Londinia Opportunities Analyses - 04/24/2024 (GMT) ORIOR N - 1H

ORIOR N
- CHF (-)
- 15 min delayed data - Switzerland SWX Stocks
Type: Stocks
Ticker: ORON
ISIN: CH0111677362

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • Europe Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
67%
17%
17%
My opinion
Bullish above 63.6 CHF
My targets
64.8 CHF (+0.93%)
66.4 CHF (+3.43%)
My analysis
The basic bullish trend is very strong on ORIOR N but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 63.6 CHF. Crossing the first resistance at 64.8 CHF would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 66.4 CHF as an objective. Crossing it would then enable buyers to target 67.1 CHF. Caution, a return to below 63.6 CHF would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7

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Additional analysis

Quotes

The ORIOR N rating is 64.2 CHF. On the day, this instrument gained +1.58% with the lowest point at 63.0 CHF and the highest point at 64.3 CHF. The deviation from the price is +1.90% for the low point and -0.16% for the high point.

63.0
64.3
64.2

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.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of this 1H chart of ORIOR N indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The technical indicators are bullish. There is still some doubt about the price increase.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 61.6 63.1 63.6 64.2 64.8 66.4 67.1
Change (%) -4.05% -1.71% -0.93% - +0.93% +3.43% +4.52%
Change -2.6 -1.1 -0.6 - +0.6 +2.2 +2.9
Level Major Minor Minor - Intermediate Major Intermediate



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard60.561.762.463.664.365.566.2
Camarilla62.762.963.063.263.463.663.7
Woodie60.461.662.363.564.265.466.1
Fibonacci61.762.462.863.664.364.765.5


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard58.259.461.462.664.665.867.8
Camarilla62.662.963.263.563.864.164.4
Woodie58.759.661.962.865.166.068.3
Fibonacci59.460.661.362.663.864.565.8


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard56.058.662.665.269.271.875.8
Camarilla64.765.365.966.567.167.768.3
Woodie56.659.063.265.669.872.276.4
Fibonacci58.661.262.765.267.869.371.8

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): 59.80
MACD (12,26,9): 0.2000
Directional Movement: 22.1
AROON (14): -42.9
DEMA (21): 63.9
Parabolic SAR (0,02-0,02-0,2): 64.2
Elder Ray (13): 0.4
Super Trend (3,10): 64.3
Zig ZAG (10): 64.0
VORTEX (21): 1.0000
Stochastique (14,3,5): 61.20
TEMA (21): 63.8
Williams %R (14): -29.40
Chande Momentum Oscillator (20): -0.1
Repulse (5,40,3): 0.1000
ROCnROLL: 1
TRIX (15,9): 0.0000
Courbe Coppock: 1.20
MA7: 62.9
MA20: 63.7
MA50: 64.4
MA100: 67.7
MAexp7: 63.8
MAexp20: 63.6
MAexp50: 63.2
MAexp100: 63.1
Price / MA7: +2.07%
Price / MA20: +0.78%
Price / MA50: -0.31%
Price / MA100: -5.17%
Price / MAexp7: +0.63%
Price / MAexp20: +0.94%
Price / MAexp50: +1.58%
Price / MAexp100: +1.74%

Quotes : - 15 min delayed data - Actions Suisse SWX

News


Don't forget to follow the news on ORIOR N. At the time of publication of this analysis, the latest news was as follows: