CARMILA - 1H - Technical analysis published on 02/16/2024 (GMT)
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I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
44%
17%
39%
My opinion
Bearish under 15.54 EUR
My targets
14.74 EUR (-2.51%)
14.15 EUR (-6.42%)
My analysis
The bearish trend is currently very strong for CARMILA. As long as the price remains below the resistance at 15.54 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 14.74 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 14.15 EUR as an objective. Crossing it would then enable sellers to target 13.48 EUR. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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 are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
5.2
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Additional analysis
Quotes
The CARMILA rating is 15.12 EUR. The price is lower by -0.26% since the last closing with the lowest point at 14.92 EUR and the highest point at 15.18 EUR. The deviation from the price is +1.34% for the low point and -0.40% for the high point.14.92
15.18
15.12
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
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
Technical analysis of this 1H chart of CARMILA indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
The probability of a further increase is slight given the direction of the technical indicators.
The Central Indicators scanner found this result concerning these indicators:
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
Near horizontal support
Type : Bullish
Timeframe : 1 hour
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 13.48 | 14.15 | 14.74 | 15.12 | 15.14 | 15.54 | 15.85 |
| Change (%) | -10.85% | -6.42% | -2.51% | - | +0.13% | +2.78% | +4.83% |
| Change | -1.64 | -0.97 | -0.38 | - | +0.02 | +0.42 | +0.73 |
| Level | Minor | Intermediate | Major | - | Minor | Minor | Major |
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 | 14.43 | 14.57 | 14.87 | 15.01 | 15.31 | 15.45 | 15.75 |
| Camarilla | 15.04 | 15.08 | 15.12 | 15.16 | 15.20 | 15.24 | 15.28 |
| Woodie | 14.50 | 14.61 | 14.94 | 15.05 | 15.38 | 15.49 | 15.82 |
| Fibonacci | 14.57 | 14.74 | 14.85 | 15.01 | 15.18 | 15.29 | 15.45 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.87 | 15.31 | 15.55 | 15.99 | 16.23 | 16.67 | 16.91 |
| Camarilla | 15.59 | 15.66 | 15.72 | 15.78 | 15.84 | 15.91 | 15.97 |
| Woodie | 14.76 | 15.26 | 15.44 | 15.94 | 16.12 | 16.62 | 16.80 |
| Fibonacci | 15.31 | 15.57 | 15.73 | 15.99 | 16.25 | 16.41 | 16.67 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.78 | 15.14 | 15.82 | 16.18 | 16.86 | 17.22 | 17.90 |
| Camarilla | 16.21 | 16.31 | 16.41 | 16.50 | 16.60 | 16.69 | 16.79 |
| Woodie | 14.94 | 15.22 | 15.98 | 16.26 | 17.02 | 17.30 | 18.06 |
| Fibonacci | 15.14 | 15.54 | 15.78 | 16.18 | 16.58 | 16.82 | 17.22 |
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): | 41.60 | |
| MACD (12,26,9): | -0.1800 | |
| Directional Movement: | -16.97 | |
| AROON (14): | -35.72 | |
| DEMA (21): | 14.93 | |
| Parabolic SAR (0,02-0,02-0,2): | 14.74 | |
| Elder Ray (13): | -0.04 | |
| Super Trend (3,10): | 15.22 | |
| Zig ZAG (10): | 15.10 | |
| VORTEX (21): | 0.7400 | |
| Stochastique (14,3,5): | 55.31 | |
| TEMA (21): | 14.91 | |
| Williams %R (14): | -45.71 | |
| Chande Momentum Oscillator (20): | -0.08 | |
| Repulse (5,40,3): | 1.7600 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.2100 | |
| Courbe Coppock: | 4.84 |
| MA7: | 15.53 | |
| MA20: | 16.02 | |
| MA50: | 15.75 | |
| MA100: | 14.86 | |
| MAexp7: | 15.06 | |
| MAexp20: | 15.18 | |
| MAexp50: | 15.51 | |
| MAexp100: | 15.77 | |
| Price / MA7: | -2.64% | |
| Price / MA20: | -5.62% | |
| Price / MA50: | -4.00% | |
| Price / MA100: | +1.75% | |
| Price / MAexp7: | +0.40% | |
| Price / MAexp20: | -0.40% | |
| Price / MAexp50: | -2.51% | |
| Price / MAexp100: | -4.12% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The latest news and videos published on CARMILA at the time of the analysis were as follows:
- Carmila: Resources Devoted to the Liquidity Contract as of 31 December 2023
- Carmila: Asset Sale in France for €35 Million
- CARMILA: Information Concerning the Total Number of Voting Rights and Share, Provided Pursuant to Article L.233-8 II of the Code de commerce (French Commercial Code) and Article 223-16 of the Règlement général de l’Autorité des marchés financiers
- Carmila: 2023 Half-Year Financial Report Available
- Carmila: 2023 Half-Year Results
This member declared not having a position on this financial instrument or a related financial instrument.
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