THALES
THALES
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: HO
ISIN: FR0000121329

THALES - 1H - Technical analysis published on 02/26/2024 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 138.02 EUR
My targets
141.85 EUR (+2.12%)
143.54 EUR (+3.34%)
My analysis
The bullish trend is currently very strong on THALES. As long as the price remains above the support at 138.02 EUR, you could try to benefit from the boom. The first bullish objective is located at 141.85 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 143.54 EUR as an objective. 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
0
10
8.4

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:
15 min. Daily Weekly

Additional analysis

Quotes

THALES rating 138.90 EUR. The price registered an increase of +2.43% on the session with the lowest point at 135.05 EUR and the highest point at 138.95 EUR. The deviation from the price is +2.85% for the low point and -0.04% for the high point.

135.05
138.95
138.90

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of THALES in 1H shows a strongly overall bullish trend. 89.29% 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 is currently detecting a bullish signal that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : 1 hour



In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

Pivot points : price is over resistance 2

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 several results that can have an impact on the price change:

Central Patterns

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
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 135.45 137.00 138.02 138.90 139.48 141.85 143.54
Change (%) -2.48% -1.37% -0.63% - +0.42% +2.12% +3.34%
Change -3.45 -1.90 -0.88 - +0.58 +2.95 +4.64
Level Intermediate Intermediate Major - Major Major Intermediate



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard131.38132.67134.13135.42136.88138.17139.63
Camarilla134.84135.10135.35135.60135.85136.10136.36
Woodie131.48132.71134.23135.46136.98138.21139.73
Fibonacci132.67133.72134.37135.42136.47137.12138.17


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard125.35129.00132.30135.95139.25142.90146.20
Camarilla133.69134.33134.96135.60136.24136.87137.51
Woodie125.18128.91132.13135.86139.08142.81146.03
Fibonacci129.00131.66133.30135.95138.61140.25142.90


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard120.75126.45130.90136.60141.05146.75151.20
Camarilla132.56133.49134.42135.35136.28137.21138.14
Woodie120.13126.14130.28136.29140.43146.44150.58
Fibonacci126.45130.33132.72136.60140.48142.87146.75

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): 72.17
MACD (12,26,9): 0.9100
Directional Movement: 28.31
AROON (14): 35.72
DEMA (21): 137.70
Parabolic SAR (0,02-0,02-0,2): 136.16
Elder Ray (13): 1.65
Super Trend (3,10): 136.79
Zig ZAG (10): 138.90
VORTEX (21): 1.3200
Stochastique (14,3,5): 94.51
TEMA (21): 138.57
Williams %R (14): -2.56
Chande Momentum Oscillator (20): 2.60
Repulse (5,40,3): 0.7600
ROCnROLL: 1
TRIX (15,9): 0.0600
Courbe Coppock: 3.87
MA7: 136.19
MA20: 135.79
MA50: 135.83
MA100: 136.72
MAexp7: 137.92
MAexp20: 136.68
MAexp50: 136.04
MAexp100: 135.93
Price / MA7: +1.99%
Price / MA20: +2.29%
Price / MA50: +2.26%
Price / MA100: +1.59%
Price / MAexp7: +0.71%
Price / MAexp20: +1.62%
Price / MAexp50: +2.10%
Price / MAexp100: +2.18%

Quotes : - 15 min delayed data - Euronext Paris

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

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