ATON - Daily - Technical analysis published on 07/19/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Neutral
Technical indicators
72%
0%
28%
My opinion
Bullish above 0.0110 EUR
My targets
0.0148 EUR (+27.33%)
0.0210 EUR (+81.29%)
My analysis
The strong short-term increase of ATON should quickly allow the basic trend to become bullish. As long as the price remains above the support located at 0.0110 EUR, a purchase could be considered. The first bullish objective is located at 0.0148 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers could then target the resistance located at 0.0210 EUR. If there is any crossing, the next objective would be the resistance at 0.0265 EUR. Caution, if there is a return under 0.0110 EUR, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.
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
0
10
3.8
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Additional analysis
Quotes
The ATON price is 0.0116 EUR. The price registered an increase of +16.00% on the session with the lowest point at 0.0100 EUR and the highest point at 0.0116 EUR. The deviation from the price is +16.00% for the low point and 0% for the high point.0.0100
0.0116
0.0116
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in Daily of this ATON chart shows a neutral trend. This indecision could turn into a bullish trend due to the strong bullish signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
In fact, 13 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
Ichimoku - Bullish crossover : Tenkan & Kijun
Type : Bullish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S1
R1
R2
R3
Price
S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|
ProTrendLines | 0.0087 | 0.0116 | 0.0265 | 0.0371 | 0.0557 |
Change (%) | -25.00% | - | +128.45% | +219.83% | +380.17% |
Change | -0.0029 | - | +0.0149 | +0.0255 | +0.0441 |
Level | Major | - | Minor | Intermediate | Minor |
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 | 0.0090 | 0.0094 | 0.0097 | 0.0101 | 0.0104 | 0.0108 | 0.0111 |
Camarilla | 0.0098 | 0.0099 | 0.0099 | 0.0100 | 0.0101 | 0.0101 | 0.0102 |
Woodie | 0.0090 | 0.0094 | 0.0097 | 0.0101 | 0.0104 | 0.0108 | 0.0111 |
Fibonacci | 0.0094 | 0.0097 | 0.0098 | 0.0101 | 0.0104 | 0.0105 | 0.0108 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.0056 | 0.0071 | 0.0089 | 0.0104 | 0.0122 | 0.0137 | 0.0155 |
Camarilla | 0.0097 | 0.0100 | 0.0103 | 0.0106 | 0.0109 | 0.0112 | 0.0115 |
Woodie | 0.0057 | 0.0072 | 0.0090 | 0.0105 | 0.0123 | 0.0138 | 0.0156 |
Fibonacci | 0.0071 | 0.0084 | 0.0092 | 0.0104 | 0.0117 | 0.0125 | 0.0137 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | -0.0052 | 0.0010 | 0.0048 | 0.0110 | 0.0148 | 0.0210 | 0.0248 |
Camarilla | 0.0058 | 0.0067 | 0.0076 | 0.0085 | 0.0094 | 0.0103 | 0.0113 |
Woodie | -0.0065 | 0.0004 | 0.0035 | 0.0104 | 0.0135 | 0.0204 | 0.0235 |
Fibonacci | 0.0010 | 0.0049 | 0.0072 | 0.0110 | 0.0149 | 0.0172 | 0.0210 |
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): | 61.10 | |
MACD (12,26,9): | 0.0004 | |
Directional Movement: | 11.4700 | |
AROON (14): | 42.8571 | |
DEMA (21): | 0.0103 | |
Parabolic SAR (0,02-0,02-0,2): | 0.0115 | |
Elder Ray (13): | 0.0005 | |
Super Trend (3,10): | 0.0117 | |
Zig ZAG (10): | 0.0113 | |
VORTEX (21): | 1.1150 | |
Stochastique (14,3,5): | 59.42 | |
TEMA (21): | 0.0108 | |
Williams %R (14): | -17.95 | |
Chande Momentum Oscillator (20): | 0.0031 | |
Repulse (5,40,3): | 10.6240 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.2979 | |
Courbe Coppock: | 50.95 |
MA7: | 0.0106 | |
MA20: | 0.0095 | |
MA50: | 0.0096 | |
MA100: | 0.0107 | |
MAexp7: | 0.0105 | |
MAexp20: | 0.0099 | |
MAexp50: | 0.0100 | |
MAexp100: | 0.0124 | |
Price / MA7: | +9.43% | |
Price / MA20: | +22.11% | |
Price / MA50: | +20.83% | |
Price / MA100: | +8.41% | |
Price / MAexp7: | +10.48% | |
Price / MAexp20: | +17.17% | |
Price / MAexp50: | +16.00% | |
Price / MAexp100: | -6.45% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The last news published on ATON at the time of the generation of this analysis was as follows:
- Aton Reports the Results From Its Phase 2 Diamond Drilling Programme at the Semna Gold Mine, Including 11.69 g/t Au and 1.38% Cu over an Interval of 5.19 metres
- Aton Reports New Surface Sampling Results From the Retained Exploration Areas at Abu Marawat, Including 183 g/t Au From Bohlog, 125 g/t Au From Semna, and 67.4 g/t Au From Kab Amira
-
Hybrigenics
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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