Londinia Opportunities Analyses - 05/08/2024 (GMT) LOTUS BAKERIES - 1H

- EUR (-)

- 15 min delayed data - Euronext Bruxelles

Type:	Stocks
Ticker:	LOTB
ISIN:	BE0003604155

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: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

28%

My opinion

Bullish above 9,360.0 EUR

My targets

9,656.7 EUR (+2.08%)

9,823.3 EUR (+3.84%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on LOTUS BAKERIES as long as the price remains well above 9,360.0 EUR. The buyers' bullish objective is set at 9,656.7 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 9,823.3 EUR. 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

8.4

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

The LOTUS BAKERIES rating is 9,460.0 EUR. The price registered an increase of +0.43% on the session and was traded between 9,360.0 EUR and 9,490.0 EUR over the period. The price is currently at +1.07% from its lowest and -0.32% from its highest.

9,360.0

9,490.0

9,460.0

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

The Central Records scanner for higher/lower results shows the following items:

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

Technical analysis of LOTUS BAKERIES in 1H shows a strongly overall 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 market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a strong bullish signal.
The Central Indicators scanner found no further results concerning independent technical indicators.

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

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

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	9,100.0	9,360.0	9,428.9	9,460.0
Change (%)	-3.81%	-1.06%	-0.33%	-
Change	-360.0	-100.0	-31.1	-
Level	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
Standard	9,183.3	9,246.7	9,333.3	9,396.7	9,483.3	9,546.7	9,633.3
Camarilla	9,378.8	9,392.5	9,406.3	9,420.0	9,433.8	9,447.5	9,461.3
Woodie	9,195.0	9,252.5	9,345.0	9,402.5	9,495.0	9,552.5	9,645.0
Fibonacci	9,246.7	9,304.0	9,339.4	9,396.7	9,454.0	9,489.4	9,546.7

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8,863.3	9,016.7	9,183.3	9,336.7	9,503.3	9,656.7	9,823.3
Camarilla	9,262.0	9,291.3	9,320.7	9,350.0	9,379.3	9,408.7	9,438.0
Woodie	8,870.0	9,020.0	9,190.0	9,340.0	9,510.0	9,660.0	9,830.0
Fibonacci	9,016.7	9,138.9	9,214.4	9,336.7	9,458.9	9,534.4	9,656.7

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8,033.3	8,336.7	8,883.3	9,186.7	9,733.3	10,036.7	10,583.3
Camarilla	9,196.3	9,274.2	9,352.1	9,430.0	9,507.9	9,585.8	9,663.8
Woodie	8,155.0	8,397.5	9,005.0	9,247.5	9,855.0	10,097.5	10,705.0
Fibonacci	8,336.7	8,661.4	8,862.0	9,186.7	9,511.4	9,712.0	10,036.7

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):	56.50
MACD (12,26,9):	22.4000
Directional Movement:	-0.8
AROON (14):	71.4
DEMA (21):	9,430.6
Parabolic SAR (0,02-0,02-0,2):	9,374.7
Elder Ray (13):	18.6
Super Trend (3,10):	9,334.8
Zig ZAG (10):	9,440.0
VORTEX (21):	1.0000
Stochastique (14,3,5):	72.20
TEMA (21):	9,453.1
Williams %R (14):	-16.70
Chande Momentum Oscillator (20):	80.0
Repulse (5,40,3):	0.2000
ROCnROLL:	1
TRIX (15,9):	0.0000
Courbe Coppock:	1.60

MA7:	9,378.6
MA20:	9,170.0
MA50:	8,954.8
MA100:	8,637.7
MAexp7:	9,437.9
MAexp20:	9,403.9
MAexp50:	9,372.2
MAexp100:	9,303.1
Price / MA7:	+0.87%
Price / MA20:	+3.16%
Price / MA50:	+5.64%
Price / MA100:	+9.52%
Price / MAexp7:	+0.23%
Price / MAexp20:	+0.60%
Price / MAexp50:	+0.94%
Price / MAexp100:	+1.69%

Quotes : - 15 min delayed data - Euronext Bruxelles

News

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