SLIGRO FOOD GROUP

- EUR (-)

- 15 min delayed data - Euronext Amsterdam

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	SLIGR
ISIN:	NL0000817179

SLIGRO FOOD GROUP - Daily - Technical analysis published on 10/17/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

22%

50%

28%

My opinion

Bearish under 12.73 EUR

My targets

11.54 EUR (-5.72%)

10.77 EUR (-12.01%)

My analysis

The bearish trend is currently very strong for SLIGRO FOOD GROUP. As long as the price remains below the resistance at 12.73 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 11.54 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 10.77 EUR as an objective. Crossing it would then enable sellers to target 7.36 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, the general bearish sentiment is not called into question, despite technical indicators being neutral.

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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The SLIGRO FOOD GROUP rating is 12.24 EUR. On the day, this instrument gained +2.69% with the lowest point at 12.14 EUR and the highest point at 12.36 EUR. The deviation from the price is +0.82% for the low point and -0.97% for the high point.

12.14

12.36

12.24

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by SLIGRO FOOD GROUP:

The Central Records scanner for higher/lower results shows an item:

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of SLIGRO FOOD GROUP indicates that the overall trend is strongly bearish. 85.71% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Moving Average bearish crossovers : MA20 & MA50

Type : Bearish

Timeframe : Daily

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : Daily

CCI indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near support of channel

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	10.77	11.54	12.06	12.24	12.32	12.73	13.31
Change (%)	-12.01%	-5.72%	-1.47%	-	+0.65%	+4.00%	+8.74%
Change	-1.47	-0.70	-0.18	-	+0.08	+0.49	+1.07
Level	Major	Intermediate	Minor	-	Intermediate	Major	Minor

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	11.55	11.73	11.83	12.01	12.11	12.29	12.39
Camarilla	11.84	11.87	11.89	11.92	11.95	11.97	12.00
Woodie	11.50	11.71	11.78	11.99	12.06	12.27	12.34
Fibonacci	11.73	11.84	11.91	12.01	12.12	12.19	12.29

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.95	12.15	12.29	12.49	12.63	12.83	12.97
Camarilla	12.35	12.38	12.41	12.44	12.47	12.50	12.53
Woodie	11.93	12.14	12.27	12.48	12.61	12.82	12.95
Fibonacci	12.15	12.28	12.36	12.49	12.62	12.70	12.83

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.99	11.49	12.05	12.55	13.11	13.61	14.17
Camarilla	12.31	12.41	12.50	12.60	12.70	12.79	12.89
Woodie	11.01	11.51	12.07	12.57	13.13	13.63	14.19
Fibonacci	11.49	11.90	12.15	12.55	12.96	13.21	13.61

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):	45.42
MACD (12,26,9):	-0.0600
Directional Movement:	-6.52
AROON (14):	-85.72
DEMA (21):	12.30
Parabolic SAR (0,02-0,02-0,2):	12.64
Elder Ray (13):	-0.06
Super Trend (3,10):	12.75
Zig ZAG (10):	12.20
VORTEX (21):	0.8200
Stochastique (14,3,5):	15.00
TEMA (21):	12.22
Williams %R (14):	-65.00
Chande Momentum Oscillator (20):	-0.20
Repulse (5,40,3):	-4.2600
ROCnROLL:	2
TRIX (15,9):	-0.0100
Courbe Coppock:	1.53

MA7:	12.30
MA20:	12.35
MA50:	12.38
MA100:	12.46
MAexp7:	12.24
MAexp20:	12.35
MAexp50:	12.40
MAexp100:	12.62
Price / MA7:	-0.49%
Price / MA20:	-0.89%
Price / MA50:	-1.13%
Price / MA100:	-1.77%
Price / MAexp7:	-0%
Price / MAexp20:	-0.89%
Price / MAexp50:	-1.29%
Price / MAexp100:	-3.01%

Quotes : - 15 min delayed data - Euronext Amsterdam

News

The last news published on SLIGRO FOOD GROUP 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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