SOFINA
1.0786
EUR
(-0.03%)
03/26/2025 - 17:07
Open 15 min delayed data - Euronext Bruxelles
| Open: | 1.0789 |
| Change: | -0.0003 |
| Volume: | 106,958 |
| Low: | 1.0767 |
| High: | 1.0803 |
| High / Low range: | 0.0036 |
| Type: | Stocks |
| Ticker: | SOF |
| ISIN: | BE0003717312 |
SOFINA - Daily - Technical analysis published on 10/17/2019 (GMT)
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- 10/17/2019 - 15:33
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- Timeframe : Daily
- - Analysis generated on 10/17/2019 - 15:25
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
50%
6%
44%
My opinion
Bullish above 198.8 EUR
My targets
205.5 EUR (+0.98%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SOFINA as long as the price remains well above 198.8 EUR. The buyers” bullish objective is set at 205.5 EUR. A bullish break in this resistance would boost the bullish momentum. 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
0
10
7.5
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
SOFINA rating 203.5 EUR. The price registered an increase of +0.49% on the session with the lowest point at 202.5 EUR and the highest point at 204.0 EUR. The deviation from the price is +0.49% for the low point and -0.25% for the high point.202.5
204.0
203.5
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
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
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
Technical analysis of this Daily chart of SOFINA indicates that the overall trend is strongly bullish. 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, only 9 technical indicators out of 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 177.1 | 184.0 | 198.8 | 203.5 | 205.5 |
| Change (%) | -12.97% | -9.58% | -2.31% | - | +0.98% |
| Change | -26.4 | -19.5 | -4.7 | - | +2.0 |
| Level | Intermediate | Major | Intermediate | - | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 201.0 | 201.5 | 202.0 | 202.5 | 203.0 | 203.5 | 204.0 |
| Camarilla | 202.2 | 202.3 | 202.4 | 202.5 | 202.6 | 202.7 | 202.8 |
| Woodie | 201.0 | 201.5 | 202.0 | 202.5 | 203.0 | 203.5 | 204.0 |
| Fibonacci | 201.5 | 201.9 | 202.1 | 202.5 | 202.9 | 203.1 | 203.5 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 192.0 | 194.7 | 199.1 | 201.8 | 206.2 | 208.9 | 213.3 |
| Camarilla | 201.6 | 202.2 | 202.9 | 203.5 | 204.2 | 204.8 | 205.5 |
| Woodie | 192.9 | 195.1 | 200.0 | 202.2 | 207.1 | 209.3 | 214.2 |
| Fibonacci | 194.7 | 197.4 | 199.1 | 201.8 | 204.5 | 206.2 | 208.9 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 151.7 | 162.3 | 183.2 | 193.8 | 214.7 | 225.3 | 246.2 |
| Camarilla | 195.3 | 198.2 | 201.1 | 204.0 | 206.9 | 209.8 | 212.7 |
| Woodie | 156.8 | 164.9 | 188.3 | 196.4 | 219.8 | 227.9 | 251.3 |
| Fibonacci | 162.3 | 174.4 | 181.8 | 193.8 | 205.9 | 213.3 | 225.3 |
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): | 68.60 | |
| MACD (12,26,9): | 5.0000 | |
| Directional Movement: | 15.7 | |
| AROON (14): | -14.3 | |
| DEMA (21): | 205.7 | |
| Parabolic SAR (0,02-0,02-0,2): | 200.7 | |
| Elder Ray (13): | 2.3 | |
| Super Trend (3,10): | 194.3 | |
| Zig ZAG (10): | 203.5 | |
| VORTEX (21): | 1.2000 | |
| Stochastique (14,3,5): | 64.80 | |
| TEMA (21): | 205.8 | |
| Williams %R (14): | -37.00 | |
| Chande Momentum Oscillator (20): | -2.5 | |
| Repulse (5,40,3): | 0.1000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.5000 | |
| Courbe Coppock: | 4.90 |
| MA7: | 202.6 | |
| MA20: | 200.2 | |
| MA50: | 185.0 | |
| MA100: | 178.5 | |
| MAexp7: | 202.4 | |
| MAexp20: | 198.5 | |
| MAexp50: | 189.5 | |
| MAexp100: | 182.8 | |
| Price / MA7: | +0.44% | |
| Price / MA20: | +1.65% | |
| Price / MA50: | +10.00% | |
| Price / MA100: | +14.01% | |
| Price / MAexp7: | +0.54% | |
| Price / MAexp20: | +2.52% | |
| Price / MAexp50: | +7.39% | |
| Price / MAexp100: | +11.32% |
SofinaThis member declared not having a position on this financial instrument or a related financial instrument.
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