Londinia Opportunities Analyses - 12/05/2024 (GMT) L OREALINH.EO 0.2 - 1H

L OREALINH.EO 0.2
- EUR (-)
- 15 min delayed data - Germany Stocks
Type: Stocks
Ticker: LOR
ISIN: FR0000120321

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
  • Europe Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 331.80 EUR
My targets
339.00 EUR (+1.25%)
345.90 EUR (+3.32%)
My analysis
The bullish trend is currently very strong on L OREALINH.EO 0.2. As long as the price remains above the support at 331.80 EUR, you could try to benefit from the boom. The first bullish objective is located at 339.00 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 345.90 EUR as an objective. Crossing it would then enable buyers to target 350.45 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.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.4

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The L OREALINH.EO 0.2 price is 334.80 EUR. The price has increased by +0.44% since the last closing with the lowest point at 333.70 EUR and the highest point at 337.25 EUR. The deviation from the price is +0.33% for the low point and -0.73% for the high point.

333.70
337.25
334.80

Here is a more detailed summary of the historical variations registered by L OREALINH.EO 0.2:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of L OREALINH.EO 0.2 indicates that the overall trend is strongly bullish. 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.

In fact, 14 technical indicators on 18 studied are currently bullish. Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

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:

Central Patterns

Near resistance of triangle

Type : Bearish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 323.94 328.67 331.80 334.80 336.26 339.00 345.90
Change (%) -3.24% -1.83% -0.90% - +0.44% +1.25% +3.32%
Change -10.86 -6.13 -3.00 - +1.46 +4.20 +11.10
Level Major Intermediate Minor - Major Minor Minor



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
Standard328.43329.42331.38332.37334.33335.32337.28
Camarilla332.54332.81333.08333.35333.62333.89334.16
Woodie328.93329.66331.88332.61334.83335.56337.78
Fibonacci329.42330.54331.24332.37333.49334.19335.32


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard312.65319.00323.75330.10334.85341.20345.95
Camarilla325.45326.47327.48328.50329.52330.54331.55
Woodie311.85318.60322.95329.70334.05340.80345.15
Fibonacci319.00323.24325.86330.10334.34336.96341.20


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard276.53296.67312.58332.72348.63368.77384.68
Camarilla318.59321.89325.20328.50331.81335.11338.41
Woodie274.43295.61310.48331.66346.53367.71382.58
Fibonacci296.67310.44318.95332.72346.49355.00368.77

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): 57.16
MACD (12,26,9): 0.9200
Directional Movement: 17.71
AROON (14): 78.57
DEMA (21): 333.55
Parabolic SAR (0,02-0,02-0,2): 329.20
Elder Ray (13): 1.14
Super Trend (3,10): 330.10
Zig ZAG (10): 333.80
VORTEX (21): 0.8700
Stochastique (14,3,5): 62.40
TEMA (21): 334.04
Williams %R (14): -43.83
Chande Momentum Oscillator (20): 1.10
Repulse (5,40,3): -0.4900
ROCnROLL: 1
TRIX (15,9): 0.0300
Courbe Coppock: 1.38
MA7: 331.53
MA20: 329.53
MA50: 354.73
MA100: 370.62
MAexp7: 333.59
MAexp20: 332.49
MAexp50: 331.33
MAexp100: 330.91
Price / MA7: +0.99%
Price / MA20: +1.60%
Price / MA50: -5.62%
Price / MA100: -9.66%
Price / MAexp7: +0.36%
Price / MAexp20: +0.69%
Price / MAexp50: +1.05%
Price / MAexp100: +1.18%

Quotes : - 15 min delayed data - Actions Allemagne