KALRAY
KALRAY
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: ALKAL
ISIN: FR0010722819

KALRAY - 1H - Technical analysis published on 08/04/2022 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 19.88 EUR
My targets
21.30 EUR (+2.90%)
21.90 EUR (+5.80%)
My analysis
The bullish trend is currently very strong on KALRAY. As long as the price remains above the support at 19.88 EUR, you could try to benefit from the boom. The first bullish objective is located at 21.30 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 21.90 EUR as an objective. Crossing it would then enable buyers to target 22.80 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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
0
10
7.9

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:
Daily Weekly

Additional analysis

Quotes

The KALRAY rating is 20.70 EUR. The price registered an increase of +11.41% on the session with the lowest point at 18.58 EUR and the highest point at 20.70 EUR. The deviation from the price is +11.41% for the low point and 0% for the high point.

18.58
20.70
20.70

Here is a more detailed summary of the historical variations registered by KALRAY:

Technical


Technical analysis of KALRAY in 1H shows a strongly overall 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. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

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


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour



The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour


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 detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour


Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour


SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour


Near horizontal support

Type : Bullish

Timeframe : 1 hour


Near support of triangle

Type : Bullish

Timeframe : 1 hour



The presence of these bullish Japanese candlestick patterns detected by Central Candlesticks that could cause a very short term rebound were also noted:

Central Candlesticks

White marubozu

Type : Bullish

Timeframe : 1 hour


Long white line

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 17.48 18.55 19.88 20.70 21.30 21.90 22.80
Change (%) -15.56% -10.39% -3.96% - +2.90% +5.80% +10.14%
Change -3.22 -2.15 -0.82 - +0.60 +1.20 +2.10
Level Major Minor Intermediate - Intermediate Intermediate Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard18.1618.3018.4418.5818.7218.8619.00
Camarilla18.5018.5318.5518.5818.6118.6318.66
Woodie18.1618.3018.4418.5818.7218.8619.00
Fibonacci18.3018.4118.4718.5818.6918.7518.86


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard14.0315.3917.1718.5320.3121.6723.45
Camarilla18.1018.3818.6718.9619.2519.5419.82
Woodie14.2515.5017.3918.6420.5321.7823.67
Fibonacci15.3916.5917.3318.5319.7320.4721.67


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard11.2713.9916.4719.1921.6724.3926.87
Camarilla17.5318.0118.4818.9619.4419.9120.39
Woodie11.1613.9316.3619.1321.5624.3326.76
Fibonacci13.9915.9717.2019.1921.1722.4024.39

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): 77.22
MACD (12,26,9): 0.1200
Directional Movement: 35.22
AROON (14): 21.43
DEMA (21): 18.98
Parabolic SAR (0,02-0,02-0,2): 17.82
Elder Ray (13): 0.56
Super Trend (3,10): 18.44
Zig ZAG (10): 20.30
VORTEX (21): 0.8500
Stochastique (14,3,5): 54.17
TEMA (21): 18.92
Williams %R (14): 0.00
Chande Momentum Oscillator (20): 1.70
Repulse (5,40,3): 11.2100
ROCnROLL: 1
TRIX (15,9): 0.0400
Courbe Coppock: 0.30
MA7: 18.77
MA20: 18.37
MA50: 19.50
MA100: 23.29
MAexp7: 19.02
MAexp20: 18.82
MAexp50: 18.52
MAexp100: 18.25
Price / MA7: +10.28%
Price / MA20: +12.68%
Price / MA50: +6.15%
Price / MA100: -11.12%
Price / MAexp7: +8.83%
Price / MAexp20: +9.99%
Price / MAexp50: +11.77%
Price / MAexp100: +13.42%

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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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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