Londinia Opportunities Analyses - 05/03/2024 (GMT) CARMILA - 1H

- EUR (-)

- 15 min delayed data - Euronext Paris

Type:	Stocks
Ticker:	CARM
ISIN:	FR0010828137

Londinia

I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.

Europe Stocks
Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

17%

My opinion

Bullish above 15.84 EUR

My targets

16.72 EUR (+3.96%)

17.45 EUR (+8.52%)

My analysis

The bullish trend is currently very strong on CARMILA. As long as the price remains above the support at 15.84 EUR, you could try to benefit from the boom. The first bullish objective is located at 16.72 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 17.45 EUR as an objective. Crossing it would then enable buyers to target 24.51 EUR. 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.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

8.8

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Additional analysis

Quotes

CARMILA rating 16.08 EUR. On the day, this instrument gained +0.88% and was traded between 15.94 EUR and 16.18 EUR over the period. The price is currently at +0.88% from its lowest and -0.62% from its highest.

15.94

16.18

16.08

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

A study of price movements over other periods shows the following variations:

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

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this CARMILA chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Moving Average bullish crossovers : AMA20 & AMA50

Type : Bullish

Timeframe : 1 hour

In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Resistance of channel is broken

Type : Bullish

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	15.18	15.52	15.84	16.08	17.45	24.51	30.63
Change (%)	-5.60%	-3.48%	-1.49%	-	+8.52%	+52.43%	+90.49%
Change	-0.90	-0.56	-0.24	-	+1.37	+8.43	+14.55
Level	Major	Minor	Intermediate	-	Minor	Intermediate	Minor

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	15.23	15.41	15.67	15.85	16.11	16.29	16.55
Camarilla	15.82	15.86	15.90	15.94	15.98	16.02	16.06
Woodie	15.28	15.43	15.72	15.87	16.16	16.31	16.60
Fibonacci	15.41	15.58	15.68	15.85	16.02	16.12	16.29

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	14.44	14.73	15.20	15.49	15.96	16.25	16.72
Camarilla	15.45	15.52	15.59	15.66	15.73	15.80	15.87
Woodie	14.52	14.78	15.28	15.54	16.04	16.30	16.80
Fibonacci	14.73	15.02	15.20	15.49	15.78	15.96	16.25

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.57	14.04	14.90	15.37	16.23	16.70	17.56
Camarilla	15.39	15.52	15.64	15.76	15.88	16.00	16.13
Woodie	13.77	14.14	15.10	15.47	16.43	16.80	17.76
Fibonacci	14.04	14.55	14.86	15.37	15.88	16.19	16.70

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):	64.35
MACD (12,26,9):	0.0900
Directional Movement:	23.25
AROON (14):	50.00
DEMA (21):	15.99
Parabolic SAR (0,02-0,02-0,2):	15.94
Elder Ray (13):	0.06
Super Trend (3,10):	15.76
Zig ZAG (10):	16.02
VORTEX (21):	1.0200
Stochastique (14,3,5):	67.09
TEMA (21):	16.02
Williams %R (14):	-30.77
Chande Momentum Oscillator (20):	0.28
Repulse (5,40,3):	0.2300
ROCnROLL:	1
TRIX (15,9):	0.0700
Courbe Coppock:	3.65

MA7:	15.71
MA20:	15.22
MA50:	14.86
MA100:	14.75
MAexp7:	15.98
MAexp20:	15.88
MAexp50:	15.72
MAexp100:	15.51
Price / MA7:	+2.36%
Price / MA20:	+5.65%
Price / MA50:	+8.21%
Price / MA100:	+9.02%
Price / MAexp7:	+0.63%
Price / MAexp20:	+1.26%
Price / MAexp50:	+2.29%
Price / MAexp100:	+3.68%

Quotes : - 15 min delayed data - Euronext Paris

News

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