FERMENTALG
FERMENTALG
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: ALGAE
ISIN: FR0011271600

FERMENTALG - 1H - Technical analysis published on 10/04/2024 (GMT)

  • 101
  • 0
  • Timeframe : 1H
  • - Analysis generated on
  • Status : NEUTRAL

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Neutral
Underlying: Slightly bullish
Technical indicators
22%
33%
44%
My opinion
Neutral between 0.3942 EUR and 0.4131 EUR
My targets
-
My analysis
A slightly bullish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 0.4131 EUR. The first support is located at 0.3942 EUR. A very slight advantage is given by the slightly bullish basic trend so that the resistance is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below.

In the very short term, the neutral opinion of this analysis is confirmed by technical indicators which are also neutral.

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:
Daily Weekly

Additional analysis

Quotes

The FERMENTALG rating is 0.4060 EUR. The price registered an increase of +0.00% on the session and was traded between 0.4030 EUR and 0.4365 EUR over the period. The price is currently at +0.74% from its lowest and -6.99% from its highest.

0.4030
0.4365
0.4060

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.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of FERMENTALG indicates that the overall trend is slightly bullish. 53.57% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the slightly bullish trend could return to neutral. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour



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:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour


MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour


Ichimoku : price is under the cloud

Type : Bearish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Near resistance of triangle

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.3780 0.3850 0.3942 0.4060 0.4131 0.4196 0.4357
Change (%) -6.90% -5.17% -2.91% - +1.75% +3.35% +7.32%
Change -0.0280 -0.0210 -0.0118 - +0.0071 +0.0136 +0.0297
Level Minor Intermediate Major - Minor Minor Major



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
Standard0.36030.38170.39380.41520.42730.44870.4608
Camarilla0.39680.39990.40290.40600.40910.41210.4152
Woodie0.35580.37940.38930.41290.42280.44640.4563
Fibonacci0.38170.39450.40240.41520.42800.43590.4487


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.33030.35770.38180.40920.43330.46070.4848
Camarilla0.39180.39660.40130.40600.41070.41540.4202
Woodie0.32880.35690.38030.40840.43180.45990.4833
Fibonacci0.35770.37730.38950.40920.42880.44100.4607


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.28280.32670.36930.41320.45580.49970.5423
Camarilla0.38820.39610.40410.41200.41990.42790.4358
Woodie0.28230.32640.36880.41290.45530.49940.5418
Fibonacci0.32670.35970.38010.41320.44620.46660.4997

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): 48.21
MACD (12,26,9): 0.0028
Directional Movement: 0.3863
AROON (14): 35.7142
DEMA (21): 0.4129
Parabolic SAR (0,02-0,02-0,2): 0.4359
Elder Ray (13): -0.0049
Super Trend (3,10): 0.4015
Zig ZAG (10): 0.4060
VORTEX (21): 0.9767
Stochastique (14,3,5): 31.20
TEMA (21): 0.4148
Williams %R (14): -78.21
Chande Momentum Oscillator (20): 0.0050
Repulse (5,40,3): -1.5069
ROCnROLL: -1
TRIX (15,9): 0.1074
Courbe Coppock: 6.61
MA7: 0.4057
MA20: 0.4060
MA50: 0.4198
MA100: 0.4525
MAexp7: 0.4115
MAexp20: 0.4093
MAexp50: 0.4060
MAexp100: 0.4059
Price / MA7: +0.07%
Price / MA20: -0%
Price / MA50: -3.29%
Price / MA100: -10.28%
Price / MAexp7: -1.34%
Price / MAexp20: -0.81%
Price / MAexp50: -0%
Price / MAexp100: +0.02%

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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