IMERYS - 1H - Technical analysis published on 06/06/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
33%
28%
39%
My opinion
Bullish above 36.85 EUR
My targets
38.36 EUR (+0.79%)
38.77 EUR (+1.86%)
My analysis
The basic bullish trend is very strong on IMERYS but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 36.85 EUR. Crossing the first resistance at 38.36 EUR would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 38.77 EUR as an objective. Crossing it would then enable buyers to target 42.17 EUR. Caution, a return to below 36.85 EUR would be a sign of a consolidation phase in the short-term basic trend. 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 are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
5.5
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.
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Additional analysis
Quotes
The IMERYS price is 38.06 EUR. The price is lower by -0.05% since the last closing with the lowest point at 37.98 EUR and the highest point at 38.30 EUR. The deviation from the price is +0.21% for the low point and -0.63% for the high point.37.98
38.30
38.06
Here is a more detailed summary of the historical variations registered by IMERYS:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of IMERYS in 1H shows a strongly overall bullish trend. The signals given by moving averages are 89.29% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Moving Average bearish crossovers : AMA20 & AMA50
Type : Bearish
Timeframe : 1 hour
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 34.62 | 35.46 | 36.85 | 38.06 | 38.36 | 42.17 | 47.11 |
| Change (%) | -9.04% | -6.83% | -3.18% | - | +0.79% | +10.80% | +23.78% |
| Change | -3.44 | -2.60 | -1.21 | - | +0.30 | +4.11 | +9.05 |
| Level | Major | Minor | Major | - | Intermediate | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 37.07 | 37.39 | 37.73 | 38.05 | 38.39 | 38.71 | 39.05 |
| Camarilla | 37.90 | 37.96 | 38.02 | 38.08 | 38.14 | 38.20 | 38.26 |
| Woodie | 37.09 | 37.40 | 37.75 | 38.06 | 38.41 | 38.72 | 39.07 |
| Fibonacci | 37.39 | 37.64 | 37.80 | 38.05 | 38.30 | 38.46 | 38.71 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 32.59 | 33.53 | 34.65 | 35.59 | 36.71 | 37.65 | 38.77 |
| Camarilla | 35.19 | 35.38 | 35.57 | 35.76 | 35.95 | 36.14 | 36.33 |
| Woodie | 32.67 | 33.58 | 34.73 | 35.64 | 36.79 | 37.70 | 38.85 |
| Fibonacci | 33.53 | 34.32 | 34.81 | 35.59 | 36.38 | 36.87 | 37.65 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 27.05 | 29.11 | 32.43 | 34.49 | 37.81 | 39.87 | 43.19 |
| Camarilla | 34.28 | 34.77 | 35.27 | 35.76 | 36.25 | 36.75 | 37.24 |
| Woodie | 27.69 | 29.43 | 33.07 | 34.81 | 38.45 | 40.19 | 43.83 |
| Fibonacci | 29.11 | 31.16 | 32.43 | 34.49 | 36.54 | 37.81 | 39.87 |
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): | 61.28 | |
| MACD (12,26,9): | 0.3600 | |
| Directional Movement: | 22.74 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 38.29 | |
| Parabolic SAR (0,02-0,02-0,2): | 38.30 | |
| Elder Ray (13): | 0.14 | |
| Super Trend (3,10): | 37.27 | |
| Zig ZAG (10): | 38.02 | |
| VORTEX (21): | 1.1200 | |
| Stochastique (14,3,5): | 61.96 | |
| TEMA (21): | 38.22 | |
| Williams %R (14): | -51.52 | |
| Chande Momentum Oscillator (20): | -0.04 | |
| Repulse (5,40,3): | -0.4300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1700 | |
| Courbe Coppock: | 2.25 |
| MA7: | 36.80 | |
| MA20: | 35.22 | |
| MA50: | 32.12 | |
| MA100: | 30.57 | |
| MAexp7: | 38.02 | |
| MAexp20: | 37.76 | |
| MAexp50: | 36.95 | |
| MAexp100: | 36.04 | |
| Price / MA7: | +3.42% | |
| Price / MA20: | +8.06% | |
| Price / MA50: | +18.49% | |
| Price / MA100: | +24.50% | |
| Price / MAexp7: | +0.11% | |
| Price / MAexp20: | +0.79% | |
| Price / MAexp50: | +3.00% | |
| Price / MAexp100: | +5.60% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The latest news and videos published on IMERYS at the time of the analysis were as follows:
- Imerys Enters Long-Term Partnership with TotalEnergies for Renewable Power at its Santa Barbara County Facility
- TotalEnergies ENEOS Signs Solar Rooftop Project With Imerys, a world's leading supplier of mineral-based specialty solutions
- Imerys to Sell its Sahuarita Arizona Operation to Cimbar Performance Minerals
- IMERYS RELEASES NEW PRODUCT: ImerShield™ Flame Retardants
- Lomiko Metals Neighbour, Multinational Conglomerate Imerys Carbon & Graphite, Adds New Graphite Battery Product and Increase Prices for 2020
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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