VALLOUREC

2.84 EUR (+6.37%)

03/25/2025 - 16:25 Closed 15 min delayed data - Euronext Paris

Open:	2.66
Change:	+0.17
Volume:	4,259

Low:	2.66
High:	2.84
High / Low range:	0.18

Type:	Stocks
Ticker:	VK
ISIN:	FR0013506730

VALLOUREC - Daily - Technical analysis published on 01/16/2024 (GMT)

171
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01/16/2024 - 11:25
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Londinia

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Timeframe : Daily
- Analysis generated on 01/16/2024 - 11:25
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

28%

44%

28%

My opinion

Bullish above 12.780 EUR

My targets

13.969 EUR (+4.79%)

14.565 EUR (+9.26%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on VALLOUREC. As long as you are above the support located at 12.780 EUR, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 13.969 EUR would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 14.565 EUR as an objective. Crossing it would then enable buyers to target 16.072 EUR. If the support 12.780 EUR were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.

Force

2.7

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 VALLOUREC price is 13.330 EUR. The price registered an increase of +2.58% on the session with the lowest point at 12.810 EUR and the highest point at 13.440 EUR. The deviation from the price is +4.06% for the low point and -0.82% for the high point.

12.810

13.440

13.330

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

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:

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 this Daily chart of VALLOUREC indicates that the overall trend is bullish. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

On the 18 technical indicators analysed, 5 are bullish, 5 are neutral and 8 are bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

MACD indicator is back under 0

Type : Bearish

Timeframe : Daily

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Near support of channel

Type : Bullish

Timeframe : Daily

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Bullish engulfing lines

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	12.007	12.780	13.300	13.330	13.969	14.565	16.072
Change (%)	-9.92%	-4.13%	-0.23%	-	+4.79%	+9.26%	+20.57%
Change	-1.323	-0.550	-0.030	-	+0.639	+1.235	+2.742
Level	Minor	Major	Intermediate	-	Major	Major	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12.345	12.565	12.780	13.000	13.215	13.435	13.650
Camarilla	12.875	12.915	12.955	12.995	13.035	13.075	13.115
Woodie	12.343	12.564	12.778	12.999	13.213	13.434	13.648
Fibonacci	12.565	12.731	12.834	13.000	13.166	13.269	13.435

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.037	12.038	12.587	13.588	14.137	15.138	15.687
Camarilla	12.709	12.851	12.993	13.135	13.277	13.419	13.561
Woodie	10.810	11.925	12.360	13.475	13.910	15.025	15.460
Fibonacci	12.038	12.630	12.996	13.588	14.180	14.546	15.138

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.315	11.315	12.670	13.670	15.025	16.025	17.380
Camarilla	13.377	13.593	13.809	14.025	14.241	14.457	14.673
Woodie	10.493	11.404	12.848	13.759	15.203	16.114	17.558
Fibonacci	11.315	12.215	12.770	13.670	14.570	15.125	16.025

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	45.56
MACD (12,26,9):	0.0000
Directional Movement:	-6.442
AROON (14):	-85.714
DEMA (21):	13.739
Parabolic SAR (0,02-0,02-0,2):	14.360
Elder Ray (13):	-0.486
Super Trend (3,10):	14.119
Zig ZAG (10):	13.330
VORTEX (21):	1.0140
Stochastique (14,3,5):	15.29
TEMA (21):	13.450
Williams %R (14):	-71.09
Chande Momentum Oscillator (20):	-0.865
Repulse (5,40,3):	0.7810
ROCnROLL:	-1
TRIX (15,9):	0.2010
Courbe Coppock:	7.52

MA7:	13.446
MA20:	13.917
MA50:	13.327
MA100:	12.487
MAexp7:	13.435
MAexp20:	13.640
MAexp50:	13.264
MAexp100:	12.757
Price / MA7:	-0.86%
Price / MA20:	-4.22%
Price / MA50:	+0.02%
Price / MA100:	+6.75%
Price / MAexp7:	-0.78%
Price / MAexp20:	-2.27%
Price / MAexp50:	+0.50%
Price / MAexp100:	+4.49%

Quotes : 01/16/2024 - 11:08 - 15 min delayed data - Euronext Paris

News

The latest news and videos published on VALLOUREC at the time of the analysis were as follows:

04/26/2023 - 19:17 Hilco Global Announces Sale of All Assets at Vallourec Deutschland GmbH
04/26/2023 - 19:05 Hilco Global Announces Sale of All Assets at Vallourec Deutschland GmbH
05/25/2020 - 16:00 Vallourec: Disclosure of trading in own shares on 19 May 2020
05/15/2020 - 16:00 Vallourec: Monthly information relating to the total number of voting rights and shares comprising the share capital
04/23/2020 - 06:15 Vallourec launches a reverse stock split

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

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Londinia AI

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