Londinia Opportunities Analyses - 05/03/2024 (GMT) FNAC DARTY - 1H

- EUR (-)

- 15 min delayed data - Euronext Paris

Type:	Stocks
Ticker:	FNAC
ISIN:	FR0011476928

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: Bullish

Underlying: Strongly bullish

Technical indicators

67%

11%

22%

My opinion

Bullish above 32.52 EUR

My targets

33.80 EUR (+2.27%)

34.72 EUR (+5.04%)

My analysis

The basic bullish trend is very strong on FNAC DARTY but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 32.52 EUR. Crossing the first resistance at 33.80 EUR would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 34.72 EUR as an objective. Crossing it would then enable buyers to target 37.03 EUR. Caution, a return to below 32.52 EUR would be a sign of a consolidation phase in the short-term basic trend. 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

7.1

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Additional analysis

Quotes

The FNAC DARTY rating is 33.05 EUR. The price has increased by +2.01% since the last closing and was traded between 32.60 EUR and 33.10 EUR over the period. The price is currently at +1.38% from its lowest and -0.15% from its highest.

32.60

33.10

33.05

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

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:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of FNAC DARTY indicates that the overall trend is strongly bullish. The signals given by moving averages are 89.29% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

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 : 1 hour

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour

MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour

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

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	31.08	31.55	32.52	33.05	33.80	37.03	43.05
Change (%)	-5.96%	-4.54%	-1.60%	-	+2.27%	+12.04%	+30.26%
Change	-1.97	-1.50	-0.53	-	+0.75	+3.98	+10.00
Level	Major	Intermediate	Major	-	Intermediate	Intermediate	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	31.57	31.93	32.17	32.53	32.77	33.13	33.37
Camarilla	32.24	32.29	32.35	32.40	32.46	32.51	32.57
Woodie	31.50	31.90	32.10	32.50	32.70	33.10	33.30
Fibonacci	31.93	32.16	32.30	32.53	32.76	32.90	33.13

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	27.98	29.02	30.83	31.87	33.68	34.72	36.53
Camarilla	31.87	32.13	32.39	32.65	32.91	33.17	33.43
Woodie	28.38	29.21	31.23	32.06	34.08	34.91	36.93
Fibonacci	29.02	30.11	30.78	31.87	32.96	33.63	34.72

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	24.88	26.82	29.93	31.87	34.98	36.92	40.03
Camarilla	31.66	32.12	32.59	33.05	33.51	33.98	34.44
Woodie	25.48	27.11	30.53	32.16	35.58	37.21	40.63
Fibonacci	26.82	28.75	29.94	31.87	33.80	34.99	36.92

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):	56.85
MACD (12,26,9):	0.0100
Directional Movement:	14.73
AROON (14):	-7.14
DEMA (21):	32.85
Parabolic SAR (0,02-0,02-0,2):	32.35
Elder Ray (13):	0.19
Super Trend (3,10):	33.07
Zig ZAG (10):	33.05
VORTEX (21):	0.8600
Stochastique (14,3,5):	63.41
TEMA (21):	32.68
Williams %R (14):	-6.25
Chande Momentum Oscillator (20):	0.55
Repulse (5,40,3):	0.3600
ROCnROLL:	1
TRIX (15,9):	-0.0100
Courbe Coppock:	2.52

MA7:	32.54
MA20:	31.09
MA50:	29.11
MA100:	27.36
MAexp7:	32.84
MAexp20:	32.82
MAexp50:	32.55
MAexp100:	31.94
Price / MA7:	+1.57%
Price / MA20:	+6.30%
Price / MA50:	+13.53%
Price / MA100:	+20.80%
Price / MAexp7:	+0.64%
Price / MAexp20:	+0.70%
Price / MAexp50:	+1.54%
Price / MAexp100:	+3.48%

Quotes : - 15 min delayed data - Euronext Paris

News

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