CIE AUTOMOT. - Daily - Technical analysis published on 01/14/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
17%
56%
28%
My opinion
Bearish under 20.97 EUR
My targets
19.73 EUR (-4.32%)
18.80 EUR (-8.84%)
My analysis
The bearish trend is currently very strong for CIE AUTOMOT.. As long as the price remains below the resistance at 20.97 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 19.73 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 18.80 EUR as an objective. Crossing it would then enable sellers to target 16.52 EUR. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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 bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
FORCE
0
10
6.3
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CIE AUTOMOT. price is 20.62 EUR. The price has increased by +0.29% since the last closing and was between 20.56 EUR and 20.64 EUR. This implies that the price is at +0.29% from its lowest and at -0.10% from its highest.20.56
20.64
20.62
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
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:
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 Daily of this CIE AUTOMOT. chart shows a sharp bearish trend. 82.14% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 10 technical indicators on 18 studied are currently positioned bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near support of channel
Type : Bullish
Timeframe : Daily
Horizontal support is broken
Type : Bearish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 14.36 | 16.52 | 19.73 | 20.62 | 20.97 | 23.30 | 24.51 |
| Change (%) | -30.36% | -19.88% | -4.32% | - | +1.70% | +13.00% | +18.87% |
| Change | -6.26 | -4.10 | -0.89 | - | +0.35 | +2.68 | +3.89 |
| Level | Minor | 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 | 20.29 | 20.55 | 20.69 | 20.95 | 21.09 | 21.35 | 21.49 |
| Camarilla | 20.71 | 20.75 | 20.78 | 20.82 | 20.86 | 20.89 | 20.93 |
| Woodie | 20.22 | 20.52 | 20.62 | 20.92 | 21.02 | 21.32 | 21.42 |
| Fibonacci | 20.55 | 20.71 | 20.80 | 20.95 | 21.11 | 21.20 | 21.35 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19.07 | 19.79 | 20.31 | 21.03 | 21.55 | 22.27 | 22.79 |
| Camarilla | 20.48 | 20.59 | 20.71 | 20.82 | 20.93 | 21.05 | 21.16 |
| Woodie | 18.96 | 19.74 | 20.20 | 20.98 | 21.44 | 22.22 | 22.68 |
| Fibonacci | 19.79 | 20.27 | 20.56 | 21.03 | 21.51 | 21.80 | 22.27 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18.80 | 19.58 | 20.33 | 21.11 | 21.86 | 22.65 | 23.40 |
| Camarilla | 20.66 | 20.80 | 20.94 | 21.08 | 21.22 | 21.36 | 21.50 |
| Woodie | 18.78 | 19.57 | 20.31 | 21.11 | 21.85 | 22.64 | 23.38 |
| Fibonacci | 19.58 | 20.17 | 20.53 | 21.11 | 21.70 | 22.06 | 22.65 |
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): | 40.78 | |
| MACD (12,26,9): | -0.1400 | |
| Directional Movement: | -8.31 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 20.98 | |
| Parabolic SAR (0,02-0,02-0,2): | 21.84 | |
| Elder Ray (13): | -0.33 | |
| Super Trend (3,10): | 22.26 | |
| Zig ZAG (10): | 20.56 | |
| VORTEX (21): | 0.9400 | |
| Stochastique (14,3,5): | 19.63 | |
| TEMA (21): | 20.96 | |
| Williams %R (14): | -97.26 | |
| Chande Momentum Oscillator (20): | -0.67 | |
| Repulse (5,40,3): | -3.7300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0800 | |
| Courbe Coppock: | 2.98 |
| MA7: | 21.05 | |
| MA20: | 21.21 | |
| MA50: | 21.52 | |
| MA100: | 21.65 | |
| MAexp7: | 20.98 | |
| MAexp20: | 21.15 | |
| MAexp50: | 21.39 | |
| MAexp100: | 21.65 | |
| Price / MA7: | -2.04% | |
| Price / MA20: | -2.78% | |
| Price / MA50: | -4.18% | |
| Price / MA100: | -4.76% | |
| Price / MAexp7: | -1.72% | |
| Price / MAexp20: | -2.51% | |
| Price / MAexp50: | -3.60% | |
| Price / MAexp100: | -4.76% |
This member declared not having a position on this financial instrument or a related financial instrument.
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