Londinia Opportunities Analyses - 12/20/2024 (GMT) WAGA ENERGY - 1H

- EUR (-)

- 15 min delayed data - Euronext Paris

Type:	Stocks
Ticker:	WAGA
ISIN:	FR0012532810

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%

11%

My opinion

Bullish above 15.92 EUR

My targets

16.11 EUR (+0.69%)

16.30 EUR (+1.88%)

My analysis

The bullish trend is currently very strong on WAGA ENERGY. As long as the price remains above the support at 15.92 EUR, you could try to benefit from the boom. The first bullish objective is located at 16.11 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 16.30 EUR as an objective. Crossing it would then enable buyers to target 16.64 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, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.9

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Additional analysis

Quotes

The WAGA ENERGY price is 16.00 EUR. The price has increased by +5.54% since the last closing with the lowest point at 15.20 EUR and the highest point at 16.00 EUR. The deviation from the price is +5.26% for the low point and 0% for the high point.

15.20

16.00

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

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 this 1H chart of WAGA ENERGY 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 scanner does not detect any result on moving averages that would impact this trend.

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 3

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Resistance of channel is broken

Type : Bullish

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	15.14	15.51	15.92	16.00	16.11	16.30	16.64
Change (%)	-5.38%	-3.06%	-0.50%	-	+0.69%	+1.88%	+4.00%
Change	-0.86	-0.49	-0.08	-	+0.11	+0.30	+0.64
Level	Major	Major	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
Standard	14.93	14.97	15.07	15.11	15.21	15.25	15.35
Camarilla	15.12	15.13	15.15	15.16	15.17	15.19	15.20
Woodie	14.95	14.99	15.09	15.13	15.23	15.27	15.37
Fibonacci	14.97	15.03	15.06	15.11	15.17	15.20	15.25

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	14.24	14.60	14.80	15.16	15.36	15.72	15.92
Camarilla	14.85	14.90	14.95	15.00	15.05	15.10	15.15
Woodie	14.16	14.56	14.72	15.12	15.28	15.68	15.84
Fibonacci	14.60	14.81	14.95	15.16	15.37	15.51	15.72

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.58	13.36	14.44	16.22	17.30	19.08	20.16
Camarilla	14.73	15.00	15.26	15.52	15.78	16.04	16.31
Woodie	11.23	13.19	14.09	16.05	16.95	18.91	19.81
Fibonacci	13.36	14.45	15.13	16.22	17.31	17.99	19.08

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):	82.09
MACD (12,26,9):	0.1600
Directional Movement:	45.27
AROON (14):	92.86
DEMA (21):	15.57
Parabolic SAR (0,02-0,02-0,2):	15.21
Elder Ray (13):	0.43
Super Trend (3,10):	15.61
Zig ZAG (10):	16.00
VORTEX (21):	1.3000
Stochastique (14,3,5):	99.12
TEMA (21):	15.72
Williams %R (14):	-6.12
Chande Momentum Oscillator (20):	0.82
Repulse (5,40,3):	2.1100
ROCnROLL:	1
TRIX (15,9):	0.0500
Courbe Coppock:	6.10

MA7:	15.21
MA20:	15.30
MA50:	16.38
MA100:	15.93
MAexp7:	15.66
MAexp20:	15.41
MAexp50:	15.29
MAexp100:	15.27
Price / MA7:	+5.19%
Price / MA20:	+4.58%
Price / MA50:	-2.32%
Price / MA100:	+0.44%
Price / MAexp7:	+2.17%
Price / MAexp20:	+3.83%
Price / MAexp50:	+4.64%
Price / MAexp100:	+4.78%

Quotes : - 15 min delayed data - Euronext Paris

News

Don't forget to follow the news on WAGA ENERGY. At the time of publication of this analysis, the latest news was as follows: