MICROPOLE

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	ALMIC
ISIN:	FR0000077570

MICROPOLE - Daily - Technical analysis published on 12/13/2023 (GMT)

Londinia

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Timeframe : Daily
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MICROPOLE Chart

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bullish

Technical indicators

89%

11%

My opinion

Bullish above 1.082 EUR

My targets

1.132 EUR (+2.91%)

1.220 EUR (+10.91%)

My analysis

The short-term increase currently reinforces the basic trend, which is only slightly bullish. It would be possible for traders to only trade long positions (at the time of purchase) on MICROPOLE as long as the price remains well above 1.082 EUR. The buyers' bullish objective is set at 1.132 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.220 EUR. If there is any crossing, the next objective would be the resistance located at 1.396 EUR.

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

5.4

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.

This analysis was given by Londinia.

Additional analysis

Quotes

The MICROPOLE rating is 1.100 EUR. On the day, this instrument gained +8.91% with the lowest point at 1.020 EUR and the highest point at 1.100 EUR. The deviation from the price is +7.84% for the low point and 0% for the high point.

1.020

1.100

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

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:

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

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this MICROPOLE chart shows a slightly bullish trend. 57.14% 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 a bullish signal on moving averages that could impact this trend:

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

White morning star

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.962	1.010	1.082	1.100	1.132	1.220	1.396
Change (%)	-12.55%	-8.18%	-1.64%	-	+2.91%	+10.91%	+26.91%
Change	-0.138	-0.090	-0.018	-	+0.032	+0.120	+0.296
Level	Intermediate	Major	Major	-	Minor	Major	Major

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	1.003	1.007	1.008	1.012	1.013	1.017	1.018
Camarilla	1.009	1.009	1.010	1.010	1.011	1.011	1.011
Woodie	1.003	1.006	1.008	1.011	1.013	1.016	1.018
Fibonacci	1.007	1.009	1.010	1.012	1.014	1.015	1.017

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.978	0.997	1.008	1.027	1.038	1.057	1.068
Camarilla	1.012	1.015	1.017	1.020	1.023	1.026	1.028
Woodie	0.975	0.995	1.005	1.025	1.035	1.055	1.065
Fibonacci	0.997	1.008	1.015	1.027	1.038	1.045	1.057

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.783	0.833	0.901	0.951	1.019	1.069	1.137
Camarilla	0.938	0.948	0.959	0.970	0.981	0.992	1.003
Woodie	0.793	0.838	0.911	0.956	1.029	1.074	1.147
Fibonacci	0.833	0.878	0.906	0.951	0.996	1.024	1.069

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):	71.80
MACD (12,26,9):	0.0190
Directional Movement:	31.921
AROON (14):	71.429
DEMA (21):	1.020
Parabolic SAR (0,02-0,02-0,2):	0.993
Elder Ray (13):	0.045
Super Trend (3,10):	0.976
Zig ZAG (10):	1.100
VORTEX (21):	1.1280
Stochastique (14,3,5):	81.16
TEMA (21):	1.055
Williams %R (14):	0.00
Chande Momentum Oscillator (20):	0.152
Repulse (5,40,3):	8.9670
ROCnROLL:	1
TRIX (15,9):	0.1180
Courbe Coppock:	19.74

MA7:	1.036
MA20:	0.985
MA50:	0.990
MA100:	1.115
MAexp7:	1.035
MAexp20:	1.002
MAexp50:	1.015
MAexp100:	1.064
Price / MA7:	+6.18%
Price / MA20:	+11.68%
Price / MA50:	+11.11%
Price / MA100:	-1.35%
Price / MAexp7:	+6.28%
Price / MAexp20:	+9.78%
Price / MAexp50:	+8.37%
Price / MAexp100:	+3.38%

Quotes : - 15 min delayed data - Euronext Paris

News

Don't forget to follow the news on MICROPOLE. At the time of publication of this analysis, the latest news was as follows:

Micropole

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

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