MCPHY ENERGY

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	ALMCP
ISIN:	FR0011742329

MCPHY ENERGY - 1H - Technical analysis published on 05/06/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

11%

My opinion

Bullish above 2.380 EUR

My targets

2.637 EUR (+6.77%)

2.895 EUR (+17.19%)

My analysis

MCPHY ENERGY 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 2.380 EUR. The next resistance located at 2.637 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 2.895 EUR. After this resistance, buyers could then target 3.450 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, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.9

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

The MCPHY ENERGY price is 2.470 EUR. On the day, this instrument gained +9.29% with the lowest point at 2.280 EUR and the highest point at 2.480 EUR. The deviation from the price is +8.33% for the low point and -0.40% for the high point.

2.280

2.480

2.470

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by MCPHY ENERGY:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of MCPHY ENERGY in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

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

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2.165	2.246	2.380	2.470	3.450	5.160	6.223
Change (%)	-12.35%	-9.07%	-3.64%	-	+39.68%	+108.91%	+151.94%
Change	-0.305	-0.224	-0.090	-	+0.980	+2.690	+3.753
Level	Minor	Intermediate	Major	-	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	1.925	2.040	2.150	2.265	2.375	2.490	2.600
Camarilla	2.198	2.219	2.239	2.260	2.281	2.301	2.322
Woodie	1.923	2.039	2.148	2.264	2.373	2.489	2.598
Fibonacci	2.040	2.126	2.179	2.265	2.351	2.404	2.490

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.557	1.745	2.003	2.191	2.449	2.637	2.895
Camarilla	2.137	2.178	2.219	2.260	2.301	2.342	2.383
Woodie	1.591	1.763	2.037	2.209	2.483	2.655	2.929
Fibonacci	1.745	1.916	2.021	2.191	2.362	2.467	2.637

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.270	1.540	1.810	2.080	2.350	2.620	2.890
Camarilla	1.932	1.981	2.031	2.080	2.130	2.179	2.229
Woodie	1.270	1.540	1.810	2.080	2.350	2.620	2.890
Fibonacci	1.540	1.746	1.874	2.080	2.286	2.414	2.620

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):	70.18
MACD (12,26,9):	0.0800
Directional Movement:	33.214
AROON (14):	78.571
DEMA (21):	2.380
Parabolic SAR (0,02-0,02-0,2):	2.302
Elder Ray (13):	0.147
Super Trend (3,10):	2.279
Zig ZAG (10):	2.470
VORTEX (21):	1.1960
Stochastique (14,3,5):	94.36
TEMA (21):	2.410
Williams %R (14):	0.00
Chande Momentum Oscillator (20):	0.315
Repulse (5,40,3):	4.1210
ROCnROLL:	1
TRIX (15,9):	0.4270
Courbe Coppock:	13.48

MA7:	2.135
MA20:	1.992
MA50:	1.929
MA100:	2.431
MAexp7:	2.377
MAexp20:	2.260
MAexp50:	2.149
MAexp100:	2.057
Price / MA7:	+15.69%
Price / MA20:	+24.00%
Price / MA50:	+28.05%
Price / MA100:	+1.60%
Price / MAexp7:	+3.91%
Price / MAexp20:	+9.29%
Price / MAexp50:	+14.94%
Price / MAexp100:	+20.08%

Quotes : - 15 min delayed data - Euronext Paris

News

The last news published on MCPHY ENERGY 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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