ESKER - 1H - Technical analysis published on 08/12/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 216.7 EUR
My targets
236.4 EUR (+3.50%)
247.5 EUR (+8.38%)
My analysis
The bullish trend is currently very strong on ESKER. As long as the price remains above the support at 216.7 EUR, you could try to benefit from the boom. The first bullish objective is located at 236.4 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 247.5 EUR as an objective. Crossing it would then enable buyers to target 299.6 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.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.2
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This analysis was given by pierrott. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ESKER rating is 228.4 EUR. The price has increased by +3.82% since the last closing and was between 223.6 EUR and 232.0 EUR. This implies that the price is at +2.15% from its lowest and at -1.55% from its highest.223.6
232.0
228.4
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of ESKER indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
Bearish harami cross
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 194.6 | 201.1 | 207.6 | 228.4 | 236.4 | 299.6 | 356.8 |
| Change (%) | -14.80% | -11.95% | -9.11% | - | +3.50% | +31.17% | +56.22% |
| Change | -33.8 | -27.3 | -20.8 | - | +8.0 | +71.2 | +128.4 |
| Level | Major | Major | Minor | - | Intermediate | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 155.4 | 178.0 | 199.0 | 221.6 | 242.6 | 265.2 | 286.2 |
| Camarilla | 208.0 | 212.0 | 216.0 | 220.0 | 224.0 | 228.0 | 232.0 |
| Woodie | 154.6 | 177.6 | 198.2 | 221.2 | 241.8 | 264.8 | 285.4 |
| Fibonacci | 178.0 | 194.7 | 204.9 | 221.6 | 238.3 | 248.5 | 265.2 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 130.7 | 158.3 | 189.1 | 216.7 | 247.5 | 275.1 | 305.9 |
| Camarilla | 203.9 | 209.3 | 214.7 | 220.0 | 225.4 | 230.7 | 236.1 |
| Woodie | 132.4 | 159.1 | 190.8 | 217.5 | 249.2 | 275.9 | 307.6 |
| Fibonacci | 158.3 | 180.6 | 194.4 | 216.7 | 239.0 | 252.8 | 275.1 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 156.0 | 166.5 | 184.7 | 195.2 | 213.4 | 223.9 | 242.1 |
| Camarilla | 195.1 | 197.7 | 200.4 | 203.0 | 205.6 | 208.3 | 210.9 |
| Woodie | 160.0 | 168.4 | 188.7 | 197.1 | 217.4 | 225.8 | 246.1 |
| Fibonacci | 166.5 | 177.4 | 184.2 | 195.2 | 206.1 | 212.9 | 223.9 |
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): | 75.10 | |
| MACD (12,26,9): | 7.7000 | |
| Directional Movement: | 47.6 | |
| AROON (14): | 7.2 | |
| DEMA (21): | 226.5 | |
| Parabolic SAR (0,02-0,02-0,2): | 226.0 | |
| Elder Ray (13): | 7.0 | |
| Super Trend (3,10): | 216.7 | |
| Zig ZAG (10): | 228.0 | |
| VORTEX (21): | 1.2000 | |
| Stochastique (14,3,5): | 60.80 | |
| TEMA (21): | 230.9 | |
| Williams %R (14): | -39.10 | |
| Chande Momentum Oscillator (20): | 24.2 | |
| Repulse (5,40,3): | 0.1000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.5000 | |
| Courbe Coppock: | 23.20 |
| MA7: | 205.8 | |
| MA20: | 200.7 | |
| MA50: | 191.4 | |
| MA100: | 188.5 | |
| MAexp7: | 225.7 | |
| MAexp20: | 217.2 | |
| MAexp50: | 208.3 | |
| MAexp100: | 203.4 | |
| Price / MA7: | +10.98% | |
| Price / MA20: | +13.80% | |
| Price / MA50: | +19.33% | |
| Price / MA100: | +21.17% | |
| Price / MAexp7: | +1.20% | |
| Price / MAexp20: | +5.16% | |
| Price / MAexp50: | +9.65% | |
| Price / MAexp100: | +12.29% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The last news published on ESKER at the time of the generation of this analysis was as follows:
- Esker Named Best Finance Automation Partner at FutureCFO Excellence Awards 2024
- Esker Named a Leader in the 2023 Gartner® Magic Quadrant™ for Integrated Invoice-to-Cash Applications
- Esker Asia Automates Key Business Processes for Brother International Singapore Pte Ltd
- Esker (ALESK): Record order intake in Q3
- Esker Partners HitPay to Offer Businesses More Payment Options
This member declared not having a position on this financial instrument or a related financial instrument.
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