DASSAULT SYSTEMES

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	DSY
ISIN:	FR0014003TT8

DASSAULT SYSTEMES - Daily - Technical analysis published on 05/31/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

94%

My opinion

Bullish above 39.242 EUR

My targets

43.171 EUR (+4.18%)

43.967 EUR (+6.10%)

My analysis

DASSAULT SYSTEMES 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 39.242 EUR. The next resistance located at 43.171 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 43.967 EUR. After this resistance, buyers could then target 50.452 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, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

9.1

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 DASSAULT SYSTEMES price is 41.440 EUR. The price registered an increase of +1.69% on the session and was traded between 40.440 EUR and 41.465 EUR over the period. The price is currently at +2.47% from its lowest and -0.06% from its highest.

40.440

41.465

41.440

The Central Gaps scanner detects a bearish opening. A small advantage for sellers 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:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of DASSAULT SYSTEMES in Daily shows a strongly overall 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 17 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	37.869	38.381	39.242	41.440	43.171	50.452	55.681
Change (%)	-8.62%	-7.38%	-5.30%	-	+4.18%	+21.75%	+34.37%
Change	-3.571	-3.059	-2.198	-	+1.731	+9.012	+14.241
Level	Major	Major	Minor	-	Intermediate	Minor	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	39.163	39.757	40.253	40.847	41.343	41.937	42.433
Camarilla	40.450	40.550	40.650	40.750	40.850	40.950	41.050
Woodie	39.115	39.733	40.205	40.823	41.295	41.913	42.385
Fibonacci	39.757	40.173	40.430	40.847	41.263	41.520	41.937

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	36.341	37.262	38.883	39.804	41.425	42.346	43.967
Camarilla	39.806	40.039	40.272	40.505	40.738	40.971	41.204
Woodie	36.692	37.437	39.234	39.979	41.776	42.521	44.318
Fibonacci	37.262	38.233	38.833	39.804	40.775	41.375	42.346

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	29.945	31.964	34.223	36.242	38.501	40.520	42.779
Camarilla	35.305	35.697	36.089	36.481	36.873	37.265	37.658
Woodie	30.064	32.024	34.342	36.302	38.620	40.580	42.898
Fibonacci	31.964	33.599	34.608	36.242	37.877	38.886	40.520

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):	73.83
MACD (12,26,9):	1.0840
Directional Movement:	24.709
AROON (14):	100.000
DEMA (21):	39.770
Parabolic SAR (0,02-0,02-0,2):	37.703
Elder Ray (13):	1.738
Super Trend (3,10):	38.336
Zig ZAG (10):	41.420
VORTEX (21):	1.1860
Stochastique (14,3,5):	92.96
TEMA (21):	40.666
Williams %R (14):	-0.99
Chande Momentum Oscillator (20):	4.835
Repulse (5,40,3):	3.5430
ROCnROLL:	1
TRIX (15,9):	0.2290
Courbe Coppock:	21.91

MA7:	40.085
MA20:	37.843
MA50:	37.354
MA100:	36.761
MAexp7:	40.118
MAexp20:	38.580
MAexp50:	37.582
MAexp100:	37.014
Price / MA7:	+3.38%
Price / MA20:	+9.51%
Price / MA50:	+10.94%
Price / MA100:	+12.73%
Price / MAexp7:	+3.30%
Price / MAexp20:	+7.41%
Price / MAexp50:	+10.27%
Price / MAexp100:	+11.96%

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:

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

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