CEGEDIM - Daily - Technical analysis published on 02/28/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under 17.44 EUR
My targets
15.76 EUR (-6.52%)
13.33 EUR (-20.94%)
My analysis
CEGEDIM is currently trying to strengthen its basic trend with a very bearish short term. As long as the price remains below 17.44 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 15.76 EUR. A bearish break in this support would confirm a continuation of the bearish acceleration. The next support located at 13.33 EUR would then be the next bearish objective for sellers. Beware of a possible return to above the resistance located at 17.44 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
3.4
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CEGEDIM price is 16.86 EUR. The price is lower by -0.12% since the last closing with the lowest point at 16.82 EUR and the highest point at 17.00 EUR. The deviation from the price is +0.24% for the low point and -0.82% for the high point.16.82
17.00
16.86
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CEGEDIM:
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of CEGEDIM in Daily shows an overall slightly bearish trend. 53.57% of the signals given by moving averages are bearish. This slightly bearish trend could be reinforced by the strong bearish signals given by short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : Daily
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : Daily
On the 18 technical indicators analysed, 4 are bullish, 3 are neutral and 11 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
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 : Daily
Support of channel is broken
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 13.33 | 15.76 | 16.76 | 16.86 | 19.51 | 21.77 | 24.46 |
| Change (%) | -20.94% | -6.52% | -0.59% | - | +15.72% | +29.12% | +45.08% |
| Change | -3.53 | -1.10 | -0.10 | - | +2.65 | +4.91 | +7.60 |
| Level | Major | Minor | Intermediate | - | Intermediate | Intermediate | Minor |
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 | 16.33 | 16.57 | 16.73 | 16.97 | 17.13 | 17.37 | 17.53 |
| Camarilla | 16.77 | 16.81 | 16.84 | 16.88 | 16.92 | 16.95 | 16.99 |
| Woodie | 16.28 | 16.55 | 16.68 | 16.95 | 17.08 | 17.35 | 17.48 |
| Fibonacci | 16.57 | 16.73 | 16.82 | 16.97 | 17.13 | 17.22 | 17.37 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 16.53 | 16.79 | 16.99 | 17.25 | 17.45 | 17.71 | 17.91 |
| Camarilla | 17.07 | 17.12 | 17.16 | 17.20 | 17.24 | 17.28 | 17.33 |
| Woodie | 16.51 | 16.78 | 16.97 | 17.24 | 17.43 | 17.70 | 17.89 |
| Fibonacci | 16.79 | 16.96 | 17.07 | 17.25 | 17.42 | 17.53 | 17.71 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.70 | 12.76 | 15.38 | 17.44 | 20.06 | 22.12 | 24.74 |
| Camarilla | 16.71 | 17.14 | 17.57 | 18.00 | 18.43 | 18.86 | 19.29 |
| Woodie | 10.98 | 12.90 | 15.66 | 17.58 | 20.34 | 22.26 | 25.02 |
| Fibonacci | 12.76 | 14.55 | 15.65 | 17.44 | 19.23 | 20.33 | 22.12 |
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): | 39.44 | |
| MACD (12,26,9): | -0.1200 | |
| Directional Movement: | -10.43 | |
| AROON (14): | -92.86 | |
| DEMA (21): | 17.32 | |
| Parabolic SAR (0,02-0,02-0,2): | 17.44 | |
| Elder Ray (13): | -0.37 | |
| Super Trend (3,10): | 18.05 | |
| Zig ZAG (10): | 16.86 | |
| VORTEX (21): | 0.8200 | |
| Stochastique (14,3,5): | 8.02 | |
| TEMA (21): | 16.90 | |
| Williams %R (14): | -96.30 | |
| Chande Momentum Oscillator (20): | -0.68 | |
| Repulse (5,40,3): | -2.7900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 9.16 |
| MA7: | 17.13 | |
| MA20: | 17.55 | |
| MA50: | 17.07 | |
| MA100: | 16.20 | |
| MAexp7: | 17.11 | |
| MAexp20: | 17.38 | |
| MAexp50: | 17.13 | |
| MAexp100: | 17.16 | |
| Price / MA7: | -1.58% | |
| Price / MA20: | -3.93% | |
| Price / MA50: | -1.23% | |
| Price / MA100: | +4.07% | |
| Price / MAexp7: | -1.46% | |
| Price / MAexp20: | -2.99% | |
| Price / MAexp50: | -1.58% | |
| Price / MAexp100: | -1.75% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
Don't forget to follow the news on CEGEDIM. At the time of publication of this analysis, the latest news was as follows:
- NetEDI changes its name to Cegedim e-business
- Cegedim: Growth continued in the third quarter of 2022
- Cegedim: Half-year liquidity contract statement
- Cegedim signs investment agreement and enters first-of-its-kind strategic industrial partnership with Malakoff Humanis group, Groupe VYV, and PRO BTP Group
- Cegedim: 2022 off to a promising start
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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