HOME INVEST BE. - Daily - Technical analysis published on 12/07/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 14.96 EUR
My targets
16.27 EUR (+4.29%)
17.59 EUR (+12.76%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on HOME INVEST BE.. This is a positive signal for buyers. As long as the price remains above 14.96 EUR, a purchase could be considered. The first bullish objective is located at 16.27 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 17.59 EUR as an objective. Crossing it would then enable buyers to target 18.98 EUR. In the event of a return below 14.96 EUR, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.3
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The HOME INVEST BE. rating is 15.60 EUR. On the day, this instrument gained +4.42% and was traded between 14.82 EUR and 15.82 EUR over the period. The price is currently at +5.26% from its lowest and -1.39% from its highest.14.82
15.82
15.60
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of HOME INVEST BE. indicates that the overall trend is bullish. 64.29% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : Daily
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of channel
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 13.54 | 14.96 | 15.56 | 15.60 | 16.27 | 17.59 | 18.98 |
| Change (%) | -13.21% | -4.10% | -0.26% | - | +4.29% | +12.76% | +21.67% |
| Change | -2.06 | -0.64 | -0.04 | - | +0.67 | +1.99 | +3.38 |
| Level | Major | Major | Major | - | Minor | Intermediate | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 14.01 | 14.41 | 15.01 | 15.41 | 16.01 | 16.41 | 17.01 |
| Camarilla | 15.33 | 15.42 | 15.51 | 15.60 | 15.69 | 15.78 | 15.88 |
| Woodie | 14.10 | 14.46 | 15.10 | 15.46 | 16.10 | 16.46 | 17.10 |
| Fibonacci | 14.41 | 14.80 | 15.03 | 15.41 | 15.80 | 16.03 | 16.41 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.41 | 13.81 | 14.27 | 14.67 | 15.13 | 15.53 | 15.99 |
| Camarilla | 14.48 | 14.56 | 14.64 | 14.72 | 14.80 | 14.88 | 14.96 |
| Woodie | 13.43 | 13.83 | 14.29 | 14.69 | 15.15 | 15.55 | 16.01 |
| Fibonacci | 13.81 | 14.14 | 14.35 | 14.67 | 15.00 | 15.21 | 15.53 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.35 | 12.99 | 13.81 | 14.45 | 15.27 | 15.91 | 16.73 |
| Camarilla | 14.24 | 14.37 | 14.51 | 14.64 | 14.77 | 14.91 | 15.04 |
| Woodie | 12.45 | 13.04 | 13.91 | 14.50 | 15.37 | 15.96 | 16.83 |
| Fibonacci | 12.99 | 13.54 | 13.89 | 14.45 | 15.00 | 15.35 | 15.91 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 68.11 | |
| MACD (12,26,9): | 0.1700 | |
| Directional Movement: | 25.16 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 14.74 | |
| Parabolic SAR (0,02-0,02-0,2): | 14.14 | |
| Elder Ray (13): | 0.62 | |
| Super Trend (3,10): | 13.94 | |
| Zig ZAG (10): | 15.60 | |
| VORTEX (21): | 1.0400 | |
| Stochastique (14,3,5): | 85.06 | |
| TEMA (21): | 15.02 | |
| Williams %R (14): | -12.09 | |
| Chande Momentum Oscillator (20): | 1.28 | |
| Repulse (5,40,3): | 5.7200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 5.43 |
| MA7: | 14.82 | |
| MA20: | 14.53 | |
| MA50: | 14.46 | |
| MA100: | 15.38 | |
| MAexp7: | 14.91 | |
| MAexp20: | 14.59 | |
| MAexp50: | 14.70 | |
| MAexp100: | 15.37 | |
| Price / MA7: | +5.26% | |
| Price / MA20: | +7.36% | |
| Price / MA50: | +7.88% | |
| Price / MA100: | +1.43% | |
| Price / MAexp7: | +4.63% | |
| Price / MAexp20: | +6.92% | |
| Price / MAexp50: | +6.12% | |
| Price / MAexp100: | +1.50% |
Quotes :
-
15 min delayed data
-
Euronext Bruxelles
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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