EUROAPI

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	EAPI
ISIN:	FR0014008VX5

EUROAPI - Daily - Technical analysis published on 01/31/2023 (GMT)

Londinia

I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!

Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

61%

33%

My opinion

Bearish under 16.330 EUR

My targets

13.594 EUR (-7.59%)

13.068 EUR (-11.16%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on EUROAPI. As long as you are under the resistance located at 16.330 EUR, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 13.594 EUR would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 13.068 EUR as an objective. If the resistance 16.330 EUR were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.

Force

0.7

Comment on the analysis

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:

Additional analysis

Quotes

The EUROAPI rating is 14.710 EUR. The price has increased by +6.67% since the last closing and was between 14.040 EUR and 14.730 EUR. This implies that the price is at +4.77% from its lowest and at -0.14% from its highest.

14.040

14.730

14.710

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 EUROAPI:

The Central Records scanner for higher/lower results shows the following items:

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 Daily chart of EUROAPI indicates that the overall trend is bearish. The signals given by moving averages are 71.43% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

An assessment of technical indicators shows a moderate bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

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

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	13.068	13.594	14.710	14.817	16.798	18.715
Change (%)	-11.16%	-7.59%	-	+0.73%	+14.19%	+27.23%
Change	-1.642	-1.116	-	+0.107	+2.088	+4.005
Level	Minor	Major	-	Intermediate	Intermediate	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.550	13.630	13.710	13.790	13.870	13.950	14.030
Camarilla	13.746	13.761	13.775	13.790	13.805	13.819	13.834
Woodie	13.550	13.630	13.710	13.790	13.870	13.950	14.030
Fibonacci	13.630	13.691	13.729	13.790	13.851	13.889	13.950

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.023	13.327	13.543	13.847	14.063	14.367	14.583
Camarilla	13.617	13.665	13.712	13.760	13.808	13.855	13.903
Woodie	12.980	13.305	13.500	13.825	14.020	14.345	14.540
Fibonacci	13.327	13.525	13.648	13.847	14.045	14.168	14.367

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8.340	10.820	12.335	14.815	16.330	18.810	20.325
Camarilla	12.751	13.118	13.484	13.850	14.216	14.582	14.949
Woodie	7.858	10.579	11.853	14.574	15.848	18.569	19.843
Fibonacci	10.820	12.346	13.289	14.815	16.341	17.284	18.810

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	57.52
MACD (12,26,9):	-0.1690
Directional Movement:	8.896
AROON (14):	-57.143
DEMA (21):	13.866
Parabolic SAR (0,02-0,02-0,2):	13.630
Elder Ray (13):	0.289
Super Trend (3,10):	14.684
Zig ZAG (10):	14.680
VORTEX (21):	0.9950
Stochastique (14,3,5):	39.35
TEMA (21):	14.096
Williams %R (14):	-7.49
Chande Momentum Oscillator (20):	0.205
Repulse (5,40,3):	3.8220
ROCnROLL:	-1
TRIX (15,9):	-0.2170
Courbe Coppock:	4.03

MA7:	13.944
MA20:	14.170
MA50:	14.758
MA100:	16.249
MAexp7:	14.083
MAexp20:	14.146
MAexp50:	14.778
MAexp100:	15.349
Price / MA7:	+5.49%
Price / MA20:	+3.81%
Price / MA50:	-0.33%
Price / MA100:	-9.47%
Price / MAexp7:	+4.45%
Price / MAexp20:	+3.99%
Price / MAexp50:	-0.46%
Price / MAexp100:	-4.16%

Quotes : - 15 min delayed data - Euronext Paris

News

The latest news and videos published on EUROAPI at the time of the analysis were as follows:

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

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Londinia AI

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