FRANCAISE ENERGIE - 1H - Technical analysis published on 07/22/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bearish
Technical indicators
67%
6%
28%
My opinion
Bullish above 29.03 EUR
My targets
30.27 EUR (+2.95%)
30.95 EUR (+5.27%)
My analysis
The strong short-term increase in FRANCAISE ENERGIE calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 29.03 EUR, you could consider taking advantage of the short-term movement. The first bullish objective is located at 30.27 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 30.95 EUR as an objective. Crossing it would then enable buyers to target 31.99 EUR. Caution, a return under 29.03 EUR could jeopardize the reversal.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
2.7
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This analysis was given by pierrott. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The FRANCAISE ENERGIE price is 29.40 EUR. The price has increased by +0.69% since the last closing and was traded between 29.20 EUR and 29.40 EUR over the period. The price is currently at +0.68% from its lowest and 0% from its highest.29.20
29.40
29.40
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this FRANCAISE ENERGIE chart shows a slightly bearish trend. Only 53.57% of the signals given by moving averages are bearish. This slightly bearish trend could quickly be reversed due to the strong bullish signals currently being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Moving Average bullish crossovers : MA20 & MA50
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. The Central Indicators scanner found this result concerning these indicators:
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 28.60 | 29.03 | 29.39 | 29.40 | 30.95 | 31.99 | 32.74 |
| Change (%) | -2.72% | -1.26% | -0.03% | - | +5.27% | +8.81% | +11.36% |
| Change | -0.80 | -0.37 | -0.01 | - | +1.55 | +2.59 | +3.34 |
| Level | Major | Intermediate | Major | - | Minor | Major | Minor |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 28.47 | 28.73 | 28.97 | 29.23 | 29.47 | 29.73 | 29.97 |
| Camarilla | 29.06 | 29.11 | 29.15 | 29.20 | 29.25 | 29.29 | 29.34 |
| Woodie | 28.45 | 28.73 | 28.95 | 29.23 | 29.45 | 29.73 | 29.95 |
| Fibonacci | 28.73 | 28.92 | 29.04 | 29.23 | 29.42 | 29.54 | 29.73 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 27.33 | 27.87 | 28.53 | 29.07 | 29.73 | 30.27 | 30.93 |
| Camarilla | 28.87 | 28.98 | 29.09 | 29.20 | 29.31 | 29.42 | 29.53 |
| Woodie | 27.40 | 27.90 | 28.60 | 29.10 | 29.80 | 30.30 | 31.00 |
| Fibonacci | 27.87 | 28.33 | 28.61 | 29.07 | 29.53 | 29.81 | 30.27 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.70 | 20.90 | 24.75 | 31.95 | 35.80 | 43.00 | 46.85 |
| Camarilla | 25.56 | 26.57 | 27.59 | 28.60 | 29.61 | 30.63 | 31.64 |
| Woodie | 12.03 | 20.06 | 23.08 | 31.11 | 34.13 | 42.16 | 45.18 |
| Fibonacci | 20.90 | 25.12 | 27.73 | 31.95 | 36.17 | 38.78 | 43.00 |
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): | 55.29 | |
| MACD (12,26,9): | 0.0700 | |
| Directional Movement: | 22.06 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 29.16 | |
| Parabolic SAR (0,02-0,02-0,2): | 29.16 | |
| Elder Ray (13): | 0.14 | |
| Super Trend (3,10): | 28.62 | |
| Zig ZAG (10): | 29.25 | |
| VORTEX (21): | 1.0800 | |
| Stochastique (14,3,5): | 63.10 | |
| TEMA (21): | 29.32 | |
| Williams %R (14): | -35.71 | |
| Chande Momentum Oscillator (20): | 0.15 | |
| Repulse (5,40,3): | -1.2500 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 2.42 |
| MA7: | 29.18 | |
| MA20: | 29.71 | |
| MA50: | 33.18 | |
| MA100: | 34.45 | |
| MAexp7: | 29.20 | |
| MAexp20: | 29.08 | |
| MAexp50: | 29.18 | |
| MAexp100: | 29.53 | |
| Price / MA7: | +0.75% | |
| Price / MA20: | -1.04% | |
| Price / MA50: | -11.39% | |
| Price / MA100: | -14.66% | |
| Price / MAexp7: | +0.68% | |
| Price / MAexp20: | +1.10% | |
| Price / MAexp50: | +0.75% | |
| Price / MAexp100: | -0.44% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
Don't forget to follow the news on FRANCAISE ENERGIE. At the time of publication of this analysis, the latest news was as follows:
- FDE holds now 3.31% of its own shares through its share buyback program
- Half-year statement of the liquidity contract
- FDE buys back some of its share issued capital via its buy-back program
- FDE buys back some of its share issued capital via its buy-back program
- FDE buys back some of its share issued capital via its buy-back program
This member declared not having a position on this financial instrument or a related financial instrument.
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