EKINOPS

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	EKI
ISIN:	FR0011466069

EKINOPS - Daily - Technical analysis published on 07/12/2024 (GMT)

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Timeframe : Daily
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Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

17%

56%

28%

My opinion

Bearish under 3.195 EUR

My targets

2.587 EUR (-13.49%)

2.365 EUR (-20.90%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on EKINOPS as long as the price remains well below 3.195 EUR. The sellers' bearish objective is set at 2.587 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 2.365 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

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

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.

This analysis was given by pierrott. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The EKINOPS rating is 2.990 EUR. The price is lower by -11.54% since the last closing with the lowest point at 2.820 EUR and the highest point at 3.095 EUR. The deviation from the price is +6.03% for the low point and -3.39% for the high point.

2.820

3.095

2.990

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

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

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

New LOW record (5 years)

Type : Bearish

Timeframe : Weekly

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

Technical

A technical analysis in Daily of this EKINOPS chart shows a sharp bearish trend. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

Technical indicators are bearish. There is still some doubt about the decline in the price.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : Daily

SuperTrend indicator bearish reversal

Type : Bearish

Timeframe : Daily

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

Near support of channel

Type : Bullish

Timeframe : Daily

Near support of triangle

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	2.365	2.990	3.195	3.468	3.810
Change (%)	-20.90%	-	+6.86%	+15.99%	+27.42%
Change	-0.625	-	+0.205	+0.478	+0.820
Level	Intermediate	-	Intermediate	Intermediate	Minor

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3.090	3.220	3.300	3.430	3.510	3.640	3.720
Camarilla	3.322	3.342	3.361	3.380	3.399	3.419	3.438
Woodie	3.065	3.208	3.275	3.418	3.485	3.628	3.695
Fibonacci	3.220	3.300	3.350	3.430	3.510	3.560	3.640

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.873	3.087	3.413	3.627	3.953	4.167	4.493
Camarilla	3.592	3.641	3.691	3.740	3.790	3.839	3.889
Woodie	2.930	3.115	3.470	3.655	4.010	4.195	4.550
Fibonacci	3.087	3.293	3.420	3.627	3.833	3.960	4.167

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.883	2.587	2.938	3.642	3.993	4.697	5.048
Camarilla	3.000	3.097	3.193	3.290	3.387	3.483	3.580
Woodie	1.708	2.499	2.763	3.554	3.818	4.609	4.873
Fibonacci	2.587	2.990	3.239	3.642	4.045	4.294	4.697

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):	31.28
MACD (12,26,9):	-0.0850
Directional Movement:	-30.724
AROON (14):	-35.714
DEMA (21):	3.430
Parabolic SAR (0,02-0,02-0,2):	3.830
Elder Ray (13):	-0.528
Super Trend (3,10):	3.495
Zig ZAG (10):	2.995
VORTEX (21):	0.8610
Stochastique (14,3,5):	27.54
TEMA (21):	3.374
Williams %R (14):	-82.84
Chande Momentum Oscillator (20):	-0.430
Repulse (5,40,3):	-1.7180
ROCnROLL:	2
TRIX (15,9):	-0.2640
Courbe Coppock:	2.30

MA7:	3.549
MA20:	3.506
MA50:	3.687
MA100:	3.637
MAexp7:	3.409
MAexp20:	3.533
MAexp50:	3.633
MAexp100:	3.846
Price / MA7:	-15.75%
Price / MA20:	-14.72%
Price / MA50:	-18.90%
Price / MA100:	-17.79%
Price / MAexp7:	-12.29%
Price / MAexp20:	-15.37%
Price / MAexp50:	-17.70%
Price / MAexp100:	-22.26%

Quotes : - 15 min delayed data - Euronext Paris

News

Don't forget to follow the news on EKINOPS. 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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