ALTICE EUROPE N.V. - Daily - Technical analysis published on 11/28/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
ALTICE EUROPE N.V. Chart
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
39%
22%
39%
My opinion
Bullish above 5.035 EUR
My targets
5.478 EUR (+4.26%)
My analysis
ALTICE EUROPE N.V. 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 5.035 EUR. The next resistance located at 5.478 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. 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.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
FORCE
0
10
6.6
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This analysis was given by Vincent Launay.
Additional analysis
Quotes
ALTICE EUROPE N.V. rating 5.254 EUR. The price registered an increase of +0.27% on the session with the lowest point at 5.170 EUR and the highest point at 5.266 EUR. The deviation from the price is +1.62% for the low point and -0.23% for the high point.5.170
5.266
5.254
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
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 LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Abnormal volumes on ALTICE EUROPE N.V. were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Technical
A technical analysis in Daily of this ALTICE EUROPE N.V. 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 scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Ichimoku - Bearish crossover : Tenkan & Kijun
Type : Bearish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 3.807 | 4.417 | 5.035 | 5.254 | 5.478 |
| Change (%) | -27.54% | -15.93% | -4.17% | - | +4.26% |
| Change | -1.447 | -0.837 | -0.219 | - | +0.224 |
| Level | Minor | 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 | 4.763 | 4.907 | 5.073 | 5.217 | 5.383 | 5.527 | 5.693 |
| Camarilla | 5.155 | 5.183 | 5.212 | 5.240 | 5.268 | 5.297 | 5.325 |
| Woodie | 4.775 | 4.913 | 5.085 | 5.223 | 5.395 | 5.533 | 5.705 |
| Fibonacci | 4.907 | 5.025 | 5.098 | 5.217 | 5.335 | 5.408 | 5.527 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.595 | 4.768 | 4.984 | 5.157 | 5.373 | 5.546 | 5.762 |
| Camarilla | 5.093 | 5.129 | 5.164 | 5.200 | 5.236 | 5.271 | 5.307 |
| Woodie | 4.617 | 4.779 | 5.006 | 5.168 | 5.395 | 5.557 | 5.784 |
| Fibonacci | 4.768 | 4.917 | 5.008 | 5.157 | 5.306 | 5.397 | 5.546 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.902 | 4.276 | 4.698 | 5.072 | 5.494 | 5.868 | 6.290 |
| Camarilla | 4.901 | 4.974 | 5.047 | 5.120 | 5.193 | 5.266 | 5.339 |
| Woodie | 3.926 | 4.288 | 4.722 | 5.084 | 5.518 | 5.880 | 6.314 |
| Fibonacci | 4.276 | 4.580 | 4.768 | 5.072 | 5.376 | 5.564 | 5.868 |
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): | 55.43 | |
| MACD (12,26,9): | 0.0520 | |
| Directional Movement: | -3.766 | |
| AROON (14): | -28.572 | |
| DEMA (21): | 5.283 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.531 | |
| Elder Ray (13): | 0 | |
| Super Trend (3,10): | 4.900 | |
| Zig ZAG (10): | 5.256 | |
| VORTEX (21): | 0.9720 | |
| Stochastique (14,3,5): | 42.67 | |
| TEMA (21): | 5.212 | |
| Williams %R (14): | -58.67 | |
| Chande Momentum Oscillator (20): | -0.220 | |
| Repulse (5,40,3): | 1.8520 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1760 | |
| Courbe Coppock: | 0.52 |
| MA7: | 5.210 | |
| MA20: | 5.217 | |
| MA50: | 5.065 | |
| MA100: | 4.451 | |
| MAexp7: | 5.228 | |
| MAexp20: | 5.199 | |
| MAexp50: | 4.969 | |
| MAexp100: | 4.492 | |
| Price / MA7: | +0.84% | |
| Price / MA20: | +0.71% | |
| Price / MA50: | +3.73% | |
| Price / MA100: | +18.04% | |
| Price / MAexp7: | +0.50% | |
| Price / MAexp20: | +1.06% | |
| Price / MAexp50: | +5.74% | |
| Price / MAexp100: | +16.96% |
News
The latest news and videos published on ALTICE EUROPE N.V. at the time of the analysis were as follows:
- Altice NV: Full Year and Q4 2017 Pro Forma Results
- Altice NV: Altice Enters Into Exclusivity For The Sale of Its International Wholesale Voice Carrier Business
- Altice NV: Q4 2017 Results Conference Call Invitation (consensus estimates attached)
- Altice NV: Altice USA Reports Full Year & Q4 2017 Results
- Altice N.V.: Altice Announces Closing of Transaction to Sell its Telecommunications Solutions Business and Data Center Operations in Switzerland
This member declared not having a position on this financial instrument or a related financial instrument.
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