AZELIS GROUP

- EUR (-)

- 15 min delayed data - Euronext Bruxelles

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	AZE
ISIN:	BE0974400328

AZELIS GROUP - 1H - Technical analysis published on 12/09/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

28%

My opinion

Bullish above 18.56 EUR

My targets

19.16 EUR (+0.52%)

19.46 EUR (+2.10%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AZELIS GROUP as long as the price remains well above 18.56 EUR. The buyers' bullish objective is set at 19.16 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 19.46 EUR. If there is any crossing, the next objective would be the resistance located at 19.71 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, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.4

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 AZELIS GROUP price is 19.06 EUR. On the day, this instrument gained +3.64% and was traded between 18.39 EUR and 19.18 EUR over the period. The price is currently at +3.64% from its lowest and -0.63% from its highest.

18.39

19.18

19.06

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

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 an element:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Abnormal volumes on AZELIS GROUP were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 20 days

Technical

Technical analysis of this 1H chart of AZELIS GROUP indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish 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 shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	18.24	18.56	19.01	19.06	19.16	19.46	19.71
Change (%)	-4.30%	-2.62%	-0.26%	-	+0.52%	+2.10%	+3.41%
Change	-0.82	-0.50	-0.05	-	+0.10	+0.40	+0.65
Level	Intermediate	Major	Minor	-	Intermediate	Minor	Major

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	17.78	18.09	18.57	18.88	19.36	19.67	20.15
Camarilla	18.84	18.92	18.99	19.06	19.13	19.21	19.28
Woodie	17.88	18.13	18.67	18.92	19.46	19.71	20.25
Fibonacci	18.09	18.39	18.58	18.88	19.18	19.37	19.67

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	17.42	17.69	18.05	18.32	18.68	18.95	19.31
Camarilla	18.25	18.31	18.36	18.42	18.48	18.54	18.59
Woodie	17.48	17.71	18.11	18.34	18.74	18.97	19.37
Fibonacci	17.69	17.93	18.08	18.32	18.56	18.71	18.95

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	15.62	16.76	17.59	18.73	19.56	20.70	21.53
Camarilla	17.88	18.06	18.24	18.42	18.60	18.78	18.96
Woodie	15.47	16.68	17.44	18.65	19.41	20.62	21.38
Fibonacci	16.76	17.51	17.98	18.73	19.48	19.95	20.70

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):	66.28
MACD (12,26,9):	0.1700
Directional Movement:	27.49
AROON (14):	21.43
DEMA (21):	18.95
Parabolic SAR (0,02-0,02-0,2):	18.36
Elder Ray (13):	0.19
Super Trend (3,10):	18.65
Zig ZAG (10):	19.06
VORTEX (21):	1.1900
Stochastique (14,3,5):	82.62
TEMA (21):	19.08
Williams %R (14):	-12.77
Chande Momentum Oscillator (20):	0.77
Repulse (5,40,3):	0.5000
ROCnROLL:	1
TRIX (15,9):	0.0900
Courbe Coppock:	7.64

MA7:	18.54
MA20:	18.53
MA50:	18.74
MA100:	18.53
MAexp7:	18.98
MAexp20:	18.76
MAexp50:	18.58
MAexp100:	18.51
Price / MA7:	+2.80%
Price / MA20:	+2.86%
Price / MA50:	+1.71%
Price / MA100:	+2.86%
Price / MAexp7:	+0.42%
Price / MAexp20:	+1.60%
Price / MAexp50:	+2.58%
Price / MAexp100:	+2.97%

Quotes : - 15 min delayed data - Euronext Bruxelles

News

The last news published on AZELIS GROUP at the time of the generation of this analysis was as follows:

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

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