AYVENS - Daily - Technical analysis published on 11/18/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
61%
17%
22%
My opinion
Bullish above 13.30 EUR
My targets
13.85 EUR (+1.69%)
14.22 EUR (+4.41%)
My analysis
ALD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 13.30 EUR. The next resistance located at 13.85 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 14.22 EUR. After this resistance, buyers could then target 14.56 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
FORCE
0
10
6.8
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ALD price is 13.62 EUR. On the day, this instrument lost -0.58% with the lowest point at 13.58 EUR and the highest point at 13.76 EUR. The deviation from the price is +0.29% for the low point and -1.02% for the high point.13.58
13.76
13.62
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ALD:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of ALD indicates that the overall trend is strongly bullish. 85.71% 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. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Moving Average bullish crossovers : MA20 & MA50
Type : Bullish
Timeframe : Daily
An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 12.54 | 12.99 | 13.30 | 13.62 | 13.85 | 14.22 | 14.56 |
| Change (%) | -7.93% | -4.63% | -2.35% | - | +1.69% | +4.41% | +6.90% |
| Change | -1.08 | -0.63 | -0.32 | - | +0.23 | +0.60 | +0.94 |
| Level | Major | Intermediate | Intermediate | - | Major | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.45 | 13.51 | 13.61 | 13.67 | 13.77 | 13.83 | 13.93 |
| Camarilla | 13.66 | 13.67 | 13.69 | 13.70 | 13.72 | 13.73 | 13.74 |
| Woodie | 13.46 | 13.52 | 13.62 | 13.68 | 13.78 | 13.84 | 13.94 |
| Fibonacci | 13.51 | 13.57 | 13.61 | 13.67 | 13.73 | 13.77 | 13.83 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.71 | 13.13 | 13.41 | 13.83 | 14.11 | 14.53 | 14.81 |
| Camarilla | 13.51 | 13.57 | 13.64 | 13.70 | 13.76 | 13.83 | 13.89 |
| Woodie | 12.65 | 13.10 | 13.35 | 13.80 | 14.05 | 14.50 | 14.75 |
| Fibonacci | 13.13 | 13.39 | 13.56 | 13.83 | 14.09 | 14.26 | 14.53 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.80 | 11.46 | 12.08 | 12.74 | 13.36 | 14.02 | 14.64 |
| Camarilla | 12.35 | 12.47 | 12.58 | 12.70 | 12.82 | 12.94 | 13.05 |
| Woodie | 10.78 | 11.45 | 12.06 | 12.73 | 13.34 | 14.01 | 14.62 |
| Fibonacci | 11.46 | 11.95 | 12.25 | 12.74 | 13.23 | 13.53 | 14.02 |
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): | 55.37 | |
| MACD (12,26,9): | 0.2000 | |
| Directional Movement: | 10.86 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 13.64 | |
| Parabolic SAR (0,02-0,02-0,2): | 13.49 | |
| Elder Ray (13): | 0.13 | |
| Super Trend (3,10): | 13.15 | |
| Zig ZAG (10): | 13.62 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 62.60 | |
| TEMA (21): | 13.84 | |
| Williams %R (14): | -37.80 | |
| Chande Momentum Oscillator (20): | 0.92 | |
| Repulse (5,40,3): | -2.2900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1500 | |
| Courbe Coppock: | 13.87 |
| MA7: | 13.85 | |
| MA20: | 13.26 | |
| MA50: | 13.23 | |
| MA100: | 13.30 | |
| MAexp7: | 13.67 | |
| MAexp20: | 13.42 | |
| MAexp50: | 13.28 | |
| MAexp100: | 13.18 | |
| Price / MA7: | -1.66% | |
| Price / MA20: | +2.71% | |
| Price / MA50: | +2.95% | |
| Price / MA100: | +2.41% | |
| Price / MAexp7: | -0.37% | |
| Price / MAexp20: | +1.49% | |
| Price / MAexp50: | +2.56% | |
| Price / MAexp100: | +3.34% |
News
The latest news and videos published on ALD at the time of the analysis were as follows:
- ALD: Q3 & 9M 2019 Trading Update
- ALD reports First Half 2019 Results
- ALD: Half-year liquidity contract statement
- ALD: Update on the share buyback program
- ALD OFFERING PERSONAL CAR LEASING ON AMAZON.ES
This member declared not having a position on this financial instrument or a related financial instrument.
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