ARCURE - Daily - Technical analysis published on 04/17/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 5.56 EUR
My targets
6.14 EUR (+0.28%)
6.85 EUR (+11.98%)
My analysis
The bullish trend is currently very strong on ARCURE. As long as the price remains above the support at 5.56 EUR, you could try to benefit from the boom. The first bullish objective is located at 6.14 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 6.85 EUR as an objective. Crossing it would then enable buyers to target 7.23 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
8.9
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This analysis was given by pierrott. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ARCURE price is 6.12 EUR. The price registered an increase of +8.90% on the session and was traded between 5.52 EUR and 6.12 EUR over the period. The price is currently at +10.87% from its lowest and 0% from its highest.5.52
6.12
6.12
Here is a more detailed summary of the historical variations registered by ARCURE:
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
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Technical
A technical analysis in Daily of this ARCURE chart shows a strongly bullish trend. 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 market scanner currently does not detect any result that concerns moving averages.
In fact, 16 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : Daily
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 3
Type : Neutral
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 4.00 | 4.56 | 4.99 | 6.12 |
| Change (%) | -34.64% | -25.49% | -18.46% | - |
| Change | -2.12 | -1.56 | -1.13 | - |
| Level | Major | Major | Intermediate | - |
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 | 5.39 | 5.45 | 5.53 | 5.59 | 5.67 | 5.73 | 5.81 |
| Camarilla | 5.58 | 5.59 | 5.61 | 5.62 | 5.63 | 5.65 | 5.66 |
| Woodie | 5.41 | 5.46 | 5.55 | 5.60 | 5.69 | 5.74 | 5.83 |
| Fibonacci | 5.45 | 5.50 | 5.53 | 5.59 | 5.64 | 5.67 | 5.73 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.54 | 4.11 | 4.91 | 5.48 | 6.28 | 6.85 | 7.65 |
| Camarilla | 5.32 | 5.45 | 5.57 | 5.70 | 5.83 | 5.95 | 6.08 |
| Woodie | 3.65 | 4.17 | 5.02 | 5.54 | 6.39 | 6.91 | 7.76 |
| Fibonacci | 4.11 | 4.64 | 4.96 | 5.48 | 6.01 | 6.33 | 6.85 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.22 | 2.80 | 3.89 | 4.47 | 5.56 | 6.14 | 7.23 |
| Camarilla | 4.53 | 4.68 | 4.84 | 4.99 | 5.14 | 5.30 | 5.45 |
| Woodie | 2.49 | 2.93 | 4.16 | 4.60 | 5.83 | 6.27 | 7.50 |
| Fibonacci | 2.80 | 3.44 | 3.83 | 4.47 | 5.11 | 5.50 | 6.14 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 78.17 | |
| MACD (12,26,9): | 0.4800 | |
| Directional Movement: | 35.49 | |
| AROON (14): | 100.00 | |
| DEMA (21): | 5.56 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.19 | |
| Elder Ray (13): | 0.55 | |
| Super Trend (3,10): | 4.77 | |
| Zig ZAG (10): | 6.10 | |
| VORTEX (21): | 1.2200 | |
| Stochastique (14,3,5): | 87.24 | |
| TEMA (21): | 5.86 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 1.11 | |
| Repulse (5,40,3): | 15.2900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 1.1500 | |
| Courbe Coppock: | 74.84 |
| MA7: | 5.65 | |
| MA20: | 4.78 | |
| MA50: | 4.37 | |
| MA100: | 3.63 | |
| MAexp7: | 5.59 | |
| MAexp20: | 5.00 | |
| MAexp50: | 4.41 | |
| MAexp100: | 3.87 | |
| Price / MA7: | +8.32% | |
| Price / MA20: | +28.03% | |
| Price / MA50: | +40.05% | |
| Price / MA100: | +68.60% | |
| Price / MAexp7: | +9.48% | |
| Price / MAexp20: | +22.40% | |
| Price / MAexp50: | +38.78% | |
| Price / MAexp100: | +58.14% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The last news published on ARCURE at the time of the generation of this analysis was as follows:
- Annual results 2023: a solid profitability, EBE and net income highly increased
- 2021 revenue up 33% to EUR 10.4 million - Profitable growth outlook
- Arcure launches its new solution: Blaxtair Connect
- Arcure Joins the CITF in Hong Kong and Boosts Its International Development
- Arcure Signs a New Industrial Partnership to Manufacture Blaxtair in France
This member declared not having a position on this financial instrument or a related financial instrument.
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