Londinia Opportunities Analyses - 05/03/2024 (GMT) EXPERT.AI - 1H

EXPERT.AI
- EUR (-)
- 15 min delayed data - Italy Stocks
Type: Stocks
Ticker: EXAI
ISIN: IT0004496029

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
  • Europe Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
11%
78%
11%
My opinion
Bearish under 1.387 EUR
My targets
1.302 EUR (-3.27%)
1.279 EUR (-5.00%)
My analysis
EXPERT.AI is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 1.387 EUR. The next support located at 1.302 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 1.279 EUR. Below this support, sellers could then target 1.140 EUR. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
8.2

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.

Additional analysis

Quotes

The EXPERT.AI rating is 1.346 EUR. The price is lower by -8.31% since the last closing and was between 1.310 EUR and 1.382 EUR. This implies that the price is at +2.75% from its lowest and at -2.60% from its highest.

1.310
1.382
1.346

The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 50 days

Technical


A technical analysis in 1H of this EXPERT.AI chart shows a sharp bearish trend. 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 scanner detects a bearish signal on moving averages that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour



The probability of a further decline is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly


RSI indicator is back under 50

Type : Bearish

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:

Central Patterns

Support of channel is broken

Type : Bearish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.880 0.986 1.140 1.346 1.387 1.410 1.434
Change (%) -34.62% -26.75% -15.30% - +3.05% +4.75% +6.54%
Change -0.466 -0.360 -0.206 - +0.041 +0.064 +0.088
Level Minor Major Major - Major Minor Intermediate



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.3721.4001.4341.4621.4961.5241.558
Camarilla1.4511.4571.4621.4681.4741.4791.485
Woodie1.3751.4021.4371.4641.4991.5261.561
Fibonacci1.4001.4241.4381.4621.4861.5001.524


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.3021.3681.4201.4861.5381.6041.656
Camarilla1.4401.4501.4611.4721.4831.4941.505
Woodie1.2951.3651.4131.4831.5311.6011.649
Fibonacci1.3681.4131.4411.4861.5311.5591.604


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.1571.2791.3731.4951.5891.7111.805
Camarilla1.4091.4281.4481.4681.4881.5081.527
Woodie1.1441.2721.3601.4881.5761.7041.792
Fibonacci1.2791.3611.4121.4951.5771.6281.711

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): 29.94
MACD (12,26,9): -0.0160
Directional Movement: -29.373
AROON (14): -78.571
DEMA (21): 1.436
Parabolic SAR (0,02-0,02-0,2): 1.483
Elder Ray (13): -0.098
Super Trend (3,10): 1.452
Zig ZAG (10): 1.348
VORTEX (21): 0.6900
Stochastique (14,3,5): 27.39
TEMA (21): 1.424
Williams %R (14): -74.74
Chande Momentum Oscillator (20): -0.144
Repulse (5,40,3): 1.8440
ROCnROLL: 2
TRIX (15,9): -0.0740
Courbe Coppock: 6.14
MA7: 1.451
MA20: 1.499
MA50: 1.531
MA100: 1.240
MAexp7: 1.408
MAexp20: 1.453
MAexp50: 1.470
MAexp100: 1.490
Price / MA7: -7.24%
Price / MA20: -10.21%
Price / MA50: -12.08%
Price / MA100: +8.55%
Price / MAexp7: -4.40%
Price / MAexp20: -7.36%
Price / MAexp50: -8.44%
Price / MAexp100: -9.66%

Quotes : - 15 min delayed data - Actions Italie