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 04/29/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

22%

My opinion

Bullish above 10.60 EUR

My targets

11.55 EUR (+6.45%)

13.53 EUR (+24.70%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on QRF as long as the price remains well above 10.60 EUR. The buyers' bullish objective is set at 11.55 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 13.53 EUR. If there is any crossing, the next objective would be the resistance located at 15.14 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

8.2

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

QRF rating 10.85 EUR. On the day, this instrument gained +6.37% and was between 10.40 EUR and 10.85 EUR. This implies that the price is at +4.33% from its lowest and at 0% from its highest.

10.40

10.85

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

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

The study of the highest / lowest by the Central Records scanner shows the following results:

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

Technical analysis of this Daily chart of QRF indicates that the overall trend is strongly bullish. 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. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

Aroon indicator bullish trend

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 resistance of channel

Type : Bearish

Timeframe : Daily

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	10.40	10.60	10.76	10.85	11.55	13.53	15.14
Change (%)	-4.15%	-2.30%	-0.83%	-	+6.45%	+24.70%	+39.54%
Change	-0.45	-0.25	-0.09	-	+0.70	+2.68	+4.29
Level	Minor	Major	Major	-	Minor	Minor	Minor

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.93	10.07	10.13	10.27	10.33	10.47	10.53
Camarilla	10.15	10.16	10.18	10.20	10.22	10.24	10.26
Woodie	9.90	10.05	10.10	10.25	10.30	10.45	10.50
Fibonacci	10.07	10.14	10.19	10.27	10.34	10.39	10.47

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.77	9.93	10.07	10.23	10.37	10.53	10.67
Camarilla	10.12	10.15	10.17	10.20	10.23	10.26	10.28
Woodie	9.75	9.93	10.05	10.23	10.35	10.53	10.65
Fibonacci	9.93	10.05	10.12	10.23	10.35	10.42	10.53

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8.57	9.04	9.55	10.02	10.53	11.00	11.51
Camarilla	9.78	9.87	9.96	10.05	10.14	10.23	10.32
Woodie	8.58	9.05	9.56	10.03	10.54	11.01	11.52
Fibonacci	9.04	9.42	9.65	10.02	10.40	10.63	11.00

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):	64.77
MACD (12,26,9):	0.0800
Directional Movement:	14.66
AROON (14):	42.86
DEMA (21):	10.47
Parabolic SAR (0,02-0,02-0,2):	10.10
Elder Ray (13):	0.24
Super Trend (3,10):	9.95
Zig ZAG (10):	10.85
VORTEX (21):	1.0000
Stochastique (14,3,5):	41.03
TEMA (21):	10.44
Williams %R (14):	0.00
Chande Momentum Oscillator (20):	0.25
Repulse (5,40,3):	3.5800
ROCnROLL:	1
TRIX (15,9):	0.1300
Courbe Coppock:	1.21

MA7:	10.34
MA20:	10.43
MA50:	10.10
MA100:	9.97
MAexp7:	10.42
MAexp20:	10.35
MAexp50:	10.18
MAexp100:	10.03
Price / MA7:	+4.93%
Price / MA20:	+4.03%
Price / MA50:	+7.43%
Price / MA100:	+8.83%
Price / MAexp7:	+4.13%
Price / MAexp20:	+4.83%
Price / MAexp50:	+6.58%
Price / MAexp100:	+8.18%

Quotes : - 15 min delayed data - Euronext Bruxelles

News

The latest news and videos published on QRF 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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