EIFFAGE

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	FGR
ISIN:	FR0000130452

EIFFAGE - Daily - Technical analysis published on 02/16/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

17%

My opinion

Bullish above 99.66 EUR

My targets

104.45 EUR (+1.12%)

109.11 EUR (+5.62%)

My analysis

The bullish trend is currently very strong on EIFFAGE. As long as the price remains above the support at 99.66 EUR, you could try to benefit from the boom. The first bullish objective is located at 104.45 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 109.11 EUR as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.4

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 EIFFAGE rating is 103.30 EUR. On the day, this instrument lost -0.10% and was traded between 103.05 EUR and 104.10 EUR over the period. The price is currently at +0.24% from its lowest and -0.77% from its highest.

103.05

104.10

103.30

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:

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

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of EIFFAGE indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed 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

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Near resistance of channel

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	93.83	95.28	99.66	103.30	103.96
Change (%)	-9.17%	-7.76%	-3.52%	-	+0.64%
Change	-9.47	-8.02	-3.64	-	+0.66
Level	Major	Major	Intermediate	-	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	101.52	102.03	102.72	103.23	103.92	104.43	105.12
Camarilla	103.07	103.18	103.29	103.40	103.51	103.62	103.73
Woodie	101.60	102.08	102.80	103.28	104.00	104.48	105.20
Fibonacci	102.03	102.49	102.78	103.23	103.69	103.98	104.43

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	94.51	96.33	98.12	99.94	101.73	103.55	105.34
Camarilla	98.93	99.26	99.59	99.92	100.25	100.58	100.91
Woodie	94.51	96.32	98.12	99.93	101.73	103.54	105.34
Fibonacci	96.33	97.71	98.56	99.94	101.32	102.17	103.55

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	85.41	88.65	93.31	96.55	101.21	104.45	109.11
Camarilla	95.79	96.51	97.24	97.96	98.68	99.41	100.13
Woodie	86.11	89.01	94.01	96.91	101.91	104.81	109.81
Fibonacci	88.65	91.67	93.54	96.55	99.57	101.44	104.45

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):	72.16
MACD (12,26,9):	1.7800
Directional Movement:	28.12
AROON (14):	64.29
DEMA (21):	101.99
Parabolic SAR (0,02-0,02-0,2):	99.12
Elder Ray (13):	2.85
Super Trend (3,10):	99.03
Zig ZAG (10):	103.30
VORTEX (21):	1.1800
Stochastique (14,3,5):	89.04
TEMA (21):	102.70
Williams %R (14):	-12.38
Chande Momentum Oscillator (20):	5.34
Repulse (5,40,3):	0.5000
ROCnROLL:	1
TRIX (15,9):	0.2100
Courbe Coppock:	6.92

MA7:	101.55
MA20:	99.54
MA50:	96.47
MA100:	92.93
MAexp7:	101.88
MAexp20:	99.77
MAexp50:	97.12
MAexp100:	94.57
Price / MA7:	+1.72%
Price / MA20:	+3.78%
Price / MA50:	+7.08%
Price / MA100:	+11.16%
Price / MAexp7:	+1.39%
Price / MAexp20:	+3.54%
Price / MAexp50:	+6.36%
Price / MAexp100:	+9.23%

Quotes : - 15 min delayed data - Euronext Paris

News

The last news published on EIFFAGE at the time of the generation of this analysis was as follows:

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

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