PROXIMUS

- EUR (-)

- 15 min delayed data - Euronext Bruxelles

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	PROX
ISIN:	BE0003810273

PROXIMUS - Daily - Technical analysis published on 06/27/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

11%

67%

22%

My opinion

Bearish under 7.307 EUR

My targets

6.622 EUR (-1.66%)

6.156 EUR (-8.58%)

My analysis

The bearish trend is currently very strong for PROXIMUS. As long as the price remains below the resistance at 7.307 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 6.622 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 6.156 EUR as an objective. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.

Force

7.9

Comment on the analysis

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.

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Additional analysis

Quotes

The PROXIMUS rating is 6.734 EUR. The price registered an increase of +0.06% on the session and was traded between 6.676 EUR and 6.784 EUR over the period. The price is currently at +0.87% from its lowest and -0.74% from its highest.

6.676

6.784

6.734

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

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

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

New LOW record (5 years)

Type : Bearish

Timeframe : Weekly

New LOW record (1 year)

Type : Bearish

Timeframe : Weekly

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this PROXIMUS chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

Technical indicators are bearish. There is still some doubt about the decline in the price.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : Daily

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

CCI indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

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

Near horizontal resistance

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	Price	R1	R2	R3
ProTrendLines	6.734	7.307	8.522	9.025
Change (%)	-	+8.51%	+26.55%	+34.02%
Change	-	+0.573	+1.788	+2.291
Level	-	Intermediate	Intermediate	Intermediate

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	6.558	6.642	6.686	6.770	6.814	6.898	6.942
Camarilla	6.695	6.707	6.718	6.730	6.742	6.754	6.765
Woodie	6.538	6.632	6.666	6.760	6.794	6.888	6.922
Fibonacci	6.642	6.691	6.721	6.770	6.819	6.849	6.898

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.427	6.623	6.735	6.931	7.043	7.239	7.351
Camarilla	6.763	6.792	6.820	6.848	6.876	6.905	6.933
Woodie	6.386	6.602	6.694	6.910	7.002	7.218	7.310
Fibonacci	6.623	6.740	6.813	6.931	7.048	7.121	7.239

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.156	6.622	6.942	7.408	7.728	8.194	8.514
Camarilla	7.046	7.118	7.190	7.262	7.334	7.406	7.478
Woodie	6.083	6.586	6.869	7.372	7.655	8.158	8.441
Fibonacci	6.622	6.922	7.108	7.408	7.708	7.894	8.194

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):	24.79
MACD (12,26,9):	-0.1860
Directional Movement:	-18.942
AROON (14):	-100.000
DEMA (21):	6.863
Parabolic SAR (0,02-0,02-0,2):	7.158
Elder Ray (13):	-0.267
Super Trend (3,10):	7.153
Zig ZAG (10):	6.732
VORTEX (21):	0.8240
Stochastique (14,3,5):	3.98
TEMA (21):	6.803
Williams %R (14):	-92.77
Chande Momentum Oscillator (20):	-0.608
Repulse (5,40,3):	-2.4900
ROCnROLL:	2
TRIX (15,9):	-0.2860
Courbe Coppock:	12.26

MA7:	6.897
MA20:	7.153
MA50:	7.440
MA100:	7.755
MAexp7:	6.880
MAexp20:	7.096
MAexp50:	7.387
MAexp100:	7.765
Price / MA7:	-2.36%
Price / MA20:	-5.86%
Price / MA50:	-9.49%
Price / MA100:	-13.17%
Price / MAexp7:	-2.12%
Price / MAexp20:	-5.10%
Price / MAexp50:	-8.84%
Price / MAexp100:	-13.28%

Quotes : - 15 min delayed data - Euronext Bruxelles

News

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

This member declared not having a position on this financial instrument or a related financial instrument.

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