EDF - 1H - Technical analysis published on 09/02/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
EDF Chart
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
28%
56%
17%
My opinion
Bearish under 11.670 EUR
My targets
11.163 EUR (-1.91%)
11.070 EUR (-2.72%)
My analysis
EDF is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 11.670 EUR. The next support located at 11.163 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 11.070 EUR. Below this support, sellers could then target 10.920 EUR.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
4.1
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This analysis was given by emc3.
Additional analysis
Quotes
The EDF price is 11.380 EUR. The price registered an increase of +0.09% on the session and was traded between 11.315 EUR and 11.400 EUR over the period. The price is currently at +0.57% from its lowest and -0.18% from its highest.11.315
11.400
11.380
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by EDF:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of EDF indicates that the overall trend is bearish. The signals given by moving averages are 64.29% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
Moving Average bullish crossovers : MA20 & MA50
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 10.920 | 11.070 | 11.163 | 11.380 | 11.409 | 11.670 | 12.106 |
| Change (%) | -4.04% | -2.72% | -1.91% | - | +0.25% | +2.55% | +6.38% |
| Change | -0.460 | -0.310 | -0.217 | - | +0.029 | +0.290 | +0.726 |
| Level | Minor | Major | Major | - | Intermediate | Minor | 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 | 10.993 | 11.137 | 11.253 | 11.397 | 11.513 | 11.657 | 11.773 |
| Camarilla | 11.299 | 11.322 | 11.346 | 11.370 | 11.394 | 11.418 | 11.442 |
| Woodie | 10.980 | 11.130 | 11.240 | 11.390 | 11.500 | 11.650 | 11.760 |
| Fibonacci | 11.137 | 11.236 | 11.297 | 11.397 | 11.496 | 11.557 | 11.657 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.002 | 11.173 | 11.297 | 11.468 | 11.592 | 11.763 | 11.887 |
| Camarilla | 11.339 | 11.366 | 11.393 | 11.420 | 11.447 | 11.474 | 11.501 |
| Woodie | 10.978 | 11.161 | 11.273 | 11.456 | 11.568 | 11.751 | 11.863 |
| Fibonacci | 11.173 | 11.286 | 11.356 | 11.468 | 11.581 | 11.651 | 11.763 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.282 | 9.798 | 10.637 | 11.153 | 11.992 | 12.508 | 13.347 |
| Camarilla | 11.102 | 11.227 | 11.351 | 11.475 | 11.599 | 11.723 | 11.848 |
| Woodie | 9.443 | 9.879 | 10.798 | 11.234 | 12.153 | 12.589 | 13.508 |
| Fibonacci | 9.798 | 10.316 | 10.636 | 11.153 | 11.671 | 11.991 | 12.508 |
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): | 40.89 | |
| MACD (12,26,9): | -0.0370 | |
| Directional Movement: | -16.021 | |
| AROON (14): | -71.429 | |
| DEMA (21): | 11.392 | |
| Parabolic SAR (0,02-0,02-0,2): | 11.485 | |
| Elder Ray (13): | -0.053 | |
| Super Trend (3,10): | 11.531 | |
| Zig ZAG (10): | 11.365 | |
| VORTEX (21): | 0.9240 | |
| Stochastique (14,3,5): | 29.18 | |
| TEMA (21): | 11.359 | |
| Williams %R (14): | -66.13 | |
| Chande Momentum Oscillator (20): | -0.125 | |
| Repulse (5,40,3): | 0.5240 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0260 | |
| Courbe Coppock: | 3.15 |
| MA7: | 11.441 | |
| MA20: | 11.229 | |
| MA50: | 11.121 | |
| MA100: | 11.385 | |
| MAexp7: | 11.385 | |
| MAexp20: | 11.431 | |
| MAexp50: | 11.445 | |
| MAexp100: | 11.373 | |
| Price / MA7: | -0.53% | |
| Price / MA20: | +1.34% | |
| Price / MA50: | +2.33% | |
| Price / MA100: | -0.04% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | -0.45% | |
| Price / MAexp50: | -0.57% | |
| Price / MAexp100: | +0.06% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The last news published on EDF at the time of the generation of this analysis was as follows:
- EDF:Information regarding the voting rights and shares (Article L.233-8-II of the French Commercial Code and 223-16 of the General Regulations of the “AMF”)
- EDF:2021 HALF-YEAR RESULTS Strong increase in EBITDA 10% growth in renewable projects portfolio to 66GW Extension of 1,300MW French reactors depreciation period to 50 years 2021 targets upgraded
- EDF:Notification of availability Half-year financial report at June 30, 2021
- Edf: SHAREHOLDERS’ GENERAL MEETING OF 22 JULY 2021: All the resolutions were adopted
- EDF Renewables and Goldman Sachs Asset Management Announce Commercial Operation of Toms River Solar Project
This member declared not having a position on this financial instrument or a related financial instrument.
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