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

- EUR (-)

- 15 min delayed data - Euronext Bruxelles

Type:	Stocks
Ticker:	EXM
ISIN:	BE0003808251

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 bullish

Underlying: Strongly bullish

Technical indicators

83%

17%

My opinion

Bullish above 8.01 EUR

My targets

8.47 EUR (+3.42%)

9.00 EUR (+9.89%)

My analysis

EXMAR is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 8.01 EUR. The next resistance located at 8.47 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 9.00 EUR. After this resistance, buyers could then target 9.24 EUR. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

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

EXMAR rating 8.19 EUR. On the day, this instrument gained +0.49% with the lowest point at 8.19 EUR and the highest point at 8.28 EUR. The deviation from the price is 0% for the low point and -1.09% for the high point.

8.19

8.28

8.19

Here is a more detailed summary of the historical variations registered by EXMAR:

Technical

Technical analysis of this 1H chart of EXMAR indicates that the overall trend is strongly bullish. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a strong bullish signal.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.

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

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	6.71	7.49	8.01	8.19	8.47	9.00	9.24
Change (%)	-18.07%	-8.55%	-2.20%	-	+3.42%	+9.89%	+12.82%
Change	-1.48	-0.70	-0.18	-	+0.28	+0.81	+1.05
Level	Intermediate	Major	Intermediate	-	Intermediate	Minor	Minor

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	7.83	7.90	8.02	8.09	8.21	8.28	8.40
Camarilla	8.10	8.12	8.13	8.15	8.17	8.19	8.20
Woodie	7.87	7.91	8.06	8.10	8.25	8.29	8.44
Fibonacci	7.90	7.97	8.01	8.09	8.16	8.20	8.28

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	7.40	7.55	7.85	8.00	8.30	8.45	8.75
Camarilla	8.03	8.07	8.11	8.15	8.19	8.23	8.27
Woodie	7.48	7.59	7.93	8.04	8.38	8.49	8.83
Fibonacci	7.55	7.72	7.83	8.00	8.17	8.28	8.45

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	4.41	5.98	6.85	8.42	9.29	10.86	11.73
Camarilla	7.04	7.26	7.49	7.71	7.93	8.16	8.38
Woodie	4.05	5.81	6.49	8.25	8.93	10.69	11.37
Fibonacci	5.98	6.92	7.49	8.42	9.36	9.93	10.86

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):	70.50
MACD (12,26,9):	0.0800
Directional Movement:	49.57
AROON (14):	92.86
DEMA (21):	8.11
Parabolic SAR (0,02-0,02-0,2):	7.83
Elder Ray (13):	0.13
Super Trend (3,10):	8.07
Zig ZAG (10):	8.19
VORTEX (21):	1.1800
Stochastique (14,3,5):	85.22
TEMA (21):	8.15
Williams %R (14):	-28.12
Chande Momentum Oscillator (20):	0.19
Repulse (5,40,3):	0.9000
ROCnROLL:	1
TRIX (15,9):	0.1000
Courbe Coppock:	4.32

MA7:	7.94
MA20:	7.90
MA50:	8.55
MA100:	8.23
MAexp7:	8.11
MAexp20:	8.01
MAexp50:	7.92
MAexp100:	7.94
Price / MA7:	+3.15%
Price / MA20:	+3.67%
Price / MA50:	-4.21%
Price / MA100:	-0.49%
Price / MAexp7:	+0.99%
Price / MAexp20:	+2.25%
Price / MAexp50:	+3.41%
Price / MAexp100:	+3.15%

Quotes : - 15 min delayed data - Euronext Bruxelles

News

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