CASINO GUICHARD

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	CO
ISIN:	FR001400OKR3

CASINO GUICHARD - Daily - Technical analysis published on 10/08/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

28%

56%

17%

My opinion

Bearish under 3.1563 EUR

My targets

2.8000 EUR (-4.11%)

My analysis

The bearish trend is currently very strong for CASINO GUICHARD. As long as the price remains below the resistance at 3.1563 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 2.8000 EUR. The bearish momentum would be revived by a break in this support. 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, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

Comment on the 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

CASINO GUICHARD rating 2.9200 EUR. The price has increased by +2.26% since the last closing and was between 2.8145 EUR and 2.9200 EUR. This implies that the price is at +3.75% from its lowest and at 0% from its highest.

2.8145

2.9200

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of CASINO GUICHARD in Daily shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 3 are neutral and 10 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near horizontal support

Type : Bullish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:

White hanging man / hammer

Type : Neutral

Timeframe : Daily

Dragon-fly doji

Type : Bullish

Timeframe : Daily

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	2.8000	2.9200	39.9200	52.5500	70.9500
Change (%)	-4.11%	-	+1,267.12%	+1,699.66%	+2,329.79%
Change	-0.1200	-	+37.0000	+49.6300	+68.0300
Level	Major	-	Minor	Minor	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	2.7395	2.7885	2.8220	2.8710	2.9045	2.9535	2.9870
Camarilla	2.8328	2.8404	2.8479	2.8555	2.8631	2.8706	2.8782
Woodie	2.7318	2.7846	2.8143	2.8671	2.8968	2.9496	2.9793
Fibonacci	2.7885	2.8200	2.8395	2.8710	2.9025	2.9220	2.9535

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.4977	2.6613	2.7507	2.9143	3.0037	3.1673	3.2567
Camarilla	2.7704	2.7936	2.8168	2.8400	2.8632	2.8864	2.9096
Woodie	2.4605	2.6428	2.7135	2.8958	2.9665	3.1488	3.2195
Fibonacci	2.6613	2.7580	2.8177	2.9143	3.0110	3.0707	3.1673

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.0912	2.4983	2.7492	3.1563	3.4072	3.8143	4.0652
Camarilla	2.8191	2.8794	2.9397	3.0000	3.0603	3.1206	3.1810
Woodie	2.0130	2.4593	2.6710	3.1173	3.3290	3.7753	3.9870
Fibonacci	2.4983	2.7497	2.9050	3.1563	3.4077	3.5630	3.8143

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):	37.19
MACD (12,26,9):	-0.1323
Directional Movement:	-16.7613
AROON (14):	-92.8571
DEMA (21):	2.8667
Parabolic SAR (0,02-0,02-0,2):	3.0669
Elder Ray (13):	-0.1071
Super Trend (3,10):	3.1974
Zig ZAG (10):	2.9200
VORTEX (21):	0.7996
Stochastique (14,3,5):	13.91
TEMA (21):	2.8409
Williams %R (14):	-71.10
Chande Momentum Oscillator (20):	-0.0800
Repulse (5,40,3):	-1.2258
ROCnROLL:	2
TRIX (15,9):	-0.5826
Courbe Coppock:	11.94

MA7:	2.9013
MA20:	3.0164
MA50:	3.3072
MA100:	3.5005
MAexp7:	2.9169
MAexp20:	3.0425
MAexp50:	3.4630
MAexp100:	7.5877
Price / MA7:	+0.64%
Price / MA20:	-3.20%
Price / MA50:	-11.71%
Price / MA100:	-16.58%
Price / MAexp7:	+0.11%
Price / MAexp20:	-4.03%
Price / MAexp50:	-15.68%
Price / MAexp100:	-61.52%

Quotes : - 15 min delayed data - Euronext Paris

News

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

This member declared not having a position on this financial instrument or a related financial instrument.

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