FRANCAISE ENERGIE
FRANCAISE ENERGIE
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: FDE
ISIN: FR0013030152

FRANCAISE ENERGIE - Weekly - Technical analysis published on 06/28/2024 (GMT)

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  • Timeframe : Weekly
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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under 31.99 EUR
My targets
28.53 EUR (-1.61%)
24.12 EUR (-16.83%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on FRANCAISE ENERGIE as long as the price remains well below 31.99 EUR. The sellers' bearish objective is set at 28.53 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 24.12 EUR. In case of crossing, the next objective would be the support located at 19.70 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
7.3

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 pierrott. Take part yourself by sharing additional analysis on another time unit:
1H Daily

Additional analysis

Quotes

FRANCAISE ENERGIE rating 29.00 EUR. The price registered a decrease of -2.85% over 5 days and has been traded over the last 5 days between 28.10 EUR and 30.10 EUR. This implies that the 5 day price is +3.20% from its lowest point and -3.65% from its highest point.

28.10
30.10
29.00

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

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:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

New LOW record (1 year)

Type : Bearish

Timeframe : Weekly


New LOW record (1st january)

Type : Bearish

Timeframe : Weekly


New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of FRANCAISE ENERGIE in Weekly 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 3 are neutral and 11 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Weekly


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Weekly

The Central Indicators scanner found no further results concerning independent technical indicators.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Support of channel is broken

Type : Bearish

Timeframe : Weekly



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
ProTrendLines 19.70 24.12 29.00 31.99 39.27 52.78
Change (%) -32.07% -16.83% - +10.31% +35.41% +82.00%
Change -9.30 -4.88 - +2.99 +10.27 +23.78
Level Intermediate Minor - Intermediate Major Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard27.0327.5728.3328.8729.6330.1730.93
Camarilla28.7428.8628.9829.1029.2229.3429.46
Woodie27.1527.6328.4528.9329.7530.2331.05
Fibonacci27.5728.0628.3728.8729.3629.6730.17


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard23.4826.2228.0330.7732.5835.3237.13
Camarilla28.6029.0229.4329.8530.2730.6831.10
Woodie23.0325.9927.5830.5432.1335.0936.68
Fibonacci26.2227.9629.0330.7732.5133.5835.32


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard28.5331.2734.5337.2740.5343.2746.53
Camarilla36.1536.7037.2537.8038.3538.9039.45
Woodie28.8031.4034.8037.4040.8043.4046.80
Fibonacci31.2733.5634.9837.2739.5640.9843.27

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): 31.59
MACD (12,26,9): -2.8900
Directional Movement: -15.18
AROON (14): -28.57
DEMA (21): 32.23
Parabolic SAR (0,02-0,02-0,2): 39.56
Elder Ray (13): -5.13
Super Trend (3,10): 39.70
Zig ZAG (10): 29.10
VORTEX (21): 0.7600
Stochastique (14,3,5): 9.40
TEMA (21): 30.64
Williams %R (14): -91.60
Chande Momentum Oscillator (20): -5.90
Repulse (5,40,3): -17.6900
ROCnROLL: 2
TRIX (15,9): -0.8900
Courbe Coppock: 24.63
MA7: 29.79
MA20: 32.59
MA50: 34.68
MA100: 36.52
MAexp7: 32.50
MAexp20: 35.81
MAexp50: 39.22
MAexp100: 39.78
Price / MA7: -2.65%
Price / MA20: -11.02%
Price / MA50: -16.38%
Price / MA100: -20.59%
Price / MAexp7: -10.77%
Price / MAexp20: -19.02%
Price / MAexp50: -26.06%
Price / MAexp100: -27.10%

Quotes : - 15 min delayed data - Euronext Paris

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

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