WINFARM
WINFARM
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: ALWF
ISIN: FR0014000P11

WINFARM - Daily - Technical analysis published on 09/05/2024 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Slightly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 4.70 EUR
My targets
5.00 EUR (+4.17%)
6.06 EUR (+26.25%)
My analysis
WINFARM is currently trying to strengthen its basic trend with a very bullish short term. As long as the price remains above 4.70 EUR, traders may consider taking advantage of this bullish acceleration and setting themselves to trade only long positions (at the time of purchase). Buyers will encounter the resistance at 5.00 EUR. A bullish break in this resistance would confirm a continuation of the bullish acceleration. The next resistance located at 6.06 EUR would then be the next bullish objective for buyers. Crossing it would then enable buyers to target 7.18 EUR. Beware of a possible return to under the support located at 4.70 EUR which would be the sign of a correction of the bullish excesses registered in the short term.

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
5.9

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:
Weekly

Additional analysis

Quotes

The WINFARM price is 4.80 EUR. The price has increased by +34.83% since the last closing and was between 4.06 EUR and 5.18 EUR. This implies that the price is at +18.23% from its lowest and at -7.34% from its highest.

4.06
5.18
4.80

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 an element:

Central Records

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in Daily of this WINFARM chart shows a slightly bullish trend. 60.71% of the signals given by moving averages are bullish. This slightly bullish trend could be reinforced by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily


Moving Average bullish crossovers : AMA20 & AMA50

Type : Bullish

Timeframe : Daily


Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily


Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily



The probability of a further increase is high given the direction of the technical indicators.
Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily


Resistance of channel is broken

Type : Bullish

Timeframe : Daily



The presence of these bullish Japanese candlestick patterns detected by Central Candlesticks that could cause a very short term rebound were also noted:

Central Candlesticks

White line without lower shadow

Type : Bullish

Timeframe : Daily


Upside gap

Type : Bullish

Timeframe : Daily


Long white line

Type : Bullish

Timeframe : Daily




ProTrendLines
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
ProTrendLines 3.60 4.70 4.80 5.00 6.06 7.18
Change (%) -25.00% -2.08% - +4.17% +26.25% +49.58%
Change -1.20 -0.10 - +0.20 +1.26 +2.38
Level Minor Minor - Major Minor Intermediate



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
Standard3.483.513.533.563.583.613.63
Camarilla3.553.553.563.563.573.573.57
Woodie3.493.513.543.563.593.613.64
Fibonacci3.513.533.543.563.583.593.61


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.053.223.383.553.713.884.04
Camarilla3.463.493.523.553.583.613.64
Woodie3.063.223.393.553.723.884.05
Fibonacci3.223.343.423.553.673.753.88


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.562.903.223.563.884.224.54
Camarilla3.373.433.493.553.613.673.73
Woodie2.562.903.223.563.884.224.54
Fibonacci2.903.153.313.563.813.974.22

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): 82.82
MACD (12,26,9): 0.0400
Directional Movement: 52.50
AROON (14): 92.86
DEMA (21): 3.67
Parabolic SAR (0,02-0,02-0,2): 3.30
Elder Ray (13): 0.91
Super Trend (3,10): 3.88
Zig ZAG (10): 4.80
VORTEX (21): 0.9600
Stochastique (14,3,5): 70.59
TEMA (21): 3.83
Williams %R (14): -19.49
Chande Momentum Oscillator (20): 1.43
Repulse (5,40,3): 15.1400
ROCnROLL: 1
TRIX (15,9): -0.2900
Courbe Coppock: 16.75
MA7: 3.72
MA20: 3.56
MA50: 3.77
MA100: 4.23
MAexp7: 3.85
MAexp20: 3.67
MAexp50: 3.83
MAexp100: 4.22
Price / MA7: +29.03%
Price / MA20: +34.83%
Price / MA50: +27.32%
Price / MA100: +13.48%
Price / MAexp7: +24.68%
Price / MAexp20: +30.79%
Price / MAexp50: +25.33%
Price / MAexp100: +13.74%

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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