OBIZ
OBIZ
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: ALBIZ
ISIN: FR0014003711

OBIZ - Daily - Technical analysis published on 04/18/2024 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 6.68 EUR
My targets
7.07 EUR (+3.06%)
7.60 EUR (+10.79%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on OBIZ. This is a positive signal for buyers. As long as the price remains above 6.68 EUR, a purchase could be considered. The first bullish objective is located at 7.07 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 7.60 EUR as an objective. In the event of a return below 6.68 EUR, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be 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
0
10
7.5

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 pierrott. Take part yourself by sharing additional analysis on another time unit:
Weekly

Additional analysis

Quotes

OBIZ rating 6.86 EUR. The price has increased by +9.59% since the last closing and was traded between 6.40 EUR and 6.86 EUR over the period. The price is currently at +7.19% from its lowest and 0% from its highest.

6.40
6.86
6.86

Here is a more detailed summary of the historical variations registered by OBIZ:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of OBIZ in Daily shows an overall bullish trend. The signals returned by the moving averages are 78.57% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : Daily


Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily


Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily



In fact, 16 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily


RSI indicator is back over 50

Type : Bullish

Timeframe : Daily



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

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Daily


Near resistance of channel

Type : Bearish

Timeframe : Daily


Resistance of triangle is broken

Type : Bullish

Timeframe : Daily



For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Central Candlesticks

Upside gap

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 6.26 6.42 6.68 6.86 7.07 7.60
Change (%) -8.75% -6.41% -2.62% - +3.06% +10.79%
Change -0.60 -0.44 -0.18 - +0.21 +0.74
Level Intermediate Minor Intermediate - Major Intermediate



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard5.996.096.176.276.356.456.53
Camarilla6.216.236.246.266.286.296.31
Woodie5.996.096.176.276.356.456.53
Fibonacci6.096.166.206.276.346.386.45


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard5.866.006.126.266.386.526.64
Camarilla6.176.196.226.246.266.296.31
Woodie5.856.006.116.266.376.526.63
Fibonacci6.006.106.166.266.366.426.52


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.445.005.405.966.366.927.32
Camarilla5.545.625.715.805.895.986.06
Woodie4.364.965.325.926.286.887.24
Fibonacci5.005.375.595.966.336.556.92

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): 69.44
MACD (12,26,9): 0.0200
Directional Movement: 19.94
AROON (14): 100.00
DEMA (21): 6.24
Parabolic SAR (0,02-0,02-0,2): 5.91
Elder Ray (13): 0.29
Super Trend (3,10): 6.08
Zig ZAG (10): 6.70
VORTEX (21): 0.9900
Stochastique (14,3,5): 84.26
TEMA (21): 6.32
Williams %R (14): 0.00
Chande Momentum Oscillator (20): 0.80
Repulse (5,40,3): 6.1200
ROCnROLL: 1
TRIX (15,9): -0.1200
Courbe Coppock: 12.54
MA7: 6.32
MA20: 6.12
MA50: 6.42
MA100: 6.29
MAexp7: 6.36
MAexp20: 6.24
MAexp50: 6.28
MAexp100: 6.25
Price / MA7: +8.54%
Price / MA20: +12.09%
Price / MA50: +6.85%
Price / MA100: +9.06%
Price / MAexp7: +7.86%
Price / MAexp20: +9.94%
Price / MAexp50: +9.24%
Price / MAexp100: +9.76%

Quotes : - 15 min delayed data - Euronext Paris

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

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