VERGNET - 1H - Technical analysis published on 08/23/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 0.0595 EUR
My targets
0.0640 EUR (+4.75%)
0.0685 EUR (+12.11%)
My analysis
VERGNET 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 0.0595 EUR. The next resistance located at 0.0640 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 0.0685 EUR. After this resistance, buyers could then target 0.1488 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.
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
0
10
9.1
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Additional analysis
Quotes
The VERGNET rating is 0.0611 EUR. On the day, this instrument gained +34.29% with the lowest point at 0.0535 EUR and the highest point at 0.0677 EUR. The deviation from the price is +14.21% for the low point and -9.75% for the high point.0.0535
0.0677
0.0611
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of VERGNET in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals 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 strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.0350 | 0.0436 | 0.0510 | 0.0611 | 0.0640 | 0.0685 | 0.1488 |
| Change (%) | -42.72% | -28.64% | -16.53% | - | +4.75% | +12.11% | +143.54% |
| Change | -0.0261 | -0.0175 | -0.0101 | - | +0.0029 | +0.0074 | +0.0877 |
| Level | Minor | Minor | Minor | - | Minor | 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 | 0.0350 | 0.0393 | 0.0424 | 0.0467 | 0.0498 | 0.0541 | 0.0572 |
| Camarilla | 0.0435 | 0.0441 | 0.0448 | 0.0455 | 0.0462 | 0.0469 | 0.0475 |
| Woodie | 0.0344 | 0.0390 | 0.0418 | 0.0464 | 0.0492 | 0.0538 | 0.0566 |
| Fibonacci | 0.0393 | 0.0421 | 0.0439 | 0.0467 | 0.0495 | 0.0513 | 0.0541 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.0157 | 0.0050 | 0.0272 | 0.0479 | 0.0701 | 0.0908 | 0.1130 |
| Camarilla | 0.0377 | 0.0416 | 0.0456 | 0.0495 | 0.0534 | 0.0574 | 0.0613 |
| Woodie | -0.0149 | 0.0054 | 0.0281 | 0.0483 | 0.0710 | 0.0912 | 0.1139 |
| Fibonacci | 0.0050 | 0.0214 | 0.0315 | 0.0479 | 0.0643 | 0.0744 | 0.0908 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.0059 | 0.0070 | 0.0159 | 0.0288 | 0.0377 | 0.0506 | 0.0595 |
| Camarilla | 0.0187 | 0.0207 | 0.0227 | 0.0247 | 0.0267 | 0.0287 | 0.0307 |
| Woodie | -0.0080 | 0.0060 | 0.0138 | 0.0278 | 0.0356 | 0.0496 | 0.0574 |
| Fibonacci | 0.0070 | 0.0154 | 0.0205 | 0.0288 | 0.0372 | 0.0423 | 0.0506 |
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): | 66.87 | |
| MACD (12,26,9): | 0.0021 | |
| Directional Movement: | 25.6223 | |
| AROON (14): | 71.4285 | |
| DEMA (21): | 0.0535 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.0450 | |
| Elder Ray (13): | 0.0091 | |
| Super Trend (3,10): | 0.0500 | |
| Zig ZAG (10): | 0.0614 | |
| VORTEX (21): | 0.9657 | |
| Stochastique (14,3,5): | 80.11 | |
| TEMA (21): | 0.0538 | |
| Williams %R (14): | -26.14 | |
| Chande Momentum Oscillator (20): | 0.0119 | |
| Repulse (5,40,3): | 2.1882 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0244 | |
| Courbe Coppock: | 17.84 |
| MA7: | 0.0490 | |
| MA20: | 0.0324 | |
| MA50: | 0.0327 | |
| MA100: | 0.0770 | |
| MAexp7: | 0.0553 | |
| MAexp20: | 0.0513 | |
| MAexp50: | 0.0471 | |
| MAexp100: | 0.0406 | |
| Price / MA7: | +24.69% | |
| Price / MA20: | +88.58% | |
| Price / MA50: | +86.85% | |
| Price / MA100: | -20.65% | |
| Price / MAexp7: | +10.49% | |
| Price / MAexp20: | +19.10% | |
| Price / MAexp50: | +29.72% | |
| Price / MAexp100: | +50.49% |
Quotes :
-
15 min delayed data
-
Euronext Paris
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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