MEMSCAP REGPT

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	MEMS
ISIN:	FR0010298620

MEMSCAP REGPT - Daily - Technical analysis published on 09/02/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bearish

Underlying: Strongly bearish

Technical indicators

28%

39%

33%

My opinion

Bearish under 6.56 EUR

My targets

5.89 EUR (-1.67%)

5.24 EUR (-12.52%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on MEMSCAP REGPT as long as the price remains well below 6.56 EUR. The next bearish objective for sellers is set at 5.89 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 5.24 EUR. If there is any crossing, the next objective would be the support located at 4.34 EUR. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

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 MEMSCAP REGPT rating is 5.99 EUR. On the day, this instrument lost -8.41% and was between 5.80 EUR and 6.78 EUR. This implies that the price is at +3.28% from its lowest and at -11.65% from its highest.

5.80

6.78

5.99

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

Opening Gap UP

Type : Bullish

Timeframe : Openning

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

The study of the highest / lowest by the Central Records scanner shows the following result:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of MEMSCAP REGPT indicates that the overall trend is strongly bearish. 82.14% 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 scanner detects bearish signals on moving averages that could impact this trend:

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is under support 2

Type : Neutral

Timeframe : Weekly

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily

RSI indicator is back under 50

Type : Bearish

Timeframe : Daily

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Daily

Ichimoku : price is under the cloud

Type : Bearish

Timeframe : Daily

Ichimoku - Bearish crossover : Tenkan & Kijun

Type : Bearish

Timeframe : Daily

Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily

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

Near support of triangle

Type : Bullish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bearish signals that could support the hypothesis of a small drop in the very short term:

Black line without upper shadow

Type : Bearish

Timeframe : Daily

Long black line

Type : Bearish

Timeframe : Daily

Bearish engulfing lines

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	4.34	5.24	5.89	5.99	6.56	7.55	9.04
Change (%)	-27.55%	-12.52%	-1.67%	-	+9.52%	+26.04%	+50.92%
Change	-1.65	-0.75	-0.10	-	+0.57	+1.56	+3.05
Level	Major	Major	Intermediate	-	Major	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	6.18	6.29	6.41	6.52	6.64	6.75	6.87
Camarilla	6.48	6.50	6.52	6.54	6.56	6.58	6.60
Woodie	6.20	6.29	6.43	6.52	6.66	6.75	6.89
Fibonacci	6.29	6.38	6.43	6.52	6.61	6.66	6.75

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	5.85	6.02	6.28	6.45	6.71	6.88	7.14
Camarilla	6.42	6.46	6.50	6.54	6.58	6.62	6.66
Woodie	5.90	6.04	6.33	6.47	6.76	6.90	7.19
Fibonacci	6.02	6.18	6.29	6.45	6.61	6.72	6.88

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	4.70	5.10	5.82	6.22	6.94	7.34	8.06
Camarilla	6.23	6.34	6.44	6.54	6.64	6.75	6.85
Woodie	4.86	5.18	5.98	6.30	7.10	7.42	8.22
Fibonacci	5.10	5.53	5.79	6.22	6.65	6.91	7.34

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	42.70
MACD (12,26,9):	-0.0500
Directional Movement:	-13.51
AROON (14):	85.71
DEMA (21):	6.22
Parabolic SAR (0,02-0,02-0,2):	6.62
Elder Ray (13):	0
Super Trend (3,10):	6.81
Zig ZAG (10):	6.04
VORTEX (21):	0.9300
Stochastique (14,3,5):	62.63
TEMA (21):	6.28
Williams %R (14):	-80.61
Chande Momentum Oscillator (20):	0.08
Repulse (5,40,3):	-13.1200
ROCnROLL:	2
TRIX (15,9):	-0.2000
Courbe Coppock:	8.87

MA7:	6.31
MA20:	6.22
MA50:	6.50
MA100:	7.03
MAexp7:	6.29
MAexp20:	6.31
MAexp50:	6.52
MAexp100:	6.82
Price / MA7:	-5.07%
Price / MA20:	-3.70%
Price / MA50:	-7.85%
Price / MA100:	-14.79%
Price / MAexp7:	-4.77%
Price / MAexp20:	-5.07%
Price / MAexp50:	-8.13%
Price / MAexp100:	-12.17%

Quotes : - 15 min delayed data - Euronext Paris

News

The latest news and videos published on MEMSCAP REGPT at the time of the analysis were as follows:

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

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