OPMOBILITY

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	OPM
ISIN:	FR0000124570

OPMOBILITY - Daily - Technical analysis published on 02/22/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bearish

Technical indicators

61%

33%

My opinion

Bullish above 10.130 EUR

My targets

12.003 EUR (+7.94%)

12.820 EUR (+15.29%)

My analysis

The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for PLASTIC OMNIUM as long as the price remains well above 10.130 EUR. The buyers' bullish objective is set at 12.003 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 12.820 EUR. If there is any crossing, the next objective would be the resistance located at 15.606 EUR. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 12.003 EUR. On this resistance, against the trend traders who would like to go short on PLASTIC OMNIUM with a bearish signal from their trading strategy, should not hesitate to act.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

2.1

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 PLASTIC OMNIUM rating is 11.120 EUR. The price has increased by +6.82% since the last closing and was between 10.600 EUR and 11.380 EUR. This implies that the price is at +4.91% from its lowest and at -2.28% from its highest.

10.600

11.380

11.120

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

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

New LOW record (5 years)

Type : Bearish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 5 days

Technical

Technical analysis of PLASTIC OMNIUM in Daily shows an overall slightly bearish trend. Only 57.14% of the signals given by moving averages are bearish. This slightly bearish trend could quickly be reversed due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

An assessment of technical indicators shows a moderate bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

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 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : Daily

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	3.384	6.216	10.130	11.120	11.210	12.820	15.606
Change (%)	-69.57%	-44.10%	-8.90%	-	+0.81%	+15.29%	+40.34%
Change	-7.736	-4.904	-0.990	-	+0.090	+1.700	+4.486
Level	Intermediate	Major	Major	-	Minor	Major	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	9.907	10.253	10.687	11.033	11.467	11.813	12.247
Camarilla	10.906	10.977	11.049	11.120	11.192	11.263	11.335
Woodie	9.950	10.275	10.730	11.055	11.510	11.835	12.290
Fibonacci	10.253	10.551	10.735	11.033	11.331	11.515	11.813

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.270	9.680	10.140	10.550	11.010	11.420	11.880
Camarilla	10.361	10.441	10.520	10.600	10.680	10.760	10.839
Woodie	9.295	9.693	10.165	10.563	11.035	11.433	11.905
Fibonacci	9.680	10.012	10.218	10.550	10.882	11.088	11.420

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	7.503	8.827	9.753	11.077	12.003	13.327	14.253
Camarilla	10.061	10.268	10.474	10.680	10.886	11.093	11.299
Woodie	7.305	8.728	9.555	10.978	11.805	13.228	14.055
Fibonacci	8.827	9.686	10.217	11.077	11.936	12.467	13.327

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):	58.17
MACD (12,26,9):	-0.1420
Directional Movement:	15.673
AROON (14):	14.286
DEMA (21):	10.330
Parabolic SAR (0,02-0,02-0,2):	9.990
Elder Ray (13):	0.489
Super Trend (3,10):	9.738
Zig ZAG (10):	11.120
VORTEX (21):	0.8820
Stochastique (14,3,5):	45.81
TEMA (21):	10.420
Williams %R (14):	-18.71
Chande Momentum Oscillator (20):	0.450
Repulse (5,40,3):	2.8040
ROCnROLL:	-1
TRIX (15,9):	-0.3030
Courbe Coppock:	3.74

MA7:	10.420
MA20:	10.518
MA50:	11.115
MA100:	11.697
MAexp7:	10.528
MAexp20:	10.568
MAexp50:	11.018
MAexp100:	11.916
Price / MA7:	+6.72%
Price / MA20:	+5.72%
Price / MA50:	+0.04%
Price / MA100:	-4.93%
Price / MAexp7:	+5.62%
Price / MAexp20:	+5.22%
Price / MAexp50:	+0.93%
Price / MAexp100:	-6.68%

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:

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

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