MASTRAD

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	ALMAS
ISIN:	FR0004155687

MASTRAD - Daily - Technical analysis published on 08/18/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bearish

Technical indicators

72%

22%

My opinion

Bullish above 0.1364 EUR

My targets

0.1804 EUR (+28.84%)

0.2463 EUR (+75.95%)

My analysis

The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for MASTRAD as long as the price remains well above 0.1364 EUR. The buyers' bullish objective is set at 0.1804 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.2463 EUR. If there is any crossing, the next objective would be the resistance located at 0.2585 EUR. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 0.1804 EUR. On this resistance, against the trend traders who would like to go short on MASTRAD with a bearish signal from their trading strategy, should not hesitate to act.

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

2.5

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

MASTRAD rating 0.1400 EUR. On the day, this instrument gained +21.74% with the lowest point at 0.1154 EUR and the highest point at 0.1554 EUR. The deviation from the price is +21.32% for the low point and -9.91% for the high point.

0.1154

0.1554

0.1400

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.

Bullish opening

Type : Bullish

Timeframe : Openning

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

Technical

A technical analysis in Daily of this MASTRAD chart shows a slightly bearish trend. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that this slightly bearish trend could quickly be reversed. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily

Moving Average bullish crossovers : AMA20 & AMA50

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

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 1

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near resistance of triangle

Type : Bearish

Timeframe : Daily

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of these bullish patterns in Japanese candlesticks:

White line without lower shadow

Type : Bullish

Timeframe : Daily

Long white line

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.0880	0.1364	0.1400	0.2585	0.4070	0.4457
Change (%)	-37.14%	-2.57%	-	+84.64%	+190.71%	+218.36%
Change	-0.0520	-0.0036	-	+0.1185	+0.2670	+0.3057
Level	Major	Minor	-	Intermediate	Intermediate	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.0483	0.0717	0.0933	0.1167	0.1383	0.1617	0.1833
Camarilla	0.1026	0.1068	0.1109	0.1150	0.1191	0.1233	0.1274
Woodie	0.0475	0.0713	0.0925	0.1163	0.1375	0.1613	0.1825
Fibonacci	0.0717	0.0889	0.0995	0.1167	0.1339	0.1445	0.1617

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.0816	0.0855	0.0922	0.0961	0.1028	0.1067	0.1134
Camarilla	0.0960	0.0970	0.0979	0.0989	0.0999	0.1008	0.1018
Woodie	0.0830	0.0862	0.0936	0.0968	0.1042	0.1074	0.1148
Fibonacci	0.0855	0.0896	0.0921	0.0961	0.1002	0.1027	0.1067

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.0542	0.0117	0.0631	0.1290	0.1804	0.2463	0.2977
Camarilla	0.0821	0.0929	0.1037	0.1144	0.1252	0.1359	0.1467
Woodie	-0.0616	0.0081	0.0558	0.1254	0.1731	0.2427	0.2904
Fibonacci	0.0117	0.0565	0.0842	0.1290	0.1738	0.2015	0.2463

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):	67.56
MACD (12,26,9):	-0.0017
Directional Movement:	25.7523
AROON (14):	64.2857
DEMA (21):	0.1043
Parabolic SAR (0,02-0,02-0,2):	0.1771
Elder Ray (13):	0.0268
Super Trend (3,10):	0.0889
Zig ZAG (10):	0.1400
VORTEX (21):	1.0105
Stochastique (14,3,5):	51.58
TEMA (21):	0.1122
Williams %R (14):	-22.71
Chande Momentum Oscillator (20):	0.0316
Repulse (5,40,3):	22.3827
ROCnROLL:	1
TRIX (15,9):	-0.6503
Courbe Coppock:	8.44

MA7:	0.1064
MA20:	0.1100
MA50:	0.1190
MA100:	0.1660
MAexp7:	0.1121
MAexp20:	0.1087
MAexp50:	0.1252
MAexp100:	0.1689
Price / MA7:	+31.58%
Price / MA20:	+27.27%
Price / MA50:	+17.65%
Price / MA100:	-15.66%
Price / MAexp7:	+24.89%
Price / MAexp20:	+28.79%
Price / MAexp50:	+11.82%
Price / MAexp100:	-17.11%

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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