CLARANOVA

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	CLA
ISIN:	FR0013426004

CLARANOVA - 1H - Technical analysis published on 01/05/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

11%

17%

My opinion

Bullish above 2.090 EUR

My targets

2.245 EUR (+4.18%)

2.390 EUR (+10.90%)

My analysis

CLARANOVA is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 2.090 EUR. The next resistance located at 2.245 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 2.390 EUR. After this resistance, buyers could then target 2.953 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

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.

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Additional analysis

Quotes

The CLARANOVA rating is 2.155 EUR. The price has increased by +4.11% since the last closing and was traded between 2.050 EUR and 2.170 EUR over the period. The price is currently at +5.12% from its lowest and -0.69% from its highest.

2.050

2.170

2.155

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

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

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 5 days

Technical

A technical analysis in 1H of this CLARANOVA chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

In fact, 13 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour

Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.913	2.090	2.150	2.155	2.245	2.390	2.953
Change (%)	-11.23%	-3.02%	-0.23%	-	+4.18%	+10.90%	+37.03%
Change	-0.242	-0.065	-0.005	-	+0.090	+0.235	+0.798
Level	Major	Intermediate	Intermediate	-	Intermediate	Major	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	1.897	1.963	2.017	2.083	2.137	2.203	2.257
Camarilla	2.037	2.048	2.059	2.070	2.081	2.092	2.103
Woodie	1.890	1.960	2.010	2.080	2.130	2.200	2.250
Fibonacci	1.963	2.009	2.038	2.083	2.129	2.158	2.203

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.307	1.518	1.822	2.033	2.337	2.548	2.852
Camarilla	1.983	2.031	2.078	2.125	2.172	2.219	2.267
Woodie	1.353	1.541	1.868	2.056	2.383	2.571	2.898
Fibonacci	1.518	1.715	1.837	2.033	2.230	2.352	2.548

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.877	1.174	1.650	1.947	2.423	2.720	3.196
Camarilla	1.912	1.983	2.054	2.125	2.196	2.267	2.338
Woodie	0.966	1.219	1.739	1.992	2.512	2.765	3.285
Fibonacci	1.174	1.470	1.652	1.947	2.243	2.425	2.720

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):	60.22
MACD (12,26,9):	0.0040
Directional Movement:	24.355
AROON (14):	100.000
DEMA (21):	2.086
Parabolic SAR (0,02-0,02-0,2):	2.043
Elder Ray (13):	0.036
Super Trend (3,10):	2.157
Zig ZAG (10):	2.135
VORTEX (21):	0.8770
Stochastique (14,3,5):	42.00
TEMA (21):	2.063
Williams %R (14):	-24.00
Chande Momentum Oscillator (20):	-0.025
Repulse (5,40,3):	2.8470
ROCnROLL:	1
TRIX (15,9):	0.0130
Courbe Coppock:	1.27

MA7:	2.049
MA20:	1.933
MA50:	1.622
MA100:	1.606
MAexp7:	2.086
MAexp20:	2.079
MAexp50:	2.045
MAexp100:	1.979
Price / MA7:	+5.17%
Price / MA20:	+11.48%
Price / MA50:	+32.86%
Price / MA100:	+34.18%
Price / MAexp7:	+3.31%
Price / MAexp20:	+3.66%
Price / MAexp50:	+5.38%
Price / MAexp100:	+8.89%

Quotes : - 15 min delayed data - Euronext Paris

News

Don't forget to follow the news on CLARANOVA. 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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