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 01/19/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
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Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

11%

My opinion

Bullish above 8.900 EUR

My targets

9.555 EUR (+3.88%)

10.856 EUR (+18.03%)

My analysis

The bullish trend is currently very strong on PROXIMUS. As long as the price remains above the support at 8.900 EUR, you could try to benefit from the boom. The first bullish objective is located at 9.555 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 10.856 EUR as an objective. Crossing it would then enable buyers to target 12.220 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

8.9

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.

This analysis was given by CKCMOA. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The PROXIMUS price is 9.198 EUR. The price registered a decrease of -0.67% on the session and was between 9.196 EUR and 9.296 EUR. This implies that the price is at +0.02% from its lowest and at -1.05% from its highest.

9.196

9.296

9.198

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

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:

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

A technical analysis in Daily of this PROXIMUS chart shows a strongly 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 16 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	7.768	8.048	8.900	9.198	10.856	12.220	13.857
Change (%)	-15.55%	-12.50%	-3.24%	-	+18.03%	+32.85%	+50.65%
Change	-1.430	-1.150	-0.298	-	+1.658	+3.022	+4.659
Level	Minor	Intermediate	Intermediate	-	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	8.953	9.039	9.149	9.235	9.345	9.431	9.541
Camarilla	9.206	9.224	9.242	9.260	9.278	9.296	9.314
Woodie	8.966	9.045	9.162	9.241	9.358	9.437	9.554
Fibonacci	9.039	9.114	9.160	9.235	9.310	9.356	9.431

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8.409	8.545	8.699	8.835	8.989	9.125	9.279
Camarilla	8.774	8.801	8.827	8.854	8.881	8.907	8.934
Woodie	8.419	8.550	8.709	8.840	8.999	9.130	9.289
Fibonacci	8.545	8.655	8.724	8.835	8.945	9.014	9.125

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	7.548	7.925	8.217	8.594	8.886	9.263	9.555
Camarilla	8.326	8.387	8.449	8.510	8.571	8.633	8.694
Woodie	7.507	7.904	8.176	8.573	8.845	9.242	9.514
Fibonacci	7.925	8.180	8.338	8.594	8.849	9.007	9.263

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):	69.38
MACD (12,26,9):	0.1930
Directional Movement:	22.028
AROON (14):	92.857
DEMA (21):	9.124
Parabolic SAR (0,02-0,02-0,2):	8.869
Elder Ray (13):	0.276
Super Trend (3,10):	8.778
Zig ZAG (10):	9.208
VORTEX (21):	1.1670
Stochastique (14,3,5):	92.88
TEMA (21):	9.150
Williams %R (14):	-15.04
Chande Momentum Oscillator (20):	0.466
Repulse (5,40,3):	0.7600
ROCnROLL:	1
TRIX (15,9):	0.2580
Courbe Coppock:	10.74

MA7:	9.039
MA20:	8.819
MA50:	8.529
MA100:	7.891
MAexp7:	9.089
MAexp20:	8.877
MAexp50:	8.509
MAexp100:	8.071
Price / MA7:	+1.76%
Price / MA20:	+4.30%
Price / MA50:	+7.84%
Price / MA100:	+16.56%
Price / MAexp7:	+1.20%
Price / MAexp20:	+3.62%
Price / MAexp50:	+8.10%
Price / MAexp100:	+13.96%

Quotes : - 15 min delayed data - Euronext Bruxelles

News

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

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

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