X-FAB

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	XFAB
ISIN:	BE0974310428

X-FAB - Daily - Technical analysis published on 11/08/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bearish

Technical indicators

72%

22%

My opinion

Bullish above 5.560 EUR

My targets

6.088 EUR (+3.89%)

6.783 EUR (+15.75%)

My analysis

The strong short-term increase in X-FAB calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 5.560 EUR, you could consider taking advantage of the short-term movement. The first bullish objective is located at 6.088 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 6.783 EUR as an objective. Crossing it would then enable buyers to target 7.557 EUR. Caution, a return under 5.560 EUR could jeopardize the reversal.

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

2.5

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

X-FAB rating 5.860 EUR. The price registered an increase of +3.08% on the session and was between 5.700 EUR and 5.880 EUR. This implies that the price is at +2.81% from its lowest and at -0.34% from its highest.

5.700

5.880

5.860

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

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 an element:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this X-FAB chart shows a slightly bearish trend. Only 57.14% of the signals given by moving averages are bearish. This slightly bearish trend could quickly be reversed due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

In fact, 13 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	4.663	5.060	5.560	5.860	6.088	6.783	7.557
Change (%)	-20.43%	-13.65%	-5.12%	-	+3.89%	+15.75%	+28.96%
Change	-1.197	-0.800	-0.300	-	+0.228	+0.923	+1.697
Level	Minor	Major	Minor	-	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	5.107	5.228	5.457	5.578	5.807	5.928	6.157
Camarilla	5.589	5.621	5.653	5.685	5.717	5.749	5.781
Woodie	5.160	5.255	5.510	5.605	5.860	5.955	6.210
Fibonacci	5.228	5.362	5.445	5.578	5.712	5.795	5.928

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	4.937	5.073	5.277	5.413	5.617	5.753	5.957
Camarilla	5.387	5.418	5.449	5.480	5.511	5.542	5.574
Woodie	4.970	5.090	5.310	5.430	5.650	5.770	5.990
Fibonacci	5.073	5.203	5.284	5.413	5.543	5.624	5.753

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3.820	4.399	4.822	5.401	5.824	6.403	6.826
Camarilla	4.970	5.061	5.153	5.245	5.337	5.429	5.521
Woodie	3.742	4.360	4.744	5.362	5.746	6.364	6.748
Fibonacci	4.399	4.782	5.018	5.401	5.784	6.020	6.403

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	58.14
MACD (12,26,9):	-0.0050
Directional Movement:	9.104
AROON (14):	-21.429
DEMA (21):	5.534
Parabolic SAR (0,02-0,02-0,2):	5.165
Elder Ray (13):	0.225
Super Trend (3,10):	5.991
Zig ZAG (10):	5.880
VORTEX (21):	1.0230
Stochastique (14,3,5):	63.40
TEMA (21):	5.620
Williams %R (14):	-12.27
Chande Momentum Oscillator (20):	0.125
Repulse (5,40,3):	9.5050
ROCnROLL:	1
TRIX (15,9):	-0.0700
Courbe Coppock:	1.23

MA7:	5.486
MA20:	5.567
MA50:	5.624
MA100:	6.074
MAexp7:	5.597
MAexp20:	5.560
MAexp50:	5.704
MAexp100:	6.048
Price / MA7:	+6.82%
Price / MA20:	+5.26%
Price / MA50:	+4.20%
Price / MA100:	-3.52%
Price / MAexp7:	+4.70%
Price / MAexp20:	+5.40%
Price / MAexp50:	+2.73%
Price / MAexp100:	-3.11%

Quotes : - 15 min delayed data - Euronext Paris

News

The last news published on X-FAB 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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