Londinia Opportunities Analyses - 10/09/2024 (GMT) ARCURE - 1H

ARCURE
- EUR (-)
- 15 min delayed data - Euronext Paris
Type: Stocks
Ticker: ALCUR
ISIN: FR0013398997

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 bearish
Underlying: Strongly bearish
Technical indicators
11%
78%
11%
My opinion
Bearish under 4.85 EUR
My targets
4.60 EUR (-2.95%)
4.34 EUR (-8.44%)
My analysis
The bearish trend is currently very strong for ARCURE. As long as the price remains below the resistance at 4.85 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 4.60 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 4.34 EUR as an objective. Crossing it would then enable sellers to target 4.00 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

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The ARCURE rating is 4.74 EUR. On the day, this instrument lost -1.25% with the lowest point at 4.73 EUR and the highest point at 4.76 EUR. The deviation from the price is +0.21% for the low point and -0.42% for the high point.

4.73
4.76
4.74

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

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


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

Technical indicators are strongly bearish, suggesting that the price decline is expected to continue.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near resistance of channel

Type : Bearish

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 2.80 3.28 4.00 4.74 4.85 5.24 5.72
Change (%) -40.93% -30.80% -15.61% - +2.32% +10.55% +20.68%
Change -1.94 -1.46 -0.74 - +0.11 +0.50 +0.98
Level Minor Intermediate 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
Standard4.524.634.714.824.905.015.09
Camarilla4.754.774.784.804.824.844.85
Woodie4.524.624.714.814.905.005.09
Fibonacci4.634.704.744.824.894.935.01


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.344.604.805.065.265.525.72
Camarilla4.874.924.965.005.045.085.13
Woodie4.314.594.775.055.235.515.69
Fibonacci4.604.784.885.065.245.345.52


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.573.734.375.536.177.337.97
Camarilla4.514.674.845.005.175.335.50
Woodie2.303.604.105.405.907.207.70
Fibonacci3.734.424.855.536.226.657.33

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): 40.04
MACD (12,26,9): -0.0600
Directional Movement: -19.35
AROON (14): -64.28
DEMA (21): 4.80
Parabolic SAR (0,02-0,02-0,2): 4.96
Elder Ray (13): -0.09
Super Trend (3,10): 5.05
Zig ZAG (10): 4.80
VORTEX (21): 0.7800
Stochastique (14,3,5): 17.33
TEMA (21): 4.78
Williams %R (14): -72.00
Chande Momentum Oscillator (20): -0.16
Repulse (5,40,3): 0.9200
ROCnROLL: 2
TRIX (15,9): -0.1600
Courbe Coppock: 5.05
MA7: 5.05
MA20: 5.56
MA50: 5.97
MA100: 6.04
MAexp7: 4.81
MAexp20: 4.88
MAexp50: 5.00
MAexp100: 5.17
Price / MA7: -6.14%
Price / MA20: -14.75%
Price / MA50: -20.60%
Price / MA100: -21.52%
Price / MAexp7: -1.46%
Price / MAexp20: -2.87%
Price / MAexp50: -5.20%
Price / MAexp100: -8.32%

Quotes : - 15 min delayed data - Euronext Paris