ALUMEXX N.V. - Daily - Technical analysis published on 12/29/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
6%
67%
28%
My opinion
Bearish under 0.651 EUR
My targets
0.559 EUR (-12.61%)
0.372 EUR (-41.88%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on ALUMEXX N.V. as long as the price remains well below 0.651 EUR. The sellers' bearish objective is set at 0.559 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.372 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
8
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This analysis was given by Londinia.
Additional analysis
Quotes
The ALUMEXX N.V. rating is 0.640 EUR. The price has increased by +4.24% since the last closing with the lowest point at 0.640 EUR and the highest point at 0.660 EUR. The deviation from the price is 0% for the low point and -3.03% for the high point.0.640
0.660
0.640
Here is a more detailed summary of the historical variations registered by ALUMEXX N.V.:
Technical
Technical analysis of this Daily chart of ALUMEXX N.V. indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 12 technical indicators on 18 studied are currently bearish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S1
R1
R2
R3
Price
S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|
ProTrendLines | 0.372 | 0.640 | 0.651 | 0.707 | 0.740 |
Change (%) | -41.88% | - | +1.72% | +10.47% | +15.63% |
Change | -0.268 | - | +0.011 | +0.067 | +0.100 |
Level | Minor | - | Major | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.566 | 0.590 | 0.602 | 0.626 | 0.638 | 0.662 | 0.674 |
Camarilla | 0.604 | 0.607 | 0.611 | 0.614 | 0.617 | 0.621 | 0.624 |
Woodie | 0.560 | 0.587 | 0.596 | 0.623 | 0.632 | 0.659 | 0.668 |
Fibonacci | 0.590 | 0.604 | 0.612 | 0.626 | 0.640 | 0.648 | 0.662 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.602 | 0.626 | 0.642 | 0.666 | 0.682 | 0.706 | 0.722 |
Camarilla | 0.647 | 0.651 | 0.654 | 0.658 | 0.662 | 0.665 | 0.669 |
Woodie | 0.598 | 0.624 | 0.638 | 0.664 | 0.678 | 0.704 | 0.718 |
Fibonacci | 0.626 | 0.641 | 0.651 | 0.666 | 0.681 | 0.691 | 0.706 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.559 | 0.605 | 0.639 | 0.685 | 0.719 | 0.765 | 0.799 |
Camarilla | 0.652 | 0.659 | 0.667 | 0.674 | 0.681 | 0.689 | 0.696 |
Woodie | 0.554 | 0.602 | 0.634 | 0.682 | 0.714 | 0.762 | 0.794 |
Fibonacci | 0.605 | 0.635 | 0.654 | 0.685 | 0.715 | 0.734 | 0.765 |
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
Moving averages
RSI (14): | 33.83 | |
MACD (12,26,9): | -0.0110 | |
Directional Movement: | -13.389 | |
AROON (14): | -100.000 | |
DEMA (21): | 0.657 | |
Parabolic SAR (0,02-0,02-0,2): | 0.705 | |
Elder Ray (13): | -0.029 | |
Super Trend (3,10): | 0.695 | |
Zig ZAG (10): | 0.622 | |
VORTEX (21): | 0.7180 | |
Stochastique (14,3,5): | 23.46 | |
TEMA (21): | 0.655 | |
Williams %R (14): | -77.78 | |
Chande Momentum Oscillator (20): | -0.042 | |
Repulse (5,40,3): | -4.1530 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.1390 | |
Courbe Coppock: | 7.28 |
MA7: | 0.660 | |
MA20: | 0.674 | |
MA50: | 0.682 | |
MA100: | 0.727 | |
MAexp7: | 0.657 | |
MAexp20: | 0.670 | |
MAexp50: | 0.688 | |
MAexp100: | 0.712 | |
Price / MA7: | -3.03% | |
Price / MA20: | -5.04% | |
Price / MA50: | -6.16% | |
Price / MA100: | -11.97% | |
Price / MAexp7: | -2.59% | |
Price / MAexp20: | -4.48% | |
Price / MAexp50: | -6.98% | |
Price / MAexp100: | -10.11% |
Quotes :
-
15 min delayed data
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Euronext Amsterdam
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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