ORDISSIMO - Daily - Technical analysis published on 08/19/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
44%
22%
33%
My opinion
Bullish above 0.698 EUR
My targets
0.803 EUR (+10.56%)
0.855 EUR (+17.77%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ORDISSIMO as long as the price remains well above 0.698 EUR. The buyers' bullish objective is set at 0.803 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.855 EUR. If there is any crossing, the next objective would be the resistance located at 1.360 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
6.8
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This analysis was given by pierrott. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ORDISSIMO rating 0.726 EUR. The price registered a decrease of -6.20% on the session and was traded between 0.726 EUR and 0.774 EUR over the period. The price is currently at 0% from its lowest and -6.20% from its highest.0.726
0.774
0.726
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this Daily chart of ORDISSIMO indicates that the overall trend is strongly bullish. 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 does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of channel
Type : Bullish
Timeframe : Daily
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 | 0.444 | 0.526 | 0.698 | 0.726 | 0.855 | 1.360 | 1.790 |
Change (%) | -38.84% | -27.55% | -3.86% | - | +17.77% | +87.33% | +146.56% |
Change | -0.282 | -0.200 | -0.028 | - | +0.129 | +0.634 | +1.064 |
Level | Minor | Intermediate | Major | - | Minor | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.684 | 0.702 | 0.738 | 0.756 | 0.792 | 0.810 | 0.846 |
Camarilla | 0.759 | 0.764 | 0.769 | 0.774 | 0.779 | 0.784 | 0.789 |
Woodie | 0.693 | 0.707 | 0.747 | 0.761 | 0.801 | 0.815 | 0.855 |
Fibonacci | 0.702 | 0.723 | 0.735 | 0.756 | 0.777 | 0.789 | 0.810 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.623 | 0.671 | 0.723 | 0.771 | 0.823 | 0.871 | 0.923 |
Camarilla | 0.747 | 0.756 | 0.765 | 0.774 | 0.783 | 0.792 | 0.802 |
Woodie | 0.624 | 0.672 | 0.724 | 0.772 | 0.824 | 0.872 | 0.924 |
Fibonacci | 0.671 | 0.710 | 0.733 | 0.771 | 0.810 | 0.833 | 0.871 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.364 | 0.429 | 0.551 | 0.616 | 0.738 | 0.803 | 0.925 |
Camarilla | 0.623 | 0.640 | 0.657 | 0.674 | 0.691 | 0.708 | 0.725 |
Woodie | 0.394 | 0.443 | 0.581 | 0.630 | 0.768 | 0.817 | 0.955 |
Fibonacci | 0.429 | 0.500 | 0.544 | 0.616 | 0.687 | 0.731 | 0.803 |
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): | 54.64 | |
MACD (12,26,9): | 0.0390 | |
Directional Movement: | -1.185 | |
AROON (14): | 71.429 | |
DEMA (21): | 0.763 | |
Parabolic SAR (0,02-0,02-0,2): | 0.818 | |
Elder Ray (13): | 0.017 | |
Super Trend (3,10): | 0.636 | |
Zig ZAG (10): | 0.726 | |
VORTEX (21): | 1.1890 | |
Stochastique (14,3,5): | 63.46 | |
TEMA (21): | 0.779 | |
Williams %R (14): | -45.19 | |
Chande Momentum Oscillator (20): | 0.052 | |
Repulse (5,40,3): | -5.7230 | |
ROCnROLL: | -1 | |
TRIX (15,9): | 0.8940 | |
Courbe Coppock: | 31.61 |
MA7: | 0.762 | |
MA20: | 0.710 | |
MA50: | 0.636 | |
MA100: | 0.593 | |
MAexp7: | 0.748 | |
MAexp20: | 0.713 | |
MAexp50: | 0.658 | |
MAexp100: | 0.621 | |
Price / MA7: | -4.72% | |
Price / MA20: | +2.25% | |
Price / MA50: | +14.15% | |
Price / MA100: | +22.43% | |
Price / MAexp7: | -2.94% | |
Price / MAexp20: | +1.82% | |
Price / MAexp50: | +10.33% | |
Price / MAexp100: | +16.91% |
Quotes :
-
15 min delayed data
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Euronext Paris
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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