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FORSEE POWER
FORSEE POWER
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: FORSE
ISIN: FR0014005SB3

FORSEE POWER - 1H - Technical analysis published on 07/25/2024 (GMT)

  • 116
  • 0
  • Timeframe : 1H
  • - Analysis generated on
  • Status : NEUTRAL

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Bearish
Underlying: Neutral
Technical indicators
50%
17%
33%
My opinion
Neutral between 0.829 EUR and 0.866 EUR
My targets
-
My analysis
The basic trend is neutral and the short term is tentatively bearish. With such a pattern, it is difficult to favour buying or selling. The first support is located at 0.829 EUR. The first resistance is located at 0.866 EUR. However, the probabilities of moving towards the first support before the first resistance are slightly higher. Without a basic trend, it is important to monitor the price response at these levels. A bearish break in the support or a bullish break in the resistance could provide a signal that would set the new direction of the basic trend. On the other hand, if the price is blocked by support or resistance, it could be attractive to trade against the trend on the last short-term movement recorded by FORSEE POWER.

In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.

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.

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

Additional analysis

Quotes

FORSEE POWER rating 0.843 EUR. On the day, this instrument lost -4.21% and was traded between 0.836 EUR and 0.900 EUR over the period. The price is currently at +0.84% from its lowest and -6.33% from its highest.

0.836
0.900
0.843

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of FORSEE POWER indicates that the overall trend is not clearly defined. This indecision could turn into a bearish trend due to the slightly bearish signals currently given by short-term moving averages. An assessment of moving averages reveals 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 50

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



Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Near resistance of channel

Type : Bearish

Timeframe : 1 hour


Near resistance of triangle

Type : Bearish

Timeframe : 1 hour



The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Central Candlesticks

Long white line

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
ProTrendLines 0.796 0.840 0.843 0.866 0.886 0.914
Change (%) -5.58% -0.36% - +2.73% +5.10% +8.42%
Change -0.047 -0.003 - +0.023 +0.043 +0.071
Level Intermediate Minor - Major Intermediate 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
Standard0.8280.8460.8630.8810.8980.9160.933
Camarilla0.8700.8740.8770.8800.8830.8860.890
Woodie0.8280.8460.8630.8810.8980.9160.933
Fibonacci0.8460.8590.8680.8810.8940.9030.916


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.7290.7800.8290.8800.9290.9801.029
Camarilla0.8500.8590.8680.8770.8860.8950.905
Woodie0.7270.7800.8270.8800.9270.9801.027
Fibonacci0.7800.8190.8420.8800.9190.9420.980


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.5180.6690.7870.9381.0561.2071.325
Camarilla0.8300.8550.8790.9040.9290.9530.978
Woodie0.5010.6610.7700.9301.0391.1991.308
Fibonacci0.6690.7720.8360.9381.0411.1051.207

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): 56.03
MACD (12,26,9): -0.0030
Directional Movement: -3.015
AROON (14): -92.857
DEMA (21): 0.878
Parabolic SAR (0,02-0,02-0,2): 0.899
Elder Ray (13): -0.012
Super Trend (3,10): 0.855
Zig ZAG (10): 0.899
VORTEX (21): 0.8790
Stochastique (14,3,5): 54.11
TEMA (21): 0.876
Williams %R (14): -1.56
Chande Momentum Oscillator (20): 0.001
Repulse (5,40,3): 4.7620
ROCnROLL: 1
TRIX (15,9): -0.0710
Courbe Coppock: 3.44
MA7: 0.884
MA20: 0.894
MA50: 0.961
MA100: 1.150
MAexp7: 0.881
MAexp20: 0.882
MAexp50: 0.886
MAexp100: 0.891
Price / MA7: -4.64%
Price / MA20: -5.70%
Price / MA50: -12.28%
Price / MA100: -26.70%
Price / MAexp7: -4.31%
Price / MAexp20: -4.42%
Price / MAexp50: -4.85%
Price / MAexp100: -5.39%

Quotes : - 15 min delayed data - Euronext Paris

News


The last news published on FORSEE POWER 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.

About author

Londinia
Londinia AI

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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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