SAFE

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	ALSAF
ISIN:	FR001400F1V2

SAFE - Daily - Technical analysis published on 05/14/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

56%

11%

33%

My opinion

Bearish under 0.0009 EUR

My targets

0.0007 EUR (-16.25%)

0.0006 EUR (-25.00%)

My analysis

Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.0009 EUR remains possible. It is advisable to trade SAFE with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.0009 EUR. The next bearish objective for sellers is set at 0.0007 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.0006 EUR. In case of crossing, the next objective would be the support located at 0.0003 EUR. PS: if there is a bullish break in the resistance located at 0.0009 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.

Force

0.7

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.

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Additional analysis

Quotes

The SAFE rating is 0.0008 EUR. On the day, this instrument gained +100.00% and was traded between 0.0006 EUR and 0.0010 EUR over the period. The price is currently at +33.33% from its lowest and -20.00% from its highest.

0.0006

0.0010

0.0008

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

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

The Central Records scanner, which identifies the highest / lowest, has detected an element:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of this Daily chart of SAFE indicates that the overall trend is bearish. 67.86% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

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

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

The analysis of the price chart with Central Patterns scanners does not return any result.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	Price	R1	R2	R3
ProTrendLines	0.0008	0.0114	0.0410	0.0600
Change (%)	-	+1,325.00%	+5,025.00%	+7,400.00%
Change	-	+0.0106	+0.0402	+0.0592
Level	-	Intermediate	Major	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	0.0001	0.0003	0.0003	0.0005	0.0005	0.0007	0.0007
Camarilla	0.0004	0.0004	0.0004	0.0004	0.0004	0.0004	0.0005
Woodie	0.0001	0.0003	0.0003	0.0005	0.0005	0.0007	0.0007
Fibonacci	0.0003	0.0003	0.0004	0.0005	0.0005	0.0006	0.0007

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.0002	0.0000	0.0002	0.0004	0.0006	0.0008	0.0010
Camarilla	0.0003	0.0003	0.0004	0.0004	0.0004	0.0005	0.0005
Woodie	-0.0002	0.0000	0.0002	0.0004	0.0006	0.0008	0.0010
Fibonacci	0.0000	0.0002	0.0003	0.0004	0.0006	0.0007	0.0008

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.0003	0.0001	0.0003	0.0007	0.0009	0.0013	0.0015
Camarilla	0.0004	0.0005	0.0006	0.0006	0.0007	0.0007	0.0008
Woodie	-0.0003	0.0001	0.0003	0.0007	0.0009	0.0013	0.0015
Fibonacci	0.0001	0.0003	0.0004	0.0007	0.0009	0.0010	0.0013

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	55.81
MACD (12,26,9):	-0.0001
Directional Movement:	13.1304
AROON (14):	50.0000
DEMA (21):	0.0004
Parabolic SAR (0,02-0,02-0,2):	0.0002
Elder Ray (13):	0.0003
Super Trend (3,10):	0.0012
Zig ZAG (10):	0.0008
VORTEX (21):	0.9032
Stochastique (14,3,5):	47.22
TEMA (21):	0.0005
Williams %R (14):	-25.00
Chande Momentum Oscillator (20):	0.0002
Repulse (5,40,3):	-27.1338
ROCnROLL:	-1
TRIX (15,9):	-2.5532
Courbe Coppock:	60.88

MA7:	0.0005
MA20:	0.0006
MA50:	0.0008
MA100:	0.0030
MAexp7:	0.0005
MAexp20:	0.0006
MAexp50:	0.0014
MAexp100:	0.0086
Price / MA7:	+60.00%
Price / MA20:	+33.33%
Price / MA50:	-0%
Price / MA100:	-73.33%
Price / MAexp7:	+60.00%
Price / MAexp20:	+33.33%
Price / MAexp50:	-42.86%
Price / MAexp100:	-90.70%

Quotes : - 15 min delayed data - Euronext Paris

News

The latest news and videos published on SAFE 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.

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