SOLVAY
SOLVAY
- EUR (-)
- 15 min delayed data - Euronext Bruxelles
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: SOLB
ISIN: BE0003470755

SOLVAY - 1H - Technical analysis published on 02/04/2025 (GMT)

  • 77
  • 0
  • Timeframe : 1H
  • - Analysis generated on
  • Status : NEUTRAL

Summary of the analysis

Trends
Short term: Bullish
Underlying: Neutral
Technical indicators
56%
17%
28%
My opinion
Neutral between 29.25 EUR and 29.84 EUR
My targets
-
My analysis
The basic trend is neutral and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 29.84 EUR. The first support is located at 29.25 EUR. However, the chances of finding the first resistance before the first support are slightly higher. Without a basic trend, it is be important to monitor the price response at these levels. A bullish break in resistance or a bearish break in support could provide a signal that would set a new direction for the basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by SOLVAY.

In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.

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:
15 min. Daily Weekly

Additional analysis

Quotes

SOLVAY rating 29.49 EUR. The price registered an increase of +1.69% on the session and was traded between 28.76 EUR and 29.49 EUR over the period. The price is currently at +2.54% from its lowest and 0% from its highest.

28.76
29.49
29.49

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of SOLVAY in 1H shows a neutral overall trend. This indecision could turn into a bullish trend due to the slightly bullish signals currently given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



The probability of a further increase are moderate given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour



The analysis of the price chart with Central Patterns scanners does not return any result.

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 28.53 29.01 29.25 29.49 29.84 30.30 31.00
Change (%) -3.26% -1.63% -0.81% - +1.19% +2.75% +5.12%
Change -0.96 -0.48 -0.24 - +0.35 +0.81 +1.51
Level Intermediate Major Minor - 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
Standard28.1228.3328.6628.8729.2029.4129.74
Camarilla28.8528.9028.9529.0029.0529.1029.15
Woodie28.1928.3628.7328.9029.2729.4429.81
Fibonacci28.3328.5328.6628.8729.0729.2029.41


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard27.5828.2728.9129.6030.2430.9331.57
Camarilla29.1729.3029.4229.5429.6629.7829.91
Woodie27.5528.2628.8829.5930.2130.9231.54
Fibonacci28.2728.7829.1029.6030.1130.4330.93


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard25.0626.6928.1229.7531.1832.8134.24
Camarilla28.7028.9829.2629.5429.8230.1030.38
Woodie24.9526.6428.0129.7031.0732.7634.13
Fibonacci26.6927.8628.5829.7530.9231.6432.81

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): 57.71
MACD (12,26,9): -0.1000
Directional Movement: 5.15
AROON (14): -21.43
DEMA (21): 28.99
Parabolic SAR (0,02-0,02-0,2): 29.61
Elder Ray (13): 0.16
Super Trend (3,10): 28.40
Zig ZAG (10): 29.49
VORTEX (21): 0.9900
Stochastique (14,3,5): 60.78
TEMA (21): 28.98
Williams %R (14): -5.88
Chande Momentum Oscillator (20): 0.07
Repulse (5,40,3): 2.8900
ROCnROLL: 1
TRIX (15,9): -0.0600
Courbe Coppock: 2.86
MA7: 29.42
MA20: 29.53
MA50: 30.07
MA100: 32.21
MAexp7: 29.08
MAexp20: 29.13
MAexp50: 29.32
MAexp100: 29.48
Price / MA7: +0.24%
Price / MA20: -0.14%
Price / MA50: -1.93%
Price / MA100: -8.44%
Price / MAexp7: +1.41%
Price / MAexp20: +1.24%
Price / MAexp50: +0.58%
Price / MAexp100: +0.03%

Quotes : - 15 min delayed data - Euronext Bruxelles

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

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