AMPLIFON
AMPLIFON
- EUR (-)
- 15 min delayed data - Italy Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: AMP
ISIN: IT0004056880

AMPLIFON - 1H - Technical analysis published on 09/12/2023 (GMT)

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

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Summary of the analysis

Trends
Short term: Neutral
Underlying: Bearish
Technical indicators
50%
11%
39%
My opinion
Bearish under 29.65 EUR
My targets
28.68 EUR (-1.48%)
27.73 EUR (-4.74%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 29.65 EUR remains possible. It is advisable to trade AMPLIFON with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 29.65 EUR. The next bearish objective for sellers is set at 28.68 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 27.73 EUR. In case of crossing, the next objective would be the support located at 26.42 EUR. PS: if there is a bullish break in the resistance located at 29.65 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
1.3

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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The AMPLIFON rating is 29.11 EUR. The price has increased by +0.76% since the last closing with the lowest point at 28.84 EUR and the highest point at 29.13 EUR. The deviation from the price is +0.94% for the low point and -0.07% for the high point.

28.84
29.13
29.11

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of AMPLIFON indicates that the overall trend is bearish. 71.43% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. An assessment of moving averages reveals a bullish signal that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour



In fact, only 9 technical indicators out of 18 studied are currently bullish. Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


Aroon indicator bearish trend

Type : Bearish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour



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

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 27.73 28.68 29.09 29.11 29.65 30.28 30.55
Change (%) -4.74% -1.48% -0.07% - +1.86% +4.02% +4.95%
Change -1.38 -0.43 -0.02 - +0.54 +1.17 +1.44
Level Minor Intermediate Minor - Major Minor Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard28.1928.4628.6728.9429.1529.4229.63
Camarilla28.7628.8028.8528.8928.9328.9829.02
Woodie28.1728.4528.6528.9329.1329.4129.61
Fibonacci28.4628.6428.7528.9429.1229.2329.42


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard27.3527.9828.5229.1529.6930.3230.86
Camarilla28.7328.8428.9429.0529.1629.2729.37
Woodie27.3027.9628.4729.1329.6430.3030.81
Fibonacci27.9828.4328.7129.1529.6029.8830.32


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard27.2828.1929.1130.0230.9431.8532.77
Camarilla29.5429.7129.8730.0430.2130.3830.54
Woodie27.3028.1929.1330.0230.9631.8532.79
Fibonacci28.1928.8929.3230.0230.7231.1531.85

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 51.08
MACD (12,26,9): -0.0700
Directional Movement: 4.99
AROON (14): -50.00
DEMA (21): 28.84
Parabolic SAR (0,02-0,02-0,2): 29.15
Elder Ray (13): 0.06
Super Trend (3,10): 29.32
Zig ZAG (10): 29.02
VORTEX (21): 0.9800
Stochastique (14,3,5): 51.36
TEMA (21): 28.89
Williams %R (14): -33.33
Chande Momentum Oscillator (20): 0.02
Repulse (5,40,3): 0.4300
ROCnROLL: -1
TRIX (15,9): -0.0500
Courbe Coppock: 0.21
MA7: 29.14
MA20: 29.64
MA50: 30.42
MA100: 32.19
MAexp7: 28.93
MAexp20: 28.96
MAexp50: 29.18
MAexp100: 29.45
Price / MA7: -0.10%
Price / MA20: -1.79%
Price / MA50: -4.31%
Price / MA100: -9.57%
Price / MAexp7: +0.62%
Price / MAexp20: +0.52%
Price / MAexp50: -0.24%
Price / MAexp100: -1.15%

Quotes : - 15 min delayed data - Italy Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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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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