COMPAGNIE ODET
COMPAGNIE ODET
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: ODET
ISIN: FR0000062234

COMPAGNIE ODET - 1H - Technical analysis published on 03/15/2023 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
67%
0%
33%
My opinion
Bullish above 1,476.0 EUR
My targets
1,506.0 EUR (+1.07%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on COMPAGNIE ODET as long as the price remains well above 1,476.0 EUR. The buyers' bullish objective is set at 1,506.0 EUR. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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
7.9

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 Londinia. Take part yourself by sharing additional analysis on another time unit:
Daily Weekly

Additional analysis

Quotes

The COMPAGNIE ODET price is 1,490.0 EUR. The price registered an increase of +2.90% on the session and was traded between 1,460.0 EUR and 1,548.0 EUR over the period. The price is currently at +2.05% from its lowest and -3.75% from its highest.

1,460.0
1,548.0
1,490.0

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.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


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 COMPAGNIE ODET in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Moving Average bullish crossovers : AMA20 & AMA50

Type : Bullish

Timeframe : 1 hour



The probability of a further increase are moderate given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Central Candlesticks

White hanging man / hammer

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 1,450.0 1,458.0 1,476.0 1,490.0 1,494.0 1,506.0
Change (%) -2.68% -2.15% -0.94% - +0.27% +1.07%
Change -40.0 -32.0 -14.0 - +4.0 +16.0
Level Intermediate Minor Minor - Major Major



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
Standard1,396.71,409.31,428.71,441.31,460.71,473.31,492.7
Camarilla1,439.21,442.11,445.11,448.01,450.91,453.91,456.8
Woodie1,400.01,411.01,432.01,443.01,464.01,475.01,496.0
Fibonacci1,409.31,421.61,429.11,441.31,453.61,461.11,473.3


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,355.31,392.71,419.31,456.71,483.31,520.71,547.3
Camarilla1,428.41,434.31,440.11,446.01,451.91,457.71,463.6
Woodie1,350.01,390.01,414.01,454.01,478.01,518.01,542.0
Fibonacci1,392.71,417.11,432.21,456.71,481.11,496.21,520.7


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,330.01,372.01,406.01,448.01,482.01,524.01,558.0
Camarilla1,419.11,426.11,433.01,440.01,447.01,453.91,460.9
Woodie1,326.01,370.01,402.01,446.01,478.01,522.01,554.0
Fibonacci1,372.01,401.01,419.01,448.01,477.01,495.01,524.0

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): 62.30
MACD (12,26,9): 14.1000
Directional Movement: 28.9
AROON (14): 64.3
DEMA (21): 1,476.9
Parabolic SAR (0,02-0,02-0,2): 1,460.6
Elder Ray (13): 26.0
Super Trend (3,10): 1,481.4
Zig ZAG (10): 1,502.0
VORTEX (21): 1.0000
Stochastique (14,3,5): 69.90
TEMA (21): 1,492.4
Williams %R (14): -36.50
Chande Momentum Oscillator (20): 76.0
Repulse (5,40,3): 0.1000
ROCnROLL: 1
TRIX (15,9): 0.0000
Courbe Coppock: 8.50
MA7: 1,463.1
MA20: 1,443.9
MA50: 1,448.0
MA100: 1,363.2
MAexp7: 1,487.6
MAexp20: 1,463.3
MAexp50: 1,454.4
MAexp100: 1,449.5
Price / MA7: +1.84%
Price / MA20: +3.19%
Price / MA50: +2.90%
Price / MA100: +9.30%
Price / MAexp7: +0.16%
Price / MAexp20: +1.82%
Price / MAexp50: +2.45%
Price / MAexp100: +2.79%

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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