CERINNOV GROUP

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	ALPCV
ISIN:	FR0013178712

CERINNOV GROUP - Weekly - Technical analysis published on 09/04/2024 (GMT)

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Timeframe : Weekly
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

22%

28%

50%

My opinion

Bearish under 1.594 EUR

My targets

1.294 EUR (-10.76%)

1.016 EUR (-29.93%)

My analysis

The bearish trend is currently very strong for CERINNOV GROUP. As long as the price remains below the resistance at 1.594 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 1.294 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1.016 EUR as an objective. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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 are neutral, but do not change the general bearish opinion of this analysis.

Force

5.2

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 pierrott. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The CERINNOV GROUP price is 1.450 EUR. The price registered a decrease of -6.45% over 5 days with the lowest point at 1.450 EUR and the highest point at 1.600 EUR. The deviation from the price is 0% for the low point and -9.38% for the high point.

1.450

1.600

1.450

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by CERINNOV GROUP:

Technical

Technical analysis of CERINNOV GROUP in Weekly shows a overall strongly bearish trend. 82.14% 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, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 9 are neutral and 5 are bearish. The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near support of channel

Type : Bullish

Timeframe : Weekly

Near support of triangle

Type : Bullish

Timeframe : Weekly

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	1.016	1.294	1.450	1.594	2.057	2.982
Change (%)	-29.93%	-10.76%	-	+9.93%	+41.86%	+105.66%
Change	-0.434	-0.156	-	+0.144	+0.607	+1.532
Level	Intermediate	Major	-	Intermediate	Minor	Major

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	1.328	1.397	1.438	1.507	1.548	1.617	1.658
Camarilla	1.450	1.460	1.470	1.480	1.490	1.500	1.510
Woodie	1.315	1.390	1.425	1.500	1.535	1.610	1.645
Fibonacci	1.397	1.439	1.465	1.507	1.549	1.575	1.617

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.167	1.333	1.467	1.633	1.767	1.933	2.067
Camarilla	1.518	1.545	1.573	1.600	1.628	1.655	1.683
Woodie	1.150	1.325	1.450	1.625	1.750	1.925	2.050
Fibonacci	1.333	1.448	1.519	1.633	1.748	1.819	1.933

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.833	1.067	1.333	1.567	1.833	2.067	2.333
Camarilla	1.463	1.508	1.554	1.600	1.646	1.692	1.738
Woodie	0.850	1.075	1.350	1.575	1.850	2.075	2.350
Fibonacci	1.067	1.258	1.376	1.567	1.758	1.876	2.067

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):	39.65
MACD (12,26,9):	-0.2010
Directional Movement:	-1.129
AROON (14):	-21.429
DEMA (21):	1.357
Parabolic SAR (0,02-0,02-0,2):	1.329
Elder Ray (13):	-0.025
Super Trend (3,10):	1.867
Zig ZAG (10):	1.450
VORTEX (21):	0.9120
Stochastique (14,3,5):	46.13
TEMA (21):	1.356
Williams %R (14):	-73.91
Chande Momentum Oscillator (20):	-0.005
Repulse (5,40,3):	-8.9180
ROCnROLL:	2
TRIX (15,9):	-1.7900
Courbe Coppock:	35.13

MA7:	1.550
MA20:	1.501
MA50:	1.440
MA100:	1.623
MAexp7:	1.508
MAexp20:	1.649
MAexp50:	1.981
MAexp100:	2.041
Price / MA7:	-6.45%
Price / MA20:	-3.40%
Price / MA50:	+0.69%
Price / MA100:	-10.66%
Price / MAexp7:	-3.85%
Price / MAexp20:	-12.07%
Price / MAexp50:	-26.80%
Price / MAexp100:	-28.96%

Quotes : - 15 min delayed data - Euronext Paris

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

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