Londinia Opportunities Analyses - 11/20/2024 (GMT) ROCKHOPPER EXPLORATION ORD 1P - 1H

- GBX (-)

- 15 min delayed data - London Stock Exchange

Type:	Stocks
Ticker:	RKH
ISIN:	GB00B0FVQX23

Londinia

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

89%

My opinion

Bullish above 14.20 GBX

My targets

15.00 GBX (+3.45%)

15.98 GBX (+10.23%)

My analysis

The bullish trend is currently very strong on ROCKHOPPER EXPLORATION ORD 1P. As long as the price remains above the support at 14.20 GBX, you could try to benefit from the boom. The first bullish objective is located at 15.00 GBX. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 15.98 GBX as an objective. Crossing it would then enable buyers to target 43.00 GBX. 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

8.8

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Additional analysis

Quotes

ROCKHOPPER EXPLORATION ORD 1P rating 14.50 GBX. The price has increased by +3.57% since the last closing and was between 14.50 GBX and 14.50 GBX. This implies that the price is at 0% from its lowest and at 0% from its highest.

14.50

Here is a more detailed summary of the historical variations registered by ROCKHOPPER EXPLORATION ORD 1P:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of ROCKHOPPER EXPLORATION ORD 1P in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

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	13.48	13.88	14.20	14.50	14.55	15.00	43.00
Change (%)	-7.03%	-4.28%	-2.07%	-	+0.34%	+3.45%	+196.55%
Change	-1.02	-0.62	-0.30	-	+0.05	+0.50	+28.50
Level	Intermediate	Major	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	12.53	12.97	13.48	13.92	14.43	14.87	15.38
Camarilla	13.74	13.83	13.91	14.00	14.09	14.17	14.26
Woodie	12.58	12.99	13.53	13.94	14.48	14.89	15.43
Fibonacci	12.97	13.33	13.55	13.92	14.28	14.50	14.87

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.50	12.15	12.65	13.30	13.80	14.45	14.95
Camarilla	12.83	12.94	13.05	13.15	13.26	13.36	13.47
Woodie	11.43	12.11	12.58	13.26	13.73	14.41	14.88
Fibonacci	12.15	12.59	12.86	13.30	13.74	14.01	14.45

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.17	10.68	11.82	13.33	14.47	15.98	17.12
Camarilla	12.22	12.46	12.71	12.95	13.19	13.44	13.68
Woodie	8.98	10.59	11.63	13.24	14.28	15.89	16.93
Fibonacci	10.68	11.70	12.32	13.33	14.35	14.97	15.98

Numerical data

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

Technical indicators

Moving averages

RSI (14):	67.00
MACD (12,26,9):	0.2200
Directional Movement:	24.94
AROON (14):	78.57
DEMA (21):	13.92
Parabolic SAR (0,02-0,02-0,2):	13.23
Elder Ray (13):	0.70
Super Trend (3,10):	13.42
Zig ZAG (10):	14.50
VORTEX (21):	0.9400
Stochastique (14,3,5):	82.72
TEMA (21):	14.09
Williams %R (14):	0.00
Chande Momentum Oscillator (20):	1.35
Repulse (5,40,3):	-0.2600
ROCnROLL:	1
TRIX (15,9):	0.1200
Courbe Coppock:	11.26

MA7:	13.69
MA20:	13.34
MA50:	13.61
MA100:	14.01
MAexp7:	14.00
MAexp20:	13.68
MAexp50:	13.48
MAexp100:	13.37
Price / MA7:	+5.92%
Price / MA20:	+8.70%
Price / MA50:	+6.54%
Price / MA100:	+3.50%
Price / MAexp7:	+3.57%
Price / MAexp20:	+5.99%
Price / MAexp50:	+7.57%
Price / MAexp100:	+8.45%

Quotes : - 15 min delayed data - London Stock Exchange

News

The last news published on ROCKHOPPER EXPLORATION ORD 1P at the time of the generation of this analysis was as follows: