CARMILA
CARMILA
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: CARM
ISIN: FR0010828137

CARMILA - 1H - Technical analysis published on 02/05/2024 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 16.14 EUR
My targets
16.54 EUR (+0.85%)
17.02 EUR (+3.78%)
My analysis
The basic bullish trend is very strong on CARMILA but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 16.14 EUR. Crossing the first resistance at 16.54 EUR would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 17.02 EUR as an objective. Crossing it would then enable buyers to target 18.78 EUR. Caution, a return to below 16.14 EUR would be a sign of a consolidation phase in the short-term basic trend. 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
7.7

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 ppires. Take part yourself by sharing additional analysis on another time unit:
Daily Weekly

Additional analysis

Quotes

The CARMILA price is 16.40 EUR. The price registered an increase of +0.61% on the session and was between 16.30 EUR and 16.44 EUR. This implies that the price is at +0.61% from its lowest and at -0.24% from its highest.

16.30
16.44
16.40

A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 1H of this CARMILA chart shows a strongly bullish trend. The signals given by moving averages are 85.71% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 15 technical indicators on 18 studied 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


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 15.94 16.14 16.34 16.40 16.44 16.54 18.78
Change (%) -2.80% -1.59% -0.37% - +0.24% +0.85% +14.51%
Change -0.46 -0.26 -0.06 - +0.04 +0.14 +2.38
Level Major Intermediate Major - Minor Intermediate Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard16.0516.1316.2116.2916.3716.4516.53
Camarilla16.2616.2716.2916.3016.3216.3316.34
Woodie16.0616.1316.2216.2916.3816.4516.54
Fibonacci16.1316.1916.2316.2916.3516.3916.45


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard15.5815.8216.0616.3016.5416.7817.02
Camarilla16.1716.2116.2616.3016.3416.3916.43
Woodie15.5815.8216.0616.3016.5416.7817.02
Fibonacci15.8216.0016.1216.3016.4816.6016.78


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard14.7815.1415.8216.1816.8617.2217.90
Camarilla16.2116.3116.4116.5016.6016.6916.79
Woodie14.9415.2215.9816.2617.0217.3018.06
Fibonacci15.1415.5415.7816.1816.5816.8217.22

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): 55.24
MACD (12,26,9): 0.0100
Directional Movement: -1.58
AROON (14): 71.42
DEMA (21): 16.34
Parabolic SAR (0,02-0,02-0,2): 16.08
Elder Ray (13): 0.05
Super Trend (3,10): 16.51
Zig ZAG (10): 16.40
VORTEX (21): 0.9200
Stochastique (14,3,5): 88.89
TEMA (21): 16.35
Williams %R (14): -13.33
Chande Momentum Oscillator (20): 0.20
Repulse (5,40,3): 0.6300
ROCnROLL: 1
TRIX (15,9): -0.0100
Courbe Coppock: 1.23
MA7: 16.39
MA20: 16.24
MA50: 15.55
MA100: 14.74
MAexp7: 16.36
MAexp20: 16.33
MAexp50: 16.32
MAexp100: 16.26
Price / MA7: +0.06%
Price / MA20: +0.99%
Price / MA50: +5.47%
Price / MA100: +11.26%
Price / MAexp7: +0.24%
Price / MAexp20: +0.43%
Price / MAexp50: +0.49%
Price / MAexp100: +0.86%

Quotes : - 15 min delayed data - Euronext Paris

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

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