CREDIT AGRICOLE - 1H - Technical analysis published on 01/02/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
22%
22%
56%
My opinion
Bullish above 13.197 EUR
My targets
13.380 EUR (+0.83%)
13.475 EUR (+1.54%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 13.197 EUR remains possible. It is advisable to trade CREDIT AGRICOLE with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 13.197 EUR. The next bullish objective for buyers is set at 13.380 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 13.475 EUR. If there is any crossing, the next objective would be the resistance located at 14.039 EUR. PS: if there is a bearish break in the support located at 13.197 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
3.2
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Additional analysis
Quotes
CREDIT AGRICOLE rating 13.270 EUR. On the day, this instrument lost -0.15% and was traded between 13.100 EUR and 13.475 EUR over the period. The price is currently at +1.30% from its lowest and -1.52% from its highest.13.100
13.475
13.270
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
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
Technical analysis of CREDIT AGRICOLE in 1H shows an overall bullish trend. The signals given by moving averages are 75.00% bullish. This bullish trend could slow down given the neutral 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.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 10 are neutral and 4 are bearish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Near support of triangle
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 12.840 | 13.107 | 13.197 | 13.270 | 13.380 | 13.475 | 14.039 |
Change (%) | -3.24% | -1.23% | -0.55% | - | +0.83% | +1.54% | +5.80% |
Change | -0.430 | -0.163 | -0.073 | - | +0.110 | +0.205 | +0.769 |
Level | Minor | Intermediate | Major | - | Intermediate | Intermediate | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 13.140 | 13.210 | 13.250 | 13.320 | 13.360 | 13.430 | 13.470 |
Camarilla | 13.260 | 13.270 | 13.280 | 13.290 | 13.300 | 13.310 | 13.320 |
Woodie | 13.125 | 13.203 | 13.235 | 13.313 | 13.345 | 13.423 | 13.455 |
Fibonacci | 13.210 | 13.252 | 13.278 | 13.320 | 13.362 | 13.388 | 13.430 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 12.647 | 12.778 | 13.002 | 13.133 | 13.357 | 13.488 | 13.712 |
Camarilla | 13.127 | 13.160 | 13.193 | 13.225 | 13.258 | 13.290 | 13.323 |
Woodie | 12.693 | 12.801 | 13.048 | 13.156 | 13.403 | 13.511 | 13.758 |
Fibonacci | 12.778 | 12.914 | 12.998 | 13.133 | 13.269 | 13.353 | 13.488 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 11.607 | 11.983 | 12.637 | 13.013 | 13.667 | 14.043 | 14.697 |
Camarilla | 13.007 | 13.101 | 13.196 | 13.290 | 13.384 | 13.479 | 13.573 |
Woodie | 11.745 | 12.053 | 12.775 | 13.083 | 13.805 | 14.113 | 14.835 |
Fibonacci | 11.983 | 12.377 | 12.620 | 13.013 | 13.407 | 13.650 | 14.043 |
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): | 51.15 | |
MACD (12,26,9): | 0.0150 | |
Directional Movement: | 3.908 | |
AROON (14): | -14.286 | |
DEMA (21): | 13.301 | |
Parabolic SAR (0,02-0,02-0,2): | 13.419 | |
Elder Ray (13): | -0.008 | |
Super Trend (3,10): | 13.395 | |
Zig ZAG (10): | 13.265 | |
VORTEX (21): | 1.0570 | |
Stochastique (14,3,5): | 44.44 | |
TEMA (21): | 13.272 | |
Williams %R (14): | -56.00 | |
Chande Momentum Oscillator (20): | -0.075 | |
Repulse (5,40,3): | -0.0140 | |
ROCnROLL: | -1 | |
TRIX (15,9): | 0.0390 | |
Courbe Coppock: | 0.82 |
MA7: | 13.147 | |
MA20: | 13.067 | |
MA50: | 13.300 | |
MA100: | 13.609 | |
MAexp7: | 13.265 | |
MAexp20: | 13.272 | |
MAexp50: | 13.212 | |
MAexp100: | 13.152 | |
Price / MA7: | +0.94% | |
Price / MA20: | +1.55% | |
Price / MA50: | -0.23% | |
Price / MA100: | -2.49% | |
Price / MAexp7: | +0.04% | |
Price / MAexp20: | -0.02% | |
Price / MAexp50: | +0.44% | |
Price / MAexp100: | +0.90% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
Don't forget to follow the news on CREDIT AGRICOLE. At the time of publication of this analysis, the latest news was as follows:
- Credit Agricole Sa: Crédit Agricole S.A. has signed an agreement for the acquisition of Santander’s 30.5% stake in CACEIS, its asset services provider, aiming to bring its ownership to 100%
- CREDIT AGRICOLE SA: Olivier Gavalda appointed Chief Executive Officer of Crédit Agricole S.A.
- CREDIT AGRICOLE SA: Capital - Notification of the level of Pillar 2 additional requirement
- Credit Agricole Sa: Crédit Agricole entered into financial instruments relating to 5.2% of Banco BPM’s share capital
- Crédit Agricole CIB closes $300MM Sustainability-Linked Spare Engine-Secured Credit Facility for LATAM Airlines Group S.A.
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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