AFYREN
AFYREN
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: ALAFY
ISIN: FR0014005AC9

AFYREN - 1H - Technical analysis published on 03/25/2024 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
11%
50%
39%
My opinion
Bullish above 1.848 EUR
My targets
1.920 EUR (+2.13%)
2.005 EUR (+6.65%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 1.848 EUR remains possible. It is advisable to trade AFYREN with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 1.848 EUR. The next bullish objective for buyers is set at 1.920 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2.005 EUR. If there is any crossing, the next objective would be the resistance located at 2.140 EUR. PS: if there is a bearish break in the support located at 1.848 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

Technical indicators are opposing the general bullish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
1.3

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

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 marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

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:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of this 1H chart of AFYREN indicates that the overall trend is bullish. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Central Indicators

Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour



In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour


RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour



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

Central Patterns

Support of channel is broken

Type : Bearish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.505 1.563 1.725 1.880 1.920 2.140 2.280
Change (%) -19.95% -16.86% -8.24% - +2.13% +13.83% +21.28%
Change -0.375 -0.317 -0.155 - +0.040 +0.260 +0.400
Level Intermediate Minor Minor - 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
Standard1.7671.8431.9171.9932.0672.1432.217
Camarilla1.9491.9631.9761.9902.0042.0182.031
Woodie1.7651.8431.9151.9932.0652.1432.215
Fibonacci1.8431.9011.9361.9932.0512.0862.143


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.8321.1231.5571.8482.2822.5733.007
Camarilla1.7911.8571.9241.9902.0572.1232.189
Woodie0.9031.1591.6281.8842.3532.6093.078
Fibonacci1.1231.4001.5711.8482.1252.2962.573


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.7551.1301.3801.7552.0052.3802.630
Camarilla1.4581.5151.5731.6301.6871.7451.802
Woodie0.6931.0991.3181.7241.9432.3492.568
Fibonacci1.1301.3691.5161.7551.9942.1412.380

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): 46.29
MACD (12,26,9): 0.0540
Directional Movement: -10.362
AROON (14): -100.000
DEMA (21): 2.025
Parabolic SAR (0,02-0,02-0,2): 2.082
Elder Ray (13): -0.029
Super Trend (3,10): 1.834
Zig ZAG (10): 1.880
VORTEX (21): 0.9690
Stochastique (14,3,5): 23.81
TEMA (21): 1.994
Williams %R (14): -100.00
Chande Momentum Oscillator (20): -0.090
Repulse (5,40,3): -5.9590
ROCnROLL: -1
TRIX (15,9): 0.6650
Courbe Coppock: 3.23
MA7: 1.726
MA20: 1.611
MA50: 1.777
MA100: 2.115
MAexp7: 1.959
MAexp20: 1.938
MAexp50: 1.803
MAexp100: 1.700
Price / MA7: +8.92%
Price / MA20: +16.70%
Price / MA50: +5.80%
Price / MA100: -11.11%
Price / MAexp7: -4.03%
Price / MAexp20: -2.99%
Price / MAexp50: +4.27%
Price / MAexp100: +10.59%

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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