SAINT GOBAIN - Daily - Technical analysis published on 09/25/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
28%
28%
44%
My opinion
Bullish above 33.151 EUR
My targets
34.579 EUR (+1.82%)
35.980 EUR (+5.95%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on SAINT GOBAIN. As long as you are above the support located at 33.151 EUR, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 34.579 EUR would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 35.980 EUR as an objective. Crossing it would then enable buyers to target 36.720 EUR. If the support 33.151 EUR were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
FORCE
0
10
2.5
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The SAINT GOBAIN rating is 33.960 EUR. On the day, this instrument lost -1.24% with the lowest point at 33.900 EUR and the highest point at 34.225 EUR. The deviation from the price is +0.18% for the low point and -0.77% for the high point.33.900
34.225
33.960
A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by SAINT GOBAIN:
Technical
A technical analysis in Daily of this SAINT GOBAIN chart shows a bullish trend. 67.86% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : Daily
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Horizontal support 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 | 31.371 | 32.462 | 33.151 | 33.960 | 34.579 | 35.980 | 36.720 |
| Change (%) | -7.62% | -4.41% | -2.38% | - | +1.82% | +5.95% | +8.13% |
| Change | -2.589 | -1.498 | -0.809 | - | +0.619 | +2.020 | +2.760 |
| Level | Major | Major | Major | - | Major | Major | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 33.488 | 33.892 | 34.138 | 34.542 | 34.788 | 35.192 | 35.438 |
| Camarilla | 34.206 | 34.266 | 34.325 | 34.385 | 34.445 | 34.504 | 34.564 |
| Woodie | 33.410 | 33.853 | 34.060 | 34.503 | 34.710 | 35.153 | 35.360 |
| Fibonacci | 33.892 | 34.140 | 34.293 | 34.542 | 34.790 | 34.943 | 35.192 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 32.982 | 33.608 | 34.497 | 35.123 | 36.012 | 36.638 | 37.527 |
| Camarilla | 34.968 | 35.107 | 35.246 | 35.385 | 35.524 | 35.663 | 35.802 |
| Woodie | 33.113 | 33.674 | 34.628 | 35.189 | 36.143 | 36.704 | 37.658 |
| Fibonacci | 33.608 | 34.187 | 34.545 | 35.123 | 35.702 | 36.060 | 36.638 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 26.778 | 28.917 | 30.868 | 33.007 | 34.958 | 37.097 | 39.048 |
| Camarilla | 31.695 | 32.070 | 32.445 | 32.820 | 33.195 | 33.570 | 33.945 |
| Woodie | 26.685 | 28.870 | 30.775 | 32.960 | 34.865 | 37.050 | 38.955 |
| Fibonacci | 28.917 | 30.479 | 31.444 | 33.007 | 34.569 | 35.534 | 37.097 |
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): | 49.15 | |
| MACD (12,26,9): | 0.4450 | |
| Directional Movement: | 0.689 | |
| AROON (14): | 42.857 | |
| DEMA (21): | 34.818 | |
| Parabolic SAR (0,02-0,02-0,2): | 36.066 | |
| Elder Ray (13): | -0.429 | |
| Super Trend (3,10): | 33.340 | |
| Zig ZAG (10): | 33.950 | |
| VORTEX (21): | 1.1030 | |
| Stochastique (14,3,5): | 40.51 | |
| TEMA (21): | 35.134 | |
| Williams %R (14): | -78.03 | |
| Chande Momentum Oscillator (20): | 0.000 | |
| Repulse (5,40,3): | -2.7700 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.2250 | |
| Courbe Coppock: | 10.53 |
| MA7: | 34.695 | |
| MA20: | 34.180 | |
| MA50: | 33.633 | |
| MA100: | 33.383 | |
| MAexp7: | 34.588 | |
| MAexp20: | 34.245 | |
| MAexp50: | 33.759 | |
| MAexp100: | 33.385 | |
| Price / MA7: | -2.12% | |
| Price / MA20: | -0.64% | |
| Price / MA50: | +0.97% | |
| Price / MA100: | +1.73% | |
| Price / MAexp7: | -1.82% | |
| Price / MAexp20: | -0.83% | |
| Price / MAexp50: | +0.60% | |
| Price / MAexp100: | +1.72% |
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:
- Saint-Gobain CEO Interview - Full Year 2018 Results (video)
- Saint-Gobain Accelerates Its Transformation by Launching the "Transform & Grow Program"
- Saint-Gobain Partners With Stem, Inc. for Widespread Energy Storage Services
- MSC Industrial Supply Co. Recognizes Norton │Saint-Gobain Abrasives, Sandvik Coromant, Parker Hannifin With 'Supplier of the Year' Awards
- Saint-Gobain Acquires Wattex, the Flemish Roof Reinforcement Specialist
This member declared not having a position on this financial instrument or a related financial instrument.
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