RALLYE

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	RAL
ISIN:	FR0000060618

RALLYE - 1H - Technical analysis published on 05/21/2024 (GMT)

Timeframe : 1H
- Analysis generated on
Status : IN PROGRESS...

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

22%

33%

44%

My opinion

Bearish under

My targets

()

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on RALLYE as long as the price remains well below . The sellers' bearish objective is set at . A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at . In case of crossing, the next objective would be the support located at . However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

6.4

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 Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The RALLYE price is 0.0441 EUR. The price has increased by +2.56% since the last closing with the lowest point at 0.0395 EUR and the highest point at 0.0509 EUR. The deviation from the price is +11.65% for the low point and -13.36% for the high point.

0.0395

0.0509

0.0441

A study of price movements over other periods shows the following variations:

Technical

A technical analysis in 1H of this RALLYE chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 8 are neutral and 6 are bearish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

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

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.0152	0.0342	0.0441	0.0501	0.0590	0.0801
Change (%)	-65.53%	-22.45%	-	+13.61%	+33.79%	+81.63%
Change	-0.0289	-0.0099	-	+0.0060	+0.0149	+0.0360
Level	Minor	Major	-	Major	Minor	Minor

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	0.0278	0.0339	0.0385	0.0446	0.0492	0.0553	0.0599
Camarilla	0.0401	0.0410	0.0420	0.0430	0.0440	0.0450	0.0459
Woodie	0.0270	0.0335	0.0377	0.0442	0.0484	0.0549	0.0591
Fibonacci	0.0339	0.0380	0.0406	0.0446	0.0487	0.0513	0.0553

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.0263	0.0332	0.0381	0.0450	0.0499	0.0568	0.0617
Camarilla	0.0398	0.0408	0.0419	0.0430	0.0441	0.0452	0.0463
Woodie	0.0253	0.0327	0.0371	0.0445	0.0489	0.0563	0.0607
Fibonacci	0.0332	0.0377	0.0405	0.0450	0.0495	0.0523	0.0568

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.0693	-0.0271	0.0305	0.0727	0.1303	0.1725	0.2301
Camarilla	0.0606	0.0697	0.0789	0.0880	0.0972	0.1063	0.1155
Woodie	-0.0617	-0.0233	0.0381	0.0766	0.1379	0.1764	0.2377
Fibonacci	-0.0271	0.0111	0.0346	0.0727	0.1109	0.1344	0.1725

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):	45.06
MACD (12,26,9):	-0.0015
Directional Movement:	4.0895
AROON (14):	35.7143
DEMA (21):	0.0435
Parabolic SAR (0,02-0,02-0,2):	0.0400
Elder Ray (13):	-0.0005
Super Trend (3,10):	0.0492
Zig ZAG (10):	0.0441
VORTEX (21):	0.8183
Stochastique (14,3,5):	49.71
TEMA (21):	0.0428
Williams %R (14):	-59.65
Chande Momentum Oscillator (20):	-0.0058
Repulse (5,40,3):	-10.1764
ROCnROLL:	2
TRIX (15,9):	-0.4805
Courbe Coppock:	24.90

MA7:	0.0485
MA20:	0.0498
MA50:	0.0590
MA100:	0.0971
MAexp7:	0.0442
MAexp20:	0.0455
MAexp50:	0.0476
MAexp100:	0.0485
Price / MA7:	-9.07%
Price / MA20:	-11.45%
Price / MA50:	-25.25%
Price / MA100:	-54.58%
Price / MAexp7:	-0.23%
Price / MAexp20:	-3.08%
Price / MAexp50:	-7.35%
Price / MAexp100:	-9.07%

Quotes : - 15 min delayed data - Euronext Paris

News

Don't forget to follow the news on RALLYE. 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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