2CRSI

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	AL2SI
ISIN:	FR0013341781

2CRSI - Weekly - Technical analysis published on 05/03/2024 (GMT)

Londinia

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Timeframe : Weekly
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

44%

17%

39%

My opinion

Bullish above 3.553 EUR

My targets

4.624 EUR (+13.06%)

5.080 EUR (+24.21%)

My analysis

2CRSI 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 3.553 EUR. The next resistance located at 4.624 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 5.080 EUR. After this resistance, buyers could then target 6.548 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

6.6

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

The 2CRSI price is 4.090 EUR. Over 5 days, this instrument gained +12.67% and was traded between 3.465 EUR and 4.145 EUR over the period. The price is currently at +18.04% from its lowest point and -1.33% from its highest point.

3.465

4.145

4.090

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

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 for higher/lower results shows an item:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Weekly of this 2CRSI chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from 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 bullish. There is therefore considerable uncertainty about the continuation of the increase.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Weekly

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.965	2.685	3.553	4.090	4.624	5.080	6.548
Change (%)	-51.96%	-34.35%	-13.13%	-	+13.06%	+24.21%	+60.10%
Change	-2.125	-1.405	-0.537	-	+0.534	+0.990	+2.458
Level	Intermediate	Intermediate	Major	-	Major	Intermediate	Intermediate

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3.285	3.375	3.460	3.550	3.635	3.725	3.810
Camarilla	3.497	3.513	3.529	3.545	3.561	3.577	3.593
Woodie	3.283	3.374	3.458	3.549	3.633	3.724	3.808
Fibonacci	3.375	3.442	3.483	3.550	3.617	3.658	3.725

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.807	3.053	3.342	3.588	3.877	4.123	4.412
Camarilla	3.483	3.532	3.581	3.630	3.679	3.728	3.777
Woodie	2.828	3.064	3.363	3.599	3.898	4.134	4.433
Fibonacci	3.053	3.258	3.384	3.588	3.793	3.919	4.123

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.247	2.773	3.207	3.733	4.167	4.693	5.127
Camarilla	3.376	3.464	3.552	3.640	3.728	3.816	3.904
Woodie	2.200	2.750	3.160	3.710	4.120	4.670	5.080
Fibonacci	2.773	3.140	3.367	3.733	4.100	4.327	4.693

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):	60.16
MACD (12,26,9):	0.5340
Directional Movement:	13.481
AROON (14):	28.571
DEMA (21):	4.169
Parabolic SAR (0,02-0,02-0,2):	4.838
Elder Ray (13):	0.082
Super Trend (3,10):	2.590
Zig ZAG (10):	4.090
VORTEX (21):	1.1110
Stochastique (14,3,5):	54.69
TEMA (21):	4.383
Williams %R (14):	-41.96
Chande Momentum Oscillator (20):	-0.050
Repulse (5,40,3):	14.3580
ROCnROLL:	1
TRIX (15,9):	3.9220
Courbe Coppock:	159.17

MA7:	3.698
MA20:	3.712
MA50:	4.017
MA100:	3.327
MAexp7:	3.873
MAexp20:	3.440
MAexp50:	2.771
MAexp100:	2.730
Price / MA7:	+10.60%
Price / MA20:	+10.18%
Price / MA50:	+1.82%
Price / MA100:	+22.93%
Price / MAexp7:	+5.60%
Price / MAexp20:	+18.90%
Price / MAexp50:	+47.60%
Price / MAexp100:	+49.82%

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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