SIGNIFY NV

- EUR (-)

- 15 min delayed data - Euronext Amsterdam

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	LIGHT
ISIN:	NL0011821392

SIGNIFY NV - 1H - Technical analysis published on 01/09/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Neutral

Technical indicators

83%

11%

My opinion

Bullish above 28.99 EUR

My targets

30.10 EUR (+1.04%)

30.74 EUR (+3.19%)

My analysis

The current short-term bullish acceleration on SIGNIFY NV should quickly allow the basic trend to return to bullish. To avoid contradicting the short term, traders may prefer long positions (at the time of purchase) as long as the price remains well above 28.99 EUR. Short-term buyers will use the resistance located at 30.10 EUR as an objective. A bullish break in this resistance would boost the bullish momentum. The next bullish objective would then be set at 30.74 EUR. Crossing this resistance would then open the door for buyers to target 32.81 EUR. Caution, if there is a return to under 28.99 EUR, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend sellers, many of whom will certainly benefit from this movement.

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

4.3

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.

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Additional analysis

Quotes

The SIGNIFY NV rating is 29.79 EUR. On the day, this instrument gained +1.99% and was traded between 28.94 EUR and 29.82 EUR over the period. The price is currently at +2.94% from its lowest and -0.10% from its highest.

28.94

29.82

29.79

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by SIGNIFY NV:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of SIGNIFY NV in 1H shows a neutral overall trend. This indecision could turn into a bullish trend due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

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

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	28.10	28.54	28.99	29.79	30.10	30.74	32.81
Change (%)	-5.67%	-4.20%	-2.69%	-	+1.04%	+3.19%	+10.14%
Change	-1.69	-1.25	-0.80	-	+0.31	+0.95	+3.02
Level	Intermediate	Minor	Major	-	Intermediate	Major	Intermediate

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	28.35	28.52	28.87	29.04	29.39	29.56	29.91
Camarilla	29.07	29.12	29.16	29.21	29.26	29.31	29.35
Woodie	28.43	28.57	28.95	29.09	29.47	29.61	29.99
Fibonacci	28.52	28.72	28.85	29.04	29.24	29.37	29.56

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	25.27	26.69	27.73	29.15	30.19	31.61	32.65
Camarilla	28.10	28.33	28.56	28.78	29.01	29.23	29.46
Woodie	25.09	26.60	27.55	29.06	30.01	31.52	32.47
Fibonacci	26.69	27.63	28.21	29.15	30.09	30.67	31.61

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	23.93	25.43	27.88	29.38	31.83	33.33	35.78
Camarilla	29.23	29.60	29.96	30.32	30.68	31.04	31.41
Woodie	24.40	25.67	28.35	29.62	32.30	33.57	36.25
Fibonacci	25.43	26.94	27.87	29.38	30.89	31.82	33.33

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):	67.42
MACD (12,26,9):	0.0800
Directional Movement:	17.78
AROON (14):	85.71
DEMA (21):	29.20
Parabolic SAR (0,02-0,02-0,2):	29.04
Elder Ray (13):	0.51
Super Trend (3,10):	29.11
Zig ZAG (10):	29.77
VORTEX (21):	1.2500
Stochastique (14,3,5):	91.78
TEMA (21):	29.44
Williams %R (14):	-2.70
Chande Momentum Oscillator (20):	0.86
Repulse (5,40,3):	2.0600
ROCnROLL:	1
TRIX (15,9):	-0.0200
Courbe Coppock:	4.11

MA7:	29.53
MA20:	29.74
MA50:	27.80
MA100:	26.40
MAexp7:	29.37
MAexp20:	29.15
MAexp50:	29.31
MAexp100:	29.49
Price / MA7:	+0.88%
Price / MA20:	+0.17%
Price / MA50:	+7.16%
Price / MA100:	+12.84%
Price / MAexp7:	+1.43%
Price / MAexp20:	+2.20%
Price / MAexp50:	+1.64%
Price / MAexp100:	+1.02%

Quotes : - 15 min delayed data - Euronext Amsterdam

News

Don't forget to follow the news on SIGNIFY NV. At the time of publication of this analysis, the latest news was as follows:

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

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