ATOS - 1H - Technical analysis published on 07/05/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
50%
22%
28%
My opinion
Bearish under 0.8373 EUR
My targets
0.6887 EUR (-9.91%)
0.4333 EUR (-43.31%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on ATOS as long as the price remains well below 0.8373 EUR. The sellers' bearish objective is set at 0.6887 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.4333 EUR. 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
0
10
5.2
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ATOS rating 0.7644 EUR. The price registered a decrease of -0.08% on the session and was between 0.7102 EUR and 0.7930 EUR. This implies that the price is at +7.63% from its lowest and at -3.61% from its highest.0.7102
0.7930
0.7644
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
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:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of ATOS indicates that the overall trend is strongly bearish. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near support of channel
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.7608 | 0.7644 | 0.9314 | 1.2272 | 1.7145 |
| Change (%) | -0.47% | - | +21.85% | +60.54% | +124.29% |
| Change | -0.0036 | - | +0.1670 | +0.4628 | +0.9501 |
| Level | Intermediate | - | Intermediate | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6780 | 0.7210 | 0.7430 | 0.7860 | 0.8080 | 0.8510 | 0.8730 |
| Camarilla | 0.7471 | 0.7531 | 0.7590 | 0.7650 | 0.7710 | 0.7769 | 0.7829 |
| Woodie | 0.6675 | 0.7158 | 0.7325 | 0.7808 | 0.7975 | 0.8458 | 0.8625 |
| Fibonacci | 0.7210 | 0.7458 | 0.7612 | 0.7860 | 0.8108 | 0.8262 | 0.8510 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.4333 | 0.6887 | 0.8373 | 1.0927 | 1.2413 | 1.4967 | 1.6453 |
| Camarilla | 0.8749 | 0.9119 | 0.9490 | 0.9860 | 1.0230 | 1.0601 | 1.0971 |
| Woodie | 0.3800 | 0.6620 | 0.7840 | 1.0660 | 1.1880 | 1.4700 | 1.5920 |
| Fibonacci | 0.6887 | 0.8430 | 0.9383 | 1.0927 | 1.2470 | 1.3423 | 1.4967 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -1.6007 | -0.4817 | 0.2521 | 1.3711 | 2.1049 | 3.2239 | 3.9577 |
| Camarilla | 0.4765 | 0.6463 | 0.8162 | 0.9860 | 1.1558 | 1.3257 | 1.4955 |
| Woodie | -1.7932 | -0.5780 | 0.0596 | 1.2748 | 1.9124 | 3.1276 | 3.7652 |
| Fibonacci | -0.4817 | 0.2260 | 0.6633 | 1.3711 | 2.0788 | 2.5161 | 3.2239 |
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): | 39.02 | |
| MACD (12,26,9): | -0.0352 | |
| Directional Movement: | -17.5234 | |
| AROON (14): | -64.2857 | |
| DEMA (21): | 0.7471 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.7135 | |
| Elder Ray (13): | -0.0046 | |
| Super Trend (3,10): | 0.8356 | |
| Zig ZAG (10): | 0.7722 | |
| VORTEX (21): | 0.8065 | |
| Stochastique (14,3,5): | 60.34 | |
| TEMA (21): | 0.7582 | |
| Williams %R (14): | -29.08 | |
| Chande Momentum Oscillator (20): | -0.0074 | |
| Repulse (5,40,3): | -2.5944 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.6831 | |
| Courbe Coppock: | 13.71 |
| MA7: | 0.9169 | |
| MA20: | 1.0538 | |
| MA50: | 1.5606 | |
| MA100: | 1.8044 | |
| MAexp7: | 0.7739 | |
| MAexp20: | 0.8008 | |
| MAexp50: | 0.8826 | |
| MAexp100: | 1.0010 | |
| Price / MA7: | -16.63% | |
| Price / MA20: | -27.46% | |
| Price / MA50: | -51.02% | |
| Price / MA100: | -57.64% | |
| Price / MAexp7: | -1.23% | |
| Price / MAexp20: | -4.55% | |
| Price / MAexp50: | -13.39% | |
| Price / MAexp100: | -23.64% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The last news published on ATOS at the time of the generation of this analysis was as follows:
- Market Update - June 30, 2024
- Atos - Resignation of Mr. David Layani and Ms. Helen Lee-Bouygues from the BoD
- Market Update - 26 June, 2024
- Market Update - June 14, 2024
- Atos enters into exclusive negotiations with ALTEN for the sale of Worldgrid
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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