ATOS - 1H - Technical analysis published on 09/05/2024 (GMT)
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I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
72%
6%
22%
My opinion
Bearish under 0.7280 EUR
My targets
0.6588 EUR (-8.85%)
My analysis
Has the basic bearish 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 bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.7280 EUR remains possible. It is advisable to trade ATOS with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.7280 EUR. The next bearish objective for sellers is set at 0.6588 EUR. A bearish break of this support would revive the bearish momentum. PS: if there is a bullish break in the resistance located at 0.7280 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
0.4
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Additional analysis
Quotes
The ATOS price is 0.7228 EUR. On the day, this instrument gained +4.75% with the lowest point at 0.6910 EUR and the highest point at 0.7298 EUR. The deviation from the price is +4.60% for the low point and -0.96% for the high point.0.6910
0.7298
0.7228
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum 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:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of ATOS in 1H shows an overall bearish trend. The signals given by moving averages are 71.43% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators shows a strong bullish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.6588 | 0.7228 | 0.7280 | 0.8313 | 0.9090 |
| Change (%) | -8.85% | - | +0.72% | +15.01% | +25.76% |
| Change | -0.0640 | - | +0.0052 | +0.1085 | +0.1862 |
| Level | Major | - | Minor | Major | Intermediate |
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 | 0.6569 | 0.6735 | 0.6817 | 0.6983 | 0.7065 | 0.7231 | 0.7313 |
| Camarilla | 0.6832 | 0.6855 | 0.6877 | 0.6900 | 0.6923 | 0.6946 | 0.6968 |
| Woodie | 0.6528 | 0.6714 | 0.6776 | 0.6962 | 0.7024 | 0.7210 | 0.7272 |
| Fibonacci | 0.6735 | 0.6829 | 0.6888 | 0.6983 | 0.7077 | 0.7136 | 0.7231 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.7533 | 0.7767 | 0.7981 | 0.8215 | 0.8429 | 0.8663 | 0.8877 |
| Camarilla | 0.8073 | 0.8114 | 0.8155 | 0.8196 | 0.8237 | 0.8278 | 0.8319 |
| Woodie | 0.7524 | 0.7762 | 0.7972 | 0.8210 | 0.8420 | 0.8658 | 0.8868 |
| Fibonacci | 0.7767 | 0.7938 | 0.8044 | 0.8215 | 0.8386 | 0.8492 | 0.8663 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.5104 | 0.6552 | 0.7374 | 0.8822 | 0.9644 | 1.1092 | 1.1914 |
| Camarilla | 0.7572 | 0.7780 | 0.7988 | 0.8196 | 0.8404 | 0.8612 | 0.8820 |
| Woodie | 0.4791 | 0.6396 | 0.7061 | 0.8666 | 0.9331 | 1.0936 | 1.1601 |
| Fibonacci | 0.6552 | 0.7419 | 0.7955 | 0.8822 | 0.9689 | 1.0225 | 1.1092 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 45.73 | |
| MACD (12,26,9): | -0.0129 | |
| Directional Movement: | -11.0782 | |
| AROON (14): | 78.5714 | |
| DEMA (21): | 0.7000 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.6935 | |
| Elder Ray (13): | 0.0071 | |
| Super Trend (3,10): | 0.7332 | |
| Zig ZAG (10): | 0.7200 | |
| VORTEX (21): | 0.9978 | |
| Stochastique (14,3,5): | 80.57 | |
| TEMA (21): | 0.7052 | |
| Williams %R (14): | -24.62 | |
| Chande Momentum Oscillator (20): | 0.0100 | |
| Repulse (5,40,3): | 0.5942 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.3734 | |
| Courbe Coppock: | 1.21 |
| MA7: | 0.7619 | |
| MA20: | 0.8175 | |
| MA50: | 0.9002 | |
| MA100: | 1.2914 | |
| MAexp7: | 0.7159 | |
| MAexp20: | 0.7207 | |
| MAexp50: | 0.7520 | |
| MAexp100: | 0.7863 | |
| Price / MA7: | -5.13% | |
| Price / MA20: | -11.58% | |
| Price / MA50: | -19.71% | |
| Price / MA100: | -44.03% | |
| Price / MAexp7: | +0.96% | |
| Price / MAexp20: | +0.29% | |
| Price / MAexp50: | -3.88% | |
| Price / MAexp100: | -8.08% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The latest news and videos published on ATOS at the time of the analysis were as follows:
- Atos Market Update - September 2, 2024
- Reduction of Resources for the Liquidity Contract Agreement with Rothschild Martin Maurel
- Atos press release : H1 2024 results
- Market Update - June 30, 2024
- Atos - Resignation of Mr. David Layani and Ms. Helen Lee-Bouygues from the BoD
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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