EXMAR

- EUR (-)

- 15 min delayed data - Euronext Bruxelles

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Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	EXM
ISIN:	BE0003808251

EXMAR - Daily - Technical analysis published on 11/13/2023 (GMT)

Timeframe : Daily
- Analysis generated on
Status : WITHOUT TARGET

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

11%

My opinion

Bullish above 7.44 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 EXMAR as long as the price remains well above 7.44 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

8.6

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 Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The EXMAR rating is 8.29 EUR. The price has increased by +2.47% since the last closing and was traded between 8.14 EUR and 8.29 EUR over the period. The price is currently at +1.84% from its lowest and 0% from its highest.

8.14

8.29

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

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

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

Technical analysis of this Daily chart of EXMAR 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.

The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near horizontal support

Type : Bullish

Timeframe : Daily

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	5.76	6.22	6.72	8.29
Change (%)	-30.52%	-24.97%	-18.94%	-
Change	-2.53	-2.07	-1.57	-
Level	Major	Minor	Intermediate	-

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8.04	8.09	8.19	8.24	8.34	8.39	8.49
Camarilla	8.25	8.26	8.28	8.29	8.30	8.32	8.33
Woodie	8.07	8.10	8.22	8.25	8.37	8.40	8.52
Fibonacci	8.09	8.15	8.18	8.24	8.30	8.33	8.39

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3.72	4.74	6.42	7.44	9.12	10.14	11.82
Camarilla	7.35	7.60	7.84	8.09	8.34	8.59	8.83
Woodie	4.04	4.91	6.74	7.61	9.44	10.31	12.14
Fibonacci	4.74	5.78	6.41	7.44	8.48	9.11	10.14

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	5.70	5.74	5.79	5.83	5.88	5.92	5.97
Camarilla	5.83	5.83	5.84	5.85	5.86	5.87	5.88
Woodie	5.72	5.74	5.81	5.83	5.90	5.92	5.99
Fibonacci	5.74	5.77	5.79	5.83	5.86	5.88	5.92

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):	85.75
MACD (12,26,9):	0.6500
Directional Movement:	54.98
AROON (14):	64.29
DEMA (21):	7.71
Parabolic SAR (0,02-0,02-0,2):	7.37
Elder Ray (13):	0.88
Super Trend (3,10):	7.43
Zig ZAG (10):	8.29
VORTEX (21):	1.2000
Stochastique (14,3,5):	91.23
TEMA (21):	8.21
Williams %R (14):	-6.67
Chande Momentum Oscillator (20):	2.52
Repulse (5,40,3):	-0.9000
ROCnROLL:	1
TRIX (15,9):	0.9600
Courbe Coppock:	72.10

MA7:	8.09
MA20:	6.61
MA50:	6.10
MA100:	5.96
MAexp7:	7.85
MAexp20:	6.97
MAexp50:	6.36
MAexp100:	6.01
Price / MA7:	+2.47%
Price / MA20:	+25.42%
Price / MA50:	+35.90%
Price / MA100:	+39.09%
Price / MAexp7:	+5.61%
Price / MAexp20:	+18.94%
Price / MAexp50:	+30.35%
Price / MAexp100:	+37.94%

Quotes : - 15 min delayed data - Euronext Bruxelles

News

The latest news and videos published on EXMAR 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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