ALTRI SGPS
ALTRI SGPS
- EUR (-)
- 15 min delayed data - Euronext Lisbonne
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: ALTR
ISIN: PTALT0AE0002

ALTRI SGPS - 1H - Technical analysis published on 11/14/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 5.100 EUR
My targets
5.183 EUR (+1.03%)
5.512 EUR (+7.45%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ALTRI SGPS as long as the price remains well above 5.100 EUR. The buyers' bullish objective is set at 5.183 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 5.512 EUR. If there is any crossing, the next objective would be the resistance located at 5.944 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, 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
7.3

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

The ALTRI SGPS rating is 5.130 EUR. The price registered an increase of +2.60% on the session and was traded between 4.954 EUR and 5.130 EUR over the period. The price is currently at +3.55% from its lowest and 0% from its highest.

4.954
5.130
5.130

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

Central Gaps

Opening Gap DOWN

Type : Bearish

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 an element:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of ALTRI SGPS in 1H shows a strongly overall bullish trend. 82.14% 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 does not detect any result on moving averages that would impact this trend.

In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 5.010 5.065 5.100 5.130 5.183 5.512 5.944
Change (%) -2.34% -1.27% -0.58% - +1.03% +7.45% +15.87%
Change -0.120 -0.065 -0.030 - +0.053 +0.382 +0.814
Level Intermediate Minor Intermediate - 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
Standard4.8874.9254.9635.0015.0395.0775.115
Camarilla4.9794.9864.9935.0005.0075.0145.021
Woodie4.8864.9254.9625.0015.0385.0775.114
Fibonacci4.9254.9544.9725.0015.0305.0485.077


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.8074.8854.9735.0515.1395.2175.305
Camarilla5.0145.0305.0455.0605.0755.0905.106
Woodie4.8114.8884.9775.0545.1435.2205.309
Fibonacci4.8854.9494.9885.0515.1155.1545.217


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.5294.7414.8575.0695.1855.3975.513
Camarilla4.8844.9144.9444.9745.0045.0345.064
Woodie4.4824.7174.8105.0455.1385.3735.466
Fibonacci4.7414.8664.9435.0695.1945.2715.397

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): 64.90
MACD (12,26,9): 0.0120
Directional Movement: 16.055
AROON (14): 21.428
DEMA (21): 5.063
Parabolic SAR (0,02-0,02-0,2): 4.970
Elder Ray (13): 0.054
Super Trend (3,10): 5.023
Zig ZAG (10): 5.120
VORTEX (21): 1.1090
Stochastique (14,3,5): 87.91
TEMA (21): 5.079
Williams %R (14): -5.68
Chande Momentum Oscillator (20): 0.085
Repulse (5,40,3): 0.9610
ROCnROLL: 1
TRIX (15,9): -0.0070
Courbe Coppock: 1.77
MA7: 5.045
MA20: 5.049
MA50: 5.030
MA100: 5.044
MAexp7: 5.081
MAexp20: 5.053
MAexp50: 5.049
MAexp100: 5.052
Price / MA7: +1.68%
Price / MA20: +1.60%
Price / MA50: +1.99%
Price / MA100: +1.70%
Price / MAexp7: +0.96%
Price / MAexp20: +1.52%
Price / MAexp50: +1.60%
Price / MAexp100: +1.54%

Quotes : - 15 min delayed data - Euronext Lisbonne

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

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