EIFFAGE - Daily - Technical analysis published on 02/14/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bullish
Technical indicators
17%
56%
28%
My opinion
Bearish under 97.76 EUR
My targets
93.93 EUR (-1.95%)
92.05 EUR (-3.91%)
My analysis
The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for EIFFAGE as long as the price remains well below 97.76 EUR. The next bearish objective for sellers is set at 93.93 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 92.05 EUR. In case of crossing, the next objective would be the support located at 89.79 EUR. As the basic trend is not clearly displayed, attention should be paid to the price response to the support located at 93.93 EUR. With this support, against the trend traders who want to buy EIFFAGE on a buy signal from their trading strategy should not hesitate to act.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
1.6
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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 EIFFAGE price is 95.80 EUR. The price is lower by -0.13% since the last closing with the lowest point at 95.56 EUR and the highest point at 96.00 EUR. The deviation from the price is +0.25% for the low point and -0.21% for the high point.95.56
96.00
95.80
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
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 HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of EIFFAGE indicates that the overall trend is slightly bullish. 57.14% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently given by short-term moving averages indicate that a trend reversal may be taking place. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a bearish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near support of channel
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 89.79 | 92.05 | 93.93 | 95.80 | 97.76 | 101.00 | 104.24 |
| Change (%) | -6.27% | -3.91% | -1.95% | - | +2.05% | +5.43% | +8.81% |
| Change | -6.01 | -3.75 | -1.87 | - | +1.96 | +5.20 | +8.44 |
| Level | Intermediate | Intermediate | Minor | - | Major | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 94.69 | 95.15 | 95.53 | 95.99 | 96.37 | 96.83 | 97.21 |
| Camarilla | 95.69 | 95.77 | 95.84 | 95.92 | 96.00 | 96.07 | 96.15 |
| Woodie | 94.66 | 95.13 | 95.50 | 95.97 | 96.34 | 96.81 | 97.18 |
| Fibonacci | 95.15 | 95.47 | 95.67 | 95.99 | 96.31 | 96.51 | 96.83 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 91.57 | 93.39 | 94.55 | 96.37 | 97.53 | 99.35 | 100.51 |
| Camarilla | 94.90 | 95.17 | 95.45 | 95.72 | 95.99 | 96.27 | 96.54 |
| Woodie | 91.25 | 93.23 | 94.23 | 96.21 | 97.21 | 99.19 | 100.19 |
| Fibonacci | 93.39 | 94.53 | 95.23 | 96.37 | 97.51 | 98.21 | 99.35 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 91.51 | 93.51 | 95.29 | 97.29 | 99.07 | 101.07 | 102.85 |
| Camarilla | 96.04 | 96.39 | 96.73 | 97.08 | 97.43 | 97.77 | 98.12 |
| Woodie | 91.41 | 93.46 | 95.19 | 97.24 | 98.97 | 101.02 | 102.75 |
| Fibonacci | 93.51 | 94.95 | 95.84 | 97.29 | 98.73 | 99.62 | 101.07 |
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): | 44.75 | |
| MACD (12,26,9): | -0.1500 | |
| Directional Movement: | -10.19 | |
| AROON (14): | -71.43 | |
| DEMA (21): | 96.69 | |
| Parabolic SAR (0,02-0,02-0,2): | 98.29 | |
| Elder Ray (13): | -0.81 | |
| Super Trend (3,10): | 94.64 | |
| Zig ZAG (10): | 95.76 | |
| VORTEX (21): | 0.8500 | |
| Stochastique (14,3,5): | 19.04 | |
| TEMA (21): | 95.89 | |
| Williams %R (14): | -88.54 | |
| Chande Momentum Oscillator (20): | -0.80 | |
| Repulse (5,40,3): | -0.4900 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 2.97 |
| MA7: | 96.49 | |
| MA20: | 97.06 | |
| MA50: | 96.80 | |
| MA100: | 92.24 | |
| MAexp7: | 96.26 | |
| MAexp20: | 96.74 | |
| MAexp50: | 95.87 | |
| MAexp100: | 94.55 | |
| Price / MA7: | -0.72% | |
| Price / MA20: | -1.30% | |
| Price / MA50: | -1.03% | |
| Price / MA100: | +3.86% | |
| Price / MAexp7: | -0.48% | |
| Price / MAexp20: | -0.97% | |
| Price / MAexp50: | -0.07% | |
| Price / MAexp100: | +1.32% |
Quotes :
-
15 min delayed data
-
Euronext Paris
EiffageThis member declared not having a position on this financial instrument or a related financial instrument.
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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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