ARCURE - 1H - Technical analysis published on 05/06/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 6.24 EUR
My targets
6.69 EUR (+2.88%)
7.07 EUR (+8.82%)
My analysis
ARCURE 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 6.24 EUR. The next resistance located at 6.69 EUR is the next bullish objective 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 7.07 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
0
10
8.6
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Additional analysis
Quotes
ARCURE rating 6.50 EUR. On the day, this instrument gained +5.86% and was between 6.22 EUR and 6.60 EUR. This implies that the price is at +4.50% from its lowest and at -1.52% from its highest.6.22
6.60
6.50
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of ARCURE indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near support of channel
Type : Bullish
Timeframe : 1 hour
The presence of these bullish Japanese candlestick patterns detected by Central Candlesticks that could cause a very short term rebound were also noted:
White marubozu
Type : Bullish
Timeframe : 1 hour
Long white line
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 5.50 | 6.10 | 6.24 | 6.50 |
| Change (%) | -15.38% | -6.15% | -4.00% | - |
| Change | -1.00 | -0.40 | -0.26 | - |
| Level | Intermediate | Major | Intermediate | - |
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 | 5.66 | 5.82 | 5.98 | 6.14 | 6.30 | 6.46 | 6.62 |
| Camarilla | 6.05 | 6.08 | 6.11 | 6.14 | 6.17 | 6.20 | 6.23 |
| Woodie | 5.66 | 5.82 | 5.98 | 6.14 | 6.30 | 6.46 | 6.62 |
| Fibonacci | 5.82 | 5.94 | 6.02 | 6.14 | 6.26 | 6.34 | 6.46 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.09 | 5.37 | 5.75 | 6.03 | 6.41 | 6.69 | 7.07 |
| Camarilla | 5.96 | 6.02 | 6.08 | 6.14 | 6.20 | 6.26 | 6.32 |
| Woodie | 5.15 | 5.40 | 5.81 | 6.06 | 6.47 | 6.72 | 7.13 |
| Fibonacci | 5.37 | 5.62 | 5.78 | 6.03 | 6.28 | 6.44 | 6.69 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.01 | 3.73 | 4.79 | 5.51 | 6.57 | 7.29 | 8.35 |
| Camarilla | 5.35 | 5.51 | 5.68 | 5.84 | 6.00 | 6.17 | 6.33 |
| Woodie | 3.17 | 3.82 | 4.95 | 5.60 | 6.73 | 7.38 | 8.51 |
| Fibonacci | 3.73 | 4.41 | 4.83 | 5.51 | 6.19 | 6.61 | 7.29 |
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): | 71.87 | |
| MACD (12,26,9): | 0.1100 | |
| Directional Movement: | 20.28 | |
| AROON (14): | 85.71 | |
| DEMA (21): | 6.28 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.14 | |
| Elder Ray (13): | 0.15 | |
| Super Trend (3,10): | 6.02 | |
| Zig ZAG (10): | 6.50 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 77.08 | |
| TEMA (21): | 6.34 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.50 | |
| Repulse (5,40,3): | 5.9400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2200 | |
| Courbe Coppock: | 9.22 |
| MA7: | 6.03 | |
| MA20: | 5.80 | |
| MA50: | 4.77 | |
| MA100: | 4.07 | |
| MAexp7: | 6.30 | |
| MAexp20: | 6.15 | |
| MAexp50: | 6.02 | |
| MAexp100: | 5.87 | |
| Price / MA7: | +7.79% | |
| Price / MA20: | +12.07% | |
| Price / MA50: | +36.27% | |
| Price / MA100: | +59.71% | |
| Price / MAexp7: | +3.17% | |
| Price / MAexp20: | +5.69% | |
| Price / MAexp50: | +7.97% | |
| Price / MAexp100: | +10.73% |
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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