ESKER - 1H - Technical analysis published on 08/13/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
ESKER Chart
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 223.6 EUR
My targets
236.4 EUR (+3.68%)
244.2 EUR (+7.11%)
My analysis
ESKER is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 223.6 EUR. The next resistance located at 236.4 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 244.2 EUR. After this resistance, buyers could then target 279.8 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
0
10
8
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This analysis was given by pierrott.
Additional analysis
Quotes
The ESKER price is 228.0 EUR. The price registered an increase of +0.44% on the session and was between 227.4 EUR and 230.0 EUR. This implies that the price is at +0.26% from its lowest and at -0.87% from its highest.227.4
230.0
228.0
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
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.
An assessment of technical indicators shows a moderate bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 201.1 | 207.6 | 223.6 | 228.0 | 236.4 | 244.2 | 279.8 |
| Change (%) | -11.80% | -8.95% | -1.93% | - | +3.68% | +7.11% | +22.72% |
| Change | -26.9 | -20.4 | -4.4 | - | +8.4 | +16.2 | +51.8 |
| Level | Intermediate | Minor | Minor | - | Intermediate | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 214.7 | 219.1 | 223.1 | 227.5 | 231.5 | 235.9 | 239.9 |
| Camarilla | 224.7 | 225.5 | 226.2 | 227.0 | 227.8 | 228.5 | 229.3 |
| Woodie | 214.4 | 219.0 | 222.8 | 227.4 | 231.2 | 235.8 | 239.6 |
| Fibonacci | 219.1 | 222.3 | 224.3 | 227.5 | 230.7 | 232.7 | 235.9 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 72.40 | |
| MACD (12,26,9): | 7.1000 | |
| Directional Movement: | 42.4 | |
| AROON (14): | 7.1 | |
| DEMA (21): | 228.9 | |
| Parabolic SAR (0,02-0,02-0,2): | 226.2 | |
| Elder Ray (13): | 5.2 | |
| Super Trend (3,10): | 216.7 | |
| Zig ZAG (10): | 228.0 | |
| VORTEX (21): | 1.2000 | |
| Stochastique (14,3,5): | 59.70 | |
| TEMA (21): | 231.9 | |
| Williams %R (14): | -39.10 | |
| Chande Momentum Oscillator (20): | 5.8 | |
| Repulse (5,40,3): | -1.0000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.5000 | |
| Courbe Coppock: | 19.50 |
| MA7: | 209.8 | |
| MA20: | 202.7 | |
| MA50: | 192.1 | |
| MA100: | 188.9 | |
| MAexp7: | 226.6 | |
| MAexp20: | 219.8 | |
| MAexp50: | 210.4 | |
| MAexp100: | 204.7 | |
| Price / MA7: | +8.67% | |
| Price / MA20: | +12.48% | |
| Price / MA50: | +18.69% | |
| Price / MA100: | +20.70% | |
| Price / MAexp7: | +0.62% | |
| Price / MAexp20: | +3.73% | |
| Price / MAexp50: | +8.37% | |
| Price / MAexp100: | +11.38% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The latest news and videos published on ESKER at the time of the analysis were 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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