FORVIA

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	FRVIA
ISIN:	FR0000121147

FORVIA - 1H - Technical analysis published on 11/25/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bearish

Technical indicators

78%

22%

My opinion

Bullish above 7.968 EUR

My targets

8.312 EUR (+2.29%)

8.593 EUR (+5.75%)

My analysis

The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for FORVIA as long as the price remains well above 7.968 EUR. The buyers' bullish objective is set at 8.312 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 8.593 EUR. If there is any crossing, the next objective would be the resistance located at 9.219 EUR. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 8.312 EUR. On this resistance, against the trend traders who would like to go short on FORVIA with a bearish signal from their trading strategy, should not hesitate to act.

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

2.9

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 FORVIA rating is 8.126 EUR. The price has increased by +2.81% since the last closing with the lowest point at 7.980 EUR and the highest point at 8.150 EUR. The deviation from the price is +1.83% for the low point and -0.29% for the high point.

7.980

8.150

8.126

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following result:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of FORVIA indicates that the overall trend is slightly bearish. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages could quickly lead to a reversal of the trend. An assessment of moving averages reveals a bullish signal that could impact this trend:

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

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

CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	7.452	7.612	7.968	8.126	8.312	8.593	9.219
Change (%)	-8.29%	-6.33%	-1.94%	-	+2.29%	+5.75%	+13.45%
Change	-0.674	-0.514	-0.158	-	+0.186	+0.467	+1.093
Level	Intermediate	Intermediate	Minor	-	Minor	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	7.302	7.460	7.682	7.840	8.062	8.220	8.442
Camarilla	7.800	7.834	7.869	7.904	7.939	7.974	8.009
Woodie	7.334	7.476	7.714	7.856	8.094	8.236	8.474
Fibonacci	7.460	7.605	7.695	7.840	7.985	8.075	8.220

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.045	6.823	7.363	8.141	8.681	9.459	9.999
Camarilla	7.542	7.662	7.783	7.904	8.025	8.146	8.267
Woodie	5.927	6.764	7.245	8.082	8.563	9.400	9.881
Fibonacci	6.823	7.326	7.637	8.141	8.644	8.955	9.459

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	5.637	6.529	7.603	8.495	9.569	10.461	11.535
Camarilla	8.135	8.316	8.496	8.676	8.856	9.036	9.217
Woodie	5.727	6.575	7.693	8.541	9.659	10.507	11.625
Fibonacci	6.529	7.280	7.744	8.495	9.246	9.710	10.461

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):	64.86
MACD (12,26,9):	0.0330
Directional Movement:	19.057
AROON (14):	57.143
DEMA (21):	7.973
Parabolic SAR (0,02-0,02-0,2):	7.929
Elder Ray (13):	0.110
Super Trend (3,10):	7.837
Zig ZAG (10):	8.106
VORTEX (21):	1.1260
Stochastique (14,3,5):	86.81
TEMA (21):	8.100
Williams %R (14):	-9.80
Chande Momentum Oscillator (20):	0.270
Repulse (5,40,3):	0.9510
ROCnROLL:	-1
TRIX (15,9):	-0.0150
Courbe Coppock:	7.32

MA7:	8.113
MA20:	8.576
MA50:	8.528
MA100:	9.123
MAexp7:	8.044
MAexp20:	7.958
MAexp50:	8.068
MAexp100:	8.277
Price / MA7:	+0.16%
Price / MA20:	-5.25%
Price / MA50:	-4.71%
Price / MA100:	-10.93%
Price / MAexp7:	+1.02%
Price / MAexp20:	+2.11%
Price / MAexp50:	+0.72%
Price / MAexp100:	-1.82%

Quotes : - 15 min delayed data - Euronext Paris

News

The last news published on FORVIA at the time of the generation of this analysis was as follows:

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

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