ALLFUNDS GROUP - 1H - Technical analysis published on 10/04/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 5.315 EUR
My targets
5.707 EUR (+3.20%)
5.920 EUR (+7.05%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ALLFUNDS GROUP as long as the price remains well above 5.315 EUR. The buyers' bullish objective is set at 5.707 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 5.920 EUR. If there is any crossing, the next objective would be the resistance located at 6.721 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
0
10
8.6
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ALLFUNDS GROUP rating is 5.530 EUR. The price registered an increase of +10.69% on the session and was between 4.962 EUR and 5.780 EUR. This implies that the price is at +11.45% from its lowest and at -4.33% from its highest.4.962
5.780
5.530
The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New LOW record (5 years)
Type : Bearish
Timeframe : Weekly
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of ALLFUNDS GROUP indicates that the overall trend is strongly bullish. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 5.105 | 5.238 | 5.315 | 5.530 | 5.920 | 6.721 | 7.678 |
| Change (%) | -7.69% | -5.28% | -3.89% | - | +7.05% | +21.54% | +38.84% |
| Change | -0.425 | -0.292 | -0.215 | - | +0.390 | +1.191 | +2.148 |
| Level | Minor | Minor | Minor | - | Intermediate | Intermediate | Minor |
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 | 4.697 | 4.835 | 4.915 | 5.053 | 5.133 | 5.271 | 5.351 |
| Camarilla | 4.936 | 4.956 | 4.976 | 4.996 | 5.016 | 5.036 | 5.056 |
| Woodie | 4.669 | 4.821 | 4.887 | 5.039 | 5.105 | 5.257 | 5.323 |
| Fibonacci | 4.835 | 4.918 | 4.969 | 5.053 | 5.136 | 5.187 | 5.271 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.720 | 4.858 | 5.049 | 5.187 | 5.378 | 5.516 | 5.707 |
| Camarilla | 5.150 | 5.180 | 5.210 | 5.240 | 5.270 | 5.300 | 5.331 |
| Woodie | 4.747 | 4.871 | 5.076 | 5.200 | 5.405 | 5.529 | 5.734 |
| Fibonacci | 4.858 | 4.984 | 5.061 | 5.187 | 5.313 | 5.390 | 5.516 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.390 | 4.690 | 4.965 | 5.265 | 5.540 | 5.840 | 6.115 |
| Camarilla | 5.082 | 5.135 | 5.187 | 5.240 | 5.293 | 5.345 | 5.398 |
| Woodie | 4.378 | 4.684 | 4.953 | 5.259 | 5.528 | 5.834 | 6.103 |
| Fibonacci | 4.690 | 4.910 | 5.045 | 5.265 | 5.485 | 5.620 | 5.840 |
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): | 67.48 | |
| MACD (12,26,9): | 0.0930 | |
| Directional Movement: | 30.753 | |
| AROON (14): | 7.142 | |
| DEMA (21): | 5.389 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.026 | |
| Elder Ray (13): | 0.252 | |
| Super Trend (3,10): | 5.299 | |
| Zig ZAG (10): | 5.540 | |
| VORTEX (21): | 1.1240 | |
| Stochastique (14,3,5): | 76.57 | |
| TEMA (21): | 5.463 | |
| Williams %R (14): | -32.40 | |
| Chande Momentum Oscillator (20): | 0.445 | |
| Repulse (5,40,3): | -0.8230 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0690 | |
| Courbe Coppock: | 9.73 |
| MA7: | 5.189 | |
| MA20: | 5.150 | |
| MA50: | 5.389 | |
| MA100: | 5.671 | |
| MAexp7: | 5.447 | |
| MAexp20: | 5.293 | |
| MAexp50: | 5.219 | |
| MAexp100: | 5.191 | |
| Price / MA7: | +6.57% | |
| Price / MA20: | +7.38% | |
| Price / MA50: | +2.62% | |
| Price / MA100: | -2.49% | |
| Price / MAexp7: | +1.52% | |
| Price / MAexp20: | +4.48% | |
| Price / MAexp50: | +5.96% | |
| Price / MAexp100: | +6.53% |
Quotes :
-
15 min delayed data
-
Euronext Amsterdam
This member declared not having a position on this financial instrument or a related financial instrument.
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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