ELEC.STRASBOURG

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	ELEC
ISIN:	FR0000031023

ELEC.STRASBOURG - Daily - Technical analysis published on 07/26/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

67%

28%

My opinion

Bearish under 105.6 EUR

My targets

99.4 EUR (-3.96%)

95.5 EUR (-7.73%)

My analysis

The bearish trend is currently very strong for ELEC.STRASBOURG. As long as the price remains below the resistance at 105.6 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 99.4 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 95.5 EUR as an objective. Crossing it would then enable sellers to target 93.4 EUR. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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 bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.

Force

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

ELEC.STRASBOURG rating 103.5 EUR. On the day, this instrument lost -0.96% and was traded between 103.5 EUR and 104.5 EUR over the period. The price is currently at 0% from its lowest and -0.96% from its highest.

103.5

104.5

103.5

Here is a more detailed summary of the historical variations registered by ELEC.STRASBOURG:

Technical

Technical analysis of ELEC.STRASBOURG in Daily shows a overall strongly bearish trend. 82.14% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 12 technical indicators on 18 studied are currently positioned bearish. The Central Indicators scanner found no further results concerning independent technical indicators.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near support of channel

Type : Bullish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	93.4	95.5	99.4	103.5	105.6	112.6
Change (%)	-9.76%	-7.73%	-3.96%	-	+2.03%	+8.79%
Change	-10.1	-8.0	-4.1	-	+2.1	+9.1
Level	Major	Minor	Major	-	Major	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	101.8	103.2	103.8	105.2	105.8	107.2	107.8
Camarilla	104.0	104.1	104.3	104.5	104.7	104.9	105.1
Woodie	101.5	103.0	103.5	105.0	105.5	107.0	107.5
Fibonacci	103.2	103.9	104.4	105.2	105.9	106.4	107.2

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	96.7	99.3	101.7	104.3	106.7	109.3	111.7
Camarilla	102.6	103.1	103.5	104.0	104.5	104.9	105.4
Woodie	96.5	99.3	101.5	104.3	106.5	109.3	111.5
Fibonacci	99.3	101.2	102.4	104.3	106.2	107.4	109.3

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	100.4	103.0	106.0	108.6	111.6	114.2	117.2
Camarilla	107.5	108.0	108.5	109.0	109.5	110.0	110.5
Woodie	100.6	103.1	106.2	108.7	111.8	114.3	117.4
Fibonacci	103.0	105.1	106.5	108.6	110.7	112.1	114.2

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):	37.80
MACD (12,26,9):	-1.1000
Directional Movement:	-23.3
AROON (14):	-57.1
DEMA (21):	105.1
Parabolic SAR (0,02-0,02-0,2):	109.4
Elder Ray (13):	-1.8
Super Trend (3,10):	109.3
Zig ZAG (10):	103.5
VORTEX (21):	0.9000
Stochastique (14,3,5):	32.20
TEMA (21):	104.5
Williams %R (14):	-78.60
Chande Momentum Oscillator (20):	-3.5
Repulse (5,40,3):	-1.8000
ROCnROLL:	2
TRIX (15,9):	-0.1000
Courbe Coppock:	6.80

MA7:	104.9
MA20:	107.0
MA50:	108.5
MA100:	108.0
MAexp7:	105.1
MAexp20:	106.4
MAexp50:	107.4
MAexp100:	106.2
Price / MA7:	-1.33%
Price / MA20:	-3.27%
Price / MA50:	-4.61%
Price / MA100:	-4.17%
Price / MAexp7:	-1.52%
Price / MAexp20:	-2.73%
Price / MAexp50:	-3.63%
Price / MAexp100:	-2.54%

Quotes : - 15 min delayed data - Euronext Paris

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

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