MEMSCAP REGPT

15.75 EUR (+0.00%)

03/27/2025 - 19:59 Closed 15 min delayed data - Euronext Paris

Open:	15.79
Change:	0
Volume:	407,073

Low:	15.64
High:	15.87
High / Low range:	0.23

Type:	Stocks
Ticker:	MEMS
ISIN:	FR0010298620

MEMSCAP REGPT - 1H - Technical analysis published on 10/09/2024 (GMT)

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10/09/2024 - 12:40
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Londinia

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Timeframe : 1H
- Analysis generated on 10/09/2024 - 12:40
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bearish

Technical indicators

83%

17%

My opinion

Bullish above 4.020 EUR

My targets

4.344 EUR (+1.38%)

4.607 EUR (+7.51%)

My analysis

The strong short-term increase in MEMSCAP REGPT calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 4.020 EUR, you could consider taking advantage of the short-term movement. The first bullish objective is located at 4.344 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 4.607 EUR as an objective. Crossing it would then enable buyers to target 4.853 EUR. Caution, a return under 4.020 EUR could jeopardize the reversal.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

3.4

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.

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Additional analysis

Quotes

The MEMSCAP REGPT price is 4.285 EUR. On the day, this instrument gained +2.27% and was between 4.070 EUR and 4.285 EUR. This implies that the price is at +5.28% from its lowest and at 0% from its highest.

4.070

4.285

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

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 several elements:

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of MEMSCAP REGPT in 1H shows an overall slightly bearish trend. 53.57% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages could quickly lead to a reversal of the trend. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour

Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour

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:

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Bullish engulfing lines

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.398	2.701	4.020	4.285	4.344	4.607	4.853
Change (%)	-67.37%	-36.97%	-6.18%	-	+1.38%	+7.51%	+13.26%
Change	-2.887	-1.584	-0.265	-	+0.059	+0.322	+0.568
Level	Intermediate	Intermediate	Intermediate	-	Major	Major	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3.983	4.027	4.108	4.152	4.233	4.277	4.358
Camarilla	4.156	4.167	4.179	4.190	4.202	4.213	4.224
Woodie	4.003	4.036	4.128	4.161	4.253	4.286	4.378
Fibonacci	4.027	4.074	4.104	4.152	4.199	4.229	4.277

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3.263	3.692	3.993	4.422	4.723	5.152	5.453
Camarilla	4.094	4.161	4.228	4.295	4.362	4.429	4.496
Woodie	3.200	3.660	3.930	4.390	4.660	5.120	5.390
Fibonacci	3.692	3.971	4.143	4.422	4.701	4.873	5.152

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.747	2.383	3.507	5.143	6.267	7.903	9.027
Camarilla	3.871	4.124	4.377	4.630	4.883	5.136	5.389
Woodie	0.490	2.255	3.250	5.015	6.010	7.775	8.770
Fibonacci	2.383	3.438	4.089	5.143	6.198	6.849	7.903

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):	58.85
MACD (12,26,9):	0.0090
Directional Movement:	-11.557
AROON (14):	85.714
DEMA (21):	4.202
Parabolic SAR (0,02-0,02-0,2):	4.077
Elder Ray (13):	0.045
Super Trend (3,10):	4.151
Zig ZAG (10):	4.285
VORTEX (21):	1.0890
Stochastique (14,3,5):	93.02
TEMA (21):	4.244
Williams %R (14):	0.00
Chande Momentum Oscillator (20):	0.175
Repulse (5,40,3):	2.2170
ROCnROLL:	1
TRIX (15,9):	-0.0550
Courbe Coppock:	4.52

MA7:	4.276
MA20:	4.422
MA50:	5.377
MA100:	6.088
MAexp7:	4.239
MAexp20:	4.204
MAexp50:	4.241
MAexp100:	4.349
Price / MA7:	+0.21%
Price / MA20:	-3.10%
Price / MA50:	-20.31%
Price / MA100:	-29.62%
Price / MAexp7:	+1.09%
Price / MAexp20:	+1.93%
Price / MAexp50:	+1.04%
Price / MAexp100:	-1.47%

Quotes : 10/09/2024 - 12:05 - 15 min delayed data - Euronext Paris

News

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

07/25/2023 - 16:30 MEMSCAP – Q2 2023: Profitability Rise Driven by Group's Business Growth
05/31/2023 - 17:30 MEMSCAP: Minutes of the Annual Ordinary and Extraordinary Shareholders’ Meeting of May 31, 2023
05/22/2023 - 16:00 MEGGITT Selects MEMSCAP for Engine Monitoring Systems
05/03/2023 - 08:30 MEMSCAP Unveils Its New Website
04/26/2023 - 16:30 MEMSCAP - Q1 2023 : Strong Profitable Growth as Targeted by the 4G Plan

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

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