FUGRO

- EUR (-)

- 15 min delayed data - Euronext Amsterdam

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	FUR
ISIN:	NL00150003E1

FUGRO - 1H - Technical analysis published on 11/05/2024 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

44%

39%

17%

My opinion

Bearish under 18.06 EUR

My targets

16.29 EUR (-4.51%)

15.42 EUR (-9.61%)

My analysis

FUGRO is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 18.06 EUR. The next support located at 16.29 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 15.42 EUR. Below this support, sellers could then target 13.47 EUR. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

5.9

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.

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

Additional analysis

Quotes

The FUGRO rating is 17.06 EUR. The price registered an increase of +2.28% on the session with the lowest point at 16.30 EUR and the highest point at 17.12 EUR. The deviation from the price is +4.66% for the low point and -0.35% for the high point.

16.30

17.12

17.06

The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.

Opening Gap DOWN

Type : Bearish

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:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 5 days

Technical

Technical analysis of FUGRO in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from 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 does not currently provide any relevant information on the direction of future price movements.
The Central Indicators scanner found this result concerning these indicators:

Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near resistance of channel

Type : Bearish

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:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	10.14	13.47	16.29	17.06	18.32	20.70	21.17
Change (%)	-40.56%	-21.04%	-4.51%	-	+7.39%	+21.34%	+24.09%
Change	-6.92	-3.59	-0.77	-	+1.26	+3.64	+4.11
Level	Intermediate	Intermediate	Major	-	Minor	Major	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	15.13	15.91	16.29	17.07	17.45	18.23	18.61
Camarilla	16.36	16.47	16.57	16.68	16.79	16.89	17.00
Woodie	14.94	15.81	16.10	16.97	17.26	18.13	18.42
Fibonacci	15.91	16.35	16.62	17.07	17.51	17.78	18.23

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.83	13.20	15.42	18.79	21.01	24.38	26.60
Camarilla	16.10	16.62	17.13	17.64	18.15	18.67	19.18
Woodie	9.26	12.91	14.85	18.50	20.44	24.09	26.03
Fibonacci	13.20	15.34	16.66	18.79	20.93	22.25	24.38

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	18.06	19.10	20.08	21.12	22.10	23.14	24.12
Camarilla	20.51	20.69	20.88	21.06	21.25	21.43	21.62
Woodie	18.03	19.09	20.05	21.11	22.07	23.13	24.09
Fibonacci	19.10	19.87	20.35	21.12	21.89	22.37	23.14

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):	31.88
MACD (12,26,9):	-0.7500
Directional Movement:	-31.36
AROON (14):	-78.57
DEMA (21):	16.48
Parabolic SAR (0,02-0,02-0,2):	19.36
Elder Ray (13):	-0.13
Super Trend (3,10):	17.61
Zig ZAG (10):	17.10
VORTEX (21):	1.0600
Stochastique (14,3,5):	40.33
TEMA (21):	16.47
Williams %R (14):	-52.66
Chande Momentum Oscillator (20):	-0.12
Repulse (5,40,3):	2.0500
ROCnROLL:	2
TRIX (15,9):	-0.6900
Courbe Coppock:	9.62

MA7:	19.53
MA20:	20.79
MA50:	20.84
MA100:	21.90
MAexp7:	16.99
MAexp20:	17.55
MAexp50:	18.92
MAexp100:	19.91
Price / MA7:	-12.65%
Price / MA20:	-17.94%
Price / MA50:	-18.14%
Price / MA100:	-22.10%
Price / MAexp7:	+0.41%
Price / MAexp20:	-2.79%
Price / MAexp50:	-9.83%
Price / MAexp100:	-14.31%

Quotes : - 15 min delayed data - Euronext Amsterdam

News

The latest news and videos published on FUGRO 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.

About author

Londinia AI

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