AFYREN

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	ALAFY
ISIN:	FR0014005AC9

AFYREN - Daily - Technical analysis published on 03/25/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bearish

Technical indicators

78%

22%

My opinion

Bullish above 1.755 EUR

My targets

2.005 EUR (+6.65%)

2.280 EUR (+21.28%)

My analysis

The strong short-term increase in AFYREN calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 1.755 EUR, you could consider taking advantage of the short-term movement. The first bullish objective is located at 2.005 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 2.280 EUR as an objective. Crossing it would then enable buyers to target 2.970 EUR. Caution, a return under 1.755 EUR could jeopardize the reversal.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

2.9

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.

This analysis was given by pierrott. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The AFYREN price is 1.880 EUR. The price registered a decrease of -5.53% on the session and was traded between 1.880 EUR and 1.995 EUR over the period. The price is currently at 0% from its lowest and -5.76% from its highest.

1.880

1.995

1.880

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by AFYREN:

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

A technical analysis in Daily of this AFYREN chart shows a slightly bearish trend. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that this slightly bearish trend could quickly be reversed. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily

The analysis of the price chart with Central Patterns scanners does not return any result.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	1.505	1.880	2.280	2.970	4.030
Change (%)	-19.95%	-	+21.28%	+57.98%	+114.36%
Change	-0.375	-	+0.400	+1.090	+2.150
Level	Intermediate	-	Minor	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	1.767	1.843	1.917	1.993	2.067	2.143	2.217
Camarilla	1.949	1.963	1.976	1.990	2.004	2.018	2.031
Woodie	1.765	1.843	1.915	1.993	2.065	2.143	2.215
Fibonacci	1.843	1.901	1.936	1.993	2.051	2.086	2.143

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.832	1.123	1.557	1.848	2.282	2.573	3.007
Camarilla	1.791	1.857	1.924	1.990	2.057	2.123	2.189
Woodie	0.903	1.159	1.628	1.884	2.353	2.609	3.078
Fibonacci	1.123	1.400	1.571	1.848	2.125	2.296	2.573

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.755	1.130	1.380	1.755	2.005	2.380	2.630
Camarilla	1.458	1.515	1.573	1.630	1.687	1.745	1.802
Woodie	0.693	1.099	1.318	1.724	1.943	2.349	2.568
Fibonacci	1.130	1.369	1.516	1.755	1.994	2.141	2.380

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):	58.61
MACD (12,26,9):	0.0200
Directional Movement:	23.295
AROON (14):	42.857
DEMA (21):	1.676
Parabolic SAR (0,02-0,02-0,2):	1.507
Elder Ray (13):	0.232
Super Trend (3,10):	1.567
Zig ZAG (10):	1.880
VORTEX (21):	0.9960
Stochastique (14,3,5):	78.23
TEMA (21):	1.780
Williams %R (14):	-35.37
Chande Momentum Oscillator (20):	0.285
Repulse (5,40,3):	-0.7210
ROCnROLL:	-1
TRIX (15,9):	-0.4570
Courbe Coppock:	19.43

MA7:	1.726
MA20:	1.611
MA50:	1.777
MA100:	2.115
MAexp7:	1.787
MAexp20:	1.686
MAexp50:	1.821
MAexp100:	2.269
Price / MA7:	+8.92%
Price / MA20:	+16.70%
Price / MA50:	+5.80%
Price / MA100:	-11.11%
Price / MAexp7:	+5.20%
Price / MAexp20:	+11.51%
Price / MAexp50:	+3.24%
Price / MAexp100:	-17.14%

Quotes : - 15 min delayed data - Euronext Paris

News

Don't forget to follow the news on AFYREN. At the time of publication of this analysis, the latest news was as follows:

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

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