EKOPAK

- EUR (-)

- 15 min delayed data - Euronext Bruxelles

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	EKOP
ISIN:	BE0974380124

EKOPAK - Daily - Technical analysis published on 10/11/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

33%

My opinion

Bearish under 18.80 EUR

My targets

18.00 EUR (-1.64%)

17.40 EUR (-4.92%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on EKOPAK as long as the price remains well below 18.80 EUR. The sellers' bearish objective is set at 18.00 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 17.40 EUR. In case of crossing, the next objective would be the support located at 16.68 EUR.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

4.3

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

EKOPAK rating 18.30 EUR. The price registered an increase of +3.39% on the session and was between 17.80 EUR and 18.44 EUR. This implies that the price is at +2.81% from its lowest and at -0.76% from its highest.

17.80

18.44

18.30

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

Opening Gap UP

Type : Bullish

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 result:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of EKOPAK indicates that the overall trend is bearish. 75.00% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near resistance of channel

Type : Bearish

Timeframe : Daily

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

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

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	16.68	17.40	18.00	18.30	18.80	19.60	21.39
Change (%)	-8.85%	-4.92%	-1.64%	-	+2.73%	+7.10%	+16.89%
Change	-1.62	-0.90	-0.30	-	+0.50	+1.30	+3.09
Level	Minor	Major	Minor	-	Intermediate	Minor	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	17.30	17.50	17.60	17.80	17.90	18.10	18.20
Camarilla	17.62	17.65	17.67	17.70	17.73	17.76	17.78
Woodie	17.25	17.48	17.55	17.78	17.85	18.08	18.15
Fibonacci	17.50	17.62	17.69	17.80	17.92	17.99	18.10

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	17.07	17.29	17.55	17.77	18.03	18.25	18.51
Camarilla	17.67	17.71	17.76	17.80	17.84	17.89	17.93
Woodie	17.08	17.30	17.56	17.78	18.04	18.26	18.52
Fibonacci	17.29	17.48	17.59	17.77	17.96	18.07	18.25

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.67	14.39	15.95	18.67	20.23	22.95	24.51
Camarilla	16.32	16.72	17.11	17.50	17.89	18.29	18.68
Woodie	11.08	14.10	15.36	18.38	19.64	22.66	23.92
Fibonacci	14.39	16.03	17.04	18.67	20.31	21.32	22.95

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):	41.49
MACD (12,26,9):	-0.6300
Directional Movement:	-14.15
AROON (14):	-35.72
DEMA (21):	17.78
Parabolic SAR (0,02-0,02-0,2):	17.12
Elder Ray (13):	-0.09
Super Trend (3,10):	19.37
Zig ZAG (10):	18.20
VORTEX (21):	0.7200
Stochastique (14,3,5):	26.45
TEMA (21):	17.30
Williams %R (14):	-62.50
Chande Momentum Oscillator (20):	-0.22
Repulse (5,40,3):	-1.6500
ROCnROLL:	-1
TRIX (15,9):	-0.4600
Courbe Coppock:	21.49

MA7:	17.84
MA20:	18.77
MA50:	19.83
MA100:	18.83
MAexp7:	17.96
MAexp20:	18.56
MAexp50:	19.09
MAexp100:	18.92
Price / MA7:	+2.58%
Price / MA20:	-2.50%
Price / MA50:	-7.72%
Price / MA100:	-2.81%
Price / MAexp7:	+1.89%
Price / MAexp20:	-1.40%
Price / MAexp50:	-4.14%
Price / MAexp100:	-3.28%

Quotes : - 15 min delayed data - Euronext Bruxelles

This member declared not having a position on this financial instrument or a related financial instrument.

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