TERACT
TERACT
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: TRACT
ISIN: FR001400BMH7

TERACT - 1H - Technical analysis published on 03/22/2024 (GMT)

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  • 03/22/2024 - 10:20
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  • Timeframe : 1H
  • - Analysis generated on 03/22/2024 - 10:20
  • Status : INVALID

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 1.353 EUR
My targets
1.577 EUR (+7.99%)
3.310 EUR (+126.71%)
My analysis
TERACT 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 1.353 EUR. The next resistance located at 1.577 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 3.310 EUR. After this resistance, buyers could then target 3.982 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.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.4

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:
Daily Weekly

Additional analysis

Quotes

The TERACT rating is 1.460 EUR. The price registered an increase of +15.42% on the session and was traded between 1.300 EUR and 1.650 EUR over the period. The price is currently at +12.31% from its lowest and -11.52% from its highest.

1.300
1.650
1.460

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap UP

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:
Created with Raphaël 2.3.0-150-75075150January 1st3 years1 year6 months1 month5 daysToday
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of TERACT in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour


CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.628 0.849 1.002 1.460 3.310 3.982 4.716
Change (%) -56.99% -41.85% -31.37% - +126.71% +172.74% +223.01%
Change -0.832 -0.611 -0.458 - +1.850 +2.522 +3.256
Level Intermediate Intermediate Major - Intermediate Minor Minor



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
Standard0.5930.7421.0031.1521.4131.5621.823
Camarilla1.1521.1901.2271.2651.3031.3401.378
Woodie0.6500.7701.0601.1801.4701.5901.880
Fibonacci0.7420.8980.9951.1521.3081.4051.562


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.3810.4510.5250.5950.6690.7390.813
Camarilla0.5600.5740.5870.6000.6130.6260.640
Woodie0.3840.4520.5280.5960.6720.7400.816
Fibonacci0.4510.5060.5400.5950.6500.6840.739


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.3730.0530.2770.7030.9271.3531.577
Camarilla0.3210.3810.4400.5000.5600.6190.679
Woodie-0.4750.0030.1750.6530.8251.3031.475
Fibonacci0.0530.3020.4550.7030.9521.1051.353

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
Created with Raphaël 2.3.0Buy14
Moving averages
Created with Raphaël 2.3.0Buy26

RSI (14): 70.41
MACD (12,26,9): 0.1680
Directional Movement: 44.762
AROON (14): 92.857
DEMA (21): 1.331
Parabolic SAR (0,02-0,02-0,2): 1.215
Elder Ray (13): 0.335
Super Trend (3,10): 1.196
Zig ZAG (10): 1.460
VORTEX (21): 1.2710
Stochastique (14,3,5): 89.49
TEMA (21): 1.419
Williams %R (14): -23.75
Chande Momentum Oscillator (20): 0.572
Repulse (5,40,3): 4.8230
ROCnROLL: 1
TRIX (15,9): 2.1460
Courbe Coppock: 100.35
MA7: 0.923
MA20: 0.689
MA50: 0.954
MA100: 1.644
MAexp7: 1.334
MAexp20: 1.127
MAexp50: 0.917
MAexp100: 0.797
Price / MA7: +58.18%
Price / MA20: +111.90%
Price / MA50: +53.04%
Price / MA100: -11.19%
Price / MAexp7: +9.45%
Price / MAexp20: +29.55%
Price / MAexp50: +59.21%
Price / MAexp100: +83.19%

Quotes : 03/22/2024 - 09:54 - 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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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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