Londinia Opportunities Analyses - 12/05/2024 (GMT) LUVE - 1H

- EUR (-)

- 15 min delayed data - Italy Stocks

Type:	Stocks
Ticker:	LUVE
ISIN:	IT0005107492

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

78%

17%

My opinion

Bullish above 27.35 EUR

My targets

27.90 EUR (+1.45%)

29.10 EUR (+5.82%)

My analysis

The bullish trend is currently very strong on LUVE. As long as the price remains above the support at 27.35 EUR, you could try to benefit from the boom. The first bullish objective is located at 27.90 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 29.10 EUR as an objective. Crossing it would then enable buyers to target 31.57 EUR. 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

8.4

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Additional analysis

Quotes

The LUVE price is 27.50 EUR. The price has increased by +0.92% since the last closing and was between 27.30 EUR and 27.60 EUR. This implies that the price is at +0.73% from its lowest and at -0.36% from its highest.

27.30

27.60

27.50

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

The Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this LUVE chart shows a strongly 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

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

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	26.60	26.95	27.35	27.50	27.90	29.10	31.57
Change (%)	-3.27%	-2.00%	-0.55%	-	+1.45%	+5.82%	+14.80%
Change	-0.90	-0.55	-0.15	-	+0.40	+1.60	+4.07
Level	Intermediate	Major	Minor	-	Intermediate	Intermediate	Major

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
Standard	26.25	26.45	26.85	27.05	27.45	27.65	28.05
Camarilla	27.09	27.14	27.20	27.25	27.31	27.36	27.42
Woodie	26.35	26.50	26.95	27.10	27.55	27.70	28.15
Fibonacci	26.45	26.68	26.82	27.05	27.28	27.42	27.65

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	25.57	25.98	26.52	26.93	27.47	27.88	28.42
Camarilla	26.79	26.88	26.96	27.05	27.14	27.22	27.31
Woodie	25.63	26.01	26.58	26.96	27.53	27.91	28.48
Fibonacci	25.98	26.35	26.57	26.93	27.30	27.52	27.88

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	22.50	23.75	25.40	26.65	28.30	29.55	31.20
Camarilla	26.25	26.52	26.78	27.05	27.32	27.58	27.85
Woodie	22.70	23.85	25.60	26.75	28.50	29.65	31.40
Fibonacci	23.75	24.86	25.54	26.65	27.76	28.44	29.55

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	70.87
MACD (12,26,9):	0.1500
Directional Movement:	22.96
AROON (14):	50.00
DEMA (21):	27.21
Parabolic SAR (0,02-0,02-0,2):	26.80
Elder Ray (13):	0.42
Super Trend (3,10):	26.95
Zig ZAG (10):	27.50
VORTEX (21):	1.1200
Stochastique (14,3,5):	90.83
TEMA (21):	27.31
Williams %R (14):	-10.53
Chande Momentum Oscillator (20):	0.65
Repulse (5,40,3):	0.3400
ROCnROLL:	1
TRIX (15,9):	0.0300
Courbe Coppock:	3.24

MA7:	26.97
MA20:	26.68
MA50:	27.11
MA100:	26.32
MAexp7:	27.28
MAexp20:	27.06
MAexp50:	26.90
MAexp100:	26.80
Price / MA7:	+1.97%
Price / MA20:	+3.07%
Price / MA50:	+1.44%
Price / MA100:	+4.48%
Price / MAexp7:	+0.81%
Price / MAexp20:	+1.63%
Price / MAexp50:	+2.23%
Price / MAexp100:	+2.61%

Quotes : - 15 min delayed data - Actions Italie