TETRAGON FIN GRP

- USD (-)

- 15 min delayed data - Euronext Amsterdam

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	TFG
ISIN:	GG00B1RMC548

TETRAGON FIN GRP - Daily - Technical analysis published on 08/07/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Bearish

Underlying: Bearish

Technical indicators

22%

50%

28%

My opinion

Bearish under 10.39 USD

My targets

9.52 USD (-3.45%)

9.33 USD (-5.38%)

My analysis

There is a bearish trend on TETRAGON FIN GRP both at the basic level and in the short term. A sale could be considered, so long as the price remains below 10.39 USD. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 9.52 USD. Then the price could move towards 9.33 USD. Then 8.26 USD by extension. Be careful, a return to above the resistance 10.39 USD would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

4.1

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 TETRAGON FIN GRP rating is 9.86 USD. The price is lower by -0.81% since the last closing with the lowest point at 9.86 USD and the highest point at 9.96 USD. The deviation from the price is 0% for the low point and -1.00% for the high point.

9.86

9.96

9.86

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

Technical analysis of TETRAGON FIN GRP in Daily shows an overall bearish trend. The signals given by moving averages are at 67.86% bearish. This bearish trend shows slight signs of slowing down given the slightly bearish signals of short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 5 are neutral and 9 are bearish. The Central Indicators scanner found no further results concerning independent technical indicators.

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	9.33	9.52	9.77	9.86	10.39	10.82	11.36
Change (%)	-5.38%	-3.45%	-0.91%	-	+5.38%	+9.74%	+15.21%
Change	-0.53	-0.34	-0.09	-	+0.53	+0.96	+1.50
Level	Intermediate	Major	Major	-	Major	Minor	Minor

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	9.94	9.94	9.94	9.94	9.94	9.94	9.94
Camarilla	9.94	9.94	9.94	9.94	9.94	9.94	9.94
Woodie	9.94	9.94	9.94	9.94	9.94	9.94	9.94
Fibonacci	9.94	9.94	9.94	9.94	9.94	9.94	9.94

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.57	9.70	9.83	9.96	10.09	10.22	10.35
Camarilla	9.88	9.90	9.93	9.95	9.97	10.00	10.02
Woodie	9.56	9.70	9.82	9.96	10.08	10.22	10.34
Fibonacci	9.70	9.80	9.86	9.96	10.06	10.12	10.22

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.17	9.43	9.62	9.88	10.07	10.33	10.52
Camarilla	9.68	9.72	9.76	9.80	9.84	9.88	9.92
Woodie	9.13	9.41	9.58	9.86	10.03	10.31	10.48
Fibonacci	9.43	9.61	9.71	9.88	10.06	10.16	10.33

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):	46.93
MACD (12,26,9):	-0.0100
Directional Movement:	-7.64
AROON (14):	-64.29
DEMA (21):	9.91
Parabolic SAR (0,02-0,02-0,2):	10.08
Elder Ray (13):	0
Super Trend (3,10):	9.77
Zig ZAG (10):	9.86
VORTEX (21):	0.8300
Stochastique (14,3,5):	32.48
TEMA (21):	9.91
Williams %R (14):	-74.36
Chande Momentum Oscillator (20):	-0.19
Repulse (5,40,3):	-1.2300
ROCnROLL:	2
TRIX (15,9):	0.0200
Courbe Coppock:	0.74

MA7:	9.88
MA20:	9.93
MA50:	9.90
MA100:	10.03
MAexp7:	9.89
MAexp20:	9.91
MAexp50:	9.92
MAexp100:	9.89
Price / MA7:	-0.20%
Price / MA20:	-0.70%
Price / MA50:	-0.40%
Price / MA100:	-1.69%
Price / MAexp7:	-0.30%
Price / MAexp20:	-0.50%
Price / MAexp50:	-0.60%
Price / MAexp100:	-0.30%

Quotes : - 15 min delayed data - Euronext Amsterdam

News

The last news published on TETRAGON FIN GRP 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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