LATECOERE
LATECOERE
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: LAT
ISIN: FR001400JY13

LATECOERE - Daily - Technical analysis published on 06/17/2024 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under 0.0119 EUR
My targets
0.0101 EUR (-9.01%)
My analysis
The bearish trend is currently very strong for LATECOERE. As long as the price remains below the resistance at 0.0119 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.0101 EUR. The bearish momentum would be revived by a break in this support. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
7.3

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.

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

Additional analysis

Quotes

The LATECOERE price is 0.0111 EUR. On the day, this instrument gained +12.12% and was between 0.0102 EUR and 0.0115 EUR. This implies that the price is at +8.82% from its lowest and at -3.48% from its highest.

0.0102
0.0115
0.0111

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



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


A technical analysis in Daily of this LATECOERE chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : Daily

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

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
R1
R2
R3
Price


PriceR1R2R3
ProTrendLines 0.0111 0.0119 0.0341 0.0864
Change (%) - +7.21% +207.21% +678.38%
Change - +0.0008 +0.0230 +0.0753
Level - Major Minor Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.00720.00860.00920.01060.01120.01260.0132
Camarilla0.00940.00950.00970.00990.01010.01030.0105
Woodie0.00690.00840.00890.01040.01090.01240.0129
Fibonacci0.00860.00930.00980.01060.01130.01180.0126


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.00640.00820.00900.01080.01160.01340.0142
Camarilla0.00920.00940.00970.00990.01010.01040.0106
Woodie0.00600.00800.00860.01060.01120.01320.0138
Fibonacci0.00820.00920.00980.01080.01180.01240.0134


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.01010.01100.01180.01270.01350.01440.0152
Camarilla0.01210.01230.01240.01260.01280.01290.0131
Woodie0.01010.01100.01180.01270.01350.01440.0152
Fibonacci0.01100.01170.01210.01270.01340.01380.0144

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): 38.24
MACD (12,26,9): -0.0005
Directional Movement: -31.1055
AROON (14): -92.8571
DEMA (21): 0.0115
Parabolic SAR (0,02-0,02-0,2): 0.0134
Elder Ray (13): -0.0011
Super Trend (3,10): 0.0127
Zig ZAG (10): 0.0111
VORTEX (21): 0.7805
Stochastique (14,3,5): 14.99
TEMA (21): 0.0113
Williams %R (14): -61.29
Chande Momentum Oscillator (20): -0.0013
Repulse (5,40,3): -19.3694
ROCnROLL: 2
TRIX (15,9): -0.3566
Courbe Coppock: 19.59
MA7: 0.0117
MA20: 0.0123
MA50: 0.0128
MA100: 0.0139
MAexp7: 0.0115
MAexp20: 0.0121
MAexp50: 0.0129
MAexp100: 0.0154
Price / MA7: -5.13%
Price / MA20: -9.76%
Price / MA50: -13.28%
Price / MA100: -20.14%
Price / MAexp7: -3.48%
Price / MAexp20: -8.26%
Price / MAexp50: -13.95%
Price / MAexp100: -27.92%

Quotes : - 15 min delayed data - Euronext Paris

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

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