CASINO GUICHARD

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	CO
ISIN:	FR0000125585

CASINO GUICHARD - 1H - Technical analysis published on 04/19/2024 (GMT)

Londinia

I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!

Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bearish

Technical indicators

78%

17%

My opinion

Bearish under 0.0304 EUR

My targets

0.0279 EUR (-6.90%)

0.0237 EUR (-21.10%)

My analysis

In a bearish trend, the price of CASINO GUICHARD tries to inflate a little with a slight short-term rebound. At this stage, no trend reversal is in sight. Globally, sellers have the upper hand. Traders may allow themselves to trade short positions (for sale) as long as the price remains below the resistance located at 0.0304 EUR. A bearish break in the support located at 0.0279 EUR would revive the bearish momentum and fuel the basic trend. Then the price could move towards 0.0237 EUR. PS: if there is a bullish break in the resistance located at 0.0304 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.

Force

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

CASINO GUICHARD rating 0.0300 EUR. The price has increased by +7.14% since the last closing and was traded between 0.0280 EUR and 0.0324 EUR over the period. The price is currently at +7.14% from its lowest and -7.41% from its highest.

0.0280

0.0324

0.0300

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows the following items:

New LOW record (5 years)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of CASINO GUICHARD in 1H shows an overall bearish trend. The signals given by moving averages are at 67.86% bearish. This bearish trend could slow down given the slightly bullish signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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

ProTrendLines

Price

	Price	R1	R2	R3
ProTrendLines	0.0300	0.0320	0.1097	0.6299
Change (%)	-	+6.67%	+265.67%	+1,999.67%
Change	-	+0.0020	+0.0797	+0.5999
Level	-	Minor	Minor	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.0241	0.0256	0.0268	0.0283	0.0295	0.0310	0.0322
Camarilla	0.0273	0.0275	0.0278	0.0280	0.0283	0.0285	0.0287
Woodie	0.0240	0.0255	0.0267	0.0282	0.0294	0.0309	0.0321
Fibonacci	0.0256	0.0266	0.0273	0.0283	0.0293	0.0300	0.0310

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.0237	0.0279	0.0304	0.0346	0.0371	0.0413	0.0438
Camarilla	0.0310	0.0316	0.0322	0.0328	0.0334	0.0340	0.0346
Woodie	0.0228	0.0275	0.0295	0.0342	0.0362	0.0409	0.0429
Fibonacci	0.0279	0.0305	0.0321	0.0346	0.0372	0.0388	0.0413

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.8213	-0.3940	-0.1775	0.2498	0.4663	0.8936	1.1101
Camarilla	-0.1380	-0.0789	-0.0199	0.0391	0.0981	0.1571	0.2162
Woodie	-0.9266	-0.4467	-0.2828	0.1971	0.3610	0.8409	1.0048
Fibonacci	-0.3940	-0.1481	0.0038	0.2498	0.4957	0.6476	0.8936

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):	58.20
MACD (12,26,9):	0.0001
Directional Movement:	19.7074
AROON (14):	42.8572
DEMA (21):	0.0289
Parabolic SAR (0,02-0,02-0,2):	0.0276
Elder Ray (13):	0.0010
Super Trend (3,10):	0.0280
Zig ZAG (10):	0.0300
VORTEX (21):	1.0506
Stochastique (14,3,5):	61.64
TEMA (21):	0.0297
Williams %R (14):	-45.28
Chande Momentum Oscillator (20):	0.0018
Repulse (5,40,3):	-0.2975
ROCnROLL:	-1
TRIX (15,9):	-0.1445
Courbe Coppock:	5.24

MA7:	0.0301
MA20:	0.1242
MA50:	0.3566
MA100:	0.5036
MAexp7:	0.0295
MAexp20:	0.0290
MAexp50:	0.0317
MAexp100:	0.0614
Price / MA7:	-0.33%
Price / MA20:	-75.85%
Price / MA50:	-91.59%
Price / MA100:	-94.04%
Price / MAexp7:	+1.69%
Price / MAexp20:	+3.45%
Price / MAexp50:	-5.36%
Price / MAexp100:	-51.14%

Quotes : - 15 min delayed data - Euronext Paris

News

The latest news and videos published on CASINO GUICHARD at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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