Londinia Opportunities Analyses - 05/03/2024 (GMT) JCDECAUX - 1H
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EUR
(-)
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15 min delayed data - Euronext Paris
| Type: | Stocks |
| Ticker: | DEC |
| ISIN: | FR0000077919 |
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
- Europe Stocks
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 20.76 EUR
My targets
22.62 EUR (+6.01%)
24.24 EUR (+13.59%)
My analysis
JCDECAUX is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 20.76 EUR. The next resistance located at 22.62 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 24.24 EUR. After this resistance, buyers could then target 26.10 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
8.2
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.
Additional analysis
Quotes
The JCDECAUX price is 21.34 EUR. The price registered an increase of +8.49% on the session and was traded between 21.14 EUR and 22.22 EUR over the period. The price is currently at +0.95% from its lowest and -3.96% from its highest.21.14
22.22
21.34
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of JCDECAUX in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong 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.
In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 19.24 | 19.62 | 19.92 | 21.34 | 22.71 | 24.24 | 26.10 |
| Change (%) | -9.84% | -8.06% | -6.65% | - | +6.42% | +13.59% | +22.31% |
| Change | -2.10 | -1.72 | -1.42 | - | +1.37 | +2.90 | +4.76 |
| Level | Major | Intermediate | Major | - | Major | Minor | 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 | 18.94 | 19.22 | 19.45 | 19.73 | 19.96 | 20.24 | 20.47 |
| Camarilla | 19.53 | 19.58 | 19.62 | 19.67 | 19.72 | 19.76 | 19.81 |
| Woodie | 18.91 | 19.21 | 19.42 | 19.72 | 19.93 | 20.23 | 20.44 |
| Fibonacci | 19.22 | 19.42 | 19.54 | 19.73 | 19.93 | 20.05 | 20.24 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18.24 | 18.60 | 19.08 | 19.44 | 19.92 | 20.28 | 20.76 |
| Camarilla | 19.33 | 19.41 | 19.48 | 19.56 | 19.64 | 19.71 | 19.79 |
| Woodie | 18.30 | 18.63 | 19.14 | 19.47 | 19.98 | 20.31 | 20.82 |
| Fibonacci | 18.60 | 18.92 | 19.12 | 19.44 | 19.76 | 19.96 | 20.28 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 16.14 | 16.99 | 18.30 | 19.15 | 20.46 | 21.31 | 22.62 |
| Camarilla | 19.03 | 19.22 | 19.42 | 19.62 | 19.82 | 20.02 | 20.21 |
| Woodie | 16.38 | 17.11 | 18.54 | 19.27 | 20.70 | 21.43 | 22.86 |
| Fibonacci | 16.99 | 17.81 | 18.32 | 19.15 | 19.97 | 20.48 | 21.31 |
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): | 68.17 | |
| MACD (12,26,9): | 0.4500 | |
| Directional Movement: | 30.46 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 21.04 | |
| Parabolic SAR (0,02-0,02-0,2): | 19.94 | |
| Elder Ray (13): | 0.52 | |
| Super Trend (3,10): | 20.68 | |
| Zig ZAG (10): | 21.36 | |
| VORTEX (21): | 0.9300 | |
| Stochastique (14,3,5): | 67.04 | |
| TEMA (21): | 21.33 | |
| Williams %R (14): | -31.73 | |
| Chande Momentum Oscillator (20): | 1.44 | |
| Repulse (5,40,3): | -0.4500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2100 | |
| Courbe Coppock: | 13.19 |
| MA7: | 19.85 | |
| MA20: | 19.10 | |
| MA50: | 18.57 | |
| MA100: | 18.36 | |
| MAexp7: | 21.10 | |
| MAexp20: | 20.52 | |
| MAexp50: | 20.03 | |
| MAexp100: | 19.63 | |
| Price / MA7: | +7.51% | |
| Price / MA20: | +11.73% | |
| Price / MA50: | +14.92% | |
| Price / MA100: | +16.23% | |
| Price / MAexp7: | +1.14% | |
| Price / MAexp20: | +4.00% | |
| Price / MAexp50: | +6.54% | |
| Price / MAexp100: | +8.71% |
Quotes :
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15 min delayed data
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Euronext Paris
News
The latest news and videos published on JCDECAUX at the time of the analysis were as follows:
- JCDecaux publishes the results of a study that measures the socioeconomic footprint of its activities worldwide and in France
- JCDecaux gains Ipsos validation for its global metro audience measurement
- JCDecaux : Information concerning the availability of all the explanatory documentation to the Combined General Meeting to be held on May 7, 2024
- JCDecaux : Publication of the 2023 Universal Registration Document
- “6 become 7”: Software République welcomes JCDecaux, paving the way for new open-innovation opportunities for cities and citizens.