LIGHTON - 1H - Technical analysis published on 12/20/2024 (GMT)
- 104
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bearish
Technical indicators
83%
6%
11%
My opinion
Neutral between 11.960 EUR and 13.410 EUR
My targets
-
My analysis
The basic trend is slightly bearish 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 13.410 EUR. The first support is located at 11.960 EUR. Without a basic trend, it is be important to monitor the price reaction at the first levels of resistance or support. A bullish break in resistance could quickly reverse the basic trend. A bearish break in the support would be welcome to boost the slightly bearish 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 LIGHTON.
In the very short term, despite the neutral opinion of this analysis, 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.
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Additional analysis
Quotes
The LIGHTON price is 12.832 EUR. The price has increased by +14.57% since the last closing and was between 11.206 EUR and 13.376 EUR. This implies that the price is at +14.51% from its lowest and at -4.07% from its highest.11.206
13.376
12.832
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
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 (5 years)
Type : Bearish
Timeframe : Weekly
Abnormal volumes on LIGHTON were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of LIGHTON in 1H shows an overall slightly bearish trend. Only 60.71% of the signals given by moving averages are bearish. This slightly bearish trend could turn neutral or reverse given the slightly bullish signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
In fact, 15 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 10.552 | 12.832 | 14.853 | 20.255 | 24.500 |
| Change (%) | -17.77% | - | +15.75% | +57.85% | +90.93% |
| Change | -2.280 | - | +2.021 | +7.423 | +11.668 |
| Level | Intermediate | - | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 9.520 | 10.036 | 10.618 | 11.134 | 11.716 | 12.232 | 12.814 |
| Camarilla | 10.898 | 10.999 | 11.099 | 11.200 | 11.301 | 11.401 | 11.502 |
| Woodie | 9.553 | 10.053 | 10.651 | 11.151 | 11.749 | 12.249 | 12.847 |
| Fibonacci | 10.036 | 10.455 | 10.715 | 11.134 | 11.553 | 11.813 | 12.232 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.960 | 12.740 | 13.410 | 14.190 | 14.860 | 15.640 | 16.310 |
| Camarilla | 13.681 | 13.814 | 13.947 | 14.080 | 14.213 | 14.346 | 14.479 |
| Woodie | 11.905 | 12.713 | 13.355 | 14.163 | 14.805 | 15.613 | 16.255 |
| Fibonacci | 12.740 | 13.294 | 13.636 | 14.190 | 14.744 | 15.086 | 15.640 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -9.417 | 0.467 | 9.233 | 19.117 | 27.883 | 37.767 | 46.533 |
| Camarilla | 12.871 | 14.581 | 16.290 | 18.000 | 19.710 | 21.419 | 23.129 |
| Woodie | -9.975 | 0.188 | 8.675 | 18.838 | 27.325 | 37.488 | 45.975 |
| Fibonacci | 0.467 | 7.591 | 11.992 | 19.117 | 26.241 | 30.642 | 37.767 |
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): | 60.67 | |
| MACD (12,26,9): | -0.0320 | |
| Directional Movement: | 15.919 | |
| AROON (14): | 92.857 | |
| DEMA (21): | 11.900 | |
| Parabolic SAR (0,02-0,02-0,2): | 11.070 | |
| Elder Ray (13): | 0.835 | |
| Super Trend (3,10): | 11.497 | |
| Zig ZAG (10): | 12.832 | |
| VORTEX (21): | 0.9670 | |
| Stochastique (14,3,5): | 87.65 | |
| TEMA (21): | 12.241 | |
| Williams %R (14): | -19.26 | |
| Chande Momentum Oscillator (20): | 1.852 | |
| Repulse (5,40,3): | 2.1960 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.3820 | |
| Courbe Coppock: | 11.05 |
| MA7: | 12.928 | |
| MA20: | 0.000 | |
| MA50: | 0.000 | |
| MA100: | 0.000 | |
| MAexp7: | 12.360 | |
| MAexp20: | 12.084 | |
| MAexp50: | 12.588 | |
| MAexp100: | 13.427 | |
| Price / MA7: | -0.74% | |
| Price / MA20: | - | |
| Price / MA50: | - | |
| Price / MA100: | - | |
| Price / MAexp7: | +3.82% | |
| Price / MAexp20: | +6.19% | |
| Price / MAexp50: | +1.94% | |
| Price / MAexp100: | -4.43% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The last news published on LIGHTON at the time of the generation of this analysis was as follows:
- LIGHTON announces ModernBERT: a new generation of BERT models for optimal data processing and classification performance.
- LIGHTON announces the end of the stabilization period, the full exercice of the over-allotment option and the implementation of a liquidity contract.
- LIGHTON: Stabilization operations.
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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