EUROFINS SCIENT.
EUROFINS SCIENT.
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: ERF
ISIN: FR0014000MR3

EUROFINS SCIENT. - 1H - Technical analysis published on 03/12/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 56.91 EUR
My targets
58.07 EUR (+0.82%)
58.64 EUR (+1.81%)
My analysis
The bullish trend is currently very strong on EUROFINS SCIENT.. As long as the price remains above the support at 56.91 EUR, you could try to benefit from the boom. The first bullish objective is located at 58.07 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 58.64 EUR as an objective. Crossing it would then enable buyers to target 62.58 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.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.5

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 ppires. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The EUROFINS SCIENT. rating is 57.60 EUR. The price has increased by +0.91% since the last closing and was traded between 57.06 EUR and 57.84 EUR over the period. The price is currently at +0.95% from its lowest and -0.41% from its highest.

57.06
57.84
57.60

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this EUROFINS SCIENT. chart shows a strongly bullish trend. 82.14% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly



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

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 53.26 55.41 56.91 57.60 58.07 58.64 62.58
Change (%) -7.53% -3.80% -1.20% - +0.82% +1.81% +8.65%
Change -4.34 -2.19 -0.69 - +0.47 +1.04 +4.98
Level Major Intermediate Intermediate - Intermediate Major Minor



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard54.3554.8955.9956.5357.6358.1759.27
Camarilla56.6356.7856.9357.0857.2357.3857.53
Woodie54.6255.0356.2656.6757.9058.3159.54
Fibonacci54.8955.5255.9156.5357.1657.5558.17


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard51.7952.7954.3755.3756.9557.9559.53
Camarilla55.2355.4755.7055.9456.1856.4156.65
Woodie52.0752.9454.6555.5257.2358.1059.81
Fibonacci52.7953.7854.3955.3756.3656.9757.95


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard43.9347.6351.4355.1358.9362.6366.43
Camarilla53.1853.8754.5555.2455.9356.6257.30
Woodie43.9947.6651.4955.1658.9962.6666.49
Fibonacci47.6350.4952.2655.1357.9959.7662.63

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 73.56
MACD (12,26,9): 0.5500
Directional Movement: 25.72
AROON (14): 57.14
DEMA (21): 57.47
Parabolic SAR (0,02-0,02-0,2): 57.12
Elder Ray (13): 0.58
Super Trend (3,10): 56.65
Zig ZAG (10): 57.64
VORTEX (21): 1.2200
Stochastique (14,3,5): 89.06
TEMA (21): 57.71
Williams %R (14): -10.99
Chande Momentum Oscillator (20): 1.30
Repulse (5,40,3): 0.6200
ROCnROLL: 1
TRIX (15,9): 0.1200
Courbe Coppock: 4.64
MA7: 55.86
MA20: 56.31
MA50: 56.07
MA100: 54.48
MAexp7: 57.37
MAexp20: 56.78
MAexp50: 56.10
MAexp100: 55.84
Price / MA7: +3.11%
Price / MA20: +2.29%
Price / MA50: +2.73%
Price / MA100: +5.73%
Price / MAexp7: +0.40%
Price / MAexp20: +1.44%
Price / MAexp50: +2.67%
Price / MAexp100: +3.15%

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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