EPA:EUCAR - Euronext Paris - Matif - FR0012789949 - Common Stock - Currency: EUR
We assign a technical rating of 8 out of 10 to EUCAR. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EUCAR is showing a nice and steady performance.
EUCAR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.51. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.51, a Stop Loss order could be placed below this zone.
0.49
When analyzing the support we can see 3 important areas.
2 important resistance areas can be observed.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
0.52 | 0.50 | 0.02 (4.62%) | 21.67% |
An entry @0.52. This is a Buy Stop order right above the resistance zone. | An exit @0.50. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.02 points, which is 4.62%. | For a 1.00% total portfolio risk, you can invest 21.67% of your capital in this trade. |
EPA:EUCAR (7/1/2022, 7:00:00 PM)
0.509
+0 (+0.51%)