CRCAM BRIE PIC2CCI

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	CRBP2
ISIN:	FR0010483768

CRCAM BRIE PIC2CCI - Daily - Technical analysis published on 08/10/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Strongly bearish

Technical indicators

50%

17%

33%

My opinion

Bearish under 18.800 EUR

My targets

17.813 EUR (-3.73%)

16.037 EUR (-13.33%)

My analysis

The basic trend is very bearish on CRCAM BRIE PIC2CCI but buyers need to catch their breath in the short term. In a case like this, you could favour trades in the direction of the trend on CRCAM BRIE PIC2CCI. As long as you stay below the resistance 18.800 EUR, sellers' retain the upper hand. A break in the support at 17.813 EUR would be a signal that the basic trend will reverse. Sellers would then use the next support located at 16.037 EUR as an objective. Crossing it would then enable sellers to target 14.754 EUR. If the price were to depress the resistance 18.800 EUR in the short term, this would be a sign of possible consolidation in the short term, but against the trend trading would then perhaps be more risky. On the other hand, we could expect signals of a reversal of the trend.

In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.

Force

3.2

Comment on the analysis

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.

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Additional analysis

Quotes

The CRCAM BRIE PIC2CCI rating is 18.504 EUR. On the day, this instrument lost -0.03% and was traded between 18.410 EUR and 18.510 EUR over the period. The price is currently at +0.51% from its lowest and -0.03% from its highest.

18.410

18.510

18.504

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 for higher/lower results shows the following items:

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

Technical analysis of this Daily chart of CRCAM BRIE PIC2CCI indicates that the overall trend is strongly bearish. 82.14% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the strongly bearish trend is showing signs of running out of steam. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily

In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near horizontal support

Type : Bullish

Timeframe : Daily

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Black hanging man / hammer

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	14.754	17.813	18.247	18.504	18.800	19.437	21.146
Change (%)	-20.27%	-3.73%	-1.39%	-	+1.60%	+5.04%	+14.28%
Change	-3.750	-0.691	-0.257	-	+0.296	+0.933	+2.642
Level	Intermediate	Intermediate	Major	-	Minor	Intermediate	Intermediate

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	18.190	18.350	18.430	18.590	18.670	18.830	18.910
Camarilla	18.444	18.466	18.488	18.510	18.532	18.554	18.576
Woodie	18.150	18.330	18.390	18.570	18.630	18.810	18.870
Fibonacci	18.350	18.442	18.498	18.590	18.682	18.738	18.830

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	17.553	17.827	18.353	18.627	19.153	19.427	19.953
Camarilla	18.660	18.733	18.807	18.880	18.953	19.027	19.100
Woodie	17.680	17.890	18.480	18.690	19.280	19.490	20.080
Fibonacci	17.827	18.132	18.321	18.627	18.932	19.121	19.427

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	16.037	16.769	17.635	18.367	19.233	19.965	20.831
Camarilla	18.061	18.207	18.354	18.500	18.647	18.793	18.940
Woodie	16.103	16.803	17.701	18.401	19.299	19.999	20.897
Fibonacci	16.769	17.380	17.757	18.367	18.978	19.355	19.965

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	48.91
MACD (12,26,9):	-0.0180
Directional Movement:	-4.720
AROON (14):	64.285
DEMA (21):	18.441
Parabolic SAR (0,02-0,02-0,2):	17.988
Elder Ray (13):	-0.061
Super Trend (3,10):	19.035
Zig ZAG (10):	18.504
VORTEX (21):	1.0250
Stochastique (14,3,5):	64.94
TEMA (21):	18.634
Williams %R (14):	-39.71
Chande Momentum Oscillator (20):	0.204
Repulse (5,40,3):	-0.5770
ROCnROLL:	2
TRIX (15,9):	-0.0590
Courbe Coppock:	1.87

MA7:	18.621
MA20:	18.470
MA50:	18.734
MA100:	19.636
MAexp7:	18.567
MAexp20:	18.513
MAexp50:	18.812
MAexp100:	19.268
Price / MA7:	-0.63%
Price / MA20:	+0.18%
Price / MA50:	-1.23%
Price / MA100:	-5.76%
Price / MAexp7:	-0.34%
Price / MAexp20:	-0.05%
Price / MAexp50:	-1.64%
Price / MAexp100:	-3.97%

Quotes : - 15 min delayed data - Euronext Paris

News

The latest news and videos published on CRCAM BRIE PIC2CCI at the time of the analysis were as follows:

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

About author

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