2CRSI

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	AL2SI
ISIN:	FR0013341781

2CRSI - Daily - Technical analysis published on 07/12/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

17%

50%

33%

My opinion

Bearish under 3.648 EUR

My targets

3.029 EUR (-8.77%)

2.558 EUR (-22.94%)

My analysis

2CRSI is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 3.648 EUR. The next support located at 3.029 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 2.558 EUR. Below this support, sellers could then target 1.700 EUR. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.

Force

7.1

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.

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Additional analysis

Quotes

The 2CRSI rating is 3.320 EUR. On the day, this instrument gained +7.79% and was traded between 3.155 EUR and 3.460 EUR over the period. The price is currently at +5.23% from its lowest and -4.05% from its highest.

3.155

3.460

3.320

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

Here is a more detailed summary of the historical variations registered by 2CRSI:

Technical

A technical analysis in Daily of this 2CRSI chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

Technical indicators are slightly bearish. There is therefore considerable uncertainty about the continuation of the decline.
Caution: the Central Indicators scanner currently detects an excess:

MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

The analysis of the price chart with Central Patterns scanners does not return any result.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	1.700	3.029	3.320	3.860	4.366	4.766
Change (%)	-48.80%	-8.77%	-	+16.27%	+31.51%	+43.55%
Change	-1.620	-0.291	-	+0.540	+1.046	+1.446
Level	Minor	Major	-	Minor	Minor	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.828	2.937	3.008	3.117	3.188	3.297	3.368
Camarilla	3.031	3.047	3.064	3.080	3.097	3.113	3.130
Woodie	2.810	2.928	2.990	3.108	3.170	3.288	3.350
Fibonacci	2.937	3.005	3.048	3.117	3.185	3.228	3.297

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.533	2.712	2.983	3.162	3.433	3.612	3.883
Camarilla	3.131	3.173	3.214	3.255	3.296	3.338	3.379
Woodie	2.580	2.735	3.030	3.185	3.480	3.635	3.930
Fibonacci	2.712	2.884	2.990	3.162	3.334	3.440	3.612

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.832	2.558	2.922	3.648	4.012	4.738	5.102
Camarilla	2.985	3.085	3.185	3.285	3.385	3.485	3.585
Woodie	1.650	2.468	2.740	3.558	3.830	4.648	4.920
Fibonacci	2.558	2.975	3.232	3.648	4.065	4.322	4.738

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):	35.65
MACD (12,26,9):	-0.3050
Directional Movement:	-12.830
AROON (14):	-57.142
DEMA (21):	3.141
Parabolic SAR (0,02-0,02-0,2):	3.538
Elder Ray (13):	-0.055
Super Trend (3,10):	3.669
Zig ZAG (10):	3.200
VORTEX (21):	0.8550
Stochastique (14,3,5):	20.67
TEMA (21):	3.000
Williams %R (14):	-77.78
Chande Momentum Oscillator (20):	-1.000
Repulse (5,40,3):	-6.2300
ROCnROLL:	2
TRIX (15,9):	-0.9660
Courbe Coppock:	43.88

MA7:	3.159
MA20:	3.606
MA50:	4.116
MA100:	4.151
MAexp7:	3.236
MAexp20:	3.526
MAexp50:	3.913
MAexp100:	4.119
Price / MA7:	+5.10%
Price / MA20:	-7.93%
Price / MA50:	-19.34%
Price / MA100:	-20.02%
Price / MAexp7:	+2.60%
Price / MAexp20:	-5.84%
Price / MAexp50:	-15.15%
Price / MAexp100:	-19.40%

Quotes : - 15 min delayed data - Euronext Paris

News

The last news published on 2CRSI at the time of the generation of this analysis was as follows:

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

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