DBT
DBT
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: ALDBT
ISIN: FR001400LO86

DBT - 1H - Technical analysis published on 05/02/2024 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 1.5122 EUR
My targets
1.5900 EUR (+3.92%)
1.7333 EUR (+13.29%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on DBT. This is a positive signal for buyers. As long as the price remains above 1.5122 EUR, a purchase could be considered. The first bullish objective is located at 1.5900 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.7333 EUR as an objective. Crossing it would then enable buyers to target 1.7398 EUR. In the event of a return below 1.5122 EUR, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

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
6.6

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:
Daily Weekly

Additional analysis

Quotes

The DBT rating is 1.5300 EUR. The price has increased by +15.04% since the last closing with the lowest point at 1.2400 EUR and the highest point at 1.5300 EUR. The deviation from the price is +23.39% for the low point and 0% for the high point.

1.2400
1.5300
1.5300

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows the following items:

Central Records

New LOW record (5 years)

Type : Bearish

Timeframe : Weekly


New LOW record (1 year)

Type : Bearish

Timeframe : Weekly


New LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly


New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of DBT in 1H shows an overall bullish trend. The signals returned by the moving averages are 71.43% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Moving Average bullish crossovers : MA20 & MA50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



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

Central Candlesticks

White marubozu

Type : Bullish

Timeframe : 1 hour


Long white line

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.3000 1.3500 1.5122 1.5300 1.5900 1.7398 4.0000
Change (%) -15.03% -11.76% -1.16% - +3.92% +13.71% +161.44%
Change -0.2300 -0.1800 -0.0178 - +0.0600 +0.2098 +2.4700
Level Intermediate Minor Intermediate - Intermediate Minor Intermediate



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.04671.14331.33671.43331.62671.72331.9167
Camarilla1.45031.47681.50341.53001.55661.58321.6098
Woodie1.09501.16751.38501.45751.67501.74751.9650
Fibonacci1.14331.25411.32261.43331.54411.61261.7233


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.85671.05331.19671.39331.53671.73331.8767
Camarilla1.24651.27771.30881.34001.37121.40231.4335
Woodie0.83001.04001.17001.38001.51001.72001.8500
Fibonacci1.05331.18321.26351.39331.52321.60351.7333


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.77001.01001.17001.41001.57001.81001.9700
Camarilla1.22001.25671.29331.33001.36671.40331.4400
Woodie0.73000.99001.13001.39001.53001.79001.9300
Fibonacci1.01001.16281.25721.41001.56281.65721.8100

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): 66.85
MACD (12,26,9): 0.0260
Directional Movement: 18.2952
AROON (14): 57.1429
DEMA (21): 1.3964
Parabolic SAR (0,02-0,02-0,2): 1.2963
Elder Ray (13): 0.0721
Super Trend (3,10): 1.2697
Zig ZAG (10): 1.5300
VORTEX (21): 1.0000
Stochastique (14,3,5): 71.89
TEMA (21): 1.4324
Williams %R (14): 0.00
Chande Momentum Oscillator (20): 0.2100
Repulse (5,40,3): 12.7418
ROCnROLL: 1
TRIX (15,9): 0.0981
Courbe Coppock: 15.20
MA7: 1.4007
MA20: 1.4304
MA50: 1.7475
MA100: 2.2019
MAexp7: 1.4164
MAexp20: 1.3714
MAexp50: 1.3685
MAexp100: 1.3955
Price / MA7: +9.23%
Price / MA20: +6.96%
Price / MA50: -12.45%
Price / MA100: -30.51%
Price / MAexp7: +8.02%
Price / MAexp20: +11.56%
Price / MAexp50: +11.80%
Price / MAexp100: +9.64%

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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