DERICHEBOURG - 1H - Technical analysis published on 07/12/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 5.220 EUR
My targets
5.514 EUR (+4.04%)
5.730 EUR (+8.11%)
My analysis
The bullish trend is currently very strong on DERICHEBOURG. As long as the price remains above the support at 5.220 EUR, you could try to benefit from the boom. The first bullish objective is located at 5.514 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 5.730 EUR as an objective. Crossing it would then enable buyers to target 6.190 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.8
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Additional analysis
Quotes
DERICHEBOURG rating 5.300 EUR. The price has increased by +4.02% since the last closing with the lowest point at 5.125 EUR and the highest point at 5.350 EUR. The deviation from the price is +3.41% for the low point and -0.93% for the high point.5.125
5.350
5.300
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
Opening Gap UP
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:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of DERICHEBOURG indicates that the overall trend is strongly bullish. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Piercing line
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 5.141 | 5.177 | 5.220 | 5.300 | 5.730 | 6.190 | 6.510 |
| Change (%) | -3.00% | -2.32% | -1.51% | - | +8.11% | +16.79% | +22.83% |
| Change | -0.159 | -0.123 | -0.080 | - | +0.430 | +0.890 | +1.210 |
| Level | Minor | Major | Intermediate | - | 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 | 4.942 | 4.978 | 5.037 | 5.073 | 5.132 | 5.168 | 5.227 |
| Camarilla | 5.069 | 5.078 | 5.086 | 5.095 | 5.104 | 5.112 | 5.121 |
| Woodie | 4.953 | 4.984 | 5.048 | 5.079 | 5.143 | 5.174 | 5.238 |
| Fibonacci | 4.978 | 5.015 | 5.037 | 5.073 | 5.110 | 5.132 | 5.168 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.560 | 4.731 | 4.878 | 5.049 | 5.196 | 5.367 | 5.514 |
| Camarilla | 4.938 | 4.967 | 4.996 | 5.025 | 5.054 | 5.083 | 5.113 |
| Woodie | 4.548 | 4.725 | 4.866 | 5.043 | 5.184 | 5.361 | 5.502 |
| Fibonacci | 4.731 | 4.853 | 4.928 | 5.049 | 5.171 | 5.246 | 5.367 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.490 | 4.646 | 4.868 | 5.024 | 5.246 | 5.402 | 5.624 |
| Camarilla | 4.986 | 5.021 | 5.055 | 5.090 | 5.125 | 5.159 | 5.194 |
| Woodie | 4.523 | 4.663 | 4.901 | 5.041 | 5.279 | 5.419 | 5.657 |
| Fibonacci | 4.646 | 4.790 | 4.880 | 5.024 | 5.168 | 5.258 | 5.402 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 73.51 | |
| MACD (12,26,9): | 0.0740 | |
| Directional Movement: | 31.456 | |
| AROON (14): | 71.428 | |
| DEMA (21): | 5.238 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.196 | |
| Elder Ray (13): | 0.093 | |
| Super Trend (3,10): | 5.188 | |
| Zig ZAG (10): | 5.310 | |
| VORTEX (21): | 1.1860 | |
| Stochastique (14,3,5): | 87.10 | |
| TEMA (21): | 5.300 | |
| Williams %R (14): | -14.93 | |
| Chande Momentum Oscillator (20): | 0.260 | |
| Repulse (5,40,3): | 0.7460 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1190 | |
| Courbe Coppock: | 9.33 |
| MA7: | 5.093 | |
| MA20: | 5.026 | |
| MA50: | 5.165 | |
| MA100: | 5.376 | |
| MAexp7: | 5.258 | |
| MAexp20: | 5.157 | |
| MAexp50: | 5.095 | |
| MAexp100: | 5.064 | |
| Price / MA7: | +4.06% | |
| Price / MA20: | +5.45% | |
| Price / MA50: | +2.61% | |
| Price / MA100: | -1.41% | |
| Price / MAexp7: | +0.80% | |
| Price / MAexp20: | +2.77% | |
| Price / MAexp50: | +4.02% | |
| Price / MAexp100: | +4.66% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
Don't forget to follow the news on DERICHEBOURG. At the time of publication of this analysis, the latest news was as follows:
- Information mensuelle relative au nombre total de droits de vote et d’actions composant le capital social au 31 mai 2023
- First half 2022-2023 results
- Creation of a new international leader in contract catering and multiservices
- Derichebourg Multiservices and Elior Group plan to create a leading catering and multiservices firm
- Press release
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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