EBUSCO HOLDING - 1H - Technical analysis published on 12/06/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 1.5281 EUR
My targets
2.1914 EUR (+30.44%)
3.3000 EUR (+96.43%)
My analysis
The bullish trend is currently very strong on EBUSCO HOLDING. As long as the price remains above the support at 1.5281 EUR, you could try to benefit from the boom. The first bullish objective is located at 2.1914 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 3.3000 EUR as an objective. Crossing it would then enable buyers to target 3.8205 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
0
10
8.4
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EBUSCO HOLDING price is 1.6800 EUR. The price has increased by +19.90% since the last closing with the lowest point at 1.3900 EUR and the highest point at 1.7000 EUR. The deviation from the price is +20.86% for the low point and -1.18% for the high point.1.3900
1.7000
1.6800
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 EBUSCO HOLDING:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this EBUSCO HOLDING chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 14 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish engulfing lines
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.8680 | 1.5281 | 1.6800 | 3.3000 | 3.8205 | 4.2900 |
| Change (%) | -48.33% | -9.04% | - | +96.43% | +127.41% | +155.36% |
| Change | -0.8120 | -0.1519 | - | +1.6200 | +2.1405 | +2.6100 |
| Level | Major | Major | - | Minor | Minor | Intermediate |
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 | 1.2765 | 1.3157 | 1.3585 | 1.3977 | 1.4405 | 1.4797 | 1.5225 |
| Camarilla | 1.3787 | 1.3862 | 1.3937 | 1.4012 | 1.4087 | 1.4162 | 1.4238 |
| Woodie | 1.2782 | 1.3166 | 1.3602 | 1.3986 | 1.4422 | 1.4806 | 1.5242 |
| Fibonacci | 1.3157 | 1.3471 | 1.3664 | 1.3977 | 1.4291 | 1.4484 | 1.4797 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.5831 | 0.7115 | 0.8781 | 1.0065 | 1.1731 | 1.3015 | 1.4681 |
| Camarilla | 0.9635 | 0.9905 | 1.0176 | 1.0446 | 1.0716 | 1.0987 | 1.1257 |
| Woodie | 0.6021 | 0.7211 | 0.8971 | 1.0161 | 1.1921 | 1.3111 | 1.4871 |
| Fibonacci | 0.7115 | 0.8242 | 0.8938 | 1.0065 | 1.1192 | 1.1888 | 1.3015 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -4.3363 | -1.7781 | -0.3668 | 2.1914 | 3.6027 | 6.1609 | 7.5722 |
| Camarilla | -0.0470 | 0.3169 | 0.6807 | 1.0446 | 1.4085 | 1.7723 | 2.1362 |
| Woodie | -4.9097 | -2.0648 | -0.9402 | 1.9047 | 3.0294 | 5.8742 | 6.9989 |
| Fibonacci | -1.7781 | -0.2618 | 0.6750 | 2.1914 | 3.7077 | 4.6445 | 6.1609 |
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): | 74.69 | |
| MACD (12,26,9): | 0.0969 | |
| Directional Movement: | 30.4360 | |
| AROON (14): | 78.5714 | |
| DEMA (21): | 1.5967 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.4252 | |
| Elder Ray (13): | 0.0982 | |
| Super Trend (3,10): | 1.4461 | |
| Zig ZAG (10): | 1.6454 | |
| VORTEX (21): | 1.1571 | |
| Stochastique (14,3,5): | 79.44 | |
| TEMA (21): | 1.6259 | |
| Williams %R (14): | -15.29 | |
| Chande Momentum Oscillator (20): | 0.2506 | |
| Repulse (5,40,3): | 4.0666 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.8891 | |
| Courbe Coppock: | 27.84 |
| MA7: | 1.2737 | |
| MA20: | 1.2642 | |
| MA50: | 2.4223 | |
| MA100: | 3.6668 | |
| MAexp7: | 1.5846 | |
| MAexp20: | 1.4733 | |
| MAexp50: | 1.3272 | |
| MAexp100: | 1.2939 | |
| Price / MA7: | +31.90% | |
| Price / MA20: | +32.89% | |
| Price / MA50: | -30.64% | |
| Price / MA100: | -54.18% | |
| Price / MAexp7: | +6.02% | |
| Price / MAexp20: | +14.03% | |
| Price / MAexp50: | +26.58% | |
| Price / MAexp100: | +29.84% |
Quotes :
-
15 min delayed data
-
Euronext Amsterdam
This member declared not having a position on this financial instrument or a related financial instrument.
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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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