ARCHOS - 1H - Technical analysis published on 12/20/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
33%
50%
17%
My opinion
Bearish under 0.9420 EUR
My targets
0.8460 EUR (-9.03%)
0.7220 EUR (-22.37%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on ARCHOS as long as the price remains well below 0.9420 EUR. The sellers' bearish objective is set at 0.8460 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.7220 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.6
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Additional analysis
Quotes
The ARCHOS rating is 0.9300 EUR. The price registered an increase of +13.40% on the session and was between 0.8500 EUR and 0.9400 EUR. This implies that the price is at +9.41% from its lowest and at -1.06% from its highest.0.8500
0.9400
0.9300
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
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:
New LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of ARCHOS in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
R1
R2
R3
Price
| Price | R1 | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 0.9300 | 1.0006 | 1.5900 | 1.9988 |
| Change (%) | - | +7.59% | +70.97% | +114.92% |
| Change | - | +0.0706 | +0.6600 | +1.0688 |
| Level | - | Major | Minor | 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 | 0.5418 | 0.6810 | 0.7505 | 0.8897 | 0.9592 | 1.0984 | 1.1679 |
| Camarilla | 0.7627 | 0.7818 | 0.8010 | 0.8201 | 0.8392 | 0.8584 | 0.8775 |
| Woodie | 0.5071 | 0.6636 | 0.7158 | 0.8723 | 0.9245 | 1.0810 | 1.1332 |
| Fibonacci | 0.6810 | 0.7607 | 0.8099 | 0.8897 | 0.9694 | 1.0186 | 1.0984 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.7220 | 0.8460 | 0.9420 | 1.0660 | 1.1620 | 1.2860 | 1.3820 |
| Camarilla | 0.9775 | 0.9977 | 1.0178 | 1.0380 | 1.0582 | 1.0783 | 1.0985 |
| Woodie | 0.7080 | 0.8390 | 0.9280 | 1.0590 | 1.1480 | 1.2790 | 1.3680 |
| Fibonacci | 0.8460 | 0.9300 | 0.9820 | 1.0660 | 1.1500 | 1.2020 | 1.2860 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -1.1300 | -0.1100 | 0.9600 | 1.9800 | 3.0500 | 4.0700 | 5.1400 |
| Camarilla | 1.4553 | 1.6468 | 1.8384 | 2.0300 | 2.2216 | 2.4132 | 2.6048 |
| Woodie | -1.1050 | -0.0975 | 0.9850 | 1.9925 | 3.0750 | 4.0825 | 5.1650 |
| Fibonacci | -0.1100 | 0.6884 | 1.1816 | 1.9800 | 2.7784 | 3.2716 | 4.0700 |
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): | 44.48 | |
| MACD (12,26,9): | -0.0369 | |
| Directional Movement: | -16.8003 | |
| AROON (14): | -71.4286 | |
| DEMA (21): | 0.9189 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.9511 | |
| Elder Ray (13): | -0.0121 | |
| Super Trend (3,10): | 0.9828 | |
| Zig ZAG (10): | 0.9300 | |
| VORTEX (21): | 0.8131 | |
| Stochastique (14,3,5): | 22.20 | |
| TEMA (21): | 0.8988 | |
| Williams %R (14): | -47.64 | |
| Chande Momentum Oscillator (20): | -0.0450 | |
| Repulse (5,40,3): | -13.6660 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.3595 | |
| Courbe Coppock: | 19.35 |
| MA7: | 0.9910 | |
| MA20: | 1.3039 | |
| MA50: | 1.1405 | |
| MA100: | 1.3887 | |
| MAexp7: | 0.9161 | |
| MAexp20: | 0.9625 | |
| MAexp50: | 1.0183 | |
| MAexp100: | 1.1100 | |
| Price / MA7: | -6.16% | |
| Price / MA20: | -28.68% | |
| Price / MA50: | -18.46% | |
| Price / MA100: | -33.03% | |
| Price / MAexp7: | +1.52% | |
| Price / MAexp20: | -3.38% | |
| Price / MAexp50: | -8.67% | |
| Price / MAexp100: | -16.22% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
Don't forget to follow the news on ARCHOS. At the time of publication of this analysis, the latest news was as follows:
- Ossia and ARCHOS Secure CES Innovation Award for the First Ever Real Wireless Power™ Security Cameras
-
The Latest "Beehind the Buzz" Show: Featuring Verano Holdings LLC CEO George Archos
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Archos
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New Archos Tablet Has Integral Cover/Keyboard
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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