VERGNET

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	ALVER
ISIN:	FR001400JXA2

VERGNET - Daily - Technical analysis published on 10/03/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

22%

44%

33%

My opinion

Bearish under 0.0346 EUR

My targets

0.0257 EUR (-7.66%)

0.0218 EUR (-21.69%)

My analysis

Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.0346 EUR remains possible. It is advisable to trade VERGNET with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.0346 EUR. The next bearish objective for sellers is set at 0.0257 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.0218 EUR. In case of crossing, the next objective would be the support located at 0.0051 EUR. PS: if there is a bullish break in the resistance located at 0.0346 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

4.6

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 pierrott. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

VERGNET rating 0.0278 EUR. On the day, this instrument gained +39.00% with the lowest point at 0.0220 EUR and the highest point at 0.0329 EUR. The deviation from the price is +26.36% for the low point and -15.50% for the high point.

0.0220

0.0329

0.0278

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Opening Gap UP

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 result:

New LOW record (5 years)

Type : Bearish

Timeframe : Weekly

Abnormal volumes on VERGNET were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

A technical analysis in Daily of this VERGNET chart shows a bearish trend. 78.57% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

On the 18 technical indicators analysed, 4 are bullish, 6 are neutral and 8 are bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 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 2

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : Daily

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

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

ProTrendLines

Price

	Price	R1	R2	R3
ProTrendLines	0.0278	0.6301	1.3500	2.1995
Change (%)	-	+2,166.55%	+4,756.12%	+7,811.87%
Change	-	+0.6023	+1.3222	+2.1717
Level	-	Minor	Minor	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.0196	0.0197	0.0199	0.0200	0.0202	0.0203	0.0205
Camarilla	0.0199	0.0200	0.0200	0.0200	0.0200	0.0201	0.0201
Woodie	0.0196	0.0197	0.0199	0.0200	0.0202	0.0203	0.0205
Fibonacci	0.0197	0.0199	0.0199	0.0200	0.0202	0.0202	0.0203

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.0156	0.0179	0.0195	0.0218	0.0234	0.0257	0.0273
Camarilla	0.0201	0.0205	0.0208	0.0212	0.0216	0.0219	0.0223
Woodie	0.0154	0.0177	0.0193	0.0216	0.0232	0.0255	0.0271
Fibonacci	0.0179	0.0194	0.0203	0.0218	0.0233	0.0242	0.0257

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.0395	-0.0100	0.0051	0.0346	0.0497	0.0792	0.0943
Camarilla	0.0080	0.0121	0.0162	0.0203	0.0244	0.0285	0.0326
Woodie	-0.0466	-0.0136	-0.0020	0.0310	0.0426	0.0756	0.0872
Fibonacci	-0.0100	0.0070	0.0175	0.0346	0.0516	0.0621	0.0792

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):	20.33
MACD (12,26,9):	-0.0080
Directional Movement:	3.6474
AROON (14):	-85.7143
DEMA (21):	0.0147
Parabolic SAR (0,02-0,02-0,2):	0.0370
Elder Ray (13):	-0.0027
Super Trend (3,10):	0.0308
Zig ZAG (10):	0.0200
VORTEX (21):	0.8013
Stochastique (14,3,5):	6.81
TEMA (21):	0.0182
Williams %R (14):	-93.26
Chande Momentum Oscillator (20):	-0.0044
Repulse (5,40,3):	-8.7784
ROCnROLL:	2
TRIX (15,9):	-3.2757
Courbe Coppock:	44.72

MA7:	0.0207
MA20:	0.0235
MA50:	0.0466
MA100:	0.0996
MAexp7:	0.0208
MAexp20:	0.0264
MAexp50:	0.0537
MAexp100:	0.1413
Price / MA7:	+34.30%
Price / MA20:	+18.30%
Price / MA50:	-40.34%
Price / MA100:	-72.09%
Price / MAexp7:	+33.65%
Price / MAexp20:	+5.30%
Price / MAexp50:	-48.23%
Price / MAexp100:	-80.33%

Quotes : - 15 min delayed data - Euronext Paris

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

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