DEVOTEAM
DEVOTEAM
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: DVT
ISIN: FR0000073793

DEVOTEAM - Daily - Technical analysis published on 02/12/2020 (GMT)

  • 347
  • 0
  • Who voted?
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
  • Timeframe : Daily
  • - Analysis generated on
  • Status : INVALID

Download a full-size picture

Summary of the analysis

Trends
Court terme: Bullish
De fond: Slightly bullish
Technical indicators
56%
17%
28%
My opinion
Bullish above 84.0 EUR
My targets
91.2 EUR (+3.28%)
95.6 EUR (+8.27%)
My analysis
The basic trend is currently slightly bullish on DEVOTEAM and the short term does not seem to show any sign of improvement. Buyers are struggling to get their hands on this instrument. However, as long as the price remains above 84.0 EUR, purchases could be favourable. The first bullish objective would be the resistance located at 91.2 EUR. Then the price could move towards 95.6 EUR. Then 102.8 EUR by extension. A return under the support to 84.0 EUR could jeopardize this fragile bullish trend. Indecision would then be total and in this case you could keep away.

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
3.8

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 Vincent Launay.

Additional analysis

Quotes

The DEVOTEAM price is 88.3 EUR. On the day, this instrument gained +0.46% with the lowest point at 87.9 EUR and the highest point at 88.5 EUR. The deviation from the price is +0.46% for the low point and -0.23% for the high point.

87.9
88.5
88.3

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

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



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

Technical


Technical analysis of DEVOTEAM in Daily shows an overall slightly bullish trend. 60.71% of the signals given by moving averages are bullish. The slightly bullish signals given by short-term moving averages do not show a strengthening of this global trend. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily



The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly


RSI indicator is back over 50

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily



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

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily


Support of channel is broken

Type : Bearish

Timeframe : Daily



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 73.7 79.2 84.0 88.3 91.2 95.6 102.8
Change (%) -16.53% -10.31% -4.87% - +3.28% +8.27% +16.42%
Change -14.6 -9.1 -4.3 - +2.9 +7.3 +14.5
Level Major Major Intermediate - Intermediate Major Intermediate



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard83.084.286.187.389.290.492.3
Camarilla87.187.387.687.988.288.588.8
Woodie83.384.486.487.589.590.692.6
Fibonacci84.285.486.287.388.589.390.4


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard78.680.681.783.784.886.887.9
Camarilla82.082.282.582.883.183.483.7
Woodie78.280.481.383.584.486.687.5
Fibonacci80.681.882.583.784.985.686.8


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard68.075.980.288.192.4100.3104.6
Camarilla81.282.383.484.585.686.787.9
Woodie66.275.078.487.290.699.4102.8
Fibonacci75.980.683.488.192.895.6100.3

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): 52.30
MACD (12,26,9): -1.2000
Directional Movement: -4.1
AROON (14): -78.6
DEMA (21): 85.6
Parabolic SAR (0,02-0,02-0,2): 88.6
Elder Ray (13): 1.6
Super Trend (3,10): 90.7
Zig ZAG (10): 88.3
VORTEX (21): 1.0000
Stochastique (14,3,5): 54.40
TEMA (21): 84.8
Williams %R (14): -35.10
Chande Momentum Oscillator (20): -2.1
Repulse (5,40,3): 3.0000
ROCnROLL: 1
TRIX (15,9): -0.2000
Courbe Coppock: 6.60
MA7: 85.4
MA20: 87.0
MA50: 90.4
MA100: 85.2
MAexp7: 86.3
MAexp20: 87.2
MAexp50: 88.2
MAexp100: 88.4
Price / MA7: +3.40%
Price / MA20: +1.49%
Price / MA50: -2.32%
Price / MA100: +3.64%
Price / MAexp7: +2.32%
Price / MAexp20: +1.26%
Price / MAexp50: +0.11%
Price / MAexp100: -0.11%

News


The last news published on DEVOTEAM at the time of the generation of this analysis was as follows:

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

About author

Online

Overall rating :
15878
Number of analyses :
Followers :
0
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…

Add a comment

Comments

0 comments on the analysis DEVOTEAM - Daily