Londinia Opportunities Analyses - 04/26/2024 (GMT) PROSUS - 1H

- EUR (-)

- 15 min delayed data - Euronext Amsterdam

Type:	Stocks
Ticker:	PRX
ISIN:	NL0013654783

Londinia

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

Europe Stocks
Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

72%

22%

My opinion

Bullish above 31.335 EUR

My targets

31.865 EUR (+0.90%)

33.240 EUR (+5.26%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on PROSUS as long as the price remains well above 31.335 EUR. The buyers' bullish objective is set at 31.865 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 33.240 EUR. If there is any crossing, the next objective would be the resistance located at 35.999 EUR. 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 overbought items that could be a sign of a possible short-term correction.

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

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.

Additional analysis

Quotes

PROSUS rating 31.580 EUR. The price registered an increase of +2.50% on the session and was between 31.375 EUR and 31.780 EUR. This implies that the price is at +0.65% from its lowest and at -0.63% from its highest.

31.375

31.780

31.580

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

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

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of PROSUS indicates that the overall trend is strongly bullish. The signals given by moving averages are 89.29% bullish. This strongly bullish trend seems to be running out of steam given the 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.

In fact, 13 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	30.423	30.955	31.335	31.580	31.865	33.240	35.999
Change (%)	-3.66%	-1.98%	-0.78%	-	+0.90%	+5.26%	+13.99%
Change	-1.157	-0.625	-0.245	-	+0.285	+1.660	+4.419
Level	Intermediate	Minor	Intermediate	-	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	29.858	30.227	30.518	30.887	31.178	31.547	31.838
Camarilla	30.629	30.689	30.750	30.810	30.871	30.931	30.992
Woodie	29.820	30.208	30.480	30.868	31.140	31.528	31.800
Fibonacci	30.227	30.479	30.635	30.887	31.139	31.295	31.547

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	26.287	27.183	27.862	28.758	29.437	30.333	31.012
Camarilla	28.107	28.251	28.396	28.540	28.684	28.829	28.973
Woodie	26.178	27.129	27.753	28.704	29.328	30.279	30.903
Fibonacci	27.183	27.785	28.157	28.758	29.360	29.732	30.333

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	23.230	24.475	26.775	28.020	30.320	31.565	33.865
Camarilla	28.100	28.425	28.750	29.075	29.400	29.725	30.050
Woodie	23.758	24.739	27.303	28.284	30.848	31.829	34.393
Fibonacci	24.475	25.829	26.666	28.020	29.374	30.211	31.565

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):	0.2370
Directional Movement:	21.565
AROON (14):	14.286
DEMA (21):	31.554
Parabolic SAR (0,02-0,02-0,2):	30.687
Elder Ray (13):	0.349
Super Trend (3,10):	30.932
Zig ZAG (10):	31.625
VORTEX (21):	0.8630
Stochastique (14,3,5):	87.34
TEMA (21):	31.452
Williams %R (14):	-16.46
Chande Momentum Oscillator (20):	0.535
Repulse (5,40,3):	-0.0770
ROCnROLL:	1
TRIX (15,9):	0.1050
Courbe Coppock:	0.32

MA7:	30.217
MA20:	29.655
MA50:	28.396
MA100:	28.297
MAexp7:	31.436
MAexp20:	31.221
MAexp50:	30.671
MAexp100:	30.120
Price / MA7:	+4.51%
Price / MA20:	+6.49%
Price / MA50:	+11.21%
Price / MA100:	+11.60%
Price / MAexp7:	+0.46%
Price / MAexp20:	+1.15%
Price / MAexp50:	+2.96%
Price / MAexp100:	+4.85%

Quotes : - 15 min delayed data - Euronext Amsterdam

News

The latest news and videos published on PROSUS at the time of the analysis were as follows: