APERAM
APERAM
- EUR (-)
- 15 min delayed data - Euronext Amsterdam
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: APAM
ISIN: LU0569974404

APERAM - Daily - Technical analysis published on 02/04/2020 (GMT)

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  • 02/04/2020 - 10:59
  • Who voted?
  • Timeframe : Daily
  • - Analysis generated on 02/04/2020 - 10:58
  • Status : NEUTRAL

Summary of the analysis

Trends
Court terme: Bearish
De fond: Slightly bullish
Technical indicators
50%
28%
22%
My opinion
Neutral between 25.71 EUR and 27.74 EUR
My targets
-
My analysis
The short-term decline on APERAM remains moderate but it could call into question the slightly bullish basic trend. It is difficult to advise a trading direction under these conditions. The first support is located at 25.71 EUR. The first resistance is located at 27.74 EUR. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.

In the very short term, technical indicators are neutral and are not able to influence the opinion of this 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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

APERAM rating 27.04 EUR. On the day, this instrument gained +3.80% and was traded between 26.35 EUR and 27.16 EUR over the period. The price is currently at +2.62% from its lowest and -0.44% from its highest.

26.35
27.16
27.04

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

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
Created with Raphaël 2.3.0-45-22.5022.545January 1st3 years1 year6 months1 month5 daysToday
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in Daily of this APERAM chart shows a slightly bullish trend. 50% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently given by short-term moving averages indicate that this slightly bullish trend could be reversed. There is no crossing of moving average by the price or crossing of moving averages between themselves.

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:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


RSI indicator: bullish divergence

Type : Bullish

Timeframe : Daily


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : Daily


Horizontal resistance is broken

Type : Bullish

Timeframe : Daily



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 24.92 25.71 26.67 27.04 27.74 28.52 29.92
Change (%) -7.84% -4.92% -1.37% - +2.59% +5.47% +10.65%
Change -2.12 -1.33 -0.37 - +0.70 +1.48 +2.88
Level Minor Major Major - Intermediate Minor Major



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard25.3625.5525.8025.9926.2426.4326.68
Camarilla25.9325.9726.0126.0526.0926.1326.17
Woodie25.3925.5725.8326.0126.2726.4526.71
Fibonacci25.5525.7225.8225.9926.1626.2626.43


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard24.2625.0125.4826.2326.7027.4527.92
Camarilla25.6125.7325.8425.9526.0626.1726.29
Woodie24.1224.9425.3426.1626.5627.3827.78
Fibonacci25.0125.4825.7626.2326.7026.9827.45


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard20.4123.0824.5227.1928.6331.3032.74
Camarilla24.8225.2025.5725.9526.3326.7027.08
Woodie19.7922.7723.9026.8828.0130.9932.12
Fibonacci23.0824.6525.6227.1928.7629.7331.30

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
Created with Raphaël 2.3.0Buy9
Moving averages
Created with Raphaël 2.3.0Buy14

RSI (14): 47.75
MACD (12,26,9): -0.4200
Directional Movement: -2.21
AROON (14): -92.86
DEMA (21): 26.55
Parabolic SAR (0,02-0,02-0,2): 25.74
Elder Ray (13): -0.05
Super Trend (3,10): 28.08
Zig ZAG (10): 27.05
VORTEX (21): 0.8400
Stochastique (14,3,5): 24.27
TEMA (21): 26.10
Williams %R (14): -46.28
Chande Momentum Oscillator (20): -0.38
Repulse (5,40,3): 2.0200
ROCnROLL: 1
TRIX (15,9): -0.1900
Courbe Coppock: 10.54
MA7: 26.46
MA20: 27.18
MA50: 27.72
MA100: 25.85
MAexp7: 26.55
MAexp20: 27.04
MAexp50: 27.09
MAexp100: 26.29
Price / MA7: +2.19%
Price / MA20: -0.52%
Price / MA50: -2.45%
Price / MA100: +4.60%
Price / MAexp7: +1.85%
Price / MAexp20: -0%
Price / MAexp50: -0.18%
Price / MAexp100: +2.85%

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

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