AFYREN

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	ALAFY
ISIN:	FR0014005AC9

AFYREN - Weekly - Technical analysis published on 08/13/2024 (GMT)

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Timeframe : Weekly
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bearish

Technical indicators

72%

28%

My opinion

Bearish under 3.64 EUR

My targets

2.72 EUR (-4.12%)

2.28 EUR (-19.72%)

My analysis

In a bearish trend, the price of AFYREN tries to inflate a little with a slight short-term rebound. At this stage, no trend reversal is in sight. Globally, sellers have the upper hand. Traders may allow themselves to trade short positions (for sale) as long as the price remains below the resistance located at 3.64 EUR. A bearish break in the support located at 2.72 EUR would revive the bearish momentum and fuel the basic trend. Then the price could move towards 2.28 EUR. Then 1.43 EUR by extension. It would be safer to wait for a bearish break in the support located at 2.72 EUR before allowing yourself to re trade short positions (for sale) on AFYREN. PS: if there is a bullish break in the resistance located at 3.64 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.

Force

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

AFYREN rating 2.84 EUR. The price is up +5.19% over 5 days and has been traded over the last 5 days between 2.70 EUR and 2.90 EUR. This implies that the 5 day price is +5.19% from its lowest point and -2.07% from its highest point.

2.70

2.90

2.84

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.

Bullish opening

Type : Bullish

Timeframe : Openning

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

Technical

Technical analysis of this Weekly chart of AFYREN indicates that the overall trend is bearish. 67.86% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently given by short-term moving averages show a possible weakening of the global trend. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 13 technical indicators on 18 studied are currently positioned bullish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	1.43	2.28	2.84	4.03	5.63	7.34
Change (%)	-49.65%	-19.72%	-	+41.90%	+98.24%	+158.45%
Change	-1.41	-0.56	-	+1.19	+2.79	+4.50
Level	Major	Major	-	Intermediate	Intermediate	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.50	2.60	2.70	2.80	2.90	3.00	3.10
Camarilla	2.75	2.76	2.78	2.80	2.82	2.84	2.86
Woodie	2.50	2.60	2.70	2.80	2.90	3.00	3.10
Fibonacci	2.60	2.68	2.72	2.80	2.88	2.92	3.00

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.26	2.40	2.56	2.70	2.86	3.00	3.16
Camarilla	2.64	2.67	2.69	2.72	2.75	2.78	2.80
Woodie	2.27	2.41	2.57	2.71	2.87	3.01	3.17
Fibonacci	2.40	2.52	2.59	2.70	2.82	2.89	3.00

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.36	1.08	2.00	2.72	3.64	4.36	5.28
Camarilla	2.46	2.61	2.76	2.91	3.06	3.21	3.36
Woodie	0.45	1.13	2.09	2.77	3.73	4.41	5.37
Fibonacci	1.08	1.71	2.10	2.72	3.35	3.74	4.36

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):	55.33
MACD (12,26,9):	0.0700
Directional Movement:	14.55
AROON (14):	21.43
DEMA (21):	2.53
Parabolic SAR (0,02-0,02-0,2):	1.82
Elder Ray (13):	0.23
Super Trend (3,10):	1.66
Zig ZAG (10):	2.84
VORTEX (21):	1.1200
Stochastique (14,3,5):	61.77
TEMA (21):	2.86
Williams %R (14):	-34.46
Chande Momentum Oscillator (20):	0.34
Repulse (5,40,3):	8.5500
ROCnROLL:	-1
TRIX (15,9):	-0.1300
Courbe Coppock:	20.46

MA7:	2.74
MA20:	2.85
MA50:	2.41
MA100:	2.40
MAexp7:	2.70
MAexp20:	2.51
MAexp50:	2.89
MAexp100:	4.01
Price / MA7:	+3.65%
Price / MA20:	-0.35%
Price / MA50:	+17.84%
Price / MA100:	+18.33%
Price / MAexp7:	+5.19%
Price / MAexp20:	+13.15%
Price / MAexp50:	-1.73%
Price / MAexp100:	-29.18%

Quotes : - 15 min delayed data - Euronext Paris

News

The last news published on AFYREN 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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