EKOPAK
EKOPAK
- EUR (-)
- 15 min delayed data - Euronext Bruxelles
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: EKOP
ISIN: BE0974380124

EKOPAK - 1H - Technical analysis published on 10/17/2024 (GMT)

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  • 10/17/2024 - 12:55
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  • Timeframe : 1H
  • - Analysis generated on 10/17/2024 - 12:55
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 17.70 EUR
My targets
18.25 EUR (+1.39%)
19.00 EUR (+5.56%)
My analysis
The bullish trend is currently very strong on EKOPAK. As long as the price remains above the support at 17.70 EUR, you could try to benefit from the boom. The first bullish objective is located at 18.25 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 19.00 EUR as an objective. Crossing it would then enable buyers to target 19.63 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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
0
10
8

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:
Daily Weekly

Additional analysis

Quotes

The EKOPAK rating is 18.00 EUR. On the day, this instrument gained +4.65% and was between 17.20 EUR and 18.00 EUR. This implies that the price is at +4.65% from its lowest and at 0% from its highest.

17.20
18.00
18.00

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

Central Gaps

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:
Created with Raphaël 2.3.0-7.507.51522.5January 1st3 years1 year6 months1 month5 daysToday
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of this 1H chart of EKOPAK indicates that the overall trend is strongly bullish. 82.14% 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 market scanner currently does not detect any result that concerns moving averages.

In fact, 17 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour



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:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

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


S3S2S1PriceR1R2R3
ProTrendLines 16.30 17.04 17.70 18.00 18.25 19.00 19.63
Change (%) -9.44% -5.33% -1.67% - +1.39% +5.56% +9.06%
Change -1.70 -0.96 -0.30 - +0.25 +1.00 +1.63
Level Major Major Intermediate - Intermediate Intermediate Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard16.2016.5016.8517.1517.5017.8018.15
Camarilla17.0217.0817.1417.2017.2617.3217.38
Woodie16.2316.5116.8817.1617.5317.8118.18
Fibonacci16.5016.7516.9017.1517.4017.5517.80


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard15.5316.2716.7317.4717.9318.6719.13
Camarilla16.8716.9817.0917.2017.3117.4217.53
Woodie15.4016.2016.6017.4017.8018.6019.00
Fibonacci16.2716.7317.0117.4717.9318.2118.67


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard9.6011.3014.5516.2519.5021.2024.45
Camarilla16.4416.8917.3517.8018.2518.7119.16
Woodie10.3811.6915.3316.6420.2821.5925.23
Fibonacci11.3013.1914.3616.2518.1419.3121.20

Numerical data


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

Technical indicators
Created with Raphaël 2.3.0Buy17
Moving averages
Created with Raphaël 2.3.0Buy23

RSI (14): 69.17
MACD (12,26,9): 0.1900
Directional Movement: 25.51
AROON (14): 78.57
DEMA (21): 17.58
Parabolic SAR (0,02-0,02-0,2): 17.18
Elder Ray (13): 0.40
Super Trend (3,10): 17.31
Zig ZAG (10): 18.00
VORTEX (21): 1.2800
Stochastique (14,3,5): 98.61
TEMA (21): 17.84
Williams %R (14): 0.00
Chande Momentum Oscillator (20): 1.00
Repulse (5,40,3): 3.2500
ROCnROLL: 1
TRIX (15,9): 0.0400
Courbe Coppock: 9.65
MA7: 17.38
MA20: 17.19
MA50: 16.43
MA100: 17.21
MAexp7: 17.74
MAexp20: 17.41
MAexp50: 17.36
MAexp100: 17.26
Price / MA7: +3.57%
Price / MA20: +4.71%
Price / MA50: +9.56%
Price / MA100: +4.59%
Price / MAexp7: +1.47%
Price / MAexp20: +3.39%
Price / MAexp50: +3.69%
Price / MAexp100: +4.29%

Quotes : 10/17/2024 - 12:33 - 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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