CARREFOUR - 1H - Technical analysis published on 08/08/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bearish
Technical indicators
22%
33%
44%
My opinion
Bearish under 18.329 EUR
My targets
17.376 EUR (-3.81%)
17.061 EUR (-5.56%)
My analysis
CARREFOUR is currently trying to strengthen its basic trend with a very bearish short term. As long as the price remains below 18.329 EUR, traders may consider taking advantage of this bearish acceleration and setting themselves to trade only in short positions (for sale). Sellers will encounter the support at 17.376 EUR. A bearish break in this support would confirm a continuation of the bearish acceleration. The next support located at 17.061 EUR would then be the next bearish objective for sellers. Crossing it would then enable sellers to target 16.811 EUR. Beware of a possible return to above the resistance located at 18.329 EUR which would be a sign of a correction of the short-term bearish excesses registered.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
2.9
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Additional analysis
Quotes
The CARREFOUR price is 18.065 EUR. The price is lower by -0.19% since the last closing and was between 18.015 EUR and 18.155 EUR. This implies that the price is at +0.28% from its lowest and at -0.50% from its highest.18.015
18.155
18.065
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CARREFOUR:
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
Technical analysis of CARREFOUR in 1H shows an overall slightly bearish trend. Only 57.14% of the signals given by moving averages are bearish. This slightly bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 17.061 | 17.376 | 18.017 | 18.065 | 18.329 | 18.535 | 18.720 |
| Change (%) | -5.56% | -3.81% | -0.27% | - | +1.46% | +2.60% | +3.63% |
| Change | -1.004 | -0.689 | -0.048 | - | +0.264 | +0.470 | +0.655 |
| Level | Intermediate | Major | Intermediate | - | Major | 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 | 17.813 | 17.917 | 18.008 | 18.112 | 18.203 | 18.307 | 18.398 |
| Camarilla | 18.046 | 18.064 | 18.082 | 18.100 | 18.118 | 18.136 | 18.154 |
| Woodie | 17.808 | 17.914 | 18.003 | 18.109 | 18.198 | 18.304 | 18.393 |
| Fibonacci | 17.917 | 17.991 | 18.037 | 18.112 | 18.186 | 18.232 | 18.307 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17.418 | 17.717 | 17.938 | 18.237 | 18.458 | 18.757 | 18.978 |
| Camarilla | 18.017 | 18.065 | 18.112 | 18.160 | 18.208 | 18.255 | 18.303 |
| Woodie | 17.380 | 17.698 | 17.900 | 18.218 | 18.420 | 18.738 | 18.940 |
| Fibonacci | 17.717 | 17.915 | 18.038 | 18.237 | 18.435 | 18.558 | 18.757 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.017 | 15.863 | 17.027 | 17.873 | 19.037 | 19.883 | 21.047 |
| Camarilla | 17.637 | 17.822 | 18.006 | 18.190 | 18.374 | 18.559 | 18.743 |
| Woodie | 15.175 | 15.943 | 17.185 | 17.953 | 19.195 | 19.963 | 21.205 |
| Fibonacci | 15.863 | 16.631 | 17.106 | 17.873 | 18.641 | 19.116 | 19.883 |
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): | 44.69 | |
| MACD (12,26,9): | -0.0320 | |
| Directional Movement: | -14.896 | |
| AROON (14): | -85.714 | |
| DEMA (21): | 18.096 | |
| Parabolic SAR (0,02-0,02-0,2): | 18.182 | |
| Elder Ray (13): | -0.021 | |
| Super Trend (3,10): | 18.320 | |
| Zig ZAG (10): | 18.095 | |
| VORTEX (21): | 0.9080 | |
| Stochastique (14,3,5): | 42.15 | |
| TEMA (21): | 18.087 | |
| Williams %R (14): | -65.22 | |
| Chande Momentum Oscillator (20): | -0.065 | |
| Repulse (5,40,3): | 0.1410 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0280 | |
| Courbe Coppock: | 0.98 |
| MA7: | 18.204 | |
| MA20: | 17.813 | |
| MA50: | 17.141 | |
| MA100: | 17.368 | |
| MAexp7: | 18.110 | |
| MAexp20: | 18.139 | |
| MAexp50: | 18.169 | |
| MAexp100: | 18.072 | |
| Price / MA7: | -0.76% | |
| Price / MA20: | +1.41% | |
| Price / MA50: | +5.39% | |
| Price / MA100: | +4.01% | |
| Price / MAexp7: | -0.25% | |
| Price / MAexp20: | -0.41% | |
| Price / MAexp50: | -0.57% | |
| Price / MAexp100: | -0.04% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The last news published on CARREFOUR at the time of the generation of this analysis was as follows:
- Carrefour and MoneyGram Join Forces to Broaden Financial Service Offerings to Carrefour Customers
- First Store in Yilan City, Taiwan! 2ND STREET TAIWAN CO., LTD. to Open an Eighteenth Store in Taiwan, 2nd STREET Carrefour Yilan Store, on March 17, 2023
- The Centre commits over $800,000 to the Ottawa Food Bank, Carrefour Solidaire Community Food Centre, and the Northern Manitoba Food, Culture, and Community Collaborative
- Carrefour: Information Concerning the Total Number of Voting Rights and Shares, Provided Pursuant to Article L.233-8 II of the Code de commerce (French Commercial Code) and article 223-16 of the Règlement général de l’Autorité des marchés financiers
- Carrefour expands branded Gift Card partnership with Blackhawk Network across its territories
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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