EVERGREEN

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	EGR
ISIN:	FR0000035784

EVERGREEN - Daily - Technical analysis published on 10/31/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

22%

My opinion

Bullish above 2.94 EUR

My targets

3.12 EUR (+4.00%)

3.18 EUR (+6.00%)

My analysis

The bullish trend is currently very strong on EVERGREEN. As long as the price remains above the support at 2.94 EUR, you could try to benefit from the boom. The first bullish objective is located at 3.12 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 3.18 EUR as an objective. Crossing it would then enable buyers to target 4.09 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.

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

7.5

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.

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Additional analysis

Quotes

The EVERGREEN rating is 3.00 EUR. The price registered an increase of +9.09% on the session and was traded between 2.89 EUR and 3.08 EUR over the period. The price is currently at +3.81% from its lowest and -2.60% from its highest.

2.89

3.08

3.00

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

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 an element:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of EVERGREEN in Daily shows a strongly overall bullish trend. 85.71% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : Daily

In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

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:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily

Ichimoku - Bullish crossover : Tenkan & Kijun

Type : Bullish

Timeframe : Daily

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

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

Resistance of triangle is broken

Type : Bullish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Upside gap

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2.70	2.81	2.94	3.00	3.12	3.18	4.09
Change (%)	-10.00%	-6.33%	-2.00%	-	+4.00%	+6.00%	+36.33%
Change	-0.30	-0.19	-0.06	-	+0.12	+0.18	+1.09
Level	Major	Intermediate	Minor	-	Minor	Intermediate	Minor

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	2.58	2.62	2.68	2.72	2.78	2.82	2.88
Camarilla	2.72	2.73	2.74	2.75	2.76	2.77	2.78
Woodie	2.60	2.63	2.70	2.73	2.80	2.83	2.90
Fibonacci	2.62	2.66	2.68	2.72	2.76	2.78	2.82

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.29	2.40	2.57	2.68	2.85	2.96	3.13
Camarilla	2.67	2.70	2.72	2.75	2.78	2.80	2.83
Woodie	2.33	2.42	2.61	2.70	2.89	2.98	3.17
Fibonacci	2.40	2.50	2.57	2.68	2.78	2.85	2.96

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.95	2.16	2.43	2.64	2.91	3.12	3.39
Camarilla	2.57	2.61	2.66	2.70	2.74	2.79	2.83
Woodie	1.98	2.18	2.46	2.66	2.94	3.14	3.42
Fibonacci	2.16	2.34	2.46	2.64	2.82	2.94	3.12

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):	66.98
MACD (12,26,9):	0.0300
Directional Movement:	21.13
AROON (14):	35.71
DEMA (21):	2.74
Parabolic SAR (0,02-0,02-0,2):	2.50
Elder Ray (13):	0.27
Super Trend (3,10):	2.60
Zig ZAG (10):	3.00
VORTEX (21):	0.9900
Stochastique (14,3,5):	76.35
TEMA (21):	2.75
Williams %R (14):	-13.79
Chande Momentum Oscillator (20):	0.40
Repulse (5,40,3):	4.3000
ROCnROLL:	1
TRIX (15,9):	0.0700
Courbe Coppock:	2.79

MA7:	2.70
MA20:	2.69
MA50:	2.62
MA100:	2.65
MAexp7:	2.76
MAexp20:	2.70
MAexp50:	2.66
MAexp100:	2.69
Price / MA7:	+11.11%
Price / MA20:	+11.52%
Price / MA50:	+14.50%
Price / MA100:	+13.21%
Price / MAexp7:	+8.70%
Price / MAexp20:	+11.11%
Price / MAexp50:	+12.78%
Price / MAexp100:	+11.52%

Quotes : - 15 min delayed data - Euronext Paris

News

Don't forget to follow the news on EVERGREEN. At the time of publication of this analysis, the latest news was as follows:

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

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