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. - Daily - Technical analysis published on 04/04/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

94%

My opinion

Bullish above 59.70 EUR

My targets

66.15 EUR (+7.29%)

70.25 EUR (+13.93%)

My analysis

EUROFINS SCIENT. 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 59.70 EUR. The next resistance located at 66.15 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 70.25 EUR. After this resistance, buyers could then target 96.76 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

9.1

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.

This analysis was given by ppires. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The EUROFINS SCIENT. price is 61.66 EUR. On the day, this instrument gained +1.99% and was traded between 60.28 EUR and 61.78 EUR over the period. The price is currently at +2.29% from its lowest and -0.19% from its highest.

60.28

61.78

61.66

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.

Opening Gap UP

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of EUROFINS SCIENT. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

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

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	53.26	57.79	59.70	61.66	62.58	70.25	96.76
Change (%)	-13.62%	-6.28%	-3.18%	-	+1.49%	+13.93%	+56.93%
Change	-8.40	-3.87	-1.96	-	+0.92	+8.59	+35.10
Level	Major	Intermediate	Minor	-	Intermediate	Major	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	59.10	59.38	59.92	60.20	60.74	61.02	61.56
Camarilla	60.24	60.31	60.39	60.46	60.54	60.61	60.69
Woodie	59.23	59.45	60.05	60.27	60.87	61.09	61.69
Fibonacci	59.38	59.69	59.89	60.20	60.51	60.71	61.02

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	53.65	54.75	56.91	58.01	60.17	61.27	63.43
Camarilla	58.18	58.48	58.78	59.08	59.38	59.68	59.98
Woodie	54.19	55.02	57.45	58.28	60.71	61.54	63.97
Fibonacci	54.75	55.99	56.76	58.01	59.25	60.02	61.27

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	50.25	52.03	55.55	57.33	60.85	62.63	66.15
Camarilla	57.62	58.11	58.59	59.08	59.57	60.05	60.54
Woodie	51.13	52.47	56.43	57.77	61.73	63.07	67.03
Fibonacci	52.03	54.05	55.30	57.33	59.35	60.60	62.63

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):	74.87
MACD (12,26,9):	1.0500
Directional Movement:	27.97
AROON (14):	85.71
DEMA (21):	58.80
Parabolic SAR (0,02-0,02-0,2):	55.42
Elder Ray (13):	2.75
Super Trend (3,10):	57.41
Zig ZAG (10):	61.66
VORTEX (21):	1.2200
Stochastique (14,3,5):	97.68
TEMA (21):	59.66
Williams %R (14):	-1.90
Chande Momentum Oscillator (20):	5.56
Repulse (5,40,3):	6.0400
ROCnROLL:	1
TRIX (15,9):	0.1200
Courbe Coppock:	8.95

MA7:	58.77
MA20:	57.17
MA50:	56.26
MA100:	55.84
MAexp7:	59.32
MAexp20:	57.66
MAexp50:	56.67
MAexp100:	56.06
Price / MA7:	+4.92%
Price / MA20:	+7.85%
Price / MA50:	+9.60%
Price / MA100:	+10.42%
Price / MAexp7:	+3.94%
Price / MAexp20:	+6.94%
Price / MAexp50:	+8.81%
Price / MAexp100:	+9.99%

Quotes : - 15 min delayed data - Euronext Paris

News

The latest news and videos published on EUROFINS SCIENT. at the time of the analysis were as follows:

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

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