Londinia Opportunities Analyses - 08/29/2024 (GMT) MKB NEDSENSE - Daily

MKB NEDSENSE
- EUR (-)
- 15 min delayed data - Euronext Amsterdam
Type: Stocks
Ticker: NEDSE
ISIN: NL0009312842

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • Europe Stocks
  • Timeframe : Daily
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
11%
78%
11%
My opinion
Bearish under 0.0633 EUR
My targets
0.0567 EUR (-6.33%)
0.0483 EUR (-20.12%)
My analysis
The bearish trend is currently very strong for MKB NEDSENSE. As long as the price remains below the resistance at 0.0633 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.0567 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.0483 EUR as an objective. Crossing it would then enable sellers to target 0.0273 EUR. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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 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

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Additional analysis

Quotes

The MKB NEDSENSE price is 0.0605 EUR. The price is lower by -2.42% since the last closing with the lowest point at 0.0605 EUR and the highest point at 0.0625 EUR. The deviation from the price is 0% for the low point and -3.20% for the high point.

0.0605
0.0625
0.0605

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



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

Central Records

New LOW record (5 years)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 5 days

Technical


Technical analysis of this Journalier chart of MKB NEDSENSE indicates that the overall trend is strongly bearish. 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 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, 14 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

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

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


Price is back under the pivot point

Type : Bearish

Timeframe : Daily



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S1
R1
R2
R3
Price


S1PriceR1R2R3
ProTrendLines 0.0273 0.0605 0.0686 0.0730 0.0800
Change (%) -54.88% - +13.39% +20.66% +32.23%
Change -0.0332 - +0.0081 +0.0125 +0.0195
Level Minor - Major Major Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.05320.05630.05920.06230.06520.06830.0712
Camarilla0.06040.06090.06150.06200.06260.06310.0637
Woodie0.05300.05630.05900.06230.06500.06830.0710
Fibonacci0.05630.05860.06000.06230.06460.06600.0683


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.05670.05980.06320.06630.06970.07280.0762
Camarilla0.06470.06530.06590.06650.06710.06770.0683
Woodie0.05680.05990.06330.06640.06980.07290.0763
Fibonacci0.05980.06230.06390.06630.06880.07040.0728


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.04830.05670.06330.07170.07830.08670.0933
Camarilla0.06590.06730.06860.07000.07140.07280.0741
Woodie0.04750.05630.06250.07130.07750.08630.0925
Fibonacci0.05670.06240.06590.07170.07740.08090.0867

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 30.66
MACD (12,26,9): -0.0022
Directional Movement: -24.0084
AROON (14): -57.1428
DEMA (21): 0.0640
Parabolic SAR (0,02-0,02-0,2): 0.0699
Elder Ray (13): -0.0041
Super Trend (3,10): 0.0734
Zig ZAG (10): 0.0605
VORTEX (21): 0.9059
Stochastique (14,3,5): 26.09
TEMA (21): 0.0632
Williams %R (14): -91.30
Chande Momentum Oscillator (20): -0.0090
Repulse (5,40,3): -0.7250
ROCnROLL: 2
TRIX (15,9): -0.3442
Courbe Coppock: 12.78
MA7: 0.0646
MA20: 0.0671
MA50: 0.0709
MA100: 0.0737
MAexp7: 0.0640
MAexp20: 0.0667
MAexp50: 0.0700
MAexp100: 0.0737
Price / MA7: -6.35%
Price / MA20: -9.84%
Price / MA50: -14.67%
Price / MA100: -17.91%
Price / MAexp7: -5.47%
Price / MAexp20: -9.30%
Price / MAexp50: -13.57%
Price / MAexp100: -17.91%

Quotes : - 15 min delayed data - Euronext Amsterdam