OPMOBILITY - 1H - Technical analysis published on 05/23/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
11%
44%
44%
My opinion
Bullish above 15.62 EUR
My targets
16.03 EUR (+1.14%)
16.78 EUR (+5.87%)
My analysis
Has the basic bullish 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 bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 15.62 EUR remains possible. It is advisable to trade PLASTIC OMNIUM with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 15.62 EUR. The next bullish objective for buyers is set at 16.03 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 16.78 EUR. If there is any crossing, the next objective would be the resistance located at 17.73 EUR. PS: if there is a bearish break in the support located at 15.62 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, the general bullish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bullish direction is still favored, however the current short term bearish correction should be carefully watched.
Force
0
10
1.4
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Additional analysis
Quotes
The PLASTIC OMNIUM price is 15.85 EUR. The price has increased by +0.19% since the last closing and was traded between 15.78 EUR and 15.85 EUR over the period. The price is currently at +0.44% from its lowest and 0% from its highest.15.78
15.85
15.85
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of PLASTIC OMNIUM in 1H shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further decline is low given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
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:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Near support of channel
Type : Bullish
Timeframe : 1 hour
The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:
Bearish harami
Type : Bearish
Timeframe : 1 hour
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 15.14 | 15.62 | 15.85 | 15.85 | 16.03 | 16.78 | 17.73 |
| Change (%) | -4.48% | -1.45% | 0% | - | +1.14% | +5.87% | +11.86% |
| Change | -0.71 | -0.23 | 0 | - | +0.18 | +0.93 | +1.88 |
| Level | Intermediate | Major | Minor | - | Intermediate | Major | Major |
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 | 15.44 | 15.59 | 15.71 | 15.86 | 15.98 | 16.13 | 16.25 |
| Camarilla | 15.75 | 15.77 | 15.80 | 15.82 | 15.85 | 15.87 | 15.89 |
| Woodie | 15.42 | 15.58 | 15.69 | 15.85 | 15.96 | 16.12 | 16.23 |
| Fibonacci | 15.59 | 15.70 | 15.76 | 15.86 | 15.97 | 16.03 | 16.13 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.39 | 14.77 | 15.38 | 15.76 | 16.37 | 16.75 | 17.36 |
| Camarilla | 15.73 | 15.82 | 15.91 | 16.00 | 16.09 | 16.18 | 16.27 |
| Woodie | 14.52 | 14.83 | 15.51 | 15.82 | 16.50 | 16.81 | 17.49 |
| Fibonacci | 14.77 | 15.15 | 15.38 | 15.76 | 16.14 | 16.37 | 16.75 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.81 | 13.83 | 14.73 | 15.75 | 16.65 | 17.67 | 18.57 |
| Camarilla | 15.11 | 15.29 | 15.46 | 15.64 | 15.82 | 15.99 | 16.17 |
| Woodie | 12.76 | 13.80 | 14.68 | 15.72 | 16.60 | 17.64 | 18.52 |
| Fibonacci | 13.83 | 14.56 | 15.01 | 15.75 | 16.48 | 16.93 | 17.67 |
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): | 45.27 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | -10.44 | |
| AROON (14): | -78.57 | |
| DEMA (21): | 15.92 | |
| Parabolic SAR (0,02-0,02-0,2): | 15.98 | |
| Elder Ray (13): | -0.08 | |
| Super Trend (3,10): | 16.00 | |
| Zig ZAG (10): | 15.82 | |
| VORTEX (21): | 0.9300 | |
| Stochastique (14,3,5): | 20.52 | |
| TEMA (21): | 15.85 | |
| Williams %R (14): | -80.56 | |
| Chande Momentum Oscillator (20): | -0.22 | |
| Repulse (5,40,3): | 0.5500 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 2.64 |
| MA7: | 15.74 | |
| MA20: | 15.44 | |
| MA50: | 15.62 | |
| MA100: | 15.72 | |
| MAexp7: | 15.85 | |
| MAexp20: | 15.88 | |
| MAexp50: | 15.77 | |
| MAexp100: | 15.63 | |
| Price / MA7: | +0.70% | |
| Price / MA20: | +2.66% | |
| Price / MA50: | +1.47% | |
| Price / MA100: | +0.83% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -0.19% | |
| Price / MAexp50: | +0.51% | |
| Price / MAexp100: | +1.41% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The last news published on PLASTIC OMNIUM at the time of the generation of this analysis was as follows:
Plastic Omnium SAThis member declared not having a position on this financial instrument or a related financial instrument.
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