EXMAR
EXMAR
- EUR (-)
- 15 min delayed data - Euronext Bruxelles
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: EXM
ISIN: BE0003808251

EXMAR - 1H - Technical analysis published on 08/08/2022 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 6.67 EUR
My targets
10.26 EUR (+39.56%)
13.55 EUR (+84.29%)
My analysis
EXMAR is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 6.67 EUR. The next resistance located at 10.26 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 13.55 EUR. After this resistance, buyers could then target 16.51 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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
8.8

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 EXMAR price is 7.35 EUR. The price registered an increase of +31.96% on the session and was traded between 6.65 EUR and 7.99 EUR over the period. The price is currently at +10.53% from its lowest and -8.01% from its highest.

6.65
7.99
7.35

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead 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


A technical analysis in 1H of this EXMAR chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Central Indicators

Moving Average bullish crossovers : MA20 & MA50

Type : Bullish

Timeframe : 1 hour



In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 90

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

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



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bullish signals that could support the hypothesis of a small rebound in the very short term:

Central Candlesticks

White line without lower shadow

Type : Bullish

Timeframe : 1 hour


Long white line

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 5.62 5.79 6.18 7.35 10.26 13.55 16.51
Change (%) -23.54% -21.24% -15.97% - +39.56% +84.29% +124.67%
Change -1.73 -1.56 -1.17 - +2.91 +6.20 +9.16
Level Intermediate Minor Major - Major Minor Minor



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
Standard5.155.245.415.505.675.765.93
Camarilla5.505.525.555.575.595.625.64
Woodie5.185.265.445.525.705.785.96
Fibonacci5.245.345.405.505.605.665.76


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard5.075.195.385.505.695.816.00
Camarilla5.495.515.545.575.605.635.66
Woodie5.115.215.425.525.735.836.04
Fibonacci5.195.315.385.505.625.695.81


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.854.214.795.155.736.096.67
Camarilla5.125.215.295.385.475.555.64
Woodie3.974.274.915.215.856.156.79
Fibonacci4.214.574.795.155.515.736.09

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): 93.00
MACD (12,26,9): 0.1700
Directional Movement: 76.55
AROON (14): 50.00
DEMA (21): 5.79
Parabolic SAR (0,02-0,02-0,2): 5.40
Elder Ray (13): 1.59
Super Trend (3,10): 6.40
Zig ZAG (10): 7.33
VORTEX (21): 1.0300
Stochastique (14,3,5): 85.73
TEMA (21): 5.99
Williams %R (14): -22.18
Chande Momentum Oscillator (20): 1.96
Repulse (5,40,3): 9.0600
ROCnROLL: 1
TRIX (15,9): 0.1000
Courbe Coppock: 18.21
MA7: 5.71
MA20: 5.26
MA50: 5.28
MA100: 5.34
MAexp7: 5.98
MAexp20: 5.62
MAexp50: 5.48
MAexp100: 5.35
Price / MA7: +28.72%
Price / MA20: +39.73%
Price / MA50: +39.20%
Price / MA100: +37.64%
Price / MAexp7: +22.91%
Price / MAexp20: +30.78%
Price / MAexp50: +34.12%
Price / MAexp100: +37.38%

Quotes : - 15 min delayed data - Euronext Bruxelles

News


Don't forget to follow the news on EXMAR. 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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