SMCP

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	SMCP
ISIN:	FR0013214145

SMCP - Daily - Technical analysis published on 06/27/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

78%

17%

My opinion

Bullish above 7.70 EUR

My targets

8.23 EUR (+2.24%)

8.55 EUR (+6.21%)

My analysis

SMCP is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 7.70 EUR. The next resistance located at 8.23 EUR is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 8.55 EUR. After this resistance, buyers could then target 8.90 EUR.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

5.9

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

The SMCP price is 8.05 EUR. On the day, this instrument gained +6.34% with the lowest point at 7.61 EUR and the highest point at 8.12 EUR. The deviation from the price is +5.78% for the low point and -0.86% for the high point.

7.61

8.12

8.05

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

Here is a more detailed summary of the historical variations registered by SMCP:

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 SMCP in Daily shows an overall bullish trend. The signals returned by the moving averages are 67.86% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish trend reversal : adaptative moving average 20

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 20

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

The probability of a further increase is high given the direction of the technical indicators.
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

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : Daily

Ichimoku - Bullish crossover : Tenkan & Kijun

Type : Bullish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near resistance of channel

Type : Bearish

Timeframe : Daily

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

Resistance of triangle is broken

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	6.32	7.27	7.70	8.05	8.23	8.55	8.90
Change (%)	-21.49%	-9.69%	-4.35%	-	+2.24%	+6.21%	+10.56%
Change	-1.73	-0.78	-0.35	-	+0.18	+0.50	+0.85
Level	Intermediate	Major	Intermediate	-	Intermediate	Major	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	7.32	7.40	7.48	7.56	7.64	7.72	7.80
Camarilla	7.53	7.54	7.56	7.57	7.59	7.60	7.61
Woodie	7.33	7.40	7.49	7.56	7.65	7.72	7.81
Fibonacci	7.40	7.46	7.50	7.56	7.62	7.66	7.72

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.99	7.16	7.34	7.51	7.69	7.86	8.04
Camarilla	7.41	7.45	7.48	7.51	7.54	7.57	7.61
Woodie	6.99	7.16	7.34	7.51	7.69	7.86	8.04
Fibonacci	7.16	7.30	7.38	7.51	7.65	7.73	7.86

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.03	6.67	7.00	7.64	7.97	8.61	8.94
Camarilla	7.05	7.14	7.23	7.32	7.41	7.50	7.59
Woodie	5.87	6.59	6.84	7.56	7.81	8.53	8.78
Fibonacci	6.67	7.04	7.27	7.64	8.01	8.24	8.61

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):	67.79
MACD (12,26,9):	-0.0100
Directional Movement:	12.22
AROON (14):	78.57
DEMA (21):	7.53
Parabolic SAR (0,02-0,02-0,2):	7.26
Elder Ray (13):	0.29
Super Trend (3,10):	7.21
Zig ZAG (10):	8.10
VORTEX (21):	0.9900
Stochastique (14,3,5):	75.97
TEMA (21):	7.61
Williams %R (14):	-8.24
Chande Momentum Oscillator (20):	0.80
Repulse (5,40,3):	9.0200
ROCnROLL:	1
TRIX (15,9):	-0.1800
Courbe Coppock:	6.52

MA7:	7.58
MA20:	7.46
MA50:	7.78
MA100:	7.81
MAexp7:	7.64
MAexp20:	7.58
MAexp50:	7.68
MAexp100:	7.60
Price / MA7:	+6.20%
Price / MA20:	+7.91%
Price / MA50:	+3.47%
Price / MA100:	+3.07%
Price / MAexp7:	+5.37%
Price / MAexp20:	+6.20%
Price / MAexp50:	+4.82%
Price / MAexp100:	+5.92%

Quotes : - 15 min delayed data - Euronext Paris

News

The latest news and videos published on SMCP 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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Londinia AI

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