OREGE

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	OREGE
ISIN:	FR0010609206

OREGE - Daily - Technical analysis published on 10/30/2023 (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

50%

11%

39%

My opinion

Bearish under 0.461 EUR

My targets

0.394 EUR (-6.71%)

0.360 EUR (-14.69%)

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 0.461 EUR remains possible. It is advisable to trade OREGE with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.461 EUR. The next bearish objective for sellers is set at 0.394 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.360 EUR. In case of crossing, the next objective would be the support located at 0.261 EUR. PS: if there is a bullish break in the resistance located at 0.461 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 opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.

Force

1.6

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

The OREGE rating is 0.422 EUR. The price registered an increase of +13.75% on the session and was traded between 0.370 EUR and 0.430 EUR over the period. The price is currently at +14.05% from its lowest and -1.86% from its highest.

0.370

0.430

0.422

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following result:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of OREGE in Daily shows an overall bearish trend. 67.86% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, only 9 technical indicators out of 18 studied are currently positioned bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

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

Near resistance of channel

Type : Bearish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.193	0.261	0.360	0.422	0.493	0.624	0.689
Change (%)	-54.27%	-38.15%	-14.69%	-	+16.82%	+47.87%	+63.27%
Change	-0.229	-0.161	-0.062	-	+0.071	+0.202	+0.267
Level	Major	Minor	Intermediate	-	Intermediate	Minor	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
Standard	0.318	0.339	0.355	0.376	0.392	0.413	0.429
Camarilla	0.361	0.364	0.368	0.371	0.374	0.378	0.381
Woodie	0.316	0.338	0.353	0.375	0.390	0.412	0.427
Fibonacci	0.339	0.353	0.362	0.376	0.390	0.399	0.413

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.310	0.332	0.352	0.374	0.394	0.416	0.436
Camarilla	0.360	0.363	0.367	0.371	0.375	0.379	0.383
Woodie	0.308	0.332	0.350	0.374	0.392	0.416	0.434
Fibonacci	0.332	0.348	0.358	0.374	0.390	0.400	0.416

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.146	0.254	0.353	0.461	0.560	0.668	0.767
Camarilla	0.396	0.415	0.434	0.453	0.472	0.491	0.510
Woodie	0.143	0.252	0.350	0.459	0.557	0.666	0.764
Fibonacci	0.254	0.333	0.382	0.461	0.540	0.589	0.668

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):	46.69
MACD (12,26,9):	-0.0250
Directional Movement:	2.549
AROON (14):	-71.429
DEMA (21):	0.369
Parabolic SAR (0,02-0,02-0,2):	0.355
Elder Ray (13):	0.009
Super Trend (3,10):	0.452
Zig ZAG (10):	0.403
VORTEX (21):	0.9040
Stochastique (14,3,5):	31.24
TEMA (21):	0.367
Williams %R (14):	-36.00
Chande Momentum Oscillator (20):	0.014
Repulse (5,40,3):	5.1020
ROCnROLL:	-1
TRIX (15,9):	-0.9010
Courbe Coppock:	23.97

MA7:	0.380
MA20:	0.407
MA50:	0.464
MA100:	0.477
MAexp7:	0.389
MAexp20:	0.403
MAexp50:	0.443
MAexp100:	0.451
Price / MA7:	+11.05%
Price / MA20:	+3.69%
Price / MA50:	-9.05%
Price / MA100:	-11.53%
Price / MAexp7:	+8.48%
Price / MAexp20:	+4.71%
Price / MAexp50:	-4.74%
Price / MAexp100:	-6.43%

Quotes : - 15 min delayed data - Euronext Paris

News

Don't forget to follow the news on OREGE. At the time of publication of this analysis, the latest news was as follows:

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

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