Londinia Opportunities Analyses - 05/06/2024 (GMT) VEOLIA ENVIRON. - 1H

- EUR (-)

- 15 min delayed data - Euronext Paris

Type:	Stocks
Ticker:	VIE
ISIN:	FR0000124141

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: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

17%

My opinion

Bullish above 29.37 EUR

My targets

29.90 EUR (+1.18%)

30.50 EUR (+3.21%)

My analysis

The bullish trend is currently very strong on VEOLIA ENVIRON.. As long as the price remains above the support at 29.37 EUR, you could try to benefit from the boom. The first bullish objective is located at 29.90 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 30.50 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

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 VEOLIA ENVIRON. price is 29.55 EUR. The price registered an increase of +0.54% on the session with the lowest point at 29.46 EUR and the highest point at 29.64 EUR. The deviation from the price is +0.31% for the low point and -0.30% for the high point.

29.46

29.64

29.55

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

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:

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 HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this VEOLIA ENVIRON. 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.

The probability of a further increase is high given the direction of the technical indicators.
Other results related to technical indicators were also found by the Central Indicators scanner:

Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour

Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Bearish harami cross

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	28.59	29.01	29.37	29.55	29.90	30.50
Change (%)	-3.25%	-1.83%	-0.61%	-	+1.18%	+3.21%
Change	-0.96	-0.54	-0.18	-	+0.35	+0.95
Level	Intermediate	Intermediate	Minor	-	Major	Major

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	28.44	28.86	29.13	29.55	29.82	30.24	30.51
Camarilla	29.20	29.26	29.33	29.39	29.45	29.52	29.58
Woodie	28.36	28.82	29.05	29.51	29.74	30.20	30.43
Fibonacci	28.86	29.13	29.29	29.55	29.82	29.98	30.24

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	27.95	28.48	28.93	29.46	29.91	30.44	30.89
Camarilla	29.12	29.21	29.30	29.39	29.48	29.57	29.66
Woodie	27.92	28.46	28.90	29.44	29.88	30.42	30.86
Fibonacci	28.48	28.85	29.08	29.46	29.83	30.06	30.44

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	24.71	26.06	27.63	28.98	30.55	31.90	33.47
Camarilla	28.39	28.66	28.92	29.19	29.46	29.73	29.99
Woodie	24.81	26.12	27.73	29.04	30.65	31.96	33.57
Fibonacci	26.06	27.18	27.87	28.98	30.10	30.79	31.90

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):	57.75
MACD (12,26,9):	0.1000
Directional Movement:	18.82
AROON (14):	57.14
DEMA (21):	29.53
Parabolic SAR (0,02-0,02-0,2):	29.95
Elder Ray (13):	0.10
Super Trend (3,10):	29.21
Zig ZAG (10):	29.57
VORTEX (21):	1.0400
Stochastique (14,3,5):	41.00
TEMA (21):	29.55
Williams %R (14):	-50.57
Chande Momentum Oscillator (20):	0.29
Repulse (5,40,3):	-0.3000
ROCnROLL:	1
TRIX (15,9):	0.0500
Courbe Coppock:	1.76

MA7:	29.18
MA20:	28.78
MA50:	29.17
MA100:	29.21
MAexp7:	29.50
MAexp20:	29.40
MAexp50:	29.24
MAexp100:	29.10
Price / MA7:	+1.27%
Price / MA20:	+2.68%
Price / MA50:	+1.30%
Price / MA100:	+1.16%
Price / MAexp7:	+0.17%
Price / MAexp20:	+0.51%
Price / MAexp50:	+1.06%
Price / MAexp100:	+1.55%

Quotes : - 15 min delayed data - Euronext Paris

News

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