RALLYE

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	RAL
ISIN:	FR0000060618

RALLYE - Daily - Technical analysis published on 05/08/2024 (GMT)

Timeframe : Daily
- Analysis generated on
Status : IN PROGRESS...

Summary of the analysis

Trends

Short term: Bearish

Underlying: Strongly bearish

Technical indicators

22%

39%

My opinion

Bearish under

My targets

()

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on RALLYE as long as the price remains well below . The next bearish objective for sellers is set at . A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at . 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 over sold items that could be a sign of a short-term correction.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

5.9

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

Additional analysis

Quotes

The RALLYE price is 0.0441 EUR. On the day, this instrument gained +2.56% and was traded between 0.0395 EUR and 0.0509 EUR over the period. The price is currently at +11.65% from its lowest and -13.36% from its highest.

0.0395

0.0509

0.0441

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

Technical analysis of RALLYE in Daily shows a overall strongly bearish trend. The signals given by moving averages are 89.29% bearish. This strongly bearish trend seems to be slowing down given the slightly bearish signals being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
The Central Indicators scanner found no further results concerning independent technical indicators.

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	0.0342	0.0441	0.1022	0.2032	0.3025
Change (%)	-22.45%	-	+131.75%	+360.77%	+585.94%
Change	-0.0099	-	+0.0581	+0.1591	+0.2584
Level	Major	-	Intermediate	Minor	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.0278	0.0339	0.0385	0.0446	0.0492	0.0553	0.0599
Camarilla	0.0401	0.0410	0.0420	0.0430	0.0440	0.0450	0.0459
Woodie	0.0270	0.0335	0.0377	0.0442	0.0484	0.0549	0.0591
Fibonacci	0.0339	0.0380	0.0406	0.0446	0.0487	0.0513	0.0553

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.0263	0.0332	0.0381	0.0450	0.0499	0.0568	0.0617
Camarilla	0.0398	0.0408	0.0419	0.0430	0.0441	0.0452	0.0463
Woodie	0.0253	0.0327	0.0371	0.0445	0.0489	0.0563	0.0607
Fibonacci	0.0332	0.0377	0.0405	0.0450	0.0495	0.0523	0.0568

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.0693	-0.0271	0.0305	0.0727	0.1303	0.1725	0.2301
Camarilla	0.0606	0.0697	0.0789	0.0880	0.0972	0.1063	0.1155
Woodie	-0.0617	-0.0233	0.0381	0.0766	0.1379	0.1764	0.2377
Fibonacci	-0.0271	0.0111	0.0346	0.0727	0.1109	0.1344	0.1725

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):	43.72
MACD (12,26,9):	-0.0025
Directional Movement:	5.7642
AROON (14):	-100.0000
DEMA (21):	0.0451
Parabolic SAR (0,02-0,02-0,2):	0.1082
Elder Ray (13):	-0.0033
Super Trend (3,10):	0.0244
Zig ZAG (10):	0.0441
VORTEX (21):	0.9510
Stochastique (14,3,5):	14.60
TEMA (21):	0.0502
Williams %R (14):	-76.41
Chande Momentum Oscillator (20):	-0.0069
Repulse (5,40,3):	-15.6864
ROCnROLL:	2
TRIX (15,9):	-0.6568
Courbe Coppock:	14.51

MA7:	0.0485
MA20:	0.0498
MA50:	0.0590
MA100:	0.0971
MAexp7:	0.0475
MAexp20:	0.0493
MAexp50:	0.0626
MAexp100:	0.1149
Price / MA7:	-9.07%
Price / MA20:	-11.45%
Price / MA50:	-25.25%
Price / MA100:	-54.58%
Price / MAexp7:	-7.16%
Price / MAexp20:	-10.55%
Price / MAexp50:	-29.55%
Price / MAexp100:	-61.62%

Quotes : - 15 min delayed data - Euronext Paris

News

The latest news and videos published on RALLYE 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.

About author

Londinia AI

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