ATEME

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	ATEME
ISIN:	FR0011992700

ATEME - Daily - Technical analysis published on 02/19/2024 (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

39%

50%

11%

My opinion

Bearish under 5.33 EUR

My targets

4.40 EUR (-3.93%)

3.58 EUR (-21.90%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on ATEME as long as the price remains well below 5.33 EUR. The sellers' bearish objective is set at 4.40 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 3.58 EUR. In case of crossing, the next objective would be the support located at 2.85 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

6.4

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

ATEME rating 4.58 EUR. On the day, this instrument gained +4.33% and was between 4.50 EUR and 4.59 EUR. This implies that the price is at +1.78% from its lowest and at -0.22% from its highest.

4.50

4.59

4.58

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 Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of this Daily chart of ATEME indicates that the overall trend is strongly bearish. 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. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

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:

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

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

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Upside gap

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	2.85	4.40	4.58	6.38	7.07	8.25
Change (%)	-37.77%	-3.93%	-	+39.30%	+54.37%	+80.13%
Change	-1.73	-0.18	-	+1.80	+2.49	+3.67
Level	Intermediate	Minor	-	Intermediate	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	4.21	4.25	4.32	4.36	4.43	4.47	4.54
Camarilla	4.36	4.37	4.38	4.39	4.40	4.41	4.42
Woodie	4.23	4.26	4.34	4.37	4.45	4.48	4.56
Fibonacci	4.25	4.29	4.32	4.36	4.40	4.43	4.47

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3.58	3.82	4.11	4.35	4.64	4.88	5.17
Camarilla	4.24	4.29	4.34	4.39	4.44	4.49	4.54
Woodie	3.60	3.83	4.13	4.36	4.66	4.89	5.19
Fibonacci	3.82	4.03	4.15	4.35	4.56	4.68	4.88

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	5.33	5.81	6.11	6.59	6.89	7.37	7.67
Camarilla	6.19	6.26	6.33	6.40	6.47	6.54	6.62
Woodie	5.23	5.77	6.01	6.55	6.79	7.33	7.57
Fibonacci	5.81	6.11	6.30	6.59	6.89	7.08	7.37

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):	28.79
MACD (12,26,9):	-0.6400
Directional Movement:	-31.16
AROON (14):	-78.57
DEMA (21):	4.41
Parabolic SAR (0,02-0,02-0,2):	4.07
Elder Ray (13):	-0.31
Super Trend (3,10):	5.15
Zig ZAG (10):	4.58
VORTEX (21):	0.5900
Stochastique (14,3,5):	14.30
TEMA (21):	4.03
Williams %R (14):	-79.01
Chande Momentum Oscillator (20):	-1.68
Repulse (5,40,3):	1.4700
ROCnROLL:	2
TRIX (15,9):	-1.2600
Courbe Coppock:	66.40

MA7:	4.32
MA20:	5.46
MA50:	6.22
MA100:	6.70
MAexp7:	4.51
MAexp20:	5.20
MAexp50:	5.99
MAexp100:	6.66
Price / MA7:	+6.02%
Price / MA20:	-16.12%
Price / MA50:	-26.37%
Price / MA100:	-31.64%
Price / MAexp7:	+1.55%
Price / MAexp20:	-11.92%
Price / MAexp50:	-23.54%
Price / MAexp100:	-31.23%

Quotes : - 15 min delayed data - Euronext Paris

News

The last news published on ATEME 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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