ARKEMA

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	AKE
ISIN:	FR0010313833

ARKEMA - Daily - Technical analysis published on 09/27/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

22%

61%

17%

My opinion

Bearish under 93.32 EUR

My targets

87.35 EUR (-3.07%)

83.85 EUR (-6.96%)

My analysis

In the short term, we can see an acceleration in the bearish trend on ARKEMA, which is a positive signal for sellers. As long as the price remains above 93.32 EUR, a sale could be considered. The first bearish objective is located at 87.35 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 83.85 EUR as an objective. Crossing it would then enable sellers to target 81.03 EUR. If the price were to return above 93.32 EUR, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

4.5

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 TOMER. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The ARKEMA price is 90.12 EUR. On the day, this instrument lost -1.29% and was between 88.64 EUR and 90.60 EUR. This implies that the price is at +1.67% from its lowest and at -0.53% from its highest.

88.64

90.60

90.12

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

Bearish opening

Type : Bearish

Timeframe : Openning

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

The Central Records scanner for higher/lower results shows an item:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this ARKEMA chart shows a bearish trend. 64.29% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : Daily

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Near support of channel

Type : Bullish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	83.85	87.35	89.78	90.12	93.32	95.48	97.68
Change (%)	-6.96%	-3.07%	-0.38%	-	+3.55%	+5.95%	+8.39%
Change	-6.27	-2.77	-0.34	-	+3.20	+5.36	+7.56
Level	Minor	Major	Intermediate	-	Major	Major	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	87.01	87.83	88.97	89.79	90.93	91.75	92.89
Camarilla	89.58	89.76	89.94	90.12	90.30	90.48	90.66
Woodie	87.18	87.91	89.14	89.87	91.10	91.83	93.06
Fibonacci	87.83	88.58	89.04	89.79	90.54	91.00	91.75

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	84.03	86.29	88.61	90.87	93.19	95.45	97.77
Camarilla	89.68	90.10	90.52	90.94	91.36	91.78	92.20
Woodie	84.07	86.31	88.65	90.89	93.23	95.47	97.81
Fibonacci	86.29	88.04	89.12	90.87	92.62	93.70	95.45

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	88.13	90.35	93.49	95.71	98.85	101.07	104.21
Camarilla	95.17	95.66	96.15	96.64	97.13	97.62	98.11
Woodie	88.60	90.58	93.96	95.94	99.32	101.30	104.68
Fibonacci	90.35	92.39	93.66	95.71	97.75	99.02	101.07

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	39.58
MACD (12,26,9):	-1.1400
Directional Movement:	-23.38
AROON (14):	-85.71
DEMA (21):	91.11
Parabolic SAR (0,02-0,02-0,2):	91.61
Elder Ray (13):	-2.11
Super Trend (3,10):	95.26
Zig ZAG (10):	90.12
VORTEX (21):	0.7900
Stochastique (14,3,5):	29.96
TEMA (21):	89.84
Williams %R (14):	-76.97
Chande Momentum Oscillator (20):	-3.20
Repulse (5,40,3):	1.7500
ROCnROLL:	2
TRIX (15,9):	-0.1400
Courbe Coppock:	9.34

MA7:	90.86
MA20:	93.10
MA50:	94.55
MA100:	89.96
MAexp7:	90.99
MAexp20:	92.41
MAexp50:	92.69
MAexp100:	91.00
Price / MA7:	-0.81%
Price / MA20:	-3.20%
Price / MA50:	-4.69%
Price / MA100:	+0.18%
Price / MAexp7:	-0.96%
Price / MAexp20:	-2.48%
Price / MAexp50:	-2.77%
Price / MAexp100:	-0.97%

Quotes : - 15 min delayed data - Euronext Paris

News

The last news published on ARKEMA at the time of the generation of this analysis was as follows:

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

About author

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