TOMTOM

- EUR (-)

- 15 min delayed data - Euronext Amsterdam

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	TOM2
ISIN:	NL0013332471

TOMTOM - Daily - Technical analysis published on 07/15/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

78%

17%

My opinion

Bullish above 7.518 EUR

My targets

8.400 EUR (+4.09%)

8.715 EUR (+7.99%)

My analysis

In the short term, there could be an acceleration of the basic bullish trend on TOMTOM. This is a positive signal for buyers. As long as the price remains above 7.518 EUR, a purchase could be considered. The first bullish objective is located at 8.400 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 8.715 EUR as an objective. Crossing it would then enable buyers to target 9.223 EUR. In the event of a return below 7.518 EUR, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be 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

6.3

Comment on the analysis

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.

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Additional analysis

Quotes

The TOMTOM price is 8.070 EUR. The price registered an increase of +9.57% on the session and was between 7.345 EUR and 8.070 EUR. This implies that the price is at +9.87% from its lowest and at 0% from its highest.

7.345

8.070

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

Here is a more detailed summary of the historical variations registered by TOMTOM:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of TOMTOM in Daily shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

In fact, 14 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : Daily

MACD indicator is back over 0

Type : Bullish

Timeframe : Daily

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:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Bullish engulfing lines

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	6.465	7.042	7.518	8.070	8.400	8.715	9.223
Change (%)	-19.89%	-12.74%	-6.84%	-	+4.09%	+7.99%	+14.29%
Change	-1.605	-1.028	-0.552	-	+0.330	+0.645	+1.153
Level	Minor	Major	Major	-	Intermediate	Intermediate	Major

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	6.890	7.075	7.220	7.405	7.550	7.735	7.880
Camarilla	7.274	7.305	7.335	7.365	7.395	7.426	7.456
Woodie	6.870	7.065	7.200	7.395	7.530	7.725	7.860
Fibonacci	7.075	7.201	7.279	7.405	7.531	7.609	7.735

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.103	6.407	6.908	7.212	7.713	8.017	8.518
Camarilla	7.189	7.262	7.336	7.410	7.484	7.558	7.631
Woodie	6.203	6.456	7.008	7.261	7.813	8.066	8.618
Fibonacci	6.407	6.714	6.904	7.212	7.519	7.709	8.017

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	5.050	5.940	6.500	7.390	7.950	8.840	9.400
Camarilla	6.661	6.794	6.927	7.060	7.193	7.326	7.459
Woodie	4.885	5.858	6.335	7.308	7.785	8.758	9.235
Fibonacci	5.940	6.494	6.836	7.390	7.944	8.286	8.840

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):	64.75
MACD (12,26,9):	0.0260
Directional Movement:	11.610
AROON (14):	57.143
DEMA (21):	7.357
Parabolic SAR (0,02-0,02-0,2):	6.898
Elder Ray (13):	0.277
Super Trend (3,10):	6.678
Zig ZAG (10):	8.010
VORTEX (21):	1.0560
Stochastique (14,3,5):	82.98
TEMA (21):	7.493
Williams %R (14):	-1.12
Chande Momentum Oscillator (20):	0.950
Repulse (5,40,3):	10.9420
ROCnROLL:	1
TRIX (15,9):	-0.1680
Courbe Coppock:	8.43

MA7:	7.507
MA20:	7.241
MA50:	7.523
MA100:	7.609
MAexp7:	7.520
MAexp20:	7.370
MAexp50:	7.476
MAexp100:	7.594
Price / MA7:	+7.50%
Price / MA20:	+11.45%
Price / MA50:	+7.27%
Price / MA100:	+6.06%
Price / MAexp7:	+7.31%
Price / MAexp20:	+9.50%
Price / MAexp50:	+7.95%
Price / MAexp100:	+6.27%

Quotes : - 15 min delayed data - Euronext Amsterdam

News

The last news published on TOMTOM at the time of the generation of this analysis was as follows:

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

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