INVIBES ADVERTSING - Weekly - Technical analysis published on 05/03/2024 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
6%
67%
28%
My opinion
Bearish under 5.63 EUR
My targets
4.97 EUR (-8.92%)
4.27 EUR (-21.85%)
My analysis
The bearish basic trend is very strong on INVIBES ADVERTSING but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 5.63 EUR. Crossing the first support at 4.97 EUR would be a sign of a further potential price plummet. Sellers would then use the next support located at 4.27 EUR as an objective. Crossing it would then enable sellers to target 3.40 EUR. Caution, a return to above the resistance located at 5.63 EUR would be a sign of a possible consolidation phase of the short-term basic trend. 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, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7
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This analysis was given by pierrott. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The INVIBES ADVERTSING price is 5.46 EUR. The price registered a decrease of -7.14% over 5 days and has been traded over the last 5 days between 5.44 EUR and 5.86 EUR. This implies that the 5 day price is +0.37% from its lowest point and -6.83% from its highest point.5.44
5.86
5.46
A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Weekly chart of INVIBES ADVERTSING indicates that the overall trend is strongly bearish. 85.71% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : Weekly
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : Weekly
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : Weekly
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : Weekly
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : Weekly
Technical indicators are bearish. There is still some doubt about the decline in the price.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Weekly
Aroon indicator bearish trend
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : Weekly
Near support of channel
Type : Bullish
Timeframe : Weekly
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 3.40 | 5.46 | 5.63 | 7.73 | 11.07 |
| Change (%) | -37.73% | - | +3.11% | +41.58% | +102.75% |
| Change | -2.06 | - | +0.17 | +2.27 | +5.61 |
| Level | Intermediate | - | Major | Intermediate | Minor |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 5.53 | 5.55 | 5.57 | 5.59 | 5.61 | 5.63 | 5.65 |
| Camarilla | 5.57 | 5.57 | 5.58 | 5.58 | 5.58 | 5.59 | 5.59 |
| Woodie | 5.52 | 5.55 | 5.56 | 5.59 | 5.60 | 5.63 | 5.64 |
| Fibonacci | 5.55 | 5.57 | 5.58 | 5.59 | 5.61 | 5.62 | 5.63 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.32 | 4.88 | 5.38 | 5.94 | 6.44 | 7.00 | 7.50 |
| Camarilla | 5.59 | 5.69 | 5.78 | 5.88 | 5.98 | 6.07 | 6.17 |
| Woodie | 4.29 | 4.87 | 5.35 | 5.93 | 6.41 | 6.99 | 7.47 |
| Fibonacci | 4.88 | 5.29 | 5.54 | 5.94 | 6.35 | 6.60 | 7.00 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.09 | 4.27 | 4.97 | 6.15 | 6.85 | 8.03 | 8.73 |
| Camarilla | 5.16 | 5.34 | 5.51 | 5.68 | 5.85 | 6.03 | 6.20 |
| Woodie | 2.86 | 4.15 | 4.74 | 6.03 | 6.62 | 7.91 | 8.50 |
| Fibonacci | 4.27 | 4.99 | 5.43 | 6.15 | 6.87 | 7.31 | 8.03 |
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): | 44.66 | |
| MACD (12,26,9): | 0.1800 | |
| Directional Movement: | -2.80 | |
| AROON (14): | -92.86 | |
| DEMA (21): | 6.49 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.56 | |
| Elder Ray (13): | -0.65 | |
| Super Trend (3,10): | 5.13 | |
| Zig ZAG (10): | 5.46 | |
| VORTEX (21): | 1.0400 | |
| Stochastique (14,3,5): | 22.22 | |
| TEMA (21): | 6.63 | |
| Williams %R (14): | -99.15 | |
| Chande Momentum Oscillator (20): | -1.14 | |
| Repulse (5,40,3): | -15.7600 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.9200 | |
| Courbe Coppock: | 16.52 |
| MA7: | 5.85 | |
| MA20: | 6.35 | |
| MA50: | 6.54 | |
| MA100: | 6.20 | |
| MAexp7: | 6.23 | |
| MAexp20: | 6.21 | |
| MAexp50: | 6.32 | |
| MAexp100: | 7.57 | |
| Price / MA7: | -6.67% | |
| Price / MA20: | -14.02% | |
| Price / MA50: | -16.51% | |
| Price / MA100: | -11.94% | |
| Price / MAexp7: | -12.36% | |
| Price / MAexp20: | -12.08% | |
| Price / MAexp50: | -13.61% | |
| Price / MAexp100: | -27.87% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The last news published on INVIBES ADVERTSING at the time of the generation of this analysis was as follows:
- Invibes Advertising : 2024/2025 financial agenda.
- Invibes Advertising : 2024/2025 financial agenda.
- Invibes Advertising : 6% growth in Q1 2024 sales.
- Invibes Advertising : 6% growth in Q1 2024 sales.
- Invibes Advertising : Strong growth in annual results 2023.
This member declared not having a position on this financial instrument or a related financial instrument.
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