CTAC

- EUR (-)

- 15 min delayed data - Euronext Amsterdam

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	CTAC
ISIN:	NL0000345577

CTAC - Daily - Technical analysis published on 05/22/2024 (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

50%

28%

22%

My opinion

Bearish under 3.44 EUR

My targets

3.07 EUR (-3.15%)

2.64 EUR (-16.72%)

My analysis

CTAC is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 3.44 EUR. The next support located at 3.07 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 2.64 EUR. Below this support, sellers could then target 1.93 EUR. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

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 CTAC price is 3.17 EUR. On the day, this instrument lost -0.63% and was traded between 3.09 EUR and 3.18 EUR over the period. The price is currently at +2.59% from its lowest and -0.31% from its highest.

3.09

3.18

3.17

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

Technical

A technical analysis in Daily of this CTAC chart shows a sharp bearish trend. 89.29% 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 does not detect any result on moving averages that would impact this trend.

In fact, of the 18 technical indicators analysed by Central Analyzer, 9 are bullish, 4 are neutral and 5 are bearish. No additional result has been identified by Central Indicators, the scanner specialised in 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	1.93	2.64	3.07	3.17	3.20	3.44	3.57
Change (%)	-39.12%	-16.72%	-3.15%	-	+0.95%	+8.52%	+12.62%
Change	-1.24	-0.53	-0.10	-	+0.03	+0.27	+0.40
Level	Minor	Major	Major	-	Major	Major	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.96	3.01	3.10	3.15	3.24	3.29	3.38
Camarilla	3.15	3.16	3.18	3.19	3.20	3.22	3.23
Woodie	2.98	3.02	3.12	3.16	3.26	3.30	3.40
Fibonacci	3.01	3.06	3.10	3.15	3.20	3.24	3.29

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.92	2.98	3.07	3.13	3.22	3.28	3.37
Camarilla	3.11	3.12	3.14	3.15	3.16	3.18	3.19
Woodie	2.93	2.99	3.08	3.14	3.23	3.29	3.38
Fibonacci	2.98	3.04	3.08	3.13	3.19	3.23	3.28

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.57	2.29	2.67	3.39	3.77	4.49	4.87
Camarilla	2.76	2.86	2.96	3.06	3.16	3.26	3.36
Woodie	1.41	2.21	2.51	3.31	3.61	4.41	4.71
Fibonacci	2.29	2.71	2.97	3.39	3.81	4.07	4.49

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):	41.79
MACD (12,26,9):	-0.1100
Directional Movement:	-14.82
AROON (14):	0
DEMA (21):	3.09
Parabolic SAR (0,02-0,02-0,2):	3.22
Elder Ray (13):	-0.05
Super Trend (3,10):	3.41
Zig ZAG (10):	3.17
VORTEX (21):	0.7200
Stochastique (14,3,5):	75.57
TEMA (21):	3.03
Williams %R (14):	-16.67
Chande Momentum Oscillator (20):	0.14
Repulse (5,40,3):	2.3800
ROCnROLL:	2
TRIX (15,9):	-0.5600
Courbe Coppock:	9.14

MA7:	3.14
MA20:	3.20
MA50:	3.45
MA100:	3.38
MAexp7:	3.15
MAexp20:	3.24
MAexp50:	3.36
MAexp100:	3.39
Price / MA7:	+0.96%
Price / MA20:	-0.94%
Price / MA50:	-8.12%
Price / MA100:	-6.21%
Price / MAexp7:	+0.63%
Price / MAexp20:	-2.16%
Price / MAexp50:	-5.65%
Price / MAexp100:	-6.49%

Quotes : - 15 min delayed data - Euronext Amsterdam

News

Don't forget to follow the news on CTAC. At the time of publication of this analysis, the latest news was as follows:

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

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