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 10/24/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

17%

My opinion

Bullish above 26.89 EUR

My targets

27.89 EUR (+0.94%)

28.40 EUR (+2.79%)

My analysis

The bullish trend is currently very strong on AMPLIFON. As long as the price remains above the support at 26.89 EUR, you could try to benefit from the boom. The first bullish objective is located at 27.89 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 28.40 EUR as an objective. Crossing it would then enable buyers to target 29.42 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

8.4

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.

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

Additional analysis

Quotes

AMPLIFON rating 27.63 EUR. On the day, this instrument gained +1.25% with the lowest point at 27.30 EUR and the highest point at 27.67 EUR. The deviation from the price is +1.21% for the low point and -0.14% for the high point.

27.30

27.67

27.63

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

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of AMPLIFON indicates that the overall trend is strongly bullish. 89.29% 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 detects bullish signals on moving averages that could impact this trend:

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

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

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Bullish harami cross

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	26.43	26.89	27.54	27.63	27.89	28.40	29.42
Change (%)	-4.34%	-2.68%	-0.33%	-	+0.94%	+2.79%	+6.48%
Change	-1.20	-0.74	-0.09	-	+0.26	+0.77	+1.79
Level	Intermediate	Intermediate	Major	-	Minor	Intermediate	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
Standard	26.84	27.05	27.17	27.38	27.50	27.71	27.83
Camarilla	27.20	27.23	27.26	27.29	27.32	27.35	27.38
Woodie	26.80	27.03	27.13	27.36	27.46	27.69	27.79
Fibonacci	27.05	27.18	27.25	27.38	27.51	27.58	27.71

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	24.71	25.57	26.67	27.53	28.63	29.49	30.59
Camarilla	27.22	27.40	27.58	27.76	27.94	28.12	28.30
Woodie	24.82	25.63	26.78	27.59	28.74	29.55	30.70
Fibonacci	25.57	26.32	26.79	27.53	28.28	28.75	29.49

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	21.23	23.48	24.65	26.90	28.07	30.32	31.49
Camarilla	24.87	25.18	25.50	25.81	26.12	26.44	26.75
Woodie	20.68	23.21	24.10	26.63	27.52	30.05	30.94
Fibonacci	23.48	24.79	25.60	26.90	28.21	29.02	30.32

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):	53.20
MACD (12,26,9):	0.0000
Directional Movement:	8.72
AROON (14):	85.71
DEMA (21):	27.49
Parabolic SAR (0,02-0,02-0,2):	27.32
Elder Ray (13):	0.08
Super Trend (3,10):	27.82
Zig ZAG (10):	27.58
VORTEX (21):	1.0100
Stochastique (14,3,5):	84.55
TEMA (21):	27.51
Williams %R (14):	-21.95
Chande Momentum Oscillator (20):	0.11
Repulse (5,40,3):	0.2000
ROCnROLL:	1
TRIX (15,9):	-0.0200
Courbe Coppock:	0.71

MA7:	27.54
MA20:	26.94
MA50:	27.55
MA100:	29.40
MAexp7:	27.54
MAexp20:	27.50
MAexp50:	27.49
MAexp100:	27.34
Price / MA7:	+0.33%
Price / MA20:	+2.56%
Price / MA50:	+0.29%
Price / MA100:	-6.02%
Price / MAexp7:	+0.33%
Price / MAexp20:	+0.47%
Price / MAexp50:	+0.51%
Price / MAexp100:	+1.06%

Quotes : - 15 min delayed data - Italy Stocks

News

The last news published on AMPLIFON 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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