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 05/16/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

94%

My opinion

Bullish above 104.24 EUR

My targets

109.51 EUR (+2.44%)

113.28 EUR (+5.97%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on EIFFAGE as long as the price remains well above 104.24 EUR. The buyers' bullish objective is set at 109.51 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 113.28 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The EIFFAGE rating is 106.90 EUR. The price is lower by -0.09% since the last closing with the lowest point at 106.65 EUR and the highest point at 107.75 EUR. The deviation from the price is +0.23% for the low point and -0.79% for the high point.

106.65

107.75

106.90

Here is a more detailed summary of the historical variations registered by EIFFAGE:

The Central Records scanner for higher/lower results shows the following items:

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 EIFFAGE 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. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Moving Average bullish crossovers : MA20 & MA50

Type : Bullish

Timeframe : Daily

Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:

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

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 a result that can have an impact on the price change:

Near resistance of channel

Type : Bearish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	91.98	97.80	104.24	106.90
Change (%)	-13.96%	-8.51%	-2.49%	-
Change	-14.92	-9.10	-2.66	-
Level	Major	Major	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	104.10	104.80	105.90	106.60	107.70	108.40	109.50
Camarilla	106.51	106.67	106.84	107.00	107.17	107.33	107.50
Woodie	104.30	104.90	106.10	106.70	107.90	108.50	109.70
Fibonacci	104.80	105.49	105.91	106.60	107.29	107.71	108.40

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	97.75	99.60	102.30	104.15	106.85	108.70	111.40
Camarilla	103.75	104.17	104.58	105.00	105.42	105.83	106.25
Woodie	98.18	99.81	102.73	104.36	107.28	108.91	111.83
Fibonacci	99.60	101.34	102.41	104.15	105.89	106.96	108.70

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	88.17	92.77	96.54	101.14	104.91	109.51	113.28
Camarilla	98.00	98.77	99.53	100.30	101.07	101.84	102.60
Woodie	87.75	92.56	96.12	100.93	104.49	109.30	112.86
Fibonacci	92.77	95.97	97.95	101.14	104.34	106.32	109.51

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):	75.93
MACD (12,26,9):	1.5700
Directional Movement:	26.02
AROON (14):	100.00
DEMA (21):	105.05
Parabolic SAR (0,02-0,02-0,2):	104.53
Elder Ray (13):	2.95
Super Trend (3,10):	103.12
Zig ZAG (10):	107.10
VORTEX (21):	1.2800
Stochastique (14,3,5):	94.98
TEMA (21):	106.31
Williams %R (14):	-8.34
Chande Momentum Oscillator (20):	6.50
Repulse (5,40,3):	1.3100
ROCnROLL:	1
TRIX (15,9):	0.1100
Courbe Coppock:	11.52

MA7:	105.60
MA20:	102.32
MA50:	102.20
MA100:	99.78
MAexp7:	105.53
MAexp20:	103.34
MAexp50:	101.66
MAexp100:	99.75
Price / MA7:	+1.23%
Price / MA20:	+4.48%
Price / MA50:	+4.60%
Price / MA100:	+7.14%
Price / MAexp7:	+1.30%
Price / MAexp20:	+3.44%
Price / MAexp50:	+5.15%
Price / MAexp100:	+7.17%

Quotes : - 15 min delayed data - Euronext Paris

News

The latest news and videos published on EIFFAGE 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.

About author

Londinia AI

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