DASSAULT SYSTEMES - Daily - Technical analysis published on 11/10/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
33%
33%
33%
My opinion
Bearish under 36.667 EUR
My targets
32.342 EUR (-4.34%)
28.909 EUR (-14.50%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on DASSAULT SYSTEMES as long as the price remains well below 36.667 EUR. The next bearish objective for sellers is set at 32.342 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 28.909 EUR. If there is any crossing, the next objective would be the support located at 24.700 EUR. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
5.4
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The DASSAULT SYSTEMES price is 33.810 EUR. The price registered a decrease of -0.03% on the session and was between 33.300 EUR and 33.835 EUR. This implies that the price is at +1.53% from its lowest and at -0.07% from its highest.33.300
33.835
33.810
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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 DASSAULT SYSTEMES indicates that the overall trend is strongly bearish. 89.29% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of channel
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 | 28.909 | 32.342 | 33.450 | 33.810 | 36.667 | 39.483 | 43.424 |
| Change (%) | -14.50% | -4.34% | -1.06% | - | +8.45% | +16.78% | +28.44% |
| Change | -4.901 | -1.468 | -0.360 | - | +2.857 | +5.673 | +9.614 |
| Level | Minor | Major | Major | - | Major | Minor | Major |
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 | 32.843 | 33.247 | 33.533 | 33.937 | 34.223 | 34.627 | 34.913 |
| Camarilla | 33.630 | 33.694 | 33.757 | 33.820 | 33.883 | 33.947 | 34.010 |
| Woodie | 32.785 | 33.218 | 33.475 | 33.908 | 34.165 | 34.598 | 34.855 |
| Fibonacci | 33.247 | 33.510 | 33.673 | 33.937 | 34.200 | 34.363 | 34.627 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 30.047 | 31.268 | 32.342 | 33.563 | 34.637 | 35.858 | 36.932 |
| Camarilla | 32.784 | 32.994 | 33.205 | 33.415 | 33.625 | 33.836 | 34.046 |
| Woodie | 29.973 | 31.231 | 32.268 | 33.526 | 34.563 | 35.821 | 36.858 |
| Fibonacci | 31.268 | 32.145 | 32.687 | 33.563 | 34.440 | 34.982 | 35.858 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 26.763 | 29.497 | 31.723 | 34.457 | 36.683 | 39.417 | 41.643 |
| Camarilla | 32.586 | 33.041 | 33.495 | 33.950 | 34.405 | 34.859 | 35.314 |
| Woodie | 26.510 | 29.370 | 31.470 | 34.330 | 36.430 | 39.290 | 41.390 |
| Fibonacci | 29.497 | 31.391 | 32.562 | 34.457 | 36.351 | 37.522 | 39.417 |
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): | 45.47 | |
| MACD (12,26,9): | -0.5480 | |
| Directional Movement: | -3.246 | |
| AROON (14): | -50.000 | |
| DEMA (21): | 33.432 | |
| Parabolic SAR (0,02-0,02-0,2): | 35.875 | |
| Elder Ray (13): | -0.378 | |
| Super Trend (3,10): | 32.085 | |
| Zig ZAG (10): | 33.805 | |
| VORTEX (21): | 0.9060 | |
| Stochastique (14,3,5): | 33.45 | |
| TEMA (21): | 33.572 | |
| Williams %R (14): | -69.73 | |
| Chande Momentum Oscillator (20): | -2.885 | |
| Repulse (5,40,3): | 2.1950 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2340 | |
| Courbe Coppock: | 6.50 |
| MA7: | 33.534 | |
| MA20: | 34.260 | |
| MA50: | 35.481 | |
| MA100: | 37.451 | |
| MAexp7: | 33.762 | |
| MAexp20: | 34.202 | |
| MAexp50: | 35.444 | |
| MAexp100: | 36.969 | |
| Price / MA7: | +0.82% | |
| Price / MA20: | -1.31% | |
| Price / MA50: | -4.71% | |
| Price / MA100: | -9.72% | |
| Price / MAexp7: | +0.14% | |
| Price / MAexp20: | -1.15% | |
| Price / MAexp50: | -4.61% | |
| Price / MAexp100: | -8.54% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The latest news and videos published on DASSAULT SYSTEMES at the time of the analysis were as follows:
- Blue Spirit Aero Accelerates the Development of Its Hydrogen-Powered Aircraft with Dassault Systèmes
- Dassault Systèmes Partners with Sanofi to Optimize Tech Transfer and Industrialization at Its Future “EVolutive Facilities”
- Dassault Systèmes Announces Its New OUTSCALE Brand as the Leading Sovereign and Sustainable Operator of Trusted Business Experience as a Service
- Docaposte, Dassault Systèmes, Bouygues Telecom and Banque des Territoires Sign Alliance to Offer the Reference Solution for Trusted Cloud Services
- Dassault Systèmes and Verkor Sign MoU to Advance Next-Generation Low-Carbon Battery Development and Manufacturing
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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