FLOW TRADERS

- EUR (-)

- 15 min delayed data - Euronext Amsterdam

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	FLOW
ISIN:	BMG3602E1084

FLOW TRADERS - 1H - Technical analysis published on 08/02/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bearish

Technical indicators

50%

11%

39%

My opinion

Bearish under 16.08 EUR

My targets

15.53 EUR (-0.83%)

14.74 EUR (-5.87%)

My analysis

In a bearish trend, the price of FLOW TRADERS tries to inflate a little with a slight short-term rebound. At this stage, no trend reversal is in sight. Globally, sellers have the upper hand. Traders may allow themselves to trade short positions (for sale) as long as the price remains below the resistance located at 16.08 EUR. A bearish break in the support located at 15.53 EUR would revive the bearish momentum and fuel the basic trend. Then the price could move towards 14.74 EUR. PS: if there is a bullish break in the resistance located at 16.08 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.

Force

0.2

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

FLOW TRADERS rating 15.66 EUR. The price registered an increase of +3.44% on the session and was between 15.10 EUR and 15.70 EUR. This implies that the price is at +3.71% from its lowest and at -0.25% from its highest.

15.10

15.70

15.66

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

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:

New LOW record (5 years)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Abnormal volumes on FLOW TRADERS were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 5 days

Technical

Technical analysis of FLOW TRADERS in 1H shows an overall bearish trend. 67.86% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this bearish trend may be slowing down. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour

The probability of a further increase is slight given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

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 these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour

Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : 1 hour

Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

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:

Bullish engulfing lines

Type : Bullish

Timeframe : 1 hour

Long white line

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	14.74	15.53	15.66	16.08	16.69	18.72
Change (%)	-5.87%	-0.83%	-	+2.68%	+6.58%	+19.54%
Change	-0.92	-0.13	-	+0.42	+1.03	+3.06
Level	Intermediate	Minor	-	Major	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	14.55	14.83	14.98	15.26	15.41	15.69	15.84
Camarilla	15.02	15.06	15.10	15.14	15.18	15.22	15.26
Woodie	14.50	14.80	14.93	15.23	15.36	15.66	15.79
Fibonacci	14.83	14.99	15.09	15.26	15.42	15.52	15.69

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8.82	11.96	13.58	16.72	18.34	21.48	23.10
Camarilla	13.88	14.32	14.75	15.19	15.63	16.06	16.50
Woodie	8.05	11.58	12.81	16.34	17.57	21.10	22.33
Fibonacci	11.96	13.78	14.91	16.72	18.54	19.67	21.48

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8.28	11.50	13.44	16.66	18.60	21.82	23.76
Camarilla	13.97	14.44	14.92	15.39	15.86	16.34	16.81
Woodie	7.65	11.18	12.81	16.34	17.97	21.50	23.13
Fibonacci	11.50	13.47	14.69	16.66	18.63	19.85	21.82

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):	60.61
MACD (12,26,9):	-0.0500
Directional Movement:	10.68
AROON (14):	21.43
DEMA (21):	15.16
Parabolic SAR (0,02-0,02-0,2):	15.10
Elder Ray (13):	0.09
Super Trend (3,10):	14.82
Zig ZAG (10):	15.60
VORTEX (21):	1.0400
Stochastique (14,3,5):	45.68
TEMA (21):	15.46
Williams %R (14):	-1.79
Chande Momentum Oscillator (20):	0.41
Repulse (5,40,3):	4.0000
ROCnROLL:	-1
TRIX (15,9):	-0.0900
Courbe Coppock:	1.68

MA7:	15.82
MA20:	17.86
MA50:	18.61
MA100:	18.75
MAexp7:	15.42
MAexp20:	15.30
MAexp50:	15.85
MAexp100:	16.75
Price / MA7:	-1.01%
Price / MA20:	-12.32%
Price / MA50:	-15.85%
Price / MA100:	-16.48%
Price / MAexp7:	+1.56%
Price / MAexp20:	+2.35%
Price / MAexp50:	-1.20%
Price / MAexp100:	-6.51%

Quotes : - 15 min delayed data - Euronext Amsterdam

News

The latest news and videos published on FLOW TRADERS at the time of the analysis were as follows:

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

About author

Londinia AI

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