Londinia Opportunities Analyses - 05/15/2024 (GMT) SWORD GROUP - 1H

SWORD GROUP
- EUR (-)
- 15 min delayed data - Euronext Paris
Type: Stocks
Ticker: SWP
ISIN: FR0004180578

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
72%
6%
22%
My opinion
Bullish above 36.60 EUR
My targets
37.10 EUR (+0.68%)
38.07 EUR (+3.31%)
My analysis
The bullish trend is currently very strong on SWORD GROUP. As long as the price remains above the support at 36.60 EUR, you could try to benefit from the boom. The first bullish objective is located at 37.10 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 38.07 EUR as an objective. Crossing it would then enable buyers to target 41.26 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, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.2

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Additional analysis

Quotes

SWORD GROUP rating 36.85 EUR. The price has increased by +0.96% since the last closing and was traded between 36.85 EUR and 36.85 EUR over the period. The price is currently at 0% from its lowest and 0% from its highest.

36.85
36.85
36.85

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by SWORD GROUP:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of SWORD GROUP indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The probability of a further increase is high given the direction of the technical indicators.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



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:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Near support of triangle

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 35.61 35.96 36.60 36.85 37.10 38.07 41.26
Change (%) -3.36% -2.42% -0.68% - +0.68% +3.31% +11.97%
Change -1.24 -0.89 -0.25 - +0.25 +1.22 +4.41
Level Major Major Minor - Intermediate Major 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
Standard35.5335.9736.2336.6736.9337.3737.63
Camarilla36.3136.3736.4436.5036.5636.6336.69
Woodie35.4535.9336.1536.6336.8537.3337.55
Fibonacci35.9736.2336.4036.6736.9337.1037.37


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard33.0233.9334.7735.6836.5237.4338.27
Camarilla35.1235.2835.4435.6035.7635.9236.08
Woodie32.9833.9134.7335.6636.4837.4138.23
Fibonacci33.9334.6035.0235.6836.3536.7737.43


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard29.1731.0133.4335.2737.6939.5341.95
Camarilla34.6835.0735.4635.8536.2436.6337.02
Woodie29.4631.1633.7235.4237.9839.6842.24
Fibonacci31.0132.6433.6435.2736.9037.9039.53

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): 55.51
MACD (12,26,9): 0.2100
Directional Movement: 12.97
AROON (14): 21.43
DEMA (21): 36.60
Parabolic SAR (0,02-0,02-0,2): 36.38
Elder Ray (13): 0.11
Super Trend (3,10): 36.25
Zig ZAG (10): 36.50
VORTEX (21): 1.0800
Stochastique (14,3,5): 64.37
TEMA (21): 36.73
Williams %R (14): -41.38
Chande Momentum Oscillator (20): 0.75
Repulse (5,40,3): -0.5600
ROCnROLL: 1
TRIX (15,9): 0.0700
Courbe Coppock: 4.80
MA7: 36.16
MA20: 35.08
MA50: 35.11
MA100: 35.40
MAexp7: 36.58
MAexp20: 36.35
MAexp50: 36.09
MAexp100: 35.78
Price / MA7: +1.91%
Price / MA20: +5.05%
Price / MA50: +4.96%
Price / MA100: +4.10%
Price / MAexp7: +0.74%
Price / MAexp20: +1.38%
Price / MAexp50: +2.11%
Price / MAexp100: +2.99%

Quotes : - 15 min delayed data - Euronext Paris