AGFA-GEVAERT
AGFA-GEVAERT
- EUR (-)
- 15 min delayed data - Euronext Bruxelles
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: AGFB
ISIN: BE0003755692

AGFA-GEVAERT - 1H - Technical analysis published on 09/25/2024 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Bullish
Underlying: Bullish
Technical indicators
61%
17%
22%
My opinion
Bullish above 1.048 EUR
My targets
1.086 EUR (+1.50%)
1.125 EUR (+5.14%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on AGFA-GEVAERT as long as the price remains well above 1.048 EUR. The buyers' bullish objective is set at 1.086 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.125 EUR. If there is any crossing, the next objective would be the resistance located at 1.170 EUR. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.4

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.

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

Additional analysis

Quotes

The AGFA-GEVAERT rating is 1.070 EUR. The price has increased by +1.71% since the last closing and was traded between 1.060 EUR and 1.070 EUR over the period. The price is currently at +0.94% from its lowest and 0% from its highest.

1.060
1.070
1.070

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

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by AGFA-GEVAERT:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of AGFA-GEVAERT indicates that the overall trend is bullish. 75.00% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour



In fact, 11 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



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:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour



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


ProTrendLines
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
ProTrendLines 1.012 1.048 1.070 1.086 1.125 1.170
Change (%) -5.42% -2.06% - +1.50% +5.14% +9.35%
Change -0.058 -0.022 - +0.016 +0.055 +0.100
Level Major Minor - Major Minor Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.0361.0441.0481.0561.0601.0681.072
Camarilla1.0491.0501.0511.0521.0531.0541.055
Woodie1.0341.0431.0461.0551.0581.0671.070
Fibonacci1.0441.0491.0511.0561.0611.0631.068


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.0011.0251.0411.0651.0811.1051.121
Camarilla1.0471.0511.0541.0581.0621.0651.069
Woodie0.9981.0231.0381.0631.0781.1031.118
Fibonacci1.0251.0401.0491.0651.0801.0891.105


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.8230.9291.0291.1351.2351.3411.441
Camarilla1.0731.0921.1111.1301.1491.1681.187
Woodie0.8210.9281.0271.1341.2331.3401.439
Fibonacci0.9291.0071.0561.1351.2131.2621.341

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 55.63
MACD (12,26,9): -0.0020
Directional Movement: 22.854
AROON (14): 57.143
DEMA (21): 1.057
Parabolic SAR (0,02-0,02-0,2): 1.052
Elder Ray (13): 0.006
Super Trend (3,10): 1.069
Zig ZAG (10): 1.068
VORTEX (21): 0.8210
Stochastique (14,3,5): 61.11
TEMA (21): 1.056
Williams %R (14): 0.00
Chande Momentum Oscillator (20): 0.014
Repulse (5,40,3): 0.5720
ROCnROLL: 1
TRIX (15,9): -0.0450
Courbe Coppock: 0.43
MA7: 1.066
MA20: 1.066
MA50: 1.103
MA100: 1.138
MAexp7: 1.060
MAexp20: 1.060
MAexp50: 1.062
MAexp100: 1.063
Price / MA7: +0.38%
Price / MA20: +0.38%
Price / MA50: -2.99%
Price / MA100: -5.98%
Price / MAexp7: +0.94%
Price / MAexp20: +0.94%
Price / MAexp50: +0.75%
Price / MAexp100: +0.66%

Quotes : - 15 min delayed data - Euronext Bruxelles

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

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