ORANGE
ORANGE
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: ORA
ISIN: FR0000133308

ORANGE - Weekly - Technical analysis published on 03/16/2022 (GMT)

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  • Timeframe : Weekly
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 9.939 EUR
My targets
11.535 EUR (+8.11%)
13.039 EUR (+22.20%)
My analysis
The bullish trend is currently very strong on ORANGE. As long as the price remains above the support at 9.939 EUR, you could try to benefit from the boom. The first bullish objective is located at 11.535 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 13.039 EUR as an objective. Crossing it would then enable buyers to target 15.081 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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
8.2

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This analysis was given by Nachoperezcandas. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Daily

Additional analysis

Quotes

ORANGE rating 10.670 EUR. Over 5 days, this instrument gained +1.85% and was traded between 10.488 EUR and 10.696 EUR over the period. The price is currently at +1.74% from its lowest point and -0.24% from its highest point.

10.488
10.696
10.670

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



Here is a more detailed summary of the historical variations registered by ORANGE:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of ORANGE in Weekly shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 14 technical indicators on 18 studied are currently bullish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Central Candlesticks

Bearish doji star

Type : Bearish

Timeframe : Weekly




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 8.684 9.939 10.612 10.670 11.535 13.039 15.081
Change (%) -18.61% -6.85% -0.54% - +8.11% +22.20% +41.34%
Change -1.986 -0.731 -0.058 - +0.865 +2.369 +4.411
Level Major Major Major - Minor Intermediate Major



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
Standard10.33210.41010.54010.61810.74810.82610.956
Camarilla10.61310.63210.65110.67010.68910.70810.727
Woodie10.35810.42310.56610.63110.77410.83910.982
Fibonacci10.41010.49010.53910.61810.69810.74710.826


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard10.33210.41010.54010.61810.74810.82610.956
Camarilla10.61310.63210.65110.67010.68910.70810.727
Woodie10.35810.42310.56610.63110.77410.83910.982
Fibonacci10.41010.49010.53910.61810.69810.74710.826


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard9.3439.77510.29510.72711.24711.67912.199
Camarilla10.55210.64010.72710.81410.90110.98911.076
Woodie9.3869.79710.33810.74911.29011.70112.242
Fibonacci9.77510.13910.36410.72711.09111.31611.679

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): 64.75
MACD (12,26,9): 0.3840
Directional Movement: 7.816
AROON (14): 71.429
DEMA (21): 10.551
Parabolic SAR (0,02-0,02-0,2): 9.892
Elder Ray (13): 0.281
Super Trend (3,10): 9.712
Zig ZAG (10): 10.670
VORTEX (21): 1.1560
Stochastique (14,3,5): 72.78
TEMA (21): 10.814
Williams %R (14): -21.93
Chande Momentum Oscillator (20): 1.286
Repulse (5,40,3): 4.1480
ROCnROLL: 1
TRIX (15,9): 0.4500
Courbe Coppock: 30.49
MA7: 10.473
MA20: 10.712
MA50: 10.398
MA100: 9.847
MAexp7: 10.545
MAexp20: 10.095
MAexp50: 9.713
MAexp100: 9.742
Price / MA7: +1.88%
Price / MA20: -0.39%
Price / MA50: +2.62%
Price / MA100: +8.36%
Price / MAexp7: +1.19%
Price / MAexp20: +5.70%
Price / MAexp50: +9.85%
Price / MAexp100: +9.53%

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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