ERAMET

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	ERA
ISIN:	FR0000131757

ERAMET - Daily - Technical analysis published on 12/27/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

78%

17%

My opinion

Bullish above 76.27 EUR

My targets

87.53 EUR (+1.96%)

93.37 EUR (+8.76%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ERAMET as long as the price remains well above 76.27 EUR. The buyers' bullish objective is set at 87.53 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 93.37 EUR. If there is any crossing, the next objective would be the resistance located at 107.40 EUR.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

6.3

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 ERAMET rating is 85.85 EUR. The price has increased by +2.81% since the last closing and was traded between 84.45 EUR and 86.00 EUR over the period. The price is currently at +1.66% from its lowest and -0.17% from its highest.

84.45

86.00

85.85

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

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

The Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of ERAMET in Daily shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a strong bullish signal.
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

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

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

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	36.33	61.79	71.55	85.85	87.53	107.40	124.43
Change (%)	-57.68%	-28.03%	-16.66%	-	+1.96%	+25.10%	+44.94%
Change	-49.52	-24.06	-14.30	-	+1.68	+21.55	+38.58
Level	Minor	Major	Intermediate	-	Major	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	80.10	81.30	82.40	83.60	84.70	85.90	87.00
Camarilla	82.87	83.08	83.29	83.50	83.71	83.92	84.13
Woodie	80.05	81.28	82.35	83.58	84.65	85.88	86.95
Fibonacci	81.30	82.18	82.72	83.60	84.48	85.02	85.90

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	71.82	74.93	79.22	82.33	86.62	89.73	94.02
Camarilla	81.47	82.14	82.82	83.50	84.18	84.86	85.54
Woodie	72.40	75.23	79.80	82.63	87.20	90.03	94.60
Fibonacci	74.93	77.76	79.51	82.33	85.16	86.91	89.73

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	52.83	59.17	69.93	76.27	87.03	93.37	104.13
Camarilla	76.00	77.57	79.13	80.70	82.27	83.84	85.40
Woodie	55.05	60.28	72.15	77.38	89.25	94.48	106.35
Fibonacci	59.17	65.70	69.73	76.27	82.80	86.83	93.37

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	61.52
MACD (12,26,9):	1.9800
Directional Movement:	17.12
AROON (14):	42.86
DEMA (21):	83.71
Parabolic SAR (0,02-0,02-0,2):	77.86
Elder Ray (13):	2.93
Super Trend (3,10):	76.18
Zig ZAG (10):	85.70
VORTEX (21):	1.0500
Stochastique (14,3,5):	83.13
TEMA (21):	84.43
Williams %R (14):	0.00
Chande Momentum Oscillator (20):	2.30
Repulse (5,40,3):	3.0800
ROCnROLL:	1
TRIX (15,9):	0.3600
Courbe Coppock:	5.63

MA7:	82.60
MA20:	81.44
MA50:	75.55
MA100:	80.63
MAexp7:	83.27
MAexp20:	81.08
MAexp50:	79.17
MAexp100:	82.55
Price / MA7:	+3.93%
Price / MA20:	+5.42%
Price / MA50:	+13.63%
Price / MA100:	+6.47%
Price / MAexp7:	+3.10%
Price / MAexp20:	+5.88%
Price / MAexp50:	+8.44%
Price / MAexp100:	+4.00%

Quotes : - 15 min delayed data - Euronext Paris

News

Don't forget to follow the news on ERAMET. 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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