 | 4.689 | 4.715 | 4.757 | 4.799 | 4.825 | 4.867 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.420 | 4.565 | 4.675 | 4.820 | 4.930 | 5.075 | 5.185 |
| Camarilla | 4.715 | 4.738 | 4.762 | 4.785 | 4.808 | 4.832 | 4.855 |
| Woodie | 4.403 | 4.556 | 4.658 | 4.811 | 4.913 | 5.066 | 5.168 |
| Fibonacci | 4.565 | 4.662 | 4.723 | 4.820 | 4.917 | 4.978 | 5.075 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.343 | 4.547 | 4.793 | 4.997 | 5.243 | 5.447 | 5.693 |
| Camarilla | 4.916 | 4.958 | 4.999 | 5.040 | 5.081 | 5.123 | 5.164 |
| Woodie | 4.365 | 4.558 | 4.815 | 5.008 | 5.265 | 5.458 | 5.715 |
| Fibonacci | 4.547 | 4.719 | 4.825 | 4.997 | 5.169 | 5.275 | 5.447 |
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): | 39.02 | |
| MACD (12,26,9): | -0.0520 | |
| Directional Movement: | -16.559 | |
| AROON (14): | -100.000 | |
| DEMA (21): | 4.794 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.001 | |
| Elder Ray (13): | -0.138 | |
| Super Trend (3,10): | 5.032 | |
| Zig ZAG (10): | 4.650 | |
| VORTEX (21): | 0.8610 | |
| Stochastique (14,3,5): | 14.29 | |
| TEMA (21): | 4.713 | |
| Williams %R (14): | -90.48 | |
| Chande Momentum Oscillator (20): | -0.315 | |
| Repulse (5,40,3): | -4.6650 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0530 | |
| Courbe Coppock: | 9.88 |
| MA7: | 4.748 | |
| MA20: | 4.896 | |
| MA50: | 4.890 | |
| MA100: | 4.913 | |
| MAexp7: | 4.754 | |
| MAexp20: | 4.841 | |
| MAexp50: | 4.872 | |
| MAexp100: | 5.102 | |
| Price / MA7: | -0.59% | |
| Price / MA20: | -3.59% | |
| Price / MA50: | -3.48% | |
| Price / MA100: | -3.93% | |
| Price / MAexp7: | -2.19% | |
| Price / MAexp20: | -3.95% | |
| Price / MAexp50: | -4.56% | |
| Price / MAexp100: | -8.86% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The latest news and videos published on LHYFE at the time of the analysis were as follows:
- Lhyfe and EDP Renewables signed a long-term contract for the supply of renewable electricity in Germany
- Lhyfe and Source Galileo join forces for green hydrogen production in the UK and Ireland
- Disclosure of the number of shares and the total number of voting rights as of 31 December 2023
- Half-year report on Lhyfe's liquidity contract as of 31 December 2023
- Lhyfe inaugurates one of France's two largest green and renewable hydrogen production sites in Brittany
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis LHYFE - Daily