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FORSEE POWER
FORSEE POWER
85.83 EUR (+0.47%)
03/30/2025 - 12:04 Open 15 min delayed data - Euronext Paris
Open: 85.43
Change: +0.40
Volume: 10,537
Low: 84.70
High: 86.79
High / Low range: 2.09
Type: Stocks
Ticker: FORSE
ISIN: FR0014005SB3

FORSEE POWER - 1H - Technical analysis published on 05/14/2024 (GMT)

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  • 05/14/2024 - 08:25
Londinia
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  • Timeframe : 1H
  • - Analysis generated on 05/14/2024 - 08:25
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Bullish
Underlying: Bullish
Technical indicators
89%
6%
6%
My opinion
Bullish above 1.114 EUR
My targets
1.140 EUR (+1.06%)
1.218 EUR (+7.98%)
My analysis
A bullish trend on FORSEE POWER both in substance and in the short term. A purchase could be considered as long as the price remains above 1.114 EUR. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 1.140 EUR. Then the price could move towards 1.218 EUR. Then 1.318 EUR by extension. Be careful, a return below 1.114 EUR would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.

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
6.8

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.

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

Additional analysis

Quotes

The FORSEE POWER rating is 1.128 EUR. The price registered an increase of +9.73% on the session with the lowest point at 1.080 EUR and the highest point at 1.146 EUR. The deviation from the price is +4.44% for the low point and -1.57% for the high point.

1.080
1.146
1.128

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
Created with Raphaël 2.3.0-80-60-40-20020January 1st1 year6 months1 month5 daysToday
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


A technical analysis in 1H of this FORSEE POWER chart shows a bullish trend. The signals given by moving averages are 71.43% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour


MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour



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

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : 1 hour


Black line without upper shadow

Type : Bearish

Timeframe : 1 hour


Bullish harami cross

Type : Bullish

Timeframe : 1 hour


Long black line

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.980 1.021 1.060 1.128 1.140 1.218 1.318
Change (%) -13.12% -9.49% -6.03% - +1.06% +7.98% +16.84%
Change -0.148 -0.107 -0.068 - +0.012 +0.090 +0.190
Level Intermediate Intermediate Major - 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
Standard0.9270.9600.9941.0271.0611.0941.128
Camarilla1.0101.0161.0221.0281.0341.0401.046
Woodie0.9280.9600.9951.0271.0621.0941.129
Fibonacci0.9600.9861.0011.0271.0531.0681.094


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.8490.9140.9491.0141.0491.1141.149
Camarilla0.9560.9650.9740.9830.9921.0011.011
Woodie0.8330.9070.9331.0071.0331.1071.133
Fibonacci0.9140.9530.9761.0141.0531.0761.114


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.1410.3700.6781.1891.4972.0082.316
Camarilla0.7610.8360.9110.9861.0611.1361.211
Woodie-0.2430.3190.5771.1381.3961.9572.215
Fibonacci0.3700.6830.8761.1891.5021.6952.008

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
Created with Raphaël 2.3.0Buy16
Moving averages
Created with Raphaël 2.3.0Buy20

RSI (14): 69.22
MACD (12,26,9): 0.0060
Directional Movement: 40.626
AROON (14): 78.571
DEMA (21): 1.030
Parabolic SAR (0,02-0,02-0,2): 0.993
Elder Ray (13): 0.081
Super Trend (3,10): 1.028
Zig ZAG (10): 1.118
VORTEX (21): 0.9300
Stochastique (14,3,5): 62.28
TEMA (21): 1.042
Williams %R (14): -15.66
Chande Momentum Oscillator (20): 0.102
Repulse (5,40,3): -2.6720
ROCnROLL: 1
TRIX (15,9): -0.0540
Courbe Coppock: 7.54
MA7: 1.037
MA20: 1.062
MA50: 1.368
MA100: 1.936
MAexp7: 1.040
MAexp20: 1.027
MAexp50: 1.027
MAexp100: 1.046
Price / MA7: +8.78%
Price / MA20: +6.21%
Price / MA50: -17.54%
Price / MA100: -41.74%
Price / MAexp7: +8.46%
Price / MAexp20: +9.83%
Price / MAexp50: +9.83%
Price / MAexp100: +7.84%

Quotes : 05/14/2024 - 08:05 - 15 min delayed data - Euronext Paris

News


Don't forget to follow the news on FORSEE POWER. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia
Londinia AI

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