FDJ - Daily - Technical analysis published on 11/09/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bearish
Technical indicators
78%
6%
17%
My opinion
Bearish under 32.38 EUR
My targets
30.64 EUR (-1.73%)
28.86 EUR (-7.44%)
My analysis
In a bearish trend, the price of FDJ tries to inflate a little with a slight short-term rebound. At this stage, no trend reversal is in sight. Globally, sellers have the upper hand. Traders may allow themselves to trade short positions (for sale) as long as the price remains below the resistance located at 32.38 EUR. A bearish break in the support located at 30.64 EUR would revive the bearish momentum and fuel the basic trend. Then the price could move towards 28.86 EUR. Then 24.37 EUR by extension. It would be safer to wait for a bearish break in the support located at 30.64 EUR before allowing yourself to re trade short positions (for sale) on FDJ. PS: if there is a bullish break in the resistance located at 32.38 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
0
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This analysis was given by Pier6. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
FDJ rating 31.18 EUR. The price registered an increase of +0.19% on the session and was traded between 31.04 EUR and 31.34 EUR over the period. The price is currently at +0.45% from its lowest and -0.51% from its highest.31.04
31.34
31.18
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of FDJ in Daily shows an overall bearish trend. 67.86% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this bearish trend may be slowing down. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
MACD indicator is back over 0
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
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 | 24.37 | 28.86 | 30.64 | 31.18 | 32.38 | 34.15 | 37.08 |
| Change (%) | -21.84% | -7.44% | -1.73% | - | +3.85% | +9.53% | +18.92% |
| Change | -6.81 | -2.32 | -0.54 | - | +1.20 | +2.97 | +5.90 |
| Level | Minor | Major | Major | - | Minor | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 30.33 | 30.59 | 30.85 | 31.11 | 31.37 | 31.63 | 31.89 |
| Camarilla | 30.98 | 31.03 | 31.07 | 31.12 | 31.17 | 31.22 | 31.26 |
| Woodie | 30.34 | 30.59 | 30.86 | 31.11 | 31.38 | 31.63 | 31.90 |
| Fibonacci | 30.59 | 30.79 | 30.91 | 31.11 | 31.31 | 31.43 | 31.63 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 29.14 | 29.56 | 30.06 | 30.48 | 30.98 | 31.40 | 31.90 |
| Camarilla | 30.31 | 30.39 | 30.48 | 30.56 | 30.64 | 30.73 | 30.81 |
| Woodie | 29.18 | 29.58 | 30.10 | 30.50 | 31.02 | 31.42 | 31.94 |
| Fibonacci | 29.56 | 29.91 | 30.13 | 30.48 | 30.83 | 31.05 | 31.40 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 25.41 | 26.81 | 28.61 | 30.01 | 31.81 | 33.21 | 35.01 |
| Camarilla | 29.54 | 29.83 | 30.13 | 30.42 | 30.71 | 31.01 | 31.30 |
| Woodie | 25.62 | 26.91 | 28.82 | 30.11 | 32.02 | 33.31 | 35.22 |
| Fibonacci | 26.81 | 28.03 | 28.78 | 30.01 | 31.23 | 31.98 | 33.21 |
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): | 58.48 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -8.92 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 30.52 | |
| Parabolic SAR (0,02-0,02-0,2): | 29.91 | |
| Elder Ray (13): | 0.52 | |
| Super Trend (3,10): | 29.56 | |
| Zig ZAG (10): | 31.18 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 89.30 | |
| TEMA (21): | 30.91 | |
| Williams %R (14): | -9.28 | |
| Chande Momentum Oscillator (20): | 0.76 | |
| Repulse (5,40,3): | 0.6900 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0800 | |
| Courbe Coppock: | 5.99 |
| MA7: | 30.77 | |
| MA20: | 30.32 | |
| MA50: | 31.07 | |
| MA100: | 32.73 | |
| MAexp7: | 30.84 | |
| MAexp20: | 30.63 | |
| MAexp50: | 31.21 | |
| MAexp100: | 32.44 | |
| Price / MA7: | +1.33% | |
| Price / MA20: | +2.84% | |
| Price / MA50: | +0.35% | |
| Price / MA100: | -4.74% | |
| Price / MAexp7: | +1.10% | |
| Price / MAexp20: | +1.80% | |
| Price / MAexp50: | -0.10% | |
| Price / MAexp100: | -3.88% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
Don't forget to follow the news on FDJ. At the time of publication of this analysis, the latest news was as follows:
- FDJ: Solid results for H1 2023: Acquisition of Premier Lotteries Ireland
- FDJ acquiert Premier Lotteries Ireland, l’opérateur de la loterie irlandaise
- IGT Signs Cross-Licensing Agreement with FDJ Gaming Solutions France for eInstant Content
- FDJ: Combined General Meeting of 27 April 2023
- Moody's ESG Solutions: FDJ Receives the Highest Sustainability Rating in the Hotel, Leisure and Services Sector for the 5th Year in a Row
This member declared not having a position on this financial instrument or a related financial instrument.
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