CARREFOUR - 1H - Technical analysis published on 11/11/2024 (GMT)
- 101
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Slightly bullish
Technical indicators
22%
39%
39%
My opinion
Neutral between 14.924 EUR and 15.169 EUR
My targets
-
My analysis
The basic trend is slightly bullish and the short term is tentatively bearish. With such a pattern, the price could just as easily move towards the first support as the first resistance. The first support is located at 14.924 EUR. The first resistance is located at 15.169 EUR. With no basic trend, it will be important to monitor the reaction of the price to the levels cited. A bearish break in the support could quickly reverse the basic trend. A bullish break in resistance would be welcome to boost the slightly bullish basic trend. On the other hand, if the price is blocked by support or resistance, it could be attractive to trade against the trend on the last short-term movement registered by CARREFOUR.
Technical indicators are neutral in the very short term and are not able to influence the opinion of this analysis.
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.
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Additional analysis
Quotes
CARREFOUR rating 15.000 EUR. On the day, this instrument lost -0.53% and was traded between 14.910 EUR and 15.175 EUR over the period. The price is currently at +0.60% from its lowest and -1.15% from its highest.14.910
15.175
15.000
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
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of CARREFOUR in 1H shows an overall slightly bullish trend. 60.71% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently given by short-term moving averages indicate that the overall trend could be reversed. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bearish signals that could support the hypothesis of a small drop in the very short term:
Bearish harami
Type : Bearish
Timeframe : 1 hour
Bearish harami cross
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 14.548 | 14.734 | 14.924 | 15.000 | 15.169 | 15.332 | 15.602 |
| Change (%) | -3.01% | -1.77% | -0.51% | - | +1.13% | +2.21% | +4.01% |
| Change | -0.452 | -0.266 | -0.076 | - | +0.169 | +0.332 | +0.602 |
| 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 | 14.652 | 14.803 | 14.942 | 15.093 | 15.232 | 15.383 | 15.522 |
| Camarilla | 15.000 | 15.027 | 15.053 | 15.080 | 15.107 | 15.133 | 15.160 |
| Woodie | 14.645 | 14.800 | 14.935 | 15.090 | 15.225 | 15.380 | 15.515 |
| Fibonacci | 14.803 | 14.914 | 14.983 | 15.093 | 15.204 | 15.273 | 15.383 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.943 | 14.347 | 14.713 | 15.117 | 15.483 | 15.887 | 16.253 |
| Camarilla | 14.868 | 14.939 | 15.009 | 15.080 | 15.151 | 15.221 | 15.292 |
| Woodie | 13.925 | 14.338 | 14.695 | 15.108 | 15.465 | 15.878 | 16.235 |
| Fibonacci | 14.347 | 14.641 | 14.823 | 15.117 | 15.411 | 15.593 | 15.887 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.580 | 13.445 | 13.990 | 14.855 | 15.400 | 16.265 | 16.810 |
| Camarilla | 14.147 | 14.277 | 14.406 | 14.535 | 14.664 | 14.794 | 14.923 |
| Woodie | 12.420 | 13.365 | 13.830 | 14.775 | 15.240 | 16.185 | 16.650 |
| Fibonacci | 13.445 | 13.984 | 14.316 | 14.855 | 15.394 | 15.726 | 16.265 |
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): | 46.14 | |
| MACD (12,26,9): | -0.0080 | |
| Directional Movement: | -4.544 | |
| AROON (14): | -21.429 | |
| DEMA (21): | 15.039 | |
| Parabolic SAR (0,02-0,02-0,2): | 15.178 | |
| Elder Ray (13): | -0.037 | |
| Super Trend (3,10): | 15.246 | |
| Zig ZAG (10): | 14.985 | |
| VORTEX (21): | 0.9810 | |
| Stochastique (14,3,5): | 19.40 | |
| TEMA (21): | 14.994 | |
| Williams %R (14): | -77.61 | |
| Chande Momentum Oscillator (20): | -0.140 | |
| Repulse (5,40,3): | -0.1260 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0130 | |
| Courbe Coppock: | 0.93 |
| MA7: | 14.954 | |
| MA20: | 14.863 | |
| MA50: | 15.122 | |
| MA100: | 14.582 | |
| MAexp7: | 15.006 | |
| MAexp20: | 15.037 | |
| MAexp50: | 14.989 | |
| MAexp100: | 14.934 | |
| Price / MA7: | +0.31% | |
| Price / MA20: | +0.92% | |
| Price / MA50: | -0.81% | |
| Price / MA100: | +2.87% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | -0.25% | |
| Price / MAexp50: | +0.07% | |
| Price / MAexp100: | +0.44% |
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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