ALTHEORA

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	ALORA
ISIN:	FR0000061244

ALTHEORA - Daily - Technical analysis published on 03/12/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

17%

50%

33%

My opinion

Bearish under 0.545 EUR

My targets

0.465 EUR (-6.38%)

0.419 EUR (-15.69%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on ALTHEORA as long as the price remains well below 0.545 EUR. The sellers' bearish objective is set at 0.465 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.419 EUR. In case of crossing, the next objective would be the support located at 0.381 EUR.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.

Force

5.7

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 pierrott. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

ALTHEORA rating 0.497 EUR. On the day, this instrument gained +6.88% and was between 0.465 EUR and 0.497 EUR. This implies that the price is at +6.88% from its lowest and at 0% from its highest.

0.465

0.497

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

The Central Records scanner for higher/lower results shows an item:

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Abnormal volumes on ALTHEORA were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 50 days

Technical

A technical analysis in Daily of this ALTHEORA chart shows a bearish trend. 78.57% of the signals given by moving averages are bearish. This 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.

In fact, only 9 technical indicators out of 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

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:

Support of channel is broken

Type : Bearish

Timeframe : Daily

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

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.381	0.419	0.497	0.498	0.566	0.691
Change (%)	-23.34%	-15.69%	-	+0.20%	+13.88%	+39.03%
Change	-0.116	-0.078	-	+0.001	+0.069	+0.194
Level	Major	Intermediate	-	Minor	Major	Intermediate

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	0.424	0.444	0.455	0.475	0.486	0.506	0.517
Camarilla	0.457	0.459	0.462	0.465	0.468	0.471	0.474
Woodie	0.419	0.442	0.450	0.473	0.481	0.504	0.512
Fibonacci	0.444	0.456	0.464	0.475	0.487	0.495	0.506

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.414	0.443	0.465	0.494	0.516	0.545	0.567
Camarilla	0.474	0.479	0.483	0.488	0.493	0.497	0.502
Woodie	0.412	0.441	0.463	0.492	0.514	0.543	0.565
Fibonacci	0.443	0.462	0.474	0.494	0.513	0.525	0.545

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.125	0.151	0.329	0.605	0.783	1.059	1.237
Camarilla	0.383	0.425	0.466	0.508	0.550	0.591	0.633
Woodie	-0.173	0.127	0.281	0.581	0.735	1.035	1.189
Fibonacci	0.151	0.324	0.431	0.605	0.778	0.885	1.059

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):	42.20
MACD (12,26,9):	-0.0170
Directional Movement:	4.882
AROON (14):	-85.714
DEMA (21):	0.491
Parabolic SAR (0,02-0,02-0,2):	0.752
Elder Ray (13):	-0.030
Super Trend (3,10):	0.448
Zig ZAG (10):	0.480
VORTEX (21):	0.8280
Stochastique (14,3,5):	11.78
TEMA (21):	0.484
Williams %R (14):	-78.26
Chande Momentum Oscillator (20):	-0.050
Repulse (5,40,3):	-0.2890
ROCnROLL:	2
TRIX (15,9):	-0.3160
Courbe Coppock:	18.64

MA7:	0.493
MA20:	0.517
MA50:	0.550
MA100:	0.519
MAexp7:	0.492
MAexp20:	0.511
MAexp50:	0.528
MAexp100:	0.542
Price / MA7:	+0.81%
Price / MA20:	-3.87%
Price / MA50:	-9.64%
Price / MA100:	-4.24%
Price / MAexp7:	+1.02%
Price / MAexp20:	-2.74%
Price / MAexp50:	-5.87%
Price / MAexp100:	-8.30%

Quotes : - 15 min delayed data - Euronext Paris

News

The last news published on ALTHEORA at the time of the generation of this analysis was as follows:

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

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