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 11/04/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

28%

44%

28%

My opinion

Bearish under 88.44 EUR

My targets

79.34 EUR (-7.85%)

73.14 EUR (-15.05%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on EIFFAGE as long as the price remains well below 88.44 EUR. The sellers' bearish objective is set at 79.34 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 73.14 EUR. In case of crossing, the next objective would be the support located at 64.12 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

6.6

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 86.10 EUR. The price is lower by -0.07% since the last closing and was between 85.84 EUR and 86.64 EUR. This implies that the price is at +0.30% from its lowest and at -0.62% from its highest.

85.84

86.64

86.10

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

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

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

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 strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 5 are neutral and 8 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	73.14	79.34	84.99	86.10	88.44	93.98	96.68
Change (%)	-15.05%	-7.85%	-1.29%	-	+2.72%	+9.15%	+12.29%
Change	-12.96	-6.76	-1.11	-	+2.34	+7.88	+10.58
Level	Intermediate	Major	Major	-	Major	Intermediate	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	84.76	85.16	85.66	86.06	86.56	86.96	87.46
Camarilla	85.91	86.00	86.08	86.16	86.24	86.33	86.41
Woodie	84.81	85.19	85.71	86.09	86.61	86.99	87.51
Fibonacci	85.16	85.50	85.72	86.06	86.40	86.62	86.96

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	81.32	82.92	84.54	86.14	87.76	89.36	90.98
Camarilla	85.28	85.57	85.87	86.16	86.46	86.75	87.05
Woodie	81.33	82.93	84.55	86.15	87.77	89.37	90.99
Fibonacci	82.92	84.15	84.91	86.14	87.37	88.13	89.36

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	75.52	79.54	82.50	86.52	89.48	93.50	96.46
Camarilla	83.54	84.18	84.82	85.46	86.10	86.74	87.38
Woodie	74.99	79.28	81.97	86.26	88.95	93.24	95.93
Fibonacci	79.54	82.21	83.85	86.52	89.19	90.83	93.50

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):	40.91
MACD (12,26,9):	-1.1000
Directional Movement:	-8.99
AROON (14):	-71.42
DEMA (21):	85.86
Parabolic SAR (0,02-0,02-0,2):	89.37
Elder Ray (13):	-0.53
Super Trend (3,10):	89.33
Zig ZAG (10):	86.12
VORTEX (21):	1.0300
Stochastique (14,3,5):	23.15
TEMA (21):	85.67
Williams %R (14):	-73.42
Chande Momentum Oscillator (20):	-3.50
Repulse (5,40,3):	0.2600
ROCnROLL:	2
TRIX (15,9):	-0.1800
Courbe Coppock:	5.20

MA7:	85.99
MA20:	87.53
MA50:	90.35
MA100:	90.57
MAexp7:	86.25
MAexp20:	87.34
MAexp50:	89.16
MAexp100:	90.73
Price / MA7:	+0.13%
Price / MA20:	-1.63%
Price / MA50:	-4.70%
Price / MA100:	-4.94%
Price / MAexp7:	-0.17%
Price / MAexp20:	-1.42%
Price / MAexp50:	-3.43%
Price / MAexp100:	-5.10%

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.

About author

Londinia AI

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