EGIDE

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	ALGID
ISIN:	FR0000072373

EGIDE - Daily - Technical analysis published on 10/18/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

39%

33%

28%

My opinion

Bearish under 0.305 EUR

My targets

0.276 EUR (-8.10%)

0.262 EUR (-12.77%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on EGIDE as long as the price remains well below 0.305 EUR. The sellers' bearish objective is set at 0.276 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.262 EUR. In case of crossing, the next objective would be the support located at 0.199 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

5.9

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 EGIDE price is 0.300 EUR. On the day, this instrument gained +15.39% with the lowest point at 0.297 EUR and the highest point at 0.310 EUR. The deviation from the price is +1.01% for the low point and -3.23% for the high point.

0.297

0.310

0.300

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

New LOW record (5 years)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this EGIDE chart shows a sharp 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 detects a bullish signal on moving averages that could impact this trend:

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

In fact, of the 18 technical indicators analysed by Central Analyzer, 7 are bullish, 5 are neutral and 6 are bearish. The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

The analysis of the price chart with Central Patterns scanners does not return any result.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:

White gravestone / inverted hammer

Type : Neutral

Timeframe : Daily

Upside gap

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	Price	R1	R2	R3
ProTrendLines	0.300	0.394	0.520	0.589
Change (%)	-	+31.33%	+73.33%	+96.33%
Change	-	+0.094	+0.220	+0.289
Level	-	Minor	Minor	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.205	0.217	0.239	0.251	0.273	0.285	0.307
Camarilla	0.251	0.254	0.257	0.260	0.263	0.266	0.269
Woodie	0.209	0.220	0.243	0.254	0.277	0.288	0.311
Fibonacci	0.217	0.230	0.238	0.251	0.264	0.272	0.285

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.221	0.255	0.276	0.310	0.331	0.365	0.386
Camarilla	0.281	0.286	0.291	0.296	0.301	0.306	0.311
Woodie	0.214	0.252	0.269	0.307	0.324	0.362	0.379
Fibonacci	0.255	0.276	0.289	0.310	0.331	0.344	0.365

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.199	0.262	0.305	0.368	0.411	0.474	0.517
Camarilla	0.320	0.330	0.339	0.349	0.359	0.368	0.378
Woodie	0.190	0.257	0.296	0.363	0.402	0.469	0.508
Fibonacci	0.262	0.302	0.327	0.368	0.408	0.433	0.474

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):	41.66
MACD (12,26,9):	-0.0300
Directional Movement:	-10.357
AROON (14):	-78.571
DEMA (21):	0.275
Parabolic SAR (0,02-0,02-0,2):	0.215
Elder Ray (13):	0.007
Super Trend (3,10):	0.331
Zig ZAG (10):	0.300
VORTEX (21):	0.8340
Stochastique (14,3,5):	37.94
TEMA (21):	0.263
Williams %R (14):	-37.50
Chande Momentum Oscillator (20):	-0.047
Repulse (5,40,3):	-0.4130
ROCnROLL:	-1
TRIX (15,9):	-1.0230
Courbe Coppock:	44.15

MA7:	0.274
MA20:	0.320
MA50:	0.367
MA100:	0.423
MAexp7:	0.281
MAexp20:	0.313
MAexp50:	0.360
MAexp100:	0.419
Price / MA7:	+9.49%
Price / MA20:	-6.25%
Price / MA50:	-18.26%
Price / MA100:	-29.08%
Price / MAexp7:	+6.76%
Price / MAexp20:	-4.15%
Price / MAexp50:	-16.67%
Price / MAexp100:	-28.40%

Quotes : - 15 min delayed data - Euronext Paris

News

Don't forget to follow the news on EGIDE. 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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