CARREFOUR - 1H - Technical analysis published on 05/17/2024 (GMT)
- 103
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bullish
Technical indicators
67%
0%
33%
My opinion
Neutral between 16.035 EUR and 16.390 EUR
My targets
-
My analysis
A slightly bullish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 16.390 EUR. The first support is located at 16.035 EUR. A very slight advantage is given by the slightly bullish basic trend so that the resistance is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below.
Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.
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.
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CARREFOUR rating is 16.285 EUR. The price registered an increase of +0.37% on the session with the lowest point at 16.225 EUR and the highest point at 16.360 EUR. The deviation from the price is +0.37% for the low point and -0.46% for the high point.16.225
16.360
16.285
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 LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of CARREFOUR indicates that the overall trend is slightly bullish. Only 53.57% of the signals given by moving averages are bullish. This slightly bullish trend could return to neutral given the neutral signals also given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 12 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of channel
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 15.773 | 16.035 | 16.275 | 16.285 | 16.390 | 16.840 | 17.405 |
| Change (%) | -3.14% | -1.54% | -0.06% | - | +0.64% | +3.41% | +6.88% |
| Change | -0.512 | -0.250 | -0.010 | - | +0.105 | +0.555 | +1.120 |
| Level | Minor | Major | Major | - | Intermediate | Major | 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 | 15.958 | 16.032 | 16.128 | 16.202 | 16.298 | 16.372 | 16.468 |
| Camarilla | 16.178 | 16.194 | 16.209 | 16.225 | 16.241 | 16.256 | 16.272 |
| Woodie | 15.970 | 16.038 | 16.140 | 16.208 | 16.310 | 16.378 | 16.480 |
| Fibonacci | 16.032 | 16.097 | 16.137 | 16.202 | 16.267 | 16.307 | 16.372 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.773 | 15.197 | 15.843 | 16.267 | 16.913 | 17.337 | 17.983 |
| Camarilla | 16.196 | 16.294 | 16.392 | 16.490 | 16.588 | 16.686 | 16.784 |
| Woodie | 14.885 | 15.253 | 15.955 | 16.323 | 17.025 | 17.393 | 18.095 |
| Fibonacci | 15.197 | 15.605 | 15.858 | 16.267 | 16.675 | 16.928 | 17.337 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.307 | 14.843 | 15.317 | 15.853 | 16.327 | 16.863 | 17.337 |
| Camarilla | 15.512 | 15.605 | 15.697 | 15.790 | 15.883 | 15.975 | 16.068 |
| Woodie | 14.275 | 14.828 | 15.285 | 15.838 | 16.295 | 16.848 | 17.305 |
| Fibonacci | 14.843 | 15.229 | 15.468 | 15.853 | 16.239 | 16.478 | 16.863 |
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): | 48.10 | |
| MACD (12,26,9): | -0.0530 | |
| Directional Movement: | -0.206 | |
| AROON (14): | 71.428 | |
| DEMA (21): | 16.196 | |
| Parabolic SAR (0,02-0,02-0,2): | 16.048 | |
| Elder Ray (13): | 0.046 | |
| Super Trend (3,10): | 16.447 | |
| Zig ZAG (10): | 16.275 | |
| VORTEX (21): | 0.9620 | |
| Stochastique (14,3,5): | 82.82 | |
| TEMA (21): | 16.178 | |
| Williams %R (14): | -28.07 | |
| Chande Momentum Oscillator (20): | 0.160 | |
| Repulse (5,40,3): | 0.1030 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0840 | |
| Courbe Coppock: | 1.11 |
| MA7: | 16.448 | |
| MA20: | 16.064 | |
| MA50: | 15.899 | |
| MA100: | 15.931 | |
| MAexp7: | 16.261 | |
| MAexp20: | 16.279 | |
| MAexp50: | 16.326 | |
| MAexp100: | 16.240 | |
| Price / MA7: | -0.99% | |
| Price / MA20: | +1.38% | |
| Price / MA50: | +2.43% | |
| Price / MA100: | +2.22% | |
| Price / MAexp7: | +0.15% | |
| Price / MAexp20: | +0.04% | |
| Price / MAexp50: | -0.25% | |
| Price / MAexp100: | +0.28% |
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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