GROUPE SFPI - Daily - Technical analysis published on 10/04/2022 (GMT)
- 158
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
39%
28%
33%
My opinion
Bearish under 2.443 EUR
My targets
2.185 EUR (-5.82%)
1.925 EUR (-17.03%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on GROUPE SFPI as long as the price remains well below 2.443 EUR. The sellers' bearish objective is set at 2.185 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.925 EUR. In case of crossing, the next objective would be the support located at 1.773 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
0
10
5.7
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
GROUPE SFPI rating 2.320 EUR. The price registered an increase of +12.90% on the session and was traded between 2.055 EUR and 2.480 EUR over the period. The price is currently at +12.90% from its lowest and -6.45% from its highest.2.055
2.480
2.320
A study of price movements over other periods shows the following variations:
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 LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of GROUPE SFPI indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 7 are bullish, 6 are neutral and 5 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : Daily
SuperTrend indicator bullish reversal
Type : Bullish
Timeframe : Daily
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of these bullish patterns in Japanese candlesticks:
White line without lower shadow
Type : Bullish
Timeframe : Daily
Long white line
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.062 | 1.773 | 2.185 | 2.320 | 2.443 | 2.685 | 2.858 |
| Change (%) | -54.22% | -23.58% | -5.82% | - | +5.30% | +15.73% | +23.19% |
| Change | -1.258 | -0.547 | -0.135 | - | +0.123 | +0.365 | +0.538 |
| Level | Major | Major | Minor | - | Intermediate | Intermediate | Minor |
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 | 1.930 | 1.965 | 2.010 | 2.045 | 2.090 | 2.125 | 2.170 |
| Camarilla | 2.033 | 2.040 | 2.048 | 2.055 | 2.062 | 2.070 | 2.077 |
| Woodie | 1.935 | 1.968 | 2.015 | 2.048 | 2.095 | 2.128 | 2.175 |
| Fibonacci | 1.965 | 1.996 | 2.014 | 2.045 | 2.076 | 2.094 | 2.125 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.713 | 1.907 | 2.003 | 2.197 | 2.293 | 2.487 | 2.583 |
| Camarilla | 2.020 | 2.047 | 2.073 | 2.100 | 2.127 | 2.153 | 2.180 |
| Woodie | 1.665 | 1.883 | 1.955 | 2.173 | 2.245 | 2.463 | 2.535 |
| Fibonacci | 1.907 | 2.017 | 2.086 | 2.197 | 2.307 | 2.376 | 2.487 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.400 | 1.750 | 1.925 | 2.275 | 2.450 | 2.800 | 2.975 |
| Camarilla | 1.956 | 2.004 | 2.052 | 2.100 | 2.148 | 2.196 | 2.244 |
| Woodie | 1.313 | 1.706 | 1.838 | 2.231 | 2.363 | 2.756 | 2.888 |
| Fibonacci | 1.750 | 1.951 | 2.075 | 2.275 | 2.476 | 2.600 | 2.800 |
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): | 46.08 | |
| MACD (12,26,9): | -0.1010 | |
| Directional Movement: | 0.192 | |
| AROON (14): | -85.714 | |
| DEMA (21): | 2.217 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.000 | |
| Elder Ray (13): | -0.013 | |
| Super Trend (3,10): | 1.932 | |
| Zig ZAG (10): | 2.320 | |
| VORTEX (21): | 0.7940 | |
| Stochastique (14,3,5): | 20.00 | |
| TEMA (21): | 2.153 | |
| Williams %R (14): | -48.80 | |
| Chande Momentum Oscillator (20): | -0.235 | |
| Repulse (5,40,3): | 6.2460 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.4270 | |
| Courbe Coppock: | 26.06 |
| MA7: | 2.186 | |
| MA20: | 2.384 | |
| MA50: | 2.503 | |
| MA100: | 2.561 | |
| MAexp7: | 2.216 | |
| MAexp20: | 2.336 | |
| MAexp50: | 2.454 | |
| MAexp100: | 2.565 | |
| Price / MA7: | +6.13% | |
| Price / MA20: | -2.68% | |
| Price / MA50: | -7.31% | |
| Price / MA100: | -9.41% | |
| Price / MAexp7: | +4.69% | |
| Price / MAexp20: | -0.68% | |
| Price / MAexp50: | -5.46% | |
| Price / MAexp100: | -9.55% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
Don't forget to follow the news on GROUPE SFPI. At the time of publication of this analysis, the latest news was as follows:
- Wood Fiber Costs for Softwood Pulp Manufacturers in 16 Countries Have Gone up the Past Two Years, and as a Result, in the 1Q/19, the SFPI Price Index Reached Its Highest Level in Five Years
- Sequana Medical establishes new corporate headquarters in Ghent, Belgium and raises €8.5 million from leading Belgian investors including Newton Biocapital, PMV and SFPI-FPIM as well as existing shareholders
-
Groupe SFPI
-
Groupe SFPI
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis GROUPE SFPI - Daily