Londinia Opportunities Analyses - 04/25/2024 (GMT) LUFAX HOLDING LTD ADS - 1H

- USD (-)

- 15 min delayed data - NYSE Stocks

Type:	Stocks
Ticker:	LU
ISIN:

Londinia

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.

U.S. Stocks
Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

22%

My opinion

Bullish above 4.46 USD

My targets

4.84 USD (+6.14%)

4.92 USD (+7.89%)

My analysis

The bullish trend is currently very strong on LUFAX HOLDING LTD ADS. As long as the price remains above the support at 4.46 USD, you could try to benefit from the boom. The first bullish objective is located at 4.84 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 4.92 USD as an objective. Crossing it would then enable buyers to target 5.86 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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

8.6

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.

Additional analysis

Quotes

LUFAX HOLDING LTD ADS rating 4.56 USD. The price registered an increase of +0.22% on the session and was between 4.44 USD and 4.59 USD. This implies that the price is at +2.70% from its lowest and at -0.65% from its highest.

4.44

4.59

4.56

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

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 result:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this LUFAX HOLDING LTD ADS chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 14 technical indicators on 18 studied are currently bullish. The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near resistance of triangle

Type : Bearish

Timeframe : 1 hour

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	3.22	4.06	4.46	4.56	4.92	5.86	6.44
Change (%)	-29.39%	-10.96%	-2.19%	-	+7.89%	+28.51%	+41.23%
Change	-1.34	-0.50	-0.10	-	+0.36	+1.30	+1.88
Level	Minor	Major	Major	-	Intermediate	Minor	Minor

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	4.21	4.30	4.43	4.52	4.65	4.74	4.87
Camarilla	4.49	4.51	4.53	4.55	4.57	4.59	4.61
Woodie	4.22	4.31	4.44	4.53	4.66	4.75	4.88
Fibonacci	4.30	4.39	4.44	4.52	4.61	4.66	4.74

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3.73	3.86	4.10	4.23	4.47	4.60	4.84
Camarilla	4.24	4.27	4.31	4.34	4.37	4.41	4.44
Woodie	3.79	3.89	4.16	4.26	4.53	4.63	4.90
Fibonacci	3.86	4.00	4.09	4.23	4.37	4.46	4.60

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.42	1.46	2.84	3.88	5.26	6.30	7.68
Camarilla	3.56	3.78	4.00	4.22	4.44	4.66	4.89
Woodie	0.59	1.55	3.01	3.97	5.43	6.39	7.85
Fibonacci	1.46	2.38	2.96	3.88	4.80	5.38	6.30

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):	63.15
MACD (12,26,9):	0.0600
Directional Movement:	10.90
AROON (14):	14.29
DEMA (21):	4.55
Parabolic SAR (0,02-0,02-0,2):	4.25
Elder Ray (13):	0.06
Super Trend (3,10):	4.35
Zig ZAG (10):	4.56
VORTEX (21):	1.1000
Stochastique (14,3,5):	70.98
TEMA (21):	4.56
Williams %R (14):	-21.15
Chande Momentum Oscillator (20):	0.04
Repulse (5,40,3):	1.2200
ROCnROLL:	1
TRIX (15,9):	0.1900
Courbe Coppock:	6.83

MA7:	4.38
MA20:	4.32
MA50:	3.58
MA100:	3.18
MAexp7:	4.53
MAexp20:	4.46
MAexp50:	4.38
MAexp100:	4.28
Price / MA7:	+4.11%
Price / MA20:	+5.56%
Price / MA50:	+27.37%
Price / MA100:	+43.40%
Price / MAexp7:	+0.66%
Price / MAexp20:	+2.24%
Price / MAexp50:	+4.11%
Price / MAexp100:	+6.54%

Quotes : - 15 min delayed data - Actions NYSE