ADVICENNE

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	ALDVI
ISIN:	FR0013296746

ADVICENNE - Daily - Technical analysis published on 09/02/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

61%

33%

My opinion

Bearish under 1.266 EUR

My targets

1.084 EUR (-8.14%)

1.016 EUR (-13.90%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on ADVICENNE. As long as you are under the resistance located at 1.266 EUR, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 1.084 EUR would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 1.016 EUR as an objective. Crossing it would then enable sellers to target 0.909 EUR. If the resistance 1.266 EUR were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.

Force

0.7

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.

This analysis was given by pierrott. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The ADVICENNE rating is 1.180 EUR. On the day, this instrument gained +4.43% and was between 1.066 EUR and 1.240 EUR. This implies that the price is at +10.69% from its lowest and at -4.84% from its highest.

1.066

1.240

1.180

Here is a more detailed summary of the historical variations registered by ADVICENNE:

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

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of ADVICENNE indicates that the overall trend is bearish. 71.43% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

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

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : Daily

The analysis of the price chart with Central Patterns scanners does not return any result.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	0.909	1.180	1.611	2.080	2.603
Change (%)	-22.97%	-	+36.53%	+76.27%	+120.59%
Change	-0.271	-	+0.431	+0.900	+1.423
Level	Intermediate	-	Minor	Minor	Intermediate

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	1.078	1.094	1.112	1.128	1.146	1.162	1.180
Camarilla	1.121	1.124	1.127	1.130	1.133	1.136	1.139
Woodie	1.079	1.095	1.113	1.129	1.147	1.163	1.181
Fibonacci	1.094	1.107	1.115	1.128	1.141	1.149	1.162

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.851	0.915	1.023	1.087	1.195	1.259	1.367
Camarilla	1.083	1.099	1.114	1.130	1.146	1.162	1.177
Woodie	0.872	0.926	1.044	1.098	1.216	1.270	1.388
Fibonacci	0.915	0.981	1.022	1.087	1.153	1.194	1.259

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.834	0.902	1.016	1.084	1.198	1.266	1.380
Camarilla	1.080	1.097	1.113	1.130	1.147	1.163	1.180
Woodie	0.857	0.914	1.039	1.096	1.221	1.278	1.403
Fibonacci	0.902	0.972	1.015	1.084	1.154	1.197	1.266

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):	55.05
MACD (12,26,9):	-0.0610
Directional Movement:	13.379
AROON (14):	64.286
DEMA (21):	0.977
Parabolic SAR (0,02-0,02-0,2):	0.862
Elder Ray (13):	0.081
Super Trend (3,10):	0.952
Zig ZAG (10):	1.188
VORTEX (21):	0.9820
Stochastique (14,3,5):	81.86
TEMA (21):	1.073
Williams %R (14):	-22.96
Chande Momentum Oscillator (20):	0.148
Repulse (5,40,3):	10.0610
ROCnROLL:	-1
TRIX (15,9):	-1.3760
Courbe Coppock:	13.25

MA7:	1.075
MA20:	1.030
MA50:	1.393
MA100:	1.709
MAexp7:	1.094
MAexp20:	1.092
MAexp50:	1.324
MAexp100:	1.554
Price / MA7:	+9.77%
Price / MA20:	+14.56%
Price / MA50:	-15.29%
Price / MA100:	-30.95%
Price / MAexp7:	+7.86%
Price / MAexp20:	+8.06%
Price / MAexp50:	-10.88%
Price / MAexp100:	-24.07%

Quotes : - 15 min delayed data - Euronext Paris

News

The last news published on ADVICENNE 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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