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 10/03/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

11%

My opinion

Bullish above 19.60 EUR

My targets

21.40 EUR (+5.42%)

My analysis

EKOPAK is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 19.60 EUR. The next resistance located at 21.40 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

8.9

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 EKOPAK rating is 20.30 EUR. The price registered an increase of +2.01% on the session and was between 19.90 EUR and 20.50 EUR. This implies that the price is at +2.01% from its lowest and at -0.98% from its highest.

19.90

20.50

20.30

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 20 days

Technical

Technical analysis of EKOPAK in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near resistance of channel

Type : Bearish

Timeframe : Daily

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	19.00	19.60	20.00	20.30	20.50	21.40
Change (%)	-6.40%	-3.45%	-1.48%	-	+0.99%	+5.42%
Change	-1.30	-0.70	-0.30	-	+0.20	+1.10
Level	Minor	Intermediate	Minor	-	Intermediate	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
Standard	19.35	19.50	19.70	19.85	20.05	20.20	20.40
Camarilla	19.80	19.84	19.87	19.90	19.93	19.96	20.00
Woodie	19.38	19.51	19.73	19.86	20.08	20.21	20.43
Fibonacci	19.50	19.63	19.72	19.85	19.98	20.07	20.20

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	18.82	19.03	19.47	19.68	20.12	20.33	20.77
Camarilla	19.72	19.78	19.84	19.90	19.96	20.02	20.08
Woodie	18.93	19.09	19.58	19.74	20.23	20.39	20.88
Fibonacci	19.03	19.28	19.44	19.68	19.93	20.09	20.33

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	16.82	17.43	18.67	19.28	20.52	21.13	22.37
Camarilla	19.39	19.56	19.73	19.90	20.07	20.24	20.41
Woodie	17.13	17.59	18.98	19.44	20.83	21.29	22.68
Fibonacci	17.43	18.14	18.58	19.28	19.99	20.43	21.13

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):	63.15
MACD (12,26,9):	0.3000
Directional Movement:	12.64
AROON (14):	100.00
DEMA (21):	19.72
Parabolic SAR (0,02-0,02-0,2):	18.78
Elder Ray (13):	0.66
Super Trend (3,10):	18.66
Zig ZAG (10):	20.00
VORTEX (21):	0.9800
Stochastique (14,3,5):	89.47
TEMA (21):	19.92
Williams %R (14):	-26.32
Chande Momentum Oscillator (20):	0.90
Repulse (5,40,3):	-1.5900
ROCnROLL:	1
TRIX (15,9):	0.1600
Courbe Coppock:	10.91

MA7:	19.75
MA20:	19.23
MA50:	18.91
MA100:	18.61
MAexp7:	19.82
MAexp20:	19.37
MAexp50:	19.04
MAexp100:	18.76
Price / MA7:	+2.78%
Price / MA20:	+5.56%
Price / MA50:	+7.35%
Price / MA100:	+9.08%
Price / MAexp7:	+2.42%
Price / MAexp20:	+4.80%
Price / MAexp50:	+6.62%
Price / MAexp100:	+8.21%

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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