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 02/17/2025 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

44%

17%

39%

My opinion

Bullish above 31.67 EUR

My targets

33.57 EUR (+3.52%)

34.82 EUR (+7.37%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SOLVAY as long as the price remains well above 31.67 EUR. The buyers' bullish objective is set at 33.57 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 34.82 EUR. If there is any crossing, the next objective would be the resistance located at 36.77 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

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 SOLVAY price is 32.43 EUR. The price is lower by -0.15% since the last closing and was between 32.28 EUR and 32.61 EUR. This implies that the price is at +0.46% from its lowest and at -0.55% from its highest.

32.28

32.61

32.43

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

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

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of SOLVAY indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish 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 shows a slightly bullish signal.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour

Williams %R indicator is back under -50

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

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	29.85	30.70	31.67	32.43	33.57	34.82	36.77
Change (%)	-7.96%	-5.33%	-2.34%	-	+3.52%	+7.37%	+13.38%
Change	-2.58	-1.73	-0.76	-	+1.14	+2.39	+4.34
Level	Major	Minor	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	30.98	31.41	31.95	32.38	32.92	33.35	33.89
Camarilla	32.21	32.30	32.39	32.48	32.57	32.66	32.75
Woodie	31.03	31.44	32.00	32.41	32.97	33.38	33.94
Fibonacci	31.41	31.78	32.01	32.38	32.75	32.98	33.35

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	28.19	29.19	30.83	31.83	33.47	34.47	36.11
Camarilla	31.75	32.00	32.24	32.48	32.72	32.96	33.21
Woodie	28.52	29.35	31.16	31.99	33.80	34.63	36.44
Fibonacci	29.19	30.20	30.82	31.83	32.84	33.46	34.47

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	25.06	26.69	28.12	29.75	31.18	32.81	34.24
Camarilla	28.70	28.98	29.26	29.54	29.82	30.10	30.38
Woodie	24.95	26.64	28.01	29.70	31.07	32.76	34.13
Fibonacci	26.69	27.86	28.58	29.75	30.92	31.64	32.81

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):	67.73
MACD (12,26,9):	0.3100
Directional Movement:	29.05
AROON (14):	50.00
DEMA (21):	32.68
Parabolic SAR (0,02-0,02-0,2):	32.36
Elder Ray (13):	0.12
Super Trend (3,10):	32.02
Zig ZAG (10):	32.48
VORTEX (21):	1.1500
Stochastique (14,3,5):	56.22
TEMA (21):	32.64
Williams %R (14):	-64.81
Chande Momentum Oscillator (20):	-0.02
Repulse (5,40,3):	0.0600
ROCnROLL:	1
TRIX (15,9):	0.1700
Courbe Coppock:	3.13

MA7:	31.37
MA20:	30.22
MA50:	30.12
MA100:	32.09
MAexp7:	32.45
MAexp20:	32.23
MAexp50:	31.56
MAexp100:	30.88
Price / MA7:	+3.38%
Price / MA20:	+7.31%
Price / MA50:	+7.67%
Price / MA100:	+1.06%
Price / MAexp7:	-0.06%
Price / MAexp20:	+0.62%
Price / MAexp50:	+2.76%
Price / MAexp100:	+5.02%

Quotes : - 15 min delayed data - Euronext Bruxelles

News

Don't forget to follow the news on SOLVAY. 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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