FERMENTALG - 1H - Technical analysis published on 03/28/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
61%
22%
17%
My opinion
Bullish above 0.672 EUR
My targets
0.700 EUR (+3.24%)
0.749 EUR (+10.47%)
My analysis
The bullish trend is currently very strong on FERMENTALG. As long as the price remains above the support at 0.672 EUR, you could try to benefit from the boom. The first bullish objective is located at 0.700 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.749 EUR as an objective. Crossing it would then enable buyers to target 0.925 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.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
7.3
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This analysis was given by pierrott. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
FERMENTALG rating 0.678 EUR. The price has increased by +0.44% since the last closing and was traded between 0.674 EUR and 0.731 EUR over the period. The price is currently at +0.59% from its lowest and -7.25% from its highest.0.674
0.731
0.678
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of FERMENTALG indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
Near horizontal support
Type : Bullish
Timeframe : 1 hour
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 | 0.564 | 0.605 | 0.672 | 0.678 | 0.700 | 0.749 | 0.925 |
| Change (%) | -16.81% | -10.77% | -0.88% | - | +3.24% | +10.47% | +36.43% |
| Change | -0.114 | -0.073 | -0.006 | - | +0.022 | +0.071 | +0.247 |
| Level | Minor | Major | Intermediate | - | Intermediate | Minor | Intermediate |
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 | 0.595 | 0.611 | 0.643 | 0.659 | 0.691 | 0.707 | 0.739 |
| Camarilla | 0.662 | 0.666 | 0.671 | 0.675 | 0.679 | 0.684 | 0.688 |
| Woodie | 0.603 | 0.615 | 0.651 | 0.663 | 0.699 | 0.711 | 0.747 |
| Fibonacci | 0.611 | 0.629 | 0.641 | 0.659 | 0.677 | 0.689 | 0.707 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.517 | 0.555 | 0.600 | 0.638 | 0.683 | 0.721 | 0.766 |
| Camarilla | 0.622 | 0.630 | 0.637 | 0.645 | 0.653 | 0.660 | 0.668 |
| Woodie | 0.521 | 0.557 | 0.604 | 0.640 | 0.687 | 0.723 | 0.770 |
| Fibonacci | 0.555 | 0.587 | 0.606 | 0.638 | 0.670 | 0.689 | 0.721 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.123 | 0.179 | 0.387 | 0.689 | 0.897 | 1.199 | 1.407 |
| Camarilla | 0.456 | 0.503 | 0.549 | 0.596 | 0.643 | 0.690 | 0.736 |
| Woodie | -0.169 | 0.156 | 0.341 | 0.666 | 0.851 | 1.176 | 1.361 |
| Fibonacci | 0.179 | 0.374 | 0.494 | 0.689 | 0.884 | 1.004 | 1.199 |
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): | 56.28 | |
| MACD (12,26,9): | 0.0150 | |
| Directional Movement: | 16.501 | |
| AROON (14): | 78.571 | |
| DEMA (21): | 0.683 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.731 | |
| Elder Ray (13): | 0.010 | |
| Super Trend (3,10): | 0.654 | |
| Zig ZAG (10): | 0.678 | |
| VORTEX (21): | 1.1350 | |
| Stochastique (14,3,5): | 58.97 | |
| TEMA (21): | 0.694 | |
| Williams %R (14): | -50.96 | |
| Chande Momentum Oscillator (20): | 0.023 | |
| Repulse (5,40,3): | -4.5380 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2490 | |
| Courbe Coppock: | 14.63 |
| MA7: | 0.648 | |
| MA20: | 0.603 | |
| MA50: | 0.637 | |
| MA100: | 0.455 | |
| MAexp7: | 0.684 | |
| MAexp20: | 0.666 | |
| MAexp50: | 0.649 | |
| MAexp100: | 0.634 | |
| Price / MA7: | +4.63% | |
| Price / MA20: | +12.44% | |
| Price / MA50: | +6.44% | |
| Price / MA100: | +49.01% | |
| Price / MAexp7: | -0.88% | |
| Price / MAexp20: | +1.80% | |
| Price / MAexp50: | +4.47% | |
| Price / MAexp100: | +6.94% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The last news published on FERMENTALG at the time of the generation of this analysis was as follows:
- The Shareholders' Meeting approves the proposed transfer of the listing of Fermentalg shares on the Euronext Growth Paris market
- After EUR4m in sales in 2023, Fermentalg kicks off 2024 with over EUR9m in contracts and orders
- 2024 Financial Agenda
- New strategic plan 2024 - 2026 and major industrial partnership // Acceleration towards a profitable sustainable growth model
- H1 2023 Sales / New strategic plan in Fall
This member declared not having a position on this financial instrument or a related financial instrument.
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