VIRIDIEN

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	VIRI
ISIN:	FR001400PVN6

VIRIDIEN - 1H - Technical analysis published on 11/06/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

17%

My opinion

Bullish above 37.603 EUR

My targets

41.423 EUR (+7.29%)

44.217 EUR (+14.52%)

My analysis

The bullish trend is currently very strong on VIRIDIEN. As long as the price remains above the support at 37.603 EUR, you could try to benefit from the boom. The first bullish objective is located at 41.423 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 44.217 EUR as an objective. Crossing it would then enable buyers to target 49.033 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.4

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 VIRIDIEN price is 38.610 EUR. The price has increased by +11.70% since the last closing and was between 34.960 EUR and 41.800 EUR. This implies that the price is at +10.44% from its lowest and at -7.63% from its highest.

34.960

41.800

38.610

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

Bullish opening

Type : Bullish

Timeframe : Openning

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

The study of the highest / lowest by the Central Records scanner shows the following result:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this VIRIDIEN chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 15 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 : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	35.210	36.405	37.603	38.610	38.630	49.033	53.180
Change (%)	-8.81%	-5.71%	-2.61%	-	+0.05%	+27.00%	+37.74%
Change	-3.400	-2.205	-1.007	-	+0.020	+10.423	+14.570
Level	Minor	Minor	Major	-	Major	Minor	Intermediate

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	32.315	33.335	33.950	34.970	35.585	36.605	37.220
Camarilla	34.115	34.265	34.415	34.565	34.715	34.865	35.015
Woodie	32.113	33.234	33.748	34.869	35.383	36.504	37.018
Fibonacci	33.335	33.960	34.345	34.970	35.595	35.980	36.605

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	28.827	31.163	33.957	36.293	39.087	41.423	44.217
Camarilla	35.339	35.810	36.280	36.750	37.220	37.691	38.161
Woodie	29.055	31.278	34.185	36.408	39.315	41.538	44.445
Fibonacci	31.163	33.123	34.334	36.293	38.253	39.464	41.423

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	27.110	29.475	33.900	36.265	40.690	43.055	47.480
Camarilla	36.458	37.080	37.703	38.325	38.947	39.570	40.192
Woodie	28.140	29.990	34.930	36.780	41.720	43.570	48.510
Fibonacci	29.475	32.069	33.671	36.265	38.859	40.461	43.055

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):	65.21
MACD (12,26,9):	0.6640
Directional Movement:	27.556
AROON (14):	28.571
DEMA (21):	37.527
Parabolic SAR (0,02-0,02-0,2):	34.283
Elder Ray (13):	2.012
Super Trend (3,10):	36.800
Zig ZAG (10):	39.410
VORTEX (21):	1.1610
Stochastique (14,3,5):	72.15
TEMA (21):	38.238
Williams %R (14):	-31.63
Chande Momentum Oscillator (20):	4.250
Repulse (5,40,3):	2.5180
ROCnROLL:	1
TRIX (15,9):	0.0080
Courbe Coppock:	11.74

MA7:	37.073
MA20:	34.725
MA50:	35.350
MA100:	40.206
MAexp7:	38.194
MAexp20:	36.918
MAexp50:	36.435
MAexp100:	35.772
Price / MA7:	+4.15%
Price / MA20:	+11.19%
Price / MA50:	+9.22%
Price / MA100:	-3.97%
Price / MAexp7:	+1.09%
Price / MAexp20:	+4.58%
Price / MAexp50:	+5.97%
Price / MAexp100:	+7.93%

Quotes : - 15 min delayed data - Euronext Paris

News

Don't forget to follow the news on VIRIDIEN. 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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