NEXTEDIA - Weekly - Technical analysis published on 03/14/2024 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bearish
Technical indicators
89%
0%
11%
My opinion
Bullish above 0.637 EUR
My targets
0.779 EUR (+17.36%)
0.859 EUR (+29.32%)
My analysis
The strong short-term increase in NEXTEDIA calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 0.637 EUR, you could consider taking advantage of the short-term movement. The first bullish objective is located at 0.779 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.859 EUR as an objective. Crossing it would then enable buyers to target 0.990 EUR. Caution, a return under 0.637 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
0
10
3.2
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This analysis was given by pierrott. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NEXTEDIA price is 0.664 EUR. Over 5 days, this instrument gained +2.15% and has been traded over the last 5 days between 0.638 EUR and 0.670 EUR. This implies that the 5 day price is +4.08% from its lowest point and -0.90% from its highest point.0.638
0.670
0.664
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in Weekly of this NEXTEDIA chart shows a slightly bearish trend. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that this slightly bearish trend could quickly be reversed. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 16 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near horizontal support
Type : Bullish
Timeframe : Weekly
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S2
S1
R1
R2
R3
Price
S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|
ProTrendLines | 0.465 | 0.637 | 0.664 | 0.790 | 0.990 | 1.314 |
Change (%) | -29.97% | -4.07% | - | +18.98% | +49.10% | +97.89% |
Change | -0.199 | -0.027 | - | +0.126 | +0.326 | +0.650 |
Level | Intermediate | Major | - | Intermediate | Intermediate | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.614 | 0.626 | 0.638 | 0.650 | 0.662 | 0.674 | 0.686 |
Camarilla | 0.643 | 0.646 | 0.648 | 0.650 | 0.652 | 0.654 | 0.657 |
Woodie | 0.614 | 0.626 | 0.638 | 0.650 | 0.662 | 0.674 | 0.686 |
Fibonacci | 0.626 | 0.635 | 0.641 | 0.650 | 0.659 | 0.665 | 0.674 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.517 | 0.575 | 0.621 | 0.679 | 0.725 | 0.783 | 0.829 |
Camarilla | 0.639 | 0.649 | 0.659 | 0.668 | 0.678 | 0.687 | 0.697 |
Woodie | 0.512 | 0.572 | 0.616 | 0.676 | 0.720 | 0.780 | 0.824 |
Fibonacci | 0.575 | 0.614 | 0.639 | 0.679 | 0.718 | 0.743 | 0.783 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.343 | 0.423 | 0.561 | 0.641 | 0.779 | 0.859 | 0.997 |
Camarilla | 0.640 | 0.660 | 0.680 | 0.700 | 0.720 | 0.740 | 0.760 |
Woodie | 0.373 | 0.438 | 0.591 | 0.656 | 0.809 | 0.874 | 1.027 |
Fibonacci | 0.423 | 0.506 | 0.557 | 0.641 | 0.724 | 0.775 | 0.859 |
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): | 59.24 | |
MACD (12,26,9): | 0.0180 | |
Directional Movement: | 21.213 | |
AROON (14): | 71.428 | |
DEMA (21): | 0.595 | |
Parabolic SAR (0,02-0,02-0,2): | 0.539 | |
Elder Ray (13): | 0.055 | |
Super Trend (3,10): | 0.465 | |
Zig ZAG (10): | 0.664 | |
VORTEX (21): | 1.0890 | |
Stochastique (14,3,5): | 73.59 | |
TEMA (21): | 0.641 | |
Williams %R (14): | -32.59 | |
Chande Momentum Oscillator (20): | 0.199 | |
Repulse (5,40,3): | 4.9510 | |
ROCnROLL: | 1 | |
TRIX (15,9): | -0.1990 | |
Courbe Coppock: | 49.74 |
MA7: | 0.657 | |
MA20: | 0.648 | |
MA50: | 0.584 | |
MA100: | 0.542 | |
MAexp7: | 0.630 | |
MAexp20: | 0.585 | |
MAexp50: | 0.615 | |
MAexp100: | 0.690 | |
Price / MA7: | +1.07% | |
Price / MA20: | +2.47% | |
Price / MA50: | +13.70% | |
Price / MA100: | +22.51% | |
Price / MAexp7: | +5.40% | |
Price / MAexp20: | +13.50% | |
Price / MAexp50: | +7.97% | |
Price / MAexp100: | -3.77% |
Quotes :
-
15 min delayed data
-
Euronext Paris
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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