EUROPEAN MEDICAL S
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 12/12/2023 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 0.0189 EUR
My targets
0.0215 EUR (+7.50%)
0.0231 EUR (+15.50%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on DMS IMAGING as long as the price remains well above 0.0189 EUR. The buyers' bullish objective is set at 0.0215 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.0231 EUR. If there is any crossing, the next objective would be the resistance located at 0.0320 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.2

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:
Weekly

Additional analysis

Quotes

The DMS IMAGING price is 0.0200 EUR. The price registered an increase of +2.56% on the session and was traded between 0.0180 EUR and 0.0200 EUR over the period. The price is currently at +11.11% from its lowest and 0% from its highest.

0.0180
0.0200
0.0200

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 DMS IMAGING 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 scanner does not detect any result on moving averages that would impact this trend.

The probability of a further increase is high given the direction of the technical indicators.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

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.

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.0120 0.0170 0.0189 0.0200 0.0231 0.0320 0.0348
Change (%) -40.00% -15.00% -5.50% - +15.50% +60.00% +74.00%
Change -0.0080 -0.0030 -0.0011 - +0.0031 +0.0120 +0.0148
Level Minor Intermediate Major - Major Minor Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.01780.01820.01880.01920.01980.02020.0208
Camarilla0.01920.01930.01940.01950.01960.01970.0198
Woodie0.01800.01830.01900.01930.02000.02030.0210
Fibonacci0.01820.01860.01880.01920.01960.01980.0202


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.01520.01680.01820.01980.02120.02280.0242
Camarilla0.01870.01900.01920.01950.01980.02010.0203
Woodie0.01500.01680.01800.01980.02100.02280.0240
Fibonacci0.01680.01800.01870.01980.02100.02170.0228


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.01200.01350.01600.01750.02000.02150.0240
Camarilla0.01740.01780.01810.01850.01890.01920.0196
Woodie0.01250.01380.01650.01780.02050.02180.0245
Fibonacci0.01350.01500.01600.01750.01900.02000.0215

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 60.33
MACD (12,26,9): 0.0008
Directional Movement: 16.3753
AROON (14): 78.5714
DEMA (21): 0.0197
Parabolic SAR (0,02-0,02-0,2): 0.0143
Elder Ray (13): -0.0001
Super Trend (3,10): 0.0162
Zig ZAG (10): 0.0200
VORTEX (21): 1.0000
Stochastique (14,3,5): 59.26
TEMA (21): 0.0199
Williams %R (14): -33.33
Chande Momentum Oscillator (20): 0.0020
Repulse (5,40,3): 15.8559
ROCnROLL: 1
TRIX (15,9): 0.5986
Courbe Coppock: 19.38
MA7: 0.0196
MA20: 0.0186
MA50: 0.0170
MA100: 0.0160
MAexp7: 0.0195
MAexp20: 0.0187
MAexp50: 0.0176
MAexp100: 0.0181
Price / MA7: +2.04%
Price / MA20: +7.53%
Price / MA50: +17.65%
Price / MA100: +25.00%
Price / MAexp7: +2.56%
Price / MAexp20: +6.95%
Price / MAexp50: +13.64%
Price / MAexp100: +10.50%

Quotes : - 15 min delayed data - Euronext Bruxelles

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

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