Londinia Opportunities Analyses - 11/18/2024 (GMT) GIMV - 1H

- EUR (-)

- 15 min delayed data - Euronext Bruxelles

Type:	Stocks
Ticker:	GIMB
ISIN:	BE0003699130

Londinia

I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.

Europe Stocks
Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

78%

17%

My opinion

Bearish under 38.37 EUR

My targets

35.77 EUR (-4.11%)

34.20 EUR (-8.31%)

My analysis

GIMV 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 38.37 EUR. The next support located at 35.77 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 34.20 EUR. Below this support, sellers could then target 22.10 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.

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

Force

8.4

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 GIMV rating is 37.30 EUR. The price registered a decrease of -0.67% on the session and was traded between 37.30 EUR and 37.60 EUR over the period. The price is currently at 0% from its lowest and -0.80% from its highest.

37.30

37.60

37.30

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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

Technical

Technical analysis of this 1H chart of GIMV indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish 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.

An assessment of technical indicators shows a strong bearish signal.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal support

Type : Bullish

Timeframe : 1 hour

Support of channel is broken

Type : Bearish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	17.19	22.10	34.20	37.30	37.47	38.37	39.35
Change (%)	-53.91%	-40.75%	-8.31%	-	+0.46%	+2.87%	+5.50%
Change	-20.11	-15.20	-3.10	-	+0.17	+1.07	+2.05
Level	Minor	Minor	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
Standard	37.00	37.25	37.40	37.65	37.80	38.05	38.20
Camarilla	37.44	37.48	37.51	37.55	37.59	37.62	37.66
Woodie	36.95	37.23	37.35	37.63	37.75	38.03	38.15
Fibonacci	37.25	37.40	37.50	37.65	37.80	37.90	38.05

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	35.77	36.48	37.02	37.73	38.27	38.98	39.52
Camarilla	37.21	37.32	37.44	37.55	37.67	37.78	37.89
Woodie	35.68	36.44	36.93	37.69	38.18	38.94	39.43
Fibonacci	36.48	36.96	37.26	37.73	38.21	38.51	38.98

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	32.00	34.85	36.35	39.20	40.70	43.55	45.05
Camarilla	36.65	37.05	37.45	37.85	38.25	38.65	39.05
Woodie	31.33	34.51	35.68	38.86	40.03	43.21	44.38
Fibonacci	34.85	36.51	37.54	39.20	40.86	41.89	43.55

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):	31.66
MACD (12,26,9):	-0.0800
Directional Movement:	-21.21
AROON (14):	-85.72
DEMA (21):	37.55
Parabolic SAR (0,02-0,02-0,2):	37.92
Elder Ray (13):	-0.23
Super Trend (3,10):	37.83
Zig ZAG (10):	37.30
VORTEX (21):	0.9800
Stochastique (14,3,5):	16.24
TEMA (21):	37.53
Williams %R (14):	-100.00
Chande Momentum Oscillator (20):	-0.55
Repulse (5,40,3):	-0.4100
ROCnROLL:	2
TRIX (15,9):	-0.0100
Courbe Coppock:	1.04

MA7:	37.76
MA20:	38.24
MA50:	40.21
MA100:	40.27
MAexp7:	37.52
MAexp20:	37.64
MAexp50:	37.77
MAexp100:	38.00
Price / MA7:	-1.22%
Price / MA20:	-2.46%
Price / MA50:	-7.24%
Price / MA100:	-7.38%
Price / MAexp7:	-0.59%
Price / MAexp20:	-0.90%
Price / MAexp50:	-1.24%
Price / MAexp100:	-1.84%

Quotes : - 15 min delayed data - Euronext Bruxelles

News

The last news published on GIMV at the time of the generation of this analysis was as follows: