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 04/11/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

11%

67%

22%

My opinion

Bearish under 0.476 EUR

My targets

0.419 EUR (-4.12%)

0.381 EUR (-12.81%)

My analysis

ALTHEORA is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.476 EUR. The next support located at 0.419 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.381 EUR. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

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

Force

6.8

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

The ALTHEORA price is 0.437 EUR. On the day, this instrument lost -3.32% and was traded between 0.436 EUR and 0.452 EUR over the period. The price is currently at +0.23% from its lowest and -3.32% from its highest.

0.436

0.452

0.437

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

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

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of ALTHEORA indicates that the overall trend is strongly bearish. 82.14% of the signals given by moving averages are bearish. This strongly 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, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

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

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

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

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.381	0.419	0.437	0.494	0.567	0.700
Change (%)	-12.81%	-4.12%	-	+13.04%	+29.75%	+60.18%
Change	-0.056	-0.018	-	+0.057	+0.130	+0.263
Level	Major	Intermediate	-	Minor	Minor	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	0.415	0.426	0.431	0.442	0.447	0.458	0.463
Camarilla	0.433	0.434	0.436	0.437	0.439	0.440	0.441
Woodie	0.413	0.425	0.429	0.441	0.445	0.457	0.461
Fibonacci	0.426	0.432	0.436	0.442	0.448	0.452	0.458

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.397	0.413	0.428	0.444	0.459	0.475	0.490
Camarilla	0.434	0.436	0.439	0.442	0.445	0.448	0.451
Woodie	0.396	0.413	0.427	0.444	0.458	0.475	0.489
Fibonacci	0.413	0.425	0.433	0.444	0.456	0.464	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):	36.90
MACD (12,26,9):	-0.0170
Directional Movement:	-12.509
AROON (14):	-57.143
DEMA (21):	0.438
Parabolic SAR (0,02-0,02-0,2):	0.457
Elder Ray (13):	-0.009
Super Trend (3,10):	0.490
Zig ZAG (10):	0.437
VORTEX (21):	0.8570
Stochastique (14,3,5):	25.81
TEMA (21):	0.437
Williams %R (14):	-87.72
Chande Momentum Oscillator (20):	-0.023
Repulse (5,40,3):	-3.0390
ROCnROLL:	2
TRIX (15,9):	-0.5140
Courbe Coppock:	13.71

MA7:	0.444
MA20:	0.461
MA50:	0.497
MA100:	0.526
MAexp7:	0.446
MAexp20:	0.461
MAexp50:	0.489
MAexp100:	0.512
Price / MA7:	-1.58%
Price / MA20:	-5.21%
Price / MA50:	-12.07%
Price / MA100:	-16.92%
Price / MAexp7:	-2.02%
Price / MAexp20:	-5.21%
Price / MAexp50:	-10.63%
Price / MAexp100:	-14.65%

Quotes : - 15 min delayed data - Euronext Paris

News

Don't forget to follow the news on ALTHEORA. 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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