RETAIL ESTATES
RETAIL ESTATES
- EUR (-)
- 15 min delayed data - Euronext Bruxelles
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: RET
ISIN: BE0003720340

RETAIL ESTATES - 1H - Technical analysis published on 05/28/2024 (GMT)

  • 94
  • 0
  • Timeframe : 1H
  • - Analysis generated on
  • Status : WITHOUT TARGET

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 68.5 EUR
My targets
-
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on RETAIL ESTATES as long as the price remains well above 68.5 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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
8.9

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 RETAIL ESTATES rating is 69.8 EUR. The price registered an increase of +4.81% on the session and was traded between 67.9 EUR and 70.2 EUR over the period. The price is currently at +2.80% from its lowest and -0.57% from its highest.

67.9
70.2
69.8

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

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 this 1H chart of RETAIL ESTATES indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly



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

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 63.1 64.3 66.3 69.8
Change (%) -9.60% -7.88% -5.01% -
Change -6.7 -5.5 -3.5 -
Level Intermediate Minor 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
Standard64.765.265.966.467.167.668.3
Camarilla66.366.466.566.666.766.866.9
Woodie64.865.366.066.567.267.768.4
Fibonacci65.265.765.966.466.967.167.6


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard62.563.464.565.466.567.468.5
Camarilla65.165.265.465.665.866.066.2
Woodie62.663.564.665.566.667.568.6
Fibonacci63.464.264.665.466.266.667.4


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard56.958.159.560.762.163.364.7
Camarilla60.360.560.861.061.261.561.7
Woodie57.158.259.760.862.363.464.9
Fibonacci58.159.159.760.761.762.363.3

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): 80.60
MACD (12,26,9): 0.9000
Directional Movement: 47.5
AROON (14): 85.8
DEMA (21): 68.0
Parabolic SAR (0,02-0,02-0,2): 65.5
Elder Ray (13): 2.3
Super Trend (3,10): 68.1
Zig ZAG (10): 69.8
VORTEX (21): 1.3000
Stochastique (14,3,5): 94.50
TEMA (21): 68.7
Williams %R (14): -8.30
Chande Momentum Oscillator (20): 4.2
Repulse (5,40,3): 0.7000
ROCnROLL: 1
TRIX (15,9): 0.1000
Courbe Coppock: 8.30
MA7: 66.2
MA20: 64.0
MA50: 61.6
MA100: 59.1
MAexp7: 68.4
MAexp20: 67.0
MAexp50: 66.1
MAexp100: 65.1
Price / MA7: +5.44%
Price / MA20: +9.06%
Price / MA50: +13.31%
Price / MA100: +18.10%
Price / MAexp7: +2.05%
Price / MAexp20: +4.18%
Price / MAexp50: +5.60%
Price / MAexp100: +7.22%

Quotes : - 15 min delayed data - Euronext Bruxelles

News


The latest news and videos published on RETAIL ESTATES 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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