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 07/26/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

72%

22%

My opinion

Bullish above 0.313 EUR

My targets

0.377 EUR (+10.00%)

0.399 EUR (+16.33%)

My analysis

In the short term, there could be an acceleration of the basic bullish trend on OREGE. This is a positive signal for buyers. As long as the price remains above 0.313 EUR, a purchase could be considered. The first bullish objective is located at 0.377 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.399 EUR as an objective. Crossing it would then enable buyers to target 0.490 EUR. In the event of a return below 0.313 EUR, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

5.7

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 price is 0.343 EUR. The price registered an increase of +7.19% on the session with the lowest point at 0.321 EUR and the highest point at 0.344 EUR. The deviation from the price is +6.85% for the low point and -0.29% for the high point.

0.321

0.344

0.343

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Opening Gap UP

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:

Technical

A technical analysis in Daily of this OREGE chart shows a bullish trend. 67.86% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 13 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

Resistance of triangle is broken

Type : Bullish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Upside gap

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.255	0.278	0.304	0.343	0.348	0.399	0.490
Change (%)	-25.66%	-18.95%	-11.37%	-	+1.46%	+16.33%	+42.86%
Change	-0.088	-0.065	-0.039	-	+0.005	+0.056	+0.147
Level	Major	Minor	Minor	-	Intermediate	Intermediate	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.302	0.305	0.313	0.316	0.324	0.327	0.335
Camarilla	0.317	0.318	0.319	0.320	0.321	0.322	0.323
Woodie	0.304	0.306	0.315	0.317	0.326	0.328	0.337
Fibonacci	0.305	0.310	0.312	0.316	0.321	0.323	0.327

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.184	0.236	0.265	0.317	0.346	0.398	0.427
Camarilla	0.272	0.279	0.287	0.294	0.301	0.309	0.316
Woodie	0.173	0.230	0.254	0.311	0.335	0.392	0.416
Fibonacci	0.236	0.267	0.286	0.317	0.348	0.367	0.398

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.185	0.221	0.249	0.285	0.313	0.349	0.377
Camarilla	0.260	0.266	0.272	0.278	0.284	0.290	0.296
Woodie	0.182	0.219	0.246	0.283	0.310	0.347	0.374
Fibonacci	0.221	0.245	0.260	0.285	0.309	0.324	0.349

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):	62.09
MACD (12,26,9):	0.0070
Directional Movement:	12.707
AROON (14):	14.285
DEMA (21):	0.317
Parabolic SAR (0,02-0,02-0,2):	0.362
Elder Ray (13):	0.021
Super Trend (3,10):	0.279
Zig ZAG (10):	0.344
VORTEX (21):	1.1050
Stochastique (14,3,5):	51.35
TEMA (21):	0.323
Williams %R (14):	-27.78
Chande Momentum Oscillator (20):	0.049
Repulse (5,40,3):	12.4100
ROCnROLL:	1
TRIX (15,9):	0.2580
Courbe Coppock:	12.17

MA7:	0.311
MA20:	0.307
MA50:	0.299
MA100:	0.312
MAexp7:	0.318
MAexp20:	0.308
MAexp50:	0.305
MAexp100:	0.323
Price / MA7:	+10.29%
Price / MA20:	+11.73%
Price / MA50:	+14.72%
Price / MA100:	+9.94%
Price / MAexp7:	+7.86%
Price / MAexp20:	+11.36%
Price / MAexp50:	+12.46%
Price / MAexp100:	+6.19%

Quotes : - 15 min delayed data - Euronext Paris

News

The last news published on OREGE 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.

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