DECEUNINCK
DECEUNINCK
- EUR (-)
- 15 min delayed data - Euronext Bruxelles
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: DECB
ISIN: BE0003789063

DECEUNINCK - 1H - Technical analysis published on 09/28/2023 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Slightly bearish
Technical indicators
78%
0%
22%
My opinion
Bullish above 2.115 EUR
My targets
2.150 EUR (+0.70%)
2.230 EUR (+4.45%)
My analysis
The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for DECEUNINCK as long as the price remains well above 2.115 EUR. The buyers' bullish objective is set at 2.150 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2.230 EUR. If there is any crossing, the next objective would be the resistance located at 2.298 EUR. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 2.150 EUR. On this resistance, against the trend traders who would like to go short on DECEUNINCK with a bearish signal from their trading strategy, should not hesitate to act.

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
2.9

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

DECEUNINCK rating 2.135 EUR. The price registered an increase of +3.14% on the session and was between 2.070 EUR and 2.140 EUR. This implies that the price is at +3.14% from its lowest and at -0.23% from its highest.

2.070
2.140
2.135

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



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of DECEUNINCK indicates that the overall trend is slightly bearish. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that this slightly bearish trend could quickly be reversed. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour



In fact, 14 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

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 2

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly



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

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.833 2.060 2.115 2.135 2.150 2.230 2.298
Change (%) -14.15% -3.51% -0.94% - +0.70% +4.45% +7.63%
Change -0.302 -0.075 -0.020 - +0.015 +0.095 +0.163
Level Major Minor Intermediate - Minor Major Major



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
Standard2.0202.0452.0902.1152.1602.1852.230
Camarilla2.1162.1222.1292.1352.1412.1482.154
Woodie2.0302.0502.1002.1202.1702.1902.240
Fibonacci2.0452.0722.0882.1152.1422.1582.185


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.0902.1202.1452.1752.2002.2302.255
Camarilla2.1552.1602.1652.1702.1752.1802.185
Woodie2.0882.1192.1432.1742.1982.2292.253
Fibonacci2.1202.1412.1542.1752.1962.2092.230


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.9102.0602.1802.3302.4502.6002.720
Camarilla2.2262.2512.2752.3002.3252.3502.374
Woodie1.8952.0532.1652.3232.4352.5932.705
Fibonacci2.0602.1632.2272.3302.4332.4972.600

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): 60.46
MACD (12,26,9): -0.0030
Directional Movement: 10.685
AROON (14): 64.286
DEMA (21): 2.098
Parabolic SAR (0,02-0,02-0,2): 2.081
Elder Ray (13): 0.022
Super Trend (3,10): 2.077
Zig ZAG (10): 2.135
VORTEX (21): 0.8910
Stochastique (14,3,5): 85.42
TEMA (21): 2.109
Williams %R (14): -6.25
Chande Momentum Oscillator (20): 0.065
Repulse (5,40,3): 1.3500
ROCnROLL: 1
TRIX (15,9): -0.0830
Courbe Coppock: 2.81
MA7: 2.143
MA20: 2.200
MA50: 2.275
MA100: 2.313
MAexp7: 2.113
MAexp20: 2.107
MAexp50: 2.127
MAexp100: 2.159
Price / MA7: -0.37%
Price / MA20: -2.95%
Price / MA50: -6.15%
Price / MA100: -7.70%
Price / MAexp7: +1.04%
Price / MAexp20: +1.33%
Price / MAexp50: +0.38%
Price / MAexp100: -1.11%

Quotes : - 15 min delayed data - Euronext Bruxelles

News


The latest news and videos published on DECEUNINCK 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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