EKINOPS
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 07/30/2024 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bearish
Technical indicators
39%
17%
44%
My opinion
Bearish under 3.468 EUR
My targets
3.220 EUR (-4.17%)
2.938 EUR (-12.55%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 3.468 EUR remains possible. It is advisable to trade EKINOPS with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 3.468 EUR. The next bearish objective for sellers is set at 3.220 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 2.938 EUR. In case of crossing, the next objective would be the support located at 2.365 EUR. PS: if there is a bullish break in the resistance located at 3.468 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
2.1

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:
Weekly

Additional analysis

Quotes

EKINOPS rating 3.360 EUR. The price registered an increase of +12.00% on the session and was between 3.100 EUR and 3.420 EUR. This implies that the price is at +8.39% from its lowest and at -1.75% from its highest.

3.100
3.420
3.360

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



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

Technical


Technical analysis of this Daily chart of EKINOPS indicates that the overall trend is bearish. The signals given by moving averages are 71.43% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily



In fact, according to the parameters integrated into the Central Analyzer system, only 7 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly


RSI indicator is back over 50

Type : Bullish

Timeframe : Daily


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily


SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : Daily


Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily


Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily



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

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily


Resistance of channel is broken

Type : Bullish

Timeframe : Daily



For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Central Candlesticks

Upside gap

Type : Bullish

Timeframe : Daily




ProTrendLines
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
ProTrendLines 2.365 3.220 3.360 3.468 4.285 5.216
Change (%) -29.61% -4.17% - +3.21% +27.53% +55.24%
Change -0.995 -0.140 - +0.108 +0.925 +1.856
Level Intermediate Minor - Minor 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
Standard2.8472.9733.1673.2933.4873.6133.807
Camarilla3.2723.3013.3313.3603.3893.4193.448
Woodie2.8802.9903.2003.3103.5203.6303.840
Fibonacci2.9733.0963.1713.2933.4163.4913.613


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.7902.8752.9303.0153.0703.1553.210
Camarilla2.9472.9592.9722.9852.9983.0113.024
Woodie2.7752.8682.9153.0083.0553.1483.195
Fibonacci2.8752.9292.9623.0153.0693.1023.155


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.8832.5872.9383.6423.9934.6975.048
Camarilla3.0003.0973.1933.2903.3873.4833.580
Woodie1.7082.4992.7633.5543.8184.6094.873
Fibonacci2.5872.9903.2393.6424.0454.2944.697

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): 53.20
MACD (12,26,9): -0.1320
Directional Movement: 3.002
AROON (14): -14.286
DEMA (21): 3.038
Parabolic SAR (0,02-0,02-0,2): 3.439
Elder Ray (13): 0.110
Super Trend (3,10): 2.852
Zig ZAG (10): 3.360
VORTEX (21): 0.9180
Stochastique (14,3,5): 37.53
TEMA (21): 3.000
Williams %R (14): -27.03
Chande Momentum Oscillator (20): 0.360
Repulse (5,40,3): 7.6670
ROCnROLL: -1
TRIX (15,9): -0.6280
Courbe Coppock: 23.49
MA7: 3.062
MA20: 3.268
MA50: 3.580
MA100: 3.532
MAexp7: 3.114
MAexp20: 3.219
MAexp50: 3.423
MAexp100: 3.682
Price / MA7: +9.73%
Price / MA20: +2.82%
Price / MA50: -6.15%
Price / MA100: -4.87%
Price / MAexp7: +7.90%
Price / MAexp20: +4.38%
Price / MAexp50: -1.84%
Price / MAexp100: -8.75%

Quotes : - 15 min delayed data - Euronext Paris

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

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