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 08/13/2024 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Slightly bullish
Technical indicators
61%
11%
28%
My opinion
Bullish above 2.75 EUR
My targets
2.94 EUR (+3.52%)
3.16 EUR (+11.27%)
My analysis
The strong short-term increase for AFYREN reinforces the current slightly bullish trend. As long as the price remains above 2.75 EUR, you could take advantage of this bullish acceleration. The first bullish objective is located at 2.94 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 3.16 EUR as an objective. Crossing it would then enable buyers to target 3.35 EUR. A return to 2.75 EUR would be a sign of a possible correction of short-term bullish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.

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
4.6

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:
Daily Weekly

Additional analysis

Quotes

The AFYREN price is 2.84 EUR. The price registered an increase of +1.43% on the session with the lowest point at 2.75 EUR and the highest point at 2.87 EUR. The deviation from the price is +3.27% for the low point and -1.05% for the high point.

2.75
2.87
2.84

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

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



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

Technical


Technical analysis of AFYREN in 1H shows an overall slightly bullish trend. Only 60.71% of the signals given by moving averages are bullish. This slightly bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


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


S3S2S1R1PriceR2R3
ProTrendLines 2.40 2.54 2.75 2.84 2.84 2.94 3.16
Change (%) -15.49% -10.56% -3.17% 0% - +3.52% +11.27%
Change -0.44 -0.30 -0.09 0 - +0.10 +0.32
Level Minor Intermediate Major Minor - Intermediate Intermediate



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.502.602.702.802.903.003.10
Camarilla2.752.762.782.802.822.842.86
Woodie2.502.602.702.802.903.003.10
Fibonacci2.602.682.722.802.882.923.00


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.262.402.562.702.863.003.16
Camarilla2.642.672.692.722.752.782.80
Woodie2.272.412.572.712.873.013.17
Fibonacci2.402.522.592.702.822.893.00


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.361.082.002.723.644.365.28
Camarilla2.462.612.762.913.063.213.36
Woodie0.451.132.092.773.734.415.37
Fibonacci1.081.712.102.723.353.744.36

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 55.10
MACD (12,26,9): 0.0300
Directional Movement: -0.73
AROON (14): 7.14
DEMA (21): 2.81
Parabolic SAR (0,02-0,02-0,2): 2.67
Elder Ray (13): 0.03
Super Trend (3,10): 2.68
Zig ZAG (10): 2.84
VORTEX (21): 0.7800
Stochastique (14,3,5): 55.00
TEMA (21): 2.84
Williams %R (14): -30.00
Chande Momentum Oscillator (20): 0.06
Repulse (5,40,3): -2.5400
ROCnROLL: 1
TRIX (15,9): 0.1300
Courbe Coppock: 4.62
MA7: 2.74
MA20: 2.85
MA50: 2.41
MA100: 2.40
MAexp7: 2.81
MAexp20: 2.78
MAexp50: 2.77
MAexp100: 2.78
Price / MA7: +3.65%
Price / MA20: -0.35%
Price / MA50: +17.84%
Price / MA100: +18.33%
Price / MAexp7: +1.07%
Price / MAexp20: +2.16%
Price / MAexp50: +2.53%
Price / MAexp100: +2.16%

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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