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 11/08/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bullish

Technical indicators

78%

22%

My opinion

Bullish above 0.416 EUR

My targets

0.467 EUR (+4.71%)

0.530 EUR (+18.83%)

My analysis

The strong short-term increase for ALTHEORA reinforces the current slightly bullish trend. As long as the price remains above 0.416 EUR, you could take advantage of this bullish acceleration. The first bullish objective is located at 0.467 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.530 EUR as an objective. Crossing it would then enable buyers to target 0.690 EUR. A return to 0.416 EUR would be a sign of a possible correction of short-term bullish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.

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

4.6

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

Additional analysis

Quotes

ALTHEORA rating 0.446 EUR. The price has increased by +10.40% since the last closing and was between 0.404 EUR and 0.450 EUR. This implies that the price is at +10.40% from its lowest and at -0.89% from its highest.

0.404

0.450

0.446

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

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

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this ALTHEORA chart shows a slightly bullish trend. 53.57% of the signals given by moving averages are bullish. The overall trend could accelerate as strong bullish signals from short-term moving averages are expected. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

In fact, 14 technical indicators on 18 studied are currently positioned bullish. Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.332	0.370	0.416	0.446	0.467	0.530	0.690
Change (%)	-25.56%	-17.04%	-6.73%	-	+4.71%	+18.83%	+54.71%
Change	-0.114	-0.076	-0.030	-	+0.021	+0.084	+0.244
Level	Minor	Intermediate	Intermediate	-	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
Standard	0.359	0.368	0.386	0.395	0.413	0.422	0.440
Camarilla	0.397	0.399	0.402	0.404	0.407	0.409	0.411
Woodie	0.364	0.370	0.391	0.397	0.418	0.424	0.445
Fibonacci	0.368	0.378	0.385	0.395	0.405	0.412	0.422

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.365	0.367	0.368	0.370	0.371	0.373	0.374
Camarilla	0.369	0.370	0.370	0.370	0.370	0.371	0.371
Woodie	0.366	0.367	0.369	0.370	0.372	0.373	0.375
Fibonacci	0.367	0.368	0.369	0.370	0.371	0.372	0.373

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.175	0.253	0.311	0.389	0.447	0.525	0.583
Camarilla	0.333	0.345	0.358	0.370	0.383	0.395	0.407
Woodie	0.166	0.248	0.302	0.384	0.438	0.520	0.574
Fibonacci	0.253	0.305	0.337	0.389	0.441	0.473	0.525

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):	63.97
MACD (12,26,9):	-0.0020
Directional Movement:	32.145
AROON (14):	71.429
DEMA (21):	0.385
Parabolic SAR (0,02-0,02-0,2):	0.370
Elder Ray (13):	0.036
Super Trend (3,10):	0.376
Zig ZAG (10):	0.446
VORTEX (21):	1.0640
Stochastique (14,3,5):	51.91
TEMA (21):	0.392
Williams %R (14):	-4.88
Chande Momentum Oscillator (20):	0.071
Repulse (5,40,3):	18.2320
ROCnROLL:	1
TRIX (15,9):	-0.3860
Courbe Coppock:	0.85

MA7:	0.389
MA20:	0.385
MA50:	0.413
MA100:	0.426
MAexp7:	0.398
MAexp20:	0.392
MAexp50:	0.406
MAexp100:	0.424
Price / MA7:	+14.65%
Price / MA20:	+15.84%
Price / MA50:	+7.99%
Price / MA100:	+4.69%
Price / MAexp7:	+12.06%
Price / MAexp20:	+13.78%
Price / MAexp50:	+9.85%
Price / MAexp100:	+5.19%

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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