ACANTHE DEV.

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	ACAN
ISIN:	FR0000064602

ACANTHE DEV. - Daily - Technical analysis published on 02/14/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

28%

39%

33%

My opinion

Bearish under 0.384 EUR

My targets

0.344 EUR (-7.03%)

0.334 EUR (-9.65%)

My analysis

Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.384 EUR remains possible. It is advisable to trade ACANTHE DEV. with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.384 EUR. The next bearish objective for sellers is set at 0.344 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.334 EUR. In case of crossing, the next objective would be the support located at 0.117 EUR. PS: if there is a bullish break in the resistance located at 0.384 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

3.8

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

ACANTHE DEV. rating 0.370 EUR. The price is lower by -1.86% since the last closing and was between 0.370 EUR and 0.371 EUR. This implies that the price is at 0% from its lowest and at -0.27% from its highest.

0.370

0.371

0.370

Here is a more detailed summary of the historical variations registered by ACANTHE DEV.:

Technical

A technical analysis in Daily of this ACANTHE DEV. chart shows a bearish trend. The signals given by moving averages are 67.86% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

On the 18 technical indicators analysed, 5 are bullish, 6 are neutral and 7 are bearish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.041	0.117	0.344	0.370	0.371	0.384	0.404
Change (%)	-88.92%	-68.38%	-7.03%	-	+0.27%	+3.78%	+9.19%
Change	-0.329	-0.253	-0.026	-	+0.001	+0.014	+0.034
Level	Minor	Minor	Intermediate	-	Major	Major	Intermediate

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	0.365	0.368	0.372	0.375	0.379	0.382	0.386
Camarilla	0.375	0.376	0.376	0.377	0.378	0.378	0.379
Woodie	0.367	0.368	0.374	0.375	0.381	0.382	0.388
Fibonacci	0.368	0.370	0.372	0.375	0.377	0.379	0.382

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.355	0.362	0.370	0.377	0.385	0.392	0.400
Camarilla	0.373	0.374	0.376	0.377	0.378	0.380	0.381
Woodie	0.355	0.362	0.370	0.377	0.385	0.392	0.400
Fibonacci	0.362	0.368	0.372	0.377	0.383	0.387	0.392

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.334	0.346	0.361	0.373	0.388	0.400	0.415
Camarilla	0.370	0.372	0.375	0.377	0.380	0.382	0.384
Woodie	0.337	0.347	0.364	0.374	0.391	0.401	0.418
Fibonacci	0.346	0.356	0.362	0.373	0.383	0.389	0.400

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):	46.34
MACD (12,26,9):	0.0010
Directional Movement:	4.557
AROON (14):	50.000
DEMA (21):	0.376
Parabolic SAR (0,02-0,02-0,2):	0.365
Elder Ray (13):	-0.005
Super Trend (3,10):	0.360
Zig ZAG (10):	0.370
VORTEX (21):	0.7350
Stochastique (14,3,5):	52.17
TEMA (21):	0.375
Williams %R (14):	-65.22
Chande Momentum Oscillator (20):	0.001
Repulse (5,40,3):	0.0430
ROCnROLL:	2
TRIX (15,9):	0.0690
Courbe Coppock:	2.01

MA7:	0.374
MA20:	0.376
MA50:	0.368
MA100:	0.377
MAexp7:	0.374
MAexp20:	0.374
MAexp50:	0.374
MAexp100:	0.382
Price / MA7:	-1.07%
Price / MA20:	-1.60%
Price / MA50:	+0.54%
Price / MA100:	-1.86%
Price / MAexp7:	-1.07%
Price / MAexp20:	-1.07%
Price / MAexp50:	-1.07%
Price / MAexp100:	-3.14%

Quotes : - 15 min delayed data - Euronext Paris

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

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