EUROPEAN MEDICAL S

- EUR (-)

- 15 min delayed data - Euronext Bruxelles

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	ALEMS
ISIN:	BE0974289218

EUROPEAN MEDICAL S - Daily - Technical analysis published on 03/13/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

56%

44%

My opinion

Bearish under 0.0382 EUR

My targets

0.0312 EUR (-9.30%)

0.0289 EUR (-15.90%)

My analysis

Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.0382 EUR remains possible. It is advisable to trade DMS IMAGING with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.0382 EUR. The next bearish objective for sellers is set at 0.0312 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.0289 EUR. In case of crossing, the next objective would be the support located at 0.0250 EUR. PS: if there is a bullish break in the resistance located at 0.0382 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

0.7

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

DMS IMAGING rating 0.0344 EUR. The price registered an increase of +3.61% on the session with the lowest point at 0.0324 EUR and the highest point at 0.0346 EUR. The deviation from the price is +6.17% for the low point and -0.58% for the high point.

0.0324

0.0346

0.0344

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

Opening Gap DOWN

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by DMS IMAGING:

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of this Daily chart of DMS IMAGING indicates that the overall trend is bearish. 71.43% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The technical indicators are bullish. There is still some doubt about the price increase.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

The analysis of the price chart with Central Patterns scanners does not return any result.

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Piercing line

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	0.0250	0.0344	0.1301	0.1556	0.2135
Change (%)	-27.33%	-	+278.20%	+352.33%	+520.64%
Change	-0.0094	-	+0.0957	+0.1212	+0.1791
Level	Intermediate	-	Major	Intermediate	Minor

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.0308	0.0316	0.0330	0.0338	0.0352	0.0360	0.0374
Camarilla	0.0338	0.0340	0.0342	0.0344	0.0346	0.0348	0.0350
Woodie	0.0311	0.0318	0.0333	0.0340	0.0355	0.0362	0.0377
Fibonacci	0.0316	0.0324	0.0330	0.0338	0.0346	0.0352	0.0360

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.0217	0.0259	0.0289	0.0331	0.0361	0.0403	0.0433
Camarilla	0.0300	0.0307	0.0313	0.0320	0.0327	0.0333	0.0340
Woodie	0.0212	0.0256	0.0284	0.0328	0.0356	0.0400	0.0428
Fibonacci	0.0259	0.0286	0.0303	0.0331	0.0358	0.0375	0.0403

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.0118	0.0180	0.0250	0.0312	0.0382	0.0444	0.0514
Camarilla	0.0284	0.0296	0.0308	0.0320	0.0332	0.0344	0.0356
Woodie	0.0122	0.0182	0.0254	0.0314	0.0386	0.0446	0.0518
Fibonacci	0.0180	0.0230	0.0262	0.0312	0.0362	0.0394	0.0444

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):	51.40
MACD (12,26,9):	-0.0006
Directional Movement:	0.4539
AROON (14):	28.5714
DEMA (21):	0.0307
Parabolic SAR (0,02-0,02-0,2):	0.0320
Elder Ray (13):	0.0007
Super Trend (3,10):	0.0253
Zig ZAG (10):	0.0344
VORTEX (21):	1.1162
Stochastique (14,3,5):	74.06
TEMA (21):	0.0363
Williams %R (14):	-26.32
Chande Momentum Oscillator (20):	0.0078
Repulse (5,40,3):	6.1844
ROCnROLL:	-1
TRIX (15,9):	-0.6018
Courbe Coppock:	54.50

MA7:	0.0334
MA20:	0.0307
MA50:	0.0345
MA100:	0.0775
MAexp7:	0.0335
MAexp20:	0.0326
MAexp50:	0.0435
MAexp100:	0.0700
Price / MA7:	+2.99%
Price / MA20:	+12.05%
Price / MA50:	-0.29%
Price / MA100:	-55.61%
Price / MAexp7:	+2.69%
Price / MAexp20:	+5.52%
Price / MAexp50:	-20.92%
Price / MAexp100:	-50.86%

Quotes : - 15 min delayed data - Euronext Bruxelles

News

The latest news and videos published on DMS IMAGING 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.

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