COHERIS

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	COH
ISIN:	FR0004031763

COHERIS - Daily - Technical analysis published on 08/09/2024 (GMT)

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08/09/2024 - 13:35
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Londinia

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Timeframe : Daily
- Analysis generated on 08/09/2024 - 13:35
Status : INVALID

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

50%

22%

28%

My opinion

Bullish above 6.42 EUR

My targets

6.81 EUR (+2.56%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on COHERIS as long as the price remains well above 6.42 EUR. The buyers' bullish objective is set at 6.81 EUR. A bullish break in this resistance would boost the bullish momentum. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

Force

5.5

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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

COHERIS rating 6.64 EUR. The price registered an increase of +7.79% on the session and was traded between 6.38 EUR and 6.64 EUR over the period. The price is currently at +4.08% from its lowest and 0% from its highest.

6.38

6.64

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

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, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this COHERIS chart shows a strongly bullish trend. 82.14% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

In fact, of the 18 technical indicators analysed by Central Analyzer, 9 are bullish, 5 are neutral and 4 are bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near resistance of channel

Type : Bearish

Timeframe : Daily

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	5.09	5.88	6.42	6.64	6.81
Change (%)	-23.34%	-11.45%	-3.31%	-	+2.56%
Change	-1.55	-0.76	-0.22	-	+0.17
Level	Minor	Major	Minor	-	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	5.84	6.00	6.08	6.24	6.32	6.48	6.56
Camarilla	6.09	6.12	6.14	6.16	6.18	6.20	6.23
Woodie	5.80	5.98	6.04	6.22	6.28	6.46	6.52
Fibonacci	6.00	6.09	6.15	6.24	6.33	6.39	6.48

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	5.36	5.74	5.94	6.32	6.52	6.90	7.10
Camarilla	5.98	6.03	6.09	6.14	6.19	6.25	6.30
Woodie	5.27	5.70	5.85	6.28	6.43	6.86	7.01
Fibonacci	5.74	5.96	6.10	6.32	6.54	6.68	6.90

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	5.47	5.75	6.21	6.49	6.95	7.23	7.69
Camarilla	6.46	6.52	6.59	6.66	6.73	6.80	6.86
Woodie	5.55	5.80	6.29	6.54	7.03	7.28	7.77
Fibonacci	5.75	6.04	6.21	6.49	6.78	6.95	7.23

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):	54.78
MACD (12,26,9):	-0.0300
Directional Movement:	-20.58
AROON (14):	-71.43
DEMA (21):	6.42
Parabolic SAR (0,02-0,02-0,2):	5.62
Elder Ray (13):	0.09
Super Trend (3,10):	6.87
Zig ZAG (10):	6.64
VORTEX (21):	0.8000
Stochastique (14,3,5):	70.08
TEMA (21):	6.36
Williams %R (14):	-5.56
Chande Momentum Oscillator (20):	-0.06
Repulse (5,40,3):	6.1500
ROCnROLL:	1
TRIX (15,9):	0.0000
Courbe Coppock:	8.80

MA7:	6.33
MA20:	6.51
MA50:	6.43
MA100:	6.07
MAexp7:	6.39
MAexp20:	6.44
MAexp50:	6.38
MAexp100:	6.11
Price / MA7:	+4.90%
Price / MA20:	+2.00%
Price / MA50:	+3.27%
Price / MA100:	+9.39%
Price / MAexp7:	+3.91%
Price / MAexp20:	+3.11%
Price / MAexp50:	+4.08%
Price / MAexp100:	+8.67%

Quotes : 08/09/2024 - 10:00 - 15 min delayed data - Euronext Paris

News

The latest news and videos published on COHERIS at the time of the analysis were as follows:

02/08/2017 - 00:45 Coheris

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

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