CROSSJECT - 1H - Technical analysis published on 04/03/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 2.490 EUR
My targets
2.177 EUR (-2.60%)
1.708 EUR (-23.58%)
My analysis
CROSSJECT is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 2.490 EUR. The next support located at 2.177 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 1.708 EUR. Below this support, sellers could then target 1.107 EUR. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7.5
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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 CROSSJECT price is 2.235 EUR. On the day, this instrument lost -29.05% and was traded between 1.828 EUR and 2.400 EUR over the period. The price is currently at +22.26% from its lowest and -6.88% from its highest.1.828
2.400
2.235
The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.
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:
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of CROSSJECT in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : 1 hour
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.107 | 1.708 | 2.177 | 2.235 | 2.510 | 3.010 | 3.259 |
| Change (%) | -50.47% | -23.58% | -2.60% | - | +12.30% | +34.68% | +45.82% |
| Change | -1.128 | -0.527 | -0.058 | - | +0.275 | +0.775 | +1.024 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate | Intermediate | 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 | 2.877 | 2.943 | 3.047 | 3.113 | 3.217 | 3.283 | 3.387 |
| Camarilla | 3.103 | 3.119 | 3.134 | 3.150 | 3.166 | 3.181 | 3.197 |
| Woodie | 2.895 | 2.953 | 3.065 | 3.123 | 3.235 | 3.293 | 3.405 |
| Fibonacci | 2.943 | 3.008 | 3.048 | 3.113 | 3.178 | 3.218 | 3.283 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.490 | 2.750 | 2.950 | 3.210 | 3.410 | 3.670 | 3.870 |
| Camarilla | 3.024 | 3.066 | 3.108 | 3.150 | 3.192 | 3.234 | 3.277 |
| Woodie | 2.460 | 2.735 | 2.920 | 3.195 | 3.380 | 3.655 | 3.840 |
| Fibonacci | 2.750 | 2.926 | 3.034 | 3.210 | 3.386 | 3.494 | 3.670 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.183 | 2.597 | 2.873 | 3.287 | 3.563 | 3.977 | 4.253 |
| Camarilla | 2.960 | 3.024 | 3.087 | 3.150 | 3.213 | 3.277 | 3.340 |
| Woodie | 2.115 | 2.563 | 2.805 | 3.253 | 3.495 | 3.943 | 4.185 |
| Fibonacci | 2.597 | 2.860 | 3.023 | 3.287 | 3.550 | 3.713 | 3.977 |
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): | 21.20 | |
| MACD (12,26,9): | -0.2540 | |
| Directional Movement: | -38.492 | |
| AROON (14): | -28.572 | |
| DEMA (21): | 2.430 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.052 | |
| Elder Ray (13): | -0.364 | |
| Super Trend (3,10): | 2.567 | |
| Zig ZAG (10): | 2.200 | |
| VORTEX (21): | 0.9840 | |
| Stochastique (14,3,5): | 29.12 | |
| TEMA (21): | 2.264 | |
| Williams %R (14): | -72.49 | |
| Chande Momentum Oscillator (20): | -0.860 | |
| Repulse (5,40,3): | -0.3110 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.7440 | |
| Courbe Coppock: | 44.40 |
| MA7: | 3.105 | |
| MA20: | 3.290 | |
| MA50: | 3.955 | |
| MA100: | 4.332 | |
| MAexp7: | 2.394 | |
| MAexp20: | 2.728 | |
| MAexp50: | 3.000 | |
| MAexp100: | 3.164 | |
| Price / MA7: | -28.02% | |
| Price / MA20: | -32.07% | |
| Price / MA50: | -43.49% | |
| Price / MA100: | -48.41% | |
| Price / MAexp7: | -6.64% | |
| Price / MAexp20: | -18.07% | |
| Price / MAexp50: | -25.50% | |
| Price / MAexp100: | -29.36% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The last news published on CROSSJECT at the time of the generation of this analysis was as follows:
- Crossject trading on Euronext to resume as usual on Wednesday April 3
- Crossject advances in its U.S. Strategy and reports Financial Results for 2023
- Crossject gender equality score reaches 96/100 in 2024
- Crossject obtains a financing up to €12 million, in two tranches
- Crossject to host a business briefing on commercial strategy on February 6 at 17:30 CET
This member declared not having a position on this financial instrument or a related financial instrument.
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