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 03/28/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

83%

11%

My opinion

Bullish above 18.19 EUR

My targets

19.51 EUR (+3.78%)

20.00 EUR (+6.38%)

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 18.19 EUR. The next resistance located at 19.51 EUR is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 20.00 EUR. After this resistance, buyers could then target 20.50 EUR.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

6.3

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.

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Additional analysis

Quotes

The EKOPAK rating is 18.80 EUR. On the day, this instrument gained +3.58% and was between 18.10 EUR and 18.80 EUR. This implies that the price is at +3.87% from its lowest and at 0% from its highest.

18.10

18.80

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Opening Gap UP

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 several elements:

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of EKOPAK indicates that the overall trend is bullish. 71.43% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : Daily

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	R1	Price	R2	R3
ProTrendLines	17.12	17.55	18.19	18.80	18.80	19.51	20.00
Change (%)	-8.94%	-6.65%	-3.24%	0%	-	+3.78%	+6.38%
Change	-1.68	-1.25	-0.61	0	-	+0.71	+1.20
Level	Major	Major	Intermediate	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	17.63	17.87	18.33	18.57	19.03	19.27	19.73
Camarilla	18.61	18.67	18.74	18.80	18.86	18.93	18.99
Woodie	17.75	17.93	18.45	18.63	19.15	19.33	19.85
Fibonacci	17.87	18.13	18.30	18.57	18.83	19.00	19.27

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	17.03	17.27	17.43	17.67	17.83	18.07	18.23
Camarilla	17.49	17.53	17.56	17.60	17.64	17.67	17.71
Woodie	17.00	17.25	17.40	17.65	17.80	18.05	18.20
Fibonacci	17.27	17.42	17.51	17.67	17.82	17.91	18.07

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	15.40	16.35	17.05	18.00	18.70	19.65	20.35
Camarilla	17.30	17.45	17.60	17.75	17.90	18.05	18.20
Woodie	15.28	16.29	16.93	17.94	18.58	19.59	20.23
Fibonacci	16.35	16.98	17.37	18.00	18.63	19.02	19.65

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):	67.01
MACD (12,26,9):	0.0900
Directional Movement:	21.64
AROON (14):	100.00
DEMA (21):	17.94
Parabolic SAR (0,02-0,02-0,2):	17.38
Elder Ray (13):	0.50
Super Trend (3,10):	17.34
Zig ZAG (10):	18.80
VORTEX (21):	1.0600
Stochastique (14,3,5):	95.24
TEMA (21):	18.14
Williams %R (14):	0.00
Chande Momentum Oscillator (20):	1.30
Repulse (5,40,3):	4.6900
ROCnROLL:	1
TRIX (15,9):	-0.0300
Courbe Coppock:	4.56

MA7:	17.99
MA20:	17.79
MA50:	17.91
MA100:	18.35
MAexp7:	18.11
MAexp20:	17.89
MAexp50:	17.98
MAexp100:	18.20
Price / MA7:	+4.50%
Price / MA20:	+5.68%
Price / MA50:	+4.97%
Price / MA100:	+2.45%
Price / MAexp7:	+3.81%
Price / MAexp20:	+5.09%
Price / MAexp50:	+4.56%
Price / MAexp100:	+3.30%

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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