Londinia Opportunities Analyses - 05/03/2024 (GMT) VAN DE VELDE - 1H

- EUR (-)

- 15 min delayed data - Euronext Bruxelles

Type:	Stocks
Ticker:	VAN
ISIN:	BE0003839561

Londinia

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.

Europe Stocks
Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

61%

11%

28%

My opinion

Bullish above 32.59 EUR

My targets

32.92 EUR (+0.52%)

33.30 EUR (+1.68%)

My analysis

The bullish trend is currently very strong on VAN DE VELDE. As long as the price remains above the support at 32.59 EUR, you could try to benefit from the boom. The first bullish objective is located at 32.92 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 33.30 EUR as an objective. Crossing it would then enable buyers to target 40.15 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.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.7

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Additional analysis

Quotes

The VAN DE VELDE price is 32.75 EUR. On the day, this instrument gained +0.92% with the lowest point at 32.55 EUR and the highest point at 32.75 EUR. The deviation from the price is +0.61% for the low point and 0% for the high point.

32.55

32.75

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 results:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 50 days

Technical

A technical analysis in 1H of this VAN DE VELDE chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. The Central Indicators scanner found this result concerning these indicators:

Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour

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

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	32.35	32.59	32.73	32.75	32.92	33.06	33.30
Change (%)	-1.22%	-0.49%	-0.06%	-	+0.52%	+0.95%	+1.68%
Change	-0.40	-0.16	-0.02	-	+0.17	+0.31	+0.55
Level	Major	Intermediate	Minor	-	Major	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	31.23	31.82	32.13	32.72	33.03	33.62	33.93
Camarilla	32.20	32.29	32.37	32.45	32.53	32.62	32.70
Woodie	31.10	31.75	32.00	32.65	32.90	33.55	33.80
Fibonacci	31.82	32.16	32.37	32.72	33.06	33.27	33.62

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	31.30	31.59	32.05	32.34	32.80	33.09	33.55
Camarilla	32.29	32.36	32.43	32.50	32.57	32.64	32.71
Woodie	31.38	31.63	32.13	32.38	32.88	33.13	33.63
Fibonacci	31.59	31.88	32.06	32.34	32.63	32.81	33.09

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	30.44	31.07	31.79	32.42	33.14	33.77	34.49
Camarilla	32.13	32.25	32.38	32.50	32.62	32.75	32.87
Woodie	30.48	31.09	31.83	32.44	33.18	33.79	34.53
Fibonacci	31.07	31.59	31.91	32.42	32.94	33.26	33.77

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):	55.73
MACD (12,26,9):	0.0400
Directional Movement:	17.36
AROON (14):	-14.28
DEMA (21):	32.61
Parabolic SAR (0,02-0,02-0,2):	33.14
Elder Ray (13):	0.07
Super Trend (3,10):	32.31
Zig ZAG (10):	32.65
VORTEX (21):	1.0000
Stochastique (14,3,5):	27.78
TEMA (21):	32.61
Williams %R (14):	-72.22
Chande Momentum Oscillator (20):	-0.05
Repulse (5,40,3):	-0.5600
ROCnROLL:	1
TRIX (15,9):	0.0100
Courbe Coppock:	0.05

MA7:	32.51
MA20:	32.43
MA50:	31.64
MA100:	31.43
MAexp7:	32.59
MAexp20:	32.56
MAexp50:	32.49
MAexp100:	32.40
Price / MA7:	+0.74%
Price / MA20:	+0.99%
Price / MA50:	+3.51%
Price / MA100:	+4.20%
Price / MAexp7:	+0.49%
Price / MAexp20:	+0.58%
Price / MAexp50:	+0.80%
Price / MAexp100:	+1.08%

Quotes : - 15 min delayed data - Euronext Bruxelles