E PANGO - Daily - Technical analysis published on 10/02/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 0.1943 EUR
My targets
0.0700 EUR (-29.29%)
My analysis
E PANGO is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.1943 EUR. The next support located at 0.0700 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.8
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This analysis was given by steph71. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The E PANGO price is 0.0990 EUR. The price has increased by +40.43% since the last closing and was traded between 0.0720 EUR and 0.0990 EUR over the period. The price is currently at +37.50% from its lowest and 0% from its highest.0.0720
0.0990
0.0990
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by E PANGO:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in Daily of this E PANGO chart shows a sharp bearish trend. The signals given by moving averages are 89.29% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.0700 | 0.0990 | 0.4259 | 0.7886 | 1.0443 |
| Change (%) | -29.29% | - | +330.20% | +696.57% | +954.85% |
| Change | -0.0290 | - | +0.3269 | +0.6896 | +0.9453 |
| Level | Major | - | Intermediate | Minor | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.0540 | 0.0630 | 0.0810 | 0.0900 | 0.1080 | 0.1170 | 0.1350 |
| Camarilla | 0.0916 | 0.0941 | 0.0965 | 0.0990 | 0.1015 | 0.1040 | 0.1064 |
| Woodie | 0.0585 | 0.0653 | 0.0855 | 0.0923 | 0.1125 | 0.1193 | 0.1395 |
| Fibonacci | 0.0630 | 0.0733 | 0.0797 | 0.0900 | 0.1003 | 0.1067 | 0.1170 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.1643 | -0.0472 | 0.0117 | 0.1288 | 0.1877 | 0.3048 | 0.3637 |
| Camarilla | 0.0221 | 0.0382 | 0.0544 | 0.0705 | 0.0866 | 0.1028 | 0.1189 |
| Woodie | -0.1935 | -0.0618 | -0.0175 | 0.1143 | 0.1585 | 0.2903 | 0.3345 |
| Fibonacci | -0.0472 | 0.0201 | 0.0616 | 0.1288 | 0.1961 | 0.2376 | 0.3048 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.4484 | -0.1926 | -0.0615 | 0.1943 | 0.3254 | 0.5812 | 0.7123 |
| Camarilla | -0.0367 | -0.0012 | 0.0342 | 0.0697 | 0.1052 | 0.1406 | 0.1761 |
| Woodie | -0.5107 | -0.2238 | -0.1238 | 0.1631 | 0.2632 | 0.5500 | 0.6501 |
| Fibonacci | -0.1926 | -0.0448 | 0.0465 | 0.1943 | 0.3421 | 0.4334 | 0.5812 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 44.49 | |
| MACD (12,26,9): | -0.0134 | |
| Directional Movement: | 2.2744 | |
| AROON (14): | -71.4286 | |
| DEMA (21): | 0.1282 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.3129 | |
| Elder Ray (13): | -0.0418 | |
| Super Trend (3,10): | 0.2331 | |
| Zig ZAG (10): | 0.0990 | |
| VORTEX (21): | 0.9781 | |
| Stochastique (14,3,5): | 3.25 | |
| TEMA (21): | 0.1086 | |
| Williams %R (14): | -91.72 | |
| Chande Momentum Oscillator (20): | -0.2990 | |
| Repulse (5,40,3): | 0.2481 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.9885 | |
| Courbe Coppock: | 55.10 |
| MA7: | 0.0843 | |
| MA20: | 0.1652 | |
| MA50: | 0.1200 | |
| MA100: | 0.1768 | |
| MAexp7: | 0.1031 | |
| MAexp20: | 0.1362 | |
| MAexp50: | 0.1492 | |
| MAexp100: | 0.2359 | |
| Price / MA7: | +17.44% | |
| Price / MA20: | -40.07% | |
| Price / MA50: | -17.50% | |
| Price / MA100: | -44.00% | |
| Price / MAexp7: | -3.98% | |
| Price / MAexp20: | -27.31% | |
| Price / MAexp50: | -33.65% | |
| Price / MAexp100: | -58.03% |
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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