QRF

- EUR (-)

- 15 min delayed data - Euronext Bruxelles

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	QRF
ISIN:	BE0974272040

QRF - Daily - Technical analysis published on 02/28/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

72%

11%

17%

My opinion

Bullish above 9.52 EUR

My targets

10.18 EUR (+2.83%)

10.60 EUR (+7.07%)

My analysis

QRF 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 9.52 EUR. The next resistance located at 10.18 EUR is the next bullish target 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 10.60 EUR. After this resistance, buyers could then target 10.76 EUR.

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

5.5

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.

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Additional analysis

Quotes

The QRF price is 9.90 EUR. The price registered an increase of +4.21% on the session and was traded between 9.48 EUR and 9.90 EUR over the period. The price is currently at +4.43% from its lowest and 0% from its highest.

9.48

9.90

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 for higher/lower results shows the following items:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 5 days

Technical

Technical analysis of this Daily chart of QRF indicates that the overall trend is bullish. 67.86% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by 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 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : Daily

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	9.23	9.52	9.78	9.90	9.91	10.18	10.60
Change (%)	-6.77%	-3.84%	-1.21%	-	+0.10%	+2.83%	+7.07%
Change	-0.67	-0.38	-0.12	-	+0.01	+0.28	+0.70
Level	Major	Minor	Major	-	Major	Major	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	9.20	9.34	9.62	9.76	10.04	10.18	10.46
Camarilla	9.79	9.82	9.86	9.90	9.94	9.98	10.02
Woodie	9.27	9.38	9.69	9.80	10.11	10.22	10.53
Fibonacci	9.34	9.50	9.60	9.76	9.92	10.02	10.18

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8.99	9.19	9.37	9.57	9.75	9.95	10.13
Camarilla	9.44	9.47	9.51	9.54	9.58	9.61	9.65
Woodie	8.97	9.19	9.35	9.57	9.73	9.95	10.11
Fibonacci	9.19	9.34	9.43	9.57	9.72	9.81	9.95

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.17	9.49	9.67	9.99	10.17	10.49	10.67
Camarilla	9.72	9.77	9.81	9.86	9.91	9.95	10.00
Woodie	9.11	9.46	9.61	9.96	10.11	10.46	10.61
Fibonacci	9.49	9.68	9.80	9.99	10.18	10.30	10.49

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):	59.25
MACD (12,26,9):	-0.0600
Directional Movement:	12.46
AROON (14):	71.43
DEMA (21):	9.53
Parabolic SAR (0,02-0,02-0,2):	9.37
Elder Ray (13):	0.10
Super Trend (3,10):	9.06
Zig ZAG (10):	9.90
VORTEX (21):	0.8300
Stochastique (14,3,5):	63.49
TEMA (21):	9.52
Williams %R (14):	0.00
Chande Momentum Oscillator (20):	0.34
Repulse (5,40,3):	3.8500
ROCnROLL:	1
TRIX (15,9):	-0.1400
Courbe Coppock:	3.71

MA7:	9.53
MA20:	9.61
MA50:	9.79
MA100:	9.66
MAexp7:	9.60
MAexp20:	9.62
MAexp50:	9.70
MAexp100:	9.75
Price / MA7:	+3.88%
Price / MA20:	+3.02%
Price / MA50:	+1.12%
Price / MA100:	+2.48%
Price / MAexp7:	+3.13%
Price / MAexp20:	+2.91%
Price / MAexp50:	+2.06%
Price / MAexp100:	+1.54%

Quotes : - 15 min delayed data - Euronext Bruxelles

News

The last news published on QRF at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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