SAINT GOBAIN - 15 min. - Technical analysis published on 05/19/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 54.203 EUR
My targets
55.867 EUR (+1.15%)
58.220 EUR (+5.41%)
My analysis
SAINT GOBAIN is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 54.203 EUR. The next resistance located at 55.867 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 58.220 EUR. After this resistance, buyers could then target 65.009 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
9.1
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Additional analysis
Quotes
The SAINT GOBAIN rating is 55.230 EUR. On the day, this instrument gained +1.45% and was between 54.510 EUR and 55.300 EUR. This implies that the price is at +1.32% from its lowest and at -0.13% from its highest.54.510
55.300
55.230
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this SAINT GOBAIN chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 15 minutes
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of channel
Type : Bearish
Timeframe : 15 minutes
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of these bullish patterns in Japanese candlesticks:
Bullish harami
Type : Bullish
Timeframe : 15 minutes
Bullish harami cross
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 52.833 | 54.140 | 54.572 | 55.230 | 58.220 | 65.009 |
| Change (%) | -4.34% | -1.97% | -1.19% | - | +5.41% | +17.71% |
| Change | -2.397 | -1.090 | -0.658 | - | +2.990 | +9.779 |
| Level | Intermediate | Intermediate | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 52.777 | 53.173 | 53.807 | 54.203 | 54.837 | 55.233 | 55.867 |
| Camarilla | 54.157 | 54.251 | 54.346 | 54.440 | 54.534 | 54.629 | 54.723 |
| Woodie | 52.895 | 53.233 | 53.925 | 54.263 | 54.955 | 55.293 | 55.985 |
| Fibonacci | 53.173 | 53.567 | 53.810 | 54.203 | 54.597 | 54.840 | 55.233 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 50.787 | 51.363 | 52.437 | 53.013 | 54.087 | 54.663 | 55.737 |
| Camarilla | 53.056 | 53.208 | 53.359 | 53.510 | 53.661 | 53.813 | 53.964 |
| Woodie | 51.035 | 51.488 | 52.685 | 53.138 | 54.335 | 54.788 | 55.985 |
| Fibonacci | 51.363 | 51.994 | 52.383 | 53.013 | 53.644 | 54.033 | 54.663 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 45.920 | 47.420 | 49.920 | 51.420 | 53.920 | 55.420 | 57.920 |
| Camarilla | 51.320 | 51.687 | 52.053 | 52.420 | 52.787 | 53.153 | 53.520 |
| Woodie | 46.420 | 47.670 | 50.420 | 51.670 | 54.420 | 55.670 | 58.420 |
| Fibonacci | 47.420 | 48.948 | 49.892 | 51.420 | 52.948 | 53.892 | 55.420 |
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): | 76.91 | |
| MACD (12,26,9): | 0.2130 | |
| Directional Movement: | 40.989 | |
| AROON (14): | 71.428 | |
| DEMA (21): | 54.701 | |
| Parabolic SAR (0,02-0,02-0,2): | 54.366 | |
| Elder Ray (13): | 0.326 | |
| Super Trend (3,10): | 54.480 | |
| Zig ZAG (10): | 54.950 | |
| VORTEX (21): | 1.2050 | |
| Stochastique (14,3,5): | 92.50 | |
| TEMA (21): | 54.822 | |
| Williams %R (14): | -9.40 | |
| Chande Momentum Oscillator (20): | 0.890 | |
| Repulse (5,40,3): | 0.8450 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0450 | |
| Courbe Coppock: | 2.23 |
| MA7: | 53.783 | |
| MA20: | 52.357 | |
| MA50: | 52.099 | |
| MA100: | 52.614 | |
| MAexp7: | 54.855 | |
| MAexp20: | 54.425 | |
| MAexp50: | 54.087 | |
| MAexp100: | 53.814 | |
| Price / MA7: | +2.69% | |
| Price / MA20: | +5.49% | |
| Price / MA50: | +6.01% | |
| Price / MA100: | +4.97% | |
| Price / MAexp7: | +0.68% | |
| Price / MAexp20: | +1.48% | |
| Price / MAexp50: | +2.11% | |
| Price / MAexp100: | +2.63% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
Don't forget to follow the news on SAINT GOBAIN. At the time of publication of this analysis, the latest news was as follows:
- Newmark Secures Global Corporate Services Contract with Construction Leader Saint-Gobain for its North American Affiliates
- First earnings for Trucknet Enterprise from the system it developed; Saint-Gobain Romania will continue to use the platform developed by Trucknet as a paying client
- Saint-Gobain Malaysia Invested in a New Plant to Produce Advanced solution for Construction Applications
- Continuous Composites and Saint-Gobain Execute a Joint Development Agreement to Advance CF3D® for Commercial Aerospace Applications
- Multinational Manufacturer Saint-Gobain Selects MTI Instruments' Digital Capacitance Measurement Technology to Streamline R&D
This member declared not having a position on this financial instrument or a related financial instrument.
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