ALPES (COMPAGNIE) - 1H - Technical analysis published on 05/24/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 15.47 EUR
My targets
16.20 EUR (+2.53%)
16.61 EUR (+5.11%)
My analysis
ALPES (COMPAGNIE) is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 15.47 EUR. The next resistance located at 16.20 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 16.61 EUR. After this resistance, buyers could then target 18.55 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
9.1
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Additional analysis
Quotes
The ALPES (COMPAGNIE) rating is 15.80 EUR. The price registered an increase of +7.19% on the session with the lowest point at 15.28 EUR and the highest point at 15.88 EUR. The deviation from the price is +3.40% for the low point and -0.50% for the high point.15.28
15.88
15.80
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this ALPES (COMPAGNIE) chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 17 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 14.78 | 15.10 | 15.47 | 15.80 | 16.20 | 18.55 | 20.87 |
| Change (%) | -6.46% | -4.43% | -2.09% | - | +2.53% | +17.41% | +32.09% |
| Change | -1.02 | -0.70 | -0.33 | - | +0.40 | +2.75 | +5.07 |
| Level | Major | Intermediate | Minor | - | Intermediate | Minor | 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 | 14.43 | 14.57 | 14.65 | 14.79 | 14.87 | 15.01 | 15.09 |
| Camarilla | 14.68 | 14.70 | 14.72 | 14.74 | 14.76 | 14.78 | 14.80 |
| Woodie | 14.41 | 14.56 | 14.63 | 14.78 | 14.85 | 15.00 | 15.07 |
| Fibonacci | 14.57 | 14.65 | 14.70 | 14.79 | 14.87 | 14.92 | 15.01 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.73 | 14.07 | 14.53 | 14.87 | 15.33 | 15.67 | 16.13 |
| Camarilla | 14.78 | 14.85 | 14.93 | 15.00 | 15.07 | 15.15 | 15.22 |
| Woodie | 13.80 | 14.10 | 14.60 | 14.90 | 15.40 | 15.70 | 16.20 |
| Fibonacci | 14.07 | 14.37 | 14.56 | 14.87 | 15.17 | 15.36 | 15.67 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.55 | 11.51 | 12.57 | 13.53 | 14.59 | 15.55 | 16.61 |
| Camarilla | 13.07 | 13.25 | 13.44 | 13.62 | 13.81 | 13.99 | 14.18 |
| Woodie | 10.59 | 11.54 | 12.61 | 13.56 | 14.63 | 15.58 | 16.65 |
| Fibonacci | 11.51 | 12.29 | 12.76 | 13.53 | 14.31 | 14.78 | 15.55 |
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): | 74.61 | |
| MACD (12,26,9): | 0.1400 | |
| Directional Movement: | 30.12 | |
| AROON (14): | 64.28 | |
| DEMA (21): | 15.25 | |
| Parabolic SAR (0,02-0,02-0,2): | 14.75 | |
| Elder Ray (13): | 0.57 | |
| Super Trend (3,10): | 15.19 | |
| Zig ZAG (10): | 15.80 | |
| VORTEX (21): | 1.0400 | |
| Stochastique (14,3,5): | 93.22 | |
| TEMA (21): | 15.37 | |
| Williams %R (14): | -6.78 | |
| Chande Momentum Oscillator (20): | 0.88 | |
| Repulse (5,40,3): | 2.2100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 3.82 |
| MA7: | 15.02 | |
| MA20: | 14.51 | |
| MA50: | 13.71 | |
| MA100: | 13.49 | |
| MAexp7: | 15.37 | |
| MAexp20: | 15.11 | |
| MAexp50: | 14.97 | |
| MAexp100: | 14.77 | |
| Price / MA7: | +5.19% | |
| Price / MA20: | +8.89% | |
| Price / MA50: | +15.24% | |
| Price / MA100: | +17.12% | |
| Price / MAexp7: | +2.80% | |
| Price / MAexp20: | +4.57% | |
| Price / MAexp50: | +5.54% | |
| Price / MAexp100: | +6.97% |
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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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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