CMB.TECH - 1H - Technical analysis published on 03/03/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
56%
17%
My opinion
Bearish under 9.489 EUR
My targets
8.572 EUR (-6.06%)
8.510 EUR (-6.74%)
My analysis
The bearish trend is currently very strong for CMB.TECH. As long as the price remains below the resistance at 9.489 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 8.572 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 8.510 EUR as an objective. Crossing it would then enable sellers to target 6.813 EUR. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
7
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CMB.TECH price is 9.125 EUR. The price registered an increase of +2.70% on the session and was traded between 8.885 EUR and 9.285 EUR over the period. The price is currently at +2.70% from its lowest and -1.72% from its highest.8.885
9.285
9.125
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of CMB.TECH indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 3 are neutral and 10 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near support of channel
Type : Bullish
Timeframe : 1 hour
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4.615 | 6.813 | 8.510 | 9.125 | 9.165 | 9.489 | 9.678 |
| Change (%) | -49.42% | -25.34% | -6.74% | - | +0.44% | +3.99% | +6.06% |
| Change | -4.510 | -2.312 | -0.615 | - | +0.040 | +0.364 | +0.553 |
| Level | Major | Major | Intermediate | - | Minor | Intermediate | 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 | 8.207 | 8.508 | 8.697 | 8.998 | 9.187 | 9.488 | 9.677 |
| Camarilla | 8.750 | 8.795 | 8.840 | 8.885 | 8.930 | 8.975 | 9.020 |
| Woodie | 8.150 | 8.480 | 8.640 | 8.970 | 9.130 | 9.460 | 9.620 |
| Fibonacci | 8.508 | 8.696 | 8.811 | 8.998 | 9.186 | 9.301 | 9.488 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.707 | 8.258 | 8.572 | 9.123 | 9.437 | 9.988 | 10.302 |
| Camarilla | 8.647 | 8.726 | 8.806 | 8.885 | 8.964 | 9.044 | 9.123 |
| Woodie | 7.588 | 8.199 | 8.453 | 9.064 | 9.318 | 9.929 | 10.183 |
| Fibonacci | 8.258 | 8.589 | 8.793 | 9.123 | 9.454 | 9.658 | 9.988 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.953 | 7.382 | 8.133 | 9.562 | 10.313 | 11.742 | 12.493 |
| Camarilla | 8.286 | 8.485 | 8.685 | 8.885 | 9.085 | 9.285 | 9.485 |
| Woodie | 5.615 | 7.213 | 7.795 | 9.393 | 9.975 | 11.573 | 12.155 |
| Fibonacci | 7.382 | 8.214 | 8.729 | 9.562 | 10.394 | 10.909 | 11.742 |
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): | 40.94 | |
| MACD (12,26,9): | -0.1080 | |
| Directional Movement: | -6.750 | |
| AROON (14): | -85.714 | |
| DEMA (21): | 9.010 | |
| Parabolic SAR (0,02-0,02-0,2): | 9.363 | |
| Elder Ray (13): | -0.137 | |
| Super Trend (3,10): | 9.263 | |
| Zig ZAG (10): | 9.000 | |
| VORTEX (21): | 0.7770 | |
| Stochastique (14,3,5): | 11.25 | |
| TEMA (21): | 8.954 | |
| Williams %R (14): | -75.80 | |
| Chande Momentum Oscillator (20): | -0.375 | |
| Repulse (5,40,3): | 0.4470 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1160 | |
| Courbe Coppock: | 7.40 |
| MA7: | 9.263 | |
| MA20: | 9.876 | |
| MA50: | 10.160 | |
| MA100: | 11.127 | |
| MAexp7: | 9.047 | |
| MAexp20: | 9.138 | |
| MAexp50: | 9.296 | |
| MAexp100: | 9.532 | |
| Price / MA7: | -1.49% | |
| Price / MA20: | -7.60% | |
| Price / MA50: | -10.19% | |
| Price / MA100: | -17.99% | |
| Price / MAexp7: | +0.86% | |
| Price / MAexp20: | -0.14% | |
| Price / MAexp50: | -1.84% | |
| Price / MAexp100: | -4.27% |
Quotes :
-
15 min delayed data
-
Euronext Bruxelles
News
Don't forget to follow the news on CMB.TECH. At the time of publication of this analysis, the latest news was as follows:
- CMB.TECH announces Q4 2024 results
- EURN Stock Alert: Halper Sadeh LLP Is Investigating Whether the Sale of Euronav NV Is Fair to Shareholders
- International Seaways Monetizes FSO Joint Venture With Sale to Euronav and Increases Quarterly Cash Dividend
- Euronav announces fourth quarter 2019 results
- Euronav announces second quarter and first half 2019 results
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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