ENERTIME - 1H - Technical analysis published on 06/10/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
72%
11%
My opinion
Bearish under 0.3328 EUR
My targets
0.3250 EUR (-1.52%)
0.3030 EUR (-8.18%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on ENERTIME as long as the price remains well below 0.3328 EUR. The sellers' bearish objective is set at 0.3250 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.3030 EUR. In case of crossing, the next objective would be the support located at 0.2770 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
7.5
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 ENERTIME rating is 0.3300 EUR. The price is lower by -6.78% since the last closing with the lowest point at 0.3280 EUR and the highest point at 0.3400 EUR. The deviation from the price is +0.61% for the low point and -2.94% for the high point.0.3280
0.3400
0.3300
The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.
Opening Gap DOWN
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:
Technical
Technical analysis of ENERTIME in 1H shows a overall strongly bearish trend. 89.29% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
In fact, 13 technical indicators on 18 studied are currently positioned bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : 1 hour
SuperTrend indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Downside gap
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.2770 | 0.3030 | 0.3250 | 0.3300 | 0.3500 | 0.3695 | 0.3892 |
| Change (%) | -16.06% | -8.18% | -1.52% | - | +6.06% | +11.97% | +17.94% |
| Change | -0.0530 | -0.0270 | -0.0050 | - | +0.0200 | +0.0395 | +0.0592 |
| Level | Minor | Intermediate | Intermediate | - | Major | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.3393 | 0.3467 | 0.3503 | 0.3577 | 0.3613 | 0.3687 | 0.3723 |
| Camarilla | 0.3510 | 0.3520 | 0.3530 | 0.3540 | 0.3550 | 0.3560 | 0.3570 |
| Woodie | 0.3375 | 0.3458 | 0.3485 | 0.3568 | 0.3595 | 0.3678 | 0.3705 |
| Fibonacci | 0.3467 | 0.3509 | 0.3535 | 0.3577 | 0.3619 | 0.3645 | 0.3687 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.2933 | 0.3117 | 0.3328 | 0.3512 | 0.3723 | 0.3907 | 0.4118 |
| Camarilla | 0.3431 | 0.3468 | 0.3504 | 0.3540 | 0.3576 | 0.3612 | 0.3649 |
| Woodie | 0.2948 | 0.3124 | 0.3343 | 0.3519 | 0.3738 | 0.3914 | 0.4133 |
| Fibonacci | 0.3117 | 0.3268 | 0.3361 | 0.3512 | 0.3663 | 0.3756 | 0.3907 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.1075 | 0.1840 | 0.2570 | 0.3335 | 0.4065 | 0.4830 | 0.5560 |
| Camarilla | 0.2889 | 0.3026 | 0.3163 | 0.3300 | 0.3437 | 0.3574 | 0.3711 |
| Woodie | 0.1058 | 0.1831 | 0.2553 | 0.3326 | 0.4048 | 0.4821 | 0.5543 |
| Fibonacci | 0.1840 | 0.2411 | 0.2764 | 0.3335 | 0.3906 | 0.4259 | 0.4830 |
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): | 33.24 | |
| MACD (12,26,9): | -0.0026 | |
| Directional Movement: | -20.8317 | |
| AROON (14): | -92.8571 | |
| DEMA (21): | 0.3535 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.3695 | |
| Elder Ray (13): | -0.0201 | |
| Super Trend (3,10): | 0.3604 | |
| Zig ZAG (10): | 0.3280 | |
| VORTEX (21): | 0.7361 | |
| Stochastique (14,3,5): | 0.00 | |
| TEMA (21): | 0.3505 | |
| Williams %R (14): | -100.00 | |
| Chande Momentum Oscillator (20): | -0.0295 | |
| Repulse (5,40,3): | -5.6156 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0122 | |
| Courbe Coppock: | 4.21 |
| MA7: | 0.3507 | |
| MA20: | 0.3659 | |
| MA50: | 0.3800 | |
| MA100: | 0.4724 | |
| MAexp7: | 0.3506 | |
| MAexp20: | 0.3557 | |
| MAexp50: | 0.3577 | |
| MAexp100: | 0.3603 | |
| Price / MA7: | -5.90% | |
| Price / MA20: | -9.81% | |
| Price / MA50: | -13.16% | |
| Price / MA100: | -30.14% | |
| Price / MAexp7: | -5.88% | |
| Price / MAexp20: | -7.23% | |
| Price / MAexp50: | -7.74% | |
| Price / MAexp100: | -8.41% |
Quotes :
-
15 min delayed data
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Euronext Paris
News
The latest news and videos published on ENERTIME at the time of the analysis were as follows:
- ENERTIME AWARDED MOST INNOVATIVE FRENCH COMPANY IN ENERGY AND N°5 OUT OF 200 IN ALL CATEGORIES IN 2024 BY FINANCIAL NEWSPAPER "LES ECHOS"
- ENERTIME PUBLISHES ITS FIRST-HALF 2023 RESULTS
- ENERTIME PARTICIPATES IN A NEW HORIZON EUROPE PROJECT TO SUPPLY AN ORC PRODUCING 1 MW OF CO2-FREE ELECTRICITY FOR HYDROGEN PRODUCTION IN A REFINERY IN GREECE
- Enertime relays information on the launch of the Decagone project
- ENERTIME SUBMITS A NEW APPLICATION TO ADEME FOR AN ORC PROJECT IN FRANCE AND UPDATES ON THE PROGRESS OF ITS STRATEGY
This member declared not having a position on this financial instrument or a related financial instrument.
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