Londinia Opportunities Analyses - 05/07/2024 (GMT) CHEMOURS COMPANY THE - 1H

- USD (-)

- 15 min delayed data - NYSE Stocks

Type:	Stocks
Ticker:	CC
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

89%

11%

My opinion

Bullish above 26.95 USD

My targets

27.80 USD (+1.87%)

28.19 USD (+3.30%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CHEMOURS COMPANY THE as long as the price remains well above 26.95 USD. The buyers' bullish objective is set at 27.80 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 28.19 USD. If there is any crossing, the next objective would be the resistance located at 28.67 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

8.9

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

CHEMOURS COMPANY THE rating 27.29 USD. The price is lower by -0.26% since the last closing and was between 27.16 USD and 27.60 USD. This implies that the price is at +0.48% from its lowest and at -1.12% from its highest.

27.16

27.60

27.29

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

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 Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of CHEMOURS COMPANY THE in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Moving Average bullish crossovers : MA20 & MA50

Type : Bullish

Timeframe : 1 hour

In fact, 16 technical indicators on 18 studied are currently bullish. The Central Indicators scanner found this result concerning these indicators:

Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour

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:

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Bullish harami

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	25.82	26.36	26.95	27.29	27.80	28.19	28.67
Change (%)	-5.39%	-3.41%	-1.25%	-	+1.87%	+3.30%	+5.06%
Change	-1.47	-0.93	-0.34	-	+0.51	+0.90	+1.38
Level	Major	Major	Minor	-	Major	Minor	Major

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	25.83	26.14	26.75	27.06	27.67	27.98	28.59
Camarilla	27.11	27.19	27.28	27.36	27.44	27.53	27.61
Woodie	25.98	26.22	26.90	27.14	27.82	28.06	28.74
Fibonacci	26.14	26.49	26.71	27.06	27.41	27.63	27.98

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	23.54	24.64	25.61	26.71	27.68	28.78	29.75
Camarilla	26.00	26.19	26.38	26.57	26.76	26.95	27.14
Woodie	23.47	24.61	25.54	26.68	27.61	28.75	29.68
Fibonacci	24.64	25.43	25.92	26.71	27.50	27.99	28.78

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	21.81	23.72	25.24	27.15	28.67	30.58	32.10
Camarilla	25.81	26.12	26.44	26.75	27.06	27.38	27.69
Woodie	21.61	23.62	25.04	27.05	28.47	30.48	31.90
Fibonacci	23.72	25.03	25.84	27.15	28.46	29.27	30.58

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):	56.03
MACD (12,26,9):	0.1200
Directional Movement:	9.47
AROON (14):	57.14
DEMA (21):	27.09
Parabolic SAR (0,02-0,02-0,2):	26.31
Elder Ray (13):	0.24
Super Trend (3,10):	27.59
Zig ZAG (10):	27.32
VORTEX (21):	1.1000
Stochastique (14,3,5):	76.40
TEMA (21):	27.21
Williams %R (14):	-23.48
Chande Momentum Oscillator (20):	0.11
Repulse (5,40,3):	0.2400
ROCnROLL:	1
TRIX (15,9):	0.0300
Courbe Coppock:	1.56

MA7:	26.83
MA20:	26.74
MA50:	26.46
MA100:	28.29
MAexp7:	27.15
MAexp20:	26.96
MAexp50:	26.88
MAexp100:	26.87
Price / MA7:	+1.71%
Price / MA20:	+2.06%
Price / MA50:	+3.14%
Price / MA100:	-3.53%
Price / MAexp7:	+0.52%
Price / MAexp20:	+1.22%
Price / MAexp50:	+1.53%
Price / MAexp100:	+1.56%

Quotes : - 15 min delayed data - Actions NYSE

News

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