GL EVENTS - 1H - Technical analysis published on 01/31/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bullish
Technical indicators
22%
61%
17%
My opinion
Bearish under 19.24 EUR
My targets
18.64 EUR (-1.27%)
17.99 EUR (-4.71%)
My analysis
The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for GL EVENTS as long as the price remains well below 19.24 EUR. The next bearish objective for sellers is set at 18.64 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 17.99 EUR. In case of crossing, the next objective would be the support located at 17.80 EUR. As the basic trend is not clearly displayed, attention should be paid to the price response to the support located at 18.64 EUR. With this support, against the trend traders who want to buy GL EVENTS on a buy signal from their trading strategy should not hesitate to act.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
1.6
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Additional analysis
Quotes
GL EVENTS rating 18.88 EUR. The price registered a decrease of -0.11% on the session and was between 18.86 EUR and 19.00 EUR. This implies that the price is at +0.11% from its lowest and at -0.63% from its highest.18.86
19.00
18.88
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of GL EVENTS in 1H shows an overall slightly bullish trend. 57.14% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently being given by short-term moving averages indicate that this slightly bullish trend could be reversed. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Near support of channel
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 17.80 | 17.99 | 18.64 | 18.88 | 18.92 | 19.24 | 19.56 |
Change (%) | -5.72% | -4.71% | -1.27% | - | +0.21% | +1.91% | +3.60% |
Change | -1.08 | -0.89 | -0.24 | - | +0.04 | +0.36 | +0.68 |
Level | Minor | Major | Major | - | Major | Minor | 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 |
---|---|---|---|---|---|---|---|
Standard | 18.45 | 18.67 | 18.79 | 19.01 | 19.13 | 19.35 | 19.47 |
Camarilla | 18.81 | 18.84 | 18.87 | 18.90 | 18.93 | 18.96 | 18.99 |
Woodie | 18.39 | 18.65 | 18.73 | 18.99 | 19.07 | 19.33 | 19.41 |
Fibonacci | 18.67 | 18.80 | 18.88 | 19.01 | 19.14 | 19.22 | 19.35 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 17.05 | 17.51 | 18.21 | 18.67 | 19.37 | 19.83 | 20.53 |
Camarilla | 18.60 | 18.71 | 18.81 | 18.92 | 19.03 | 19.13 | 19.24 |
Woodie | 17.18 | 17.57 | 18.34 | 18.73 | 19.50 | 19.89 | 20.66 |
Fibonacci | 17.51 | 17.95 | 18.22 | 18.67 | 19.11 | 19.38 | 19.83 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 12.36 | 13.72 | 16.06 | 17.42 | 19.76 | 21.12 | 23.46 |
Camarilla | 17.38 | 17.72 | 18.06 | 18.40 | 18.74 | 19.08 | 19.42 |
Woodie | 12.85 | 13.97 | 16.55 | 17.67 | 20.25 | 21.37 | 23.95 |
Fibonacci | 13.72 | 15.13 | 16.01 | 17.42 | 18.83 | 19.71 | 21.12 |
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): | 42.55 | |
MACD (12,26,9): | -0.0300 | |
Directional Movement: | -9.82 | |
AROON (14): | -85.72 | |
DEMA (21): | 19.04 | |
Parabolic SAR (0,02-0,02-0,2): | 19.11 | |
Elder Ray (13): | -0.07 | |
Super Trend (3,10): | 18.90 | |
Zig ZAG (10): | 18.96 | |
VORTEX (21): | 0.8400 | |
Stochastique (14,3,5): | 14.04 | |
TEMA (21): | 18.95 | |
Williams %R (14): | -73.68 | |
Chande Momentum Oscillator (20): | -0.22 | |
Repulse (5,40,3): | -0.7000 | |
ROCnROLL: | -1 | |
TRIX (15,9): | 0.0000 | |
Courbe Coppock: | 1.16 |
MA7: | 18.94 | |
MA20: | 18.62 | |
MA50: | 17.77 | |
MA100: | 18.19 | |
MAexp7: | 18.99 | |
MAexp20: | 19.05 | |
MAexp50: | 18.98 | |
MAexp100: | 18.82 | |
Price / MA7: | -0.32% | |
Price / MA20: | +1.40% | |
Price / MA50: | +6.25% | |
Price / MA100: | +3.79% | |
Price / MAexp7: | -0.58% | |
Price / MAexp20: | -0.89% | |
Price / MAexp50: | -0.53% | |
Price / MAexp100: | +0.32% |
Quotes :
-
15 min delayed data
-
Euronext Paris
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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