ALTHEORA

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	ALORA
ISIN:	FR0000061244

ALTHEORA - Weekly - Technical analysis published on 04/05/2024 (GMT)

Londinia

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Timeframe : Weekly
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Bearish

Underlying: Strongly bearish

Technical indicators

28%

39%

33%

My opinion

Bearish under 0.502 EUR

My targets

0.381 EUR (-12.21%)

My analysis

The bearish basic trend is very strong on ALTHEORA but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 0.502 EUR. Crossing the first support at 0.381 EUR would be a sign of a further potential price plummet. Caution, a return to above the resistance located at 0.502 EUR would be a sign of a possible consolidation phase of the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

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 0.434 EUR. Over 5 days, this instrument lost -4.83% and was traded between 0.432 EUR and 0.461 EUR over the period. The price is currently at +0.46% from its lowest point and -5.86% from its highest point.

0.432

0.461

0.434

The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.

Opening Gap DOWN

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Weekly of this ALTHEORA chart shows a sharp bearish trend. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 6 are neutral and 7 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Weekly

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

The analysis of the price chart with Central Patterns scanners does not return any result.

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

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	0.381	0.434	0.793	1.506	1.885
Change (%)	-12.21%	-	+82.72%	+247.00%	+334.33%
Change	-0.053	-	+0.359	+1.072	+1.451
Level	Major	-	Intermediate	Intermediate	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
Standard	0.400	0.418	0.426	0.444	0.452	0.470	0.478
Camarilla	0.428	0.430	0.433	0.435	0.437	0.440	0.442
Woodie	0.396	0.416	0.422	0.442	0.448	0.468	0.474
Fibonacci	0.418	0.428	0.434	0.444	0.454	0.460	0.470

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.430	0.439	0.448	0.457	0.466	0.475	0.484
Camarilla	0.451	0.453	0.454	0.456	0.458	0.459	0.461
Woodie	0.429	0.439	0.447	0.457	0.465	0.475	0.483
Fibonacci	0.439	0.446	0.451	0.457	0.464	0.469	0.475

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.356	0.403	0.429	0.476	0.502	0.549	0.575
Camarilla	0.436	0.443	0.449	0.456	0.463	0.469	0.476
Woodie	0.347	0.398	0.420	0.471	0.493	0.544	0.566
Fibonacci	0.403	0.431	0.448	0.476	0.504	0.521	0.549

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):	40.22
MACD (12,26,9):	-0.0380
Directional Movement:	12.653
AROON (14):	14.286
DEMA (21):	0.462
Parabolic SAR (0,02-0,02-0,2):	0.855
Elder Ray (13):	-0.050
Super Trend (3,10):	0.400
Zig ZAG (10):	0.432
VORTEX (21):	1.0000
Stochastique (14,3,5):	10.28
TEMA (21):	0.483
Williams %R (14):	-93.33
Chande Momentum Oscillator (20):	-0.236
Repulse (5,40,3):	-14.6100
ROCnROLL:	2
TRIX (15,9):	-0.7220
Courbe Coppock:	25.04

MA7:	0.448
MA20:	0.468
MA50:	0.496
MA100:	0.525
MAexp7:	0.474
MAexp20:	0.513
MAexp50:	0.639
MAexp100:	0.899
Price / MA7:	-3.13%
Price / MA20:	-7.26%
Price / MA50:	-12.50%
Price / MA100:	-17.33%
Price / MAexp7:	-8.44%
Price / MAexp20:	-15.40%
Price / MAexp50:	-32.08%
Price / MAexp100:	-51.72%

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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