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 08/04/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

22%

My opinion

Bullish above 10.874 EUR

My targets

12.005 EUR (+3.14%)

13.594 EUR (+16.79%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on EUROAPI as long as the price remains well above 10.874 EUR. The buyers' bullish objective is set at 12.005 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 13.594 EUR. If there is any crossing, the next objective would be the resistance located at 15.175 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.1

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.

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Additional analysis

Quotes

EUROAPI rating 11.640 EUR. On the day, this instrument gained +2.15% with the lowest point at 11.435 EUR and the highest point at 11.715 EUR. The deviation from the price is +1.79% for the low point and -0.64% for the high point.

11.435

11.715

11.640

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by EUROAPI:

Technical

Technical analysis of EUROAPI in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 82.14% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 13 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

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 : Weekly

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near resistance of triangle

Type : Bearish

Timeframe : Daily

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

Bullish harami

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	9.764	10.874	11.640	13.594	15.175	16.012
Change (%)	-16.12%	-6.58%	-	+16.79%	+30.37%	+37.56%
Change	-1.876	-0.766	-	+1.954	+3.535	+4.372
Level	Intermediate	Intermediate	-	Intermediate	Minor	Major

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
Standard	10.595	10.975	11.185	11.565	11.775	12.155	12.365
Camarilla	11.233	11.287	11.341	11.395	11.449	11.503	11.557
Woodie	10.510	10.933	11.100	11.523	11.690	12.113	12.280
Fibonacci	10.975	11.200	11.340	11.565	11.790	11.930	12.155

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.302	10.443	10.652	10.793	11.002	11.143	11.352
Camarilla	10.764	10.796	10.828	10.860	10.892	10.924	10.956
Woodie	10.335	10.460	10.685	10.810	11.035	11.160	11.385
Fibonacci	10.443	10.577	10.660	10.793	10.927	11.010	11.143

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.110	9.540	10.075	10.505	11.040	11.470	12.005
Camarilla	10.345	10.433	10.522	10.610	10.699	10.787	10.875
Woodie	9.163	9.566	10.128	10.531	11.093	11.496	12.058
Fibonacci	9.540	9.909	10.136	10.505	10.874	11.101	11.470

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):	60.75
MACD (12,26,9):	0.3270
Directional Movement:	19.418
AROON (14):	0
DEMA (21):	11.359
Parabolic SAR (0,02-0,02-0,2):	10.109
Elder Ray (13):	0.403
Super Trend (3,10):	10.625
Zig ZAG (10):	11.640
VORTEX (21):	1.1460
Stochastique (14,3,5):	64.36
TEMA (21):	11.611
Williams %R (14):	-35.77
Chande Momentum Oscillator (20):	0.740
Repulse (5,40,3):	3.2890
ROCnROLL:	1
TRIX (15,9):	0.2940
Courbe Coppock:	18.73

MA7:	11.377
MA20:	10.826
MA50:	10.492
MA100:	10.513
MAexp7:	11.420
MAexp20:	10.985
MAexp50:	10.750
MAexp100:	11.214
Price / MA7:	+2.31%
Price / MA20:	+7.52%
Price / MA50:	+10.94%
Price / MA100:	+10.72%
Price / MAexp7:	+1.93%
Price / MAexp20:	+5.96%
Price / MAexp50:	+8.28%
Price / MAexp100:	+3.80%

Quotes : - 15 min delayed data - Euronext Paris

News

Don't forget to follow the news on EUROAPI. At the time of publication of this analysis, the latest news was as follows:

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

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