TOTALENERGIES

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	TTE
ISIN:	FR0000120271

TOTALENERGIES - 1H - Technical analysis published on 03/13/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

94%

My opinion

Bullish above 60.90 EUR

My targets

62.48 EUR (+1.79%)

63.81 EUR (+3.96%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on TOTALENERGIES as long as the price remains well above 60.90 EUR. The buyers' bullish objective is set at 62.48 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 63.81 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

9.1

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

The TOTALENERGIES price is 61.38 EUR. On the day, this instrument gained +1.17% with the lowest point at 60.53 EUR and the highest point at 61.42 EUR. The deviation from the price is +1.40% for the low point and -0.07% for the high point.

60.53

61.42

61.38

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

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this TOTALENERGIES chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

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

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour

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:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	60.25	60.46	60.90	61.38	62.48	63.81
Change (%)	-1.84%	-1.50%	-0.78%	-	+1.79%	+3.96%
Change	-1.13	-0.92	-0.48	-	+1.10	+2.43
Level	Minor	Major	Intermediate	-	Major	Intermediate

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	59.76	60.04	60.35	60.63	60.94	61.22	61.53
Camarilla	60.51	60.56	60.62	60.67	60.72	60.78	60.83
Woodie	59.79	60.05	60.38	60.64	60.97	61.23	61.56
Fibonacci	60.04	60.26	60.40	60.63	60.85	60.99	61.22

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	56.91	57.81	58.93	59.83	60.95	61.85	62.97
Camarilla	59.50	59.68	59.87	60.05	60.24	60.42	60.61
Woodie	57.02	57.87	59.04	59.89	61.06	61.91	63.08
Fibonacci	57.81	58.58	59.06	59.83	60.60	61.08	61.85

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	53.98	55.78	57.39	59.19	60.80	62.60	64.21
Camarilla	58.05	58.37	58.68	58.99	59.30	59.62	59.93
Woodie	53.88	55.73	57.29	59.14	60.70	62.55	64.11
Fibonacci	55.78	57.09	57.89	59.19	60.50	61.30	62.60

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):	72.40
MACD (12,26,9):	0.3100
Directional Movement:	18.96
AROON (14):	100.00
DEMA (21):	61.07
Parabolic SAR (0,02-0,02-0,2):	60.19
Elder Ray (13):	0.47
Super Trend (3,10):	60.59
Zig ZAG (10):	61.35
VORTEX (21):	1.1800
Stochastique (14,3,5):	97.72
TEMA (21):	61.21
Williams %R (14):	0.00
Chande Momentum Oscillator (20):	0.70
Repulse (5,40,3):	0.8200
ROCnROLL:	1
TRIX (15,9):	0.0600
Courbe Coppock:	2.76

MA7:	60.19
MA20:	59.66
MA50:	59.69
MA100:	60.56
MAexp7:	61.08
MAexp20:	60.70
MAexp50:	60.28
MAexp100:	59.96
Price / MA7:	+1.98%
Price / MA20:	+2.88%
Price / MA50:	+2.83%
Price / MA100:	+1.35%
Price / MAexp7:	+0.49%
Price / MAexp20:	+1.12%
Price / MAexp50:	+1.82%
Price / MAexp100:	+2.37%

Quotes : - 15 min delayed data - Euronext Paris

News

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

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

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