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

DBT - Daily - Technical analysis published on 06/03/2024 (GMT)

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

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
11%
61%
28%
My opinion
Bearish under 1.2767 EUR
My targets
1.0835 EUR (-4.95%)
1.0235 EUR (-10.22%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on DBT as long as the price remains well below 1.2767 EUR. The sellers' bearish objective is set at 1.0835 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.0235 EUR. In case of crossing, the next objective would be the support located at 0.8669 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7.7

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:
Weekly

Additional analysis

Quotes

DBT rating 1.1400 EUR. On the day, this instrument lost -3.39% and was between 1.1000 EUR and 1.2000 EUR. This implies that the price is at +3.64% from its lowest and at -5.00% from its highest.

1.1000
1.2000
1.1400

A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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


New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Abnormal volumes on DBT were detected by the Central Volumes scanner:

Central Volumes

Abnormal volumes

Timeframe : 5 days

Technical


Technical analysis of DBT in Daily shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

Technical indicators are bearish. There is still some doubt about the decline in the price.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

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

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


ProTrendLines
R1
R2
R3
Price


PriceR1R2R3
ProTrendLines 1.1400 1.3200 4.0000 5.0000
Change (%) - +15.79% +250.88% +338.60%
Change - +0.1800 +2.8600 +3.8600
Level - Intermediate Major Minor



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
Standard0.99331.04671.09331.14671.19331.24671.2933
Camarilla1.11251.12171.13081.14001.14921.15831.1675
Woodie0.99001.04501.09001.14501.19001.24501.2900
Fibonacci1.04671.08491.10851.14671.18491.20851.2467


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.85390.98711.08351.21671.31311.44631.5427
Camarilla1.11691.13791.15901.18001.20111.22211.2431
Woodie0.83560.97791.06521.20751.29481.43711.5244
Fibonacci0.98711.07481.12901.21671.30441.35861.4463


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.61370.86691.02351.27671.43331.68651.8431
Camarilla1.06731.10491.14241.18001.21761.25511.2927
Woodie0.56530.84280.97511.25261.38491.66241.7947
Fibonacci0.86691.02351.12021.27671.43331.53001.6865

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): 30.95
MACD (12,26,9): -0.0770
Directional Movement: -12.0240
AROON (14): -92.8571
DEMA (21): 1.2229
Parabolic SAR (0,02-0,02-0,2): 1.3940
Elder Ray (13): -0.1311
Super Trend (3,10): 1.4384
Zig ZAG (10): 1.1400
VORTEX (21): 0.8340
Stochastique (14,3,5): 11.74
TEMA (21): 1.2259
Williams %R (14): -89.74
Chande Momentum Oscillator (20): -0.2900
Repulse (5,40,3): -9.9979
ROCnROLL: 2
TRIX (15,9): -0.5294
Courbe Coppock: 26.28
MA7: 1.2386
MA20: 1.3477
MA50: 1.4279
MA100: 1.9064
MAexp7: 1.2305
MAexp20: 1.3201
MAexp50: 1.5122
MAexp100: 2.0071
Price / MA7: -7.96%
Price / MA20: -15.41%
Price / MA50: -20.16%
Price / MA100: -40.20%
Price / MAexp7: -7.35%
Price / MAexp20: -13.64%
Price / MAexp50: -24.61%
Price / MAexp100: -43.20%

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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