EEMS

- EUR (-)

- 15 min delayed data - Italy Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	EEMS
ISIN:	IT0005577868

EEMS - Daily - Technical analysis published on 12/11/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bullish

Technical indicators

56%

22%

My opinion

Bullish above 0.1891 EUR

My targets

0.2214 EUR (+7.65%)

0.2595 EUR (+26.15%)

My analysis

The short-term increase currently reinforces the basic trend, which is only slightly bullish. It would be possible for traders to only trade long positions (at the time of purchase) on EEMS as long as the price remains well above 0.1891 EUR. The buyers' bullish objective is set at 0.2214 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.2595 EUR. If there is any crossing, the next objective would be the resistance located at 0.2920 EUR.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.

Force

3.2

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 EEMS price is 0.2057 EUR. On the day, this instrument gained +21.14% and was traded between 0.1699 EUR and 0.2057 EUR over the period. The price is currently at +21.07% from its lowest and 0% from its highest.

0.1699

0.2057

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

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

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

New LOW record (5 years)

Type : Bearish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Abnormal volumes on EEMS were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 5 days

Technical

Technical analysis of EEMS in Daily shows an overall slightly bullish trend. 53.57% of the signals given by moving averages are bullish. The overall trend could accelerate as strong bullish signals from short-term moving averages are expected. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

On the 18 technical indicators analysed, 10 are bullish, 4 are neutral and 4 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : Daily

MACD indicator is back over 0

Type : Bullish

Timeframe : Daily

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

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

White marubozu

Type : Bullish

Timeframe : Daily

Long white line

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.1617	0.1891	0.2057	0.2595	0.2920	0.3531
Change (%)	-21.39%	-8.07%	-	+26.15%	+41.95%	+71.66%
Change	-0.0440	-0.0166	-	+0.0538	+0.0863	+0.1474
Level	Major	Major	-	Minor	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	0.1542	0.1574	0.1636	0.1668	0.1730	0.1762	0.1824
Camarilla	0.1672	0.1681	0.1689	0.1698	0.1707	0.1715	0.1724
Woodie	0.1557	0.1582	0.1651	0.1676	0.1745	0.1770	0.1839
Fibonacci	0.1574	0.1610	0.1632	0.1668	0.1704	0.1726	0.1762

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.1566	0.1615	0.1672	0.1721	0.1778	0.1827	0.1884
Camarilla	0.1701	0.1711	0.1720	0.1730	0.1740	0.1749	0.1759
Woodie	0.1571	0.1617	0.1677	0.1723	0.1783	0.1829	0.1889
Fibonacci	0.1615	0.1655	0.1680	0.1721	0.1761	0.1786	0.1827

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.1359	0.1530	0.1644	0.1815	0.1929	0.2100	0.2214
Camarilla	0.1681	0.1707	0.1733	0.1759	0.1785	0.1811	0.1837
Woodie	0.1332	0.1516	0.1617	0.1801	0.1902	0.2086	0.2187
Fibonacci	0.1530	0.1639	0.1706	0.1815	0.1924	0.1991	0.2100

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):	65.92
MACD (12,26,9):	-0.0007
Directional Movement:	17.2129
AROON (14):	-92.8571
DEMA (21):	0.1758
Parabolic SAR (0,02-0,02-0,2):	0.1606
Elder Ray (13):	0.0062
Super Trend (3,10):	0.1522
Zig ZAG (10):	0.1960
VORTEX (21):	0.9530
Stochastique (14,3,5):	47.82
TEMA (21):	0.1765
Williams %R (14):	0.00
Chande Momentum Oscillator (20):	0.0177
Repulse (5,40,3):	20.4816
ROCnROLL:	1
TRIX (15,9):	-0.1343
Courbe Coppock:	5.93

MA7:	0.1750
MA20:	0.1775
MA50:	0.1799
MA100:	0.1811
MAexp7:	0.1778
MAexp20:	0.1771
MAexp50:	0.1802
MAexp100:	0.1937
Price / MA7:	+17.54%
Price / MA20:	+15.89%
Price / MA50:	+14.34%
Price / MA100:	+13.58%
Price / MAexp7:	+15.69%
Price / MAexp20:	+16.15%
Price / MAexp50:	+14.15%
Price / MAexp100:	+6.20%

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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Londinia AI

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