ARCHOS
ARCHOS
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: ALJXR
ISIN: FR001400KO61

ARCHOS - 1H - Technical analysis published on 08/07/2024 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
44%
22%
33%
My opinion
Bullish above 0.1417 EUR
My targets
0.1544 EUR (+3.62%)
0.1688 EUR (+13.29%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ARCHOS as long as the price remains well above 0.1417 EUR. The buyers' bullish objective is set at 0.1544 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.1688 EUR. If there is any crossing, the next objective would be the resistance located at 0.4425 EUR. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
5.7

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 pierrott. Take part yourself by sharing additional analysis on another time unit:
Daily Weekly

Additional analysis

Quotes

The ARCHOS rating is 0.1490 EUR. The price is lower by -3.37% since the last closing and was traded between 0.1400 EUR and 0.1544 EUR over the period. The price is currently at +6.43% from its lowest and -3.50% from its highest.

0.1400
0.1544
0.1490

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:

Technical


Technical analysis of this 1H chart of ARCHOS indicates that the overall trend is strongly bullish. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. An assessment of moving averages reveals several bearish signals that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour



In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 8 are bullish, 6 are neutral and 4 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour


MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Central Candlesticks

Black hanging man / hammer

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.0878 0.1059 0.1348 0.1490 0.1544 0.1688 0.4425
Change (%) -41.07% -28.93% -9.53% - +3.62% +13.29% +196.98%
Change -0.0612 -0.0431 -0.0142 - +0.0054 +0.0198 +0.2935
Level Minor Major Intermediate - Intermediate Minor 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
Standard0.12860.13580.14500.15220.16140.16860.1778
Camarilla0.14970.15120.15270.15420.15570.15720.1587
Woodie0.12960.13630.14600.15270.16240.16910.1788
Fibonacci0.13580.14210.14590.15220.15850.16230.1686


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.07630.09470.12330.14170.17030.18870.2173
Camarilla0.13910.14340.14770.15200.15630.16060.1649
Woodie0.08150.09730.12850.14430.17550.19130.2225
Fibonacci0.09470.11260.12370.14170.15960.17070.1887


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.02280.02260.07800.12340.17880.22420.2796
Camarilla0.10570.11490.12420.13340.14260.15190.1611
Woodie-0.01780.02510.08300.12590.18380.22670.2846
Fibonacci0.02260.06110.08490.12340.16190.18570.2242

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): 47.04
MACD (12,26,9): 0.0028
Directional Movement: -2.4966
AROON (14): 71.4286
DEMA (21): 0.1517
Parabolic SAR (0,02-0,02-0,2): 0.1372
Elder Ray (13): -0.0030
Super Trend (3,10): 0.1412
Zig ZAG (10): 0.1450
VORTEX (21): 0.8457
Stochastique (14,3,5): 71.31
TEMA (21): 0.1513
Williams %R (14): -59.02
Chande Momentum Oscillator (20): 0.0084
Repulse (5,40,3): -5.2707
ROCnROLL: -1
TRIX (15,9): 0.2175
Courbe Coppock: 6.74
MA7: 0.1429
MA20: 0.1267
MA50: 0.1009
MA100: 0.0895
MAexp7: 0.1506
MAexp20: 0.1492
MAexp50: 0.1434
MAexp100: 0.1347
Price / MA7: +4.27%
Price / MA20: +17.60%
Price / MA50: +47.67%
Price / MA100: +66.48%
Price / MAexp7: -1.06%
Price / MAexp20: -0.13%
Price / MAexp50: +3.91%
Price / MAexp100: +10.62%

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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