CARBIOS

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	ALCRB
ISIN:	FR0011648716

CARBIOS - Daily - Technical analysis published on 02/19/2024 (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%

28%

My opinion

Bullish above 23.43 EUR

My targets

26.73 EUR (+8.67%)

27.17 EUR (+10.45%)

My analysis

CARBIOS 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 23.43 EUR. The next resistance located at 26.73 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 27.17 EUR. After this resistance, buyers could then target 33.92 EUR.

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

6.6

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

Additional analysis

Quotes

CARBIOS rating 24.60 EUR. The price registered an increase of +4.24% on the session and was between 24.10 EUR and 24.75 EUR. This implies that the price is at +2.07% from its lowest and at -0.61% from its highest.

24.10

24.75

24.60

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by CARBIOS:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of CARBIOS in Daily shows an overall bullish trend. 75.00% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : Daily

The probability of a further increase is high given the direction of the technical indicators.
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

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 2

Type : Neutral

Timeframe : Daily

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

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:

Upside gap

Type : Bullish

Timeframe : Daily

Bearish doji star

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	14.26	19.16	23.43	24.60	27.17	33.92	38.85
Change (%)	-42.03%	-22.11%	-4.76%	-	+10.45%	+37.89%	+57.93%
Change	-10.34	-5.44	-1.17	-	+2.57	+9.32	+14.25
Level	Intermediate	Major	Major	-	Intermediate	Intermediate	Minor

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	22.07	22.53	23.07	23.53	24.07	24.53	25.07
Camarilla	23.33	23.42	23.51	23.60	23.69	23.78	23.88
Woodie	22.10	22.55	23.10	23.55	24.10	24.55	25.10
Fibonacci	22.53	22.92	23.15	23.53	23.92	24.15	24.53

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	19.57	20.53	22.07	23.03	24.57	25.53	27.07
Camarilla	22.91	23.14	23.37	23.60	23.83	24.06	24.29
Woodie	19.85	20.68	22.35	23.18	24.85	25.68	27.35
Fibonacci	20.53	21.49	22.08	23.03	23.99	24.58	25.53

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.63	17.97	20.18	24.52	26.73	31.07	33.28
Camarilla	20.60	21.20	21.80	22.40	23.00	23.60	24.20
Woodie	12.58	17.44	19.13	23.99	25.68	30.54	32.23
Fibonacci	17.97	20.47	22.02	24.52	27.02	28.57	31.07

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):	58.62
MACD (12,26,9):	-0.4000
Directional Movement:	7.21
AROON (14):	50.00
DEMA (21):	22.27
Parabolic SAR (0,02-0,02-0,2):	21.23
Elder Ray (13):	1.48
Super Trend (3,10):	21.65
Zig ZAG (10):	24.25
VORTEX (21):	0.9300
Stochastique (14,3,5):	82.17
TEMA (21):	22.19
Williams %R (14):	-1.45
Chande Momentum Oscillator (20):	2.15
Repulse (5,40,3):	2.5000
ROCnROLL:	1
TRIX (15,9):	-0.4700
Courbe Coppock:	4.74

MA7:	22.53
MA20:	22.62
MA50:	24.46
MA100:	23.10
MAexp7:	22.93
MAexp20:	22.92
MAexp50:	23.50
MAexp100:	24.04
Price / MA7:	+9.19%
Price / MA20:	+8.75%
Price / MA50:	+0.57%
Price / MA100:	+6.49%
Price / MAexp7:	+7.28%
Price / MAexp20:	+7.33%
Price / MAexp50:	+4.68%
Price / MAexp100:	+2.33%

Quotes : - 15 min delayed data - Euronext Paris

News

The last news published on CARBIOS 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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