EURAZEO - Daily - Technical analysis published on 06/10/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
17%
56%
28%
My opinion
Bearish under 76.67 EUR
My targets
72.97 EUR (-3.29%)
68.62 EUR (-9.05%)
My analysis
In the short term, we can see an acceleration in the bearish trend on EURAZEO, which is a positive signal for sellers. As long as the price remains above 76.67 EUR, a sale could be considered. The first bearish objective is located at 72.97 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 68.62 EUR as an objective. Crossing it would then enable sellers to target 65.35 EUR. If the price were to return above 76.67 EUR, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
4.8
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
EURAZEO rating 75.45 EUR. The price registered a decrease of -0.20% on the session with the lowest point at 73.90 EUR and the highest point at 75.45 EUR. The deviation from the price is +2.10% for the low point and 0% for the high point.73.90
75.45
75.45
The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by EURAZEO:
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this EURAZEO chart shows a bearish trend. 67.86% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : Daily
The probability of a further decline is moderate given the direction of the technical indicators.
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
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Support of channel is broken
Type : Bearish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 65.35 | 68.62 | 72.97 | 75.45 | 76.67 | 79.59 | 84.15 |
Change (%) | -13.39% | -9.05% | -3.29% | - | +1.62% | +5.49% | +11.53% |
Change | -10.10 | -6.83 | -2.48 | - | +1.22 | +4.14 | +8.70 |
Level | Major | Minor | Intermediate | - | Intermediate | Major | Intermediate |
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 | 70.27 | 72.53 | 74.07 | 76.33 | 77.87 | 80.13 | 81.67 |
Camarilla | 74.56 | 74.90 | 75.25 | 75.60 | 75.95 | 76.30 | 76.65 |
Woodie | 69.90 | 72.35 | 73.70 | 76.15 | 77.50 | 79.95 | 81.30 |
Fibonacci | 72.53 | 73.99 | 74.88 | 76.33 | 77.79 | 78.68 | 80.13 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 66.73 | 70.77 | 73.18 | 77.22 | 79.63 | 83.67 | 86.08 |
Camarilla | 73.83 | 74.42 | 75.01 | 75.60 | 76.19 | 76.78 | 77.37 |
Woodie | 65.93 | 70.36 | 72.38 | 76.81 | 78.83 | 83.26 | 85.28 |
Fibonacci | 70.77 | 73.23 | 74.75 | 77.22 | 79.68 | 81.20 | 83.67 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 64.97 | 70.28 | 73.77 | 79.08 | 82.57 | 87.88 | 91.37 |
Camarilla | 74.83 | 75.64 | 76.44 | 77.25 | 78.06 | 78.86 | 79.67 |
Woodie | 64.05 | 69.83 | 72.85 | 78.63 | 81.65 | 87.43 | 90.45 |
Fibonacci | 70.28 | 73.65 | 75.72 | 79.08 | 82.45 | 84.52 | 87.88 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
RSI (14): | 37.86 | |
MACD (12,26,9): | -0.8200 | |
Directional Movement: | -13.37 | |
AROON (14): | -28.57 | |
DEMA (21): | 77.68 | |
Parabolic SAR (0,02-0,02-0,2): | 81.12 | |
Elder Ray (13): | -3.47 | |
Super Trend (3,10): | 80.90 | |
Zig ZAG (10): | 75.45 | |
VORTEX (21): | 0.7900 | |
Stochastique (14,3,5): | 30.79 | |
TEMA (21): | 76.85 | |
Williams %R (14): | -78.91 | |
Chande Momentum Oscillator (20): | -1.35 | |
Repulse (5,40,3): | -0.7400 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.1100 | |
Courbe Coppock: | 2.92 |
MA7: | 78.00 | |
MA20: | 78.58 | |
MA50: | 79.79 | |
MA100: | 77.80 | |
MAexp7: | 77.51 | |
MAexp20: | 78.62 | |
MAexp50: | 78.82 | |
MAexp100: | 76.48 | |
Price / MA7: | -3.27% | |
Price / MA20: | -3.98% | |
Price / MA50: | -5.44% | |
Price / MA100: | -3.02% | |
Price / MAexp7: | -2.66% | |
Price / MAexp20: | -4.03% | |
Price / MAexp50: | -4.28% | |
Price / MAexp100: | -1.35% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The latest news and videos published on EURAZEO at the time of the analysis were as follows:
- Ares, Eurazeo, Barings Among Top 2023 European Direct Lenders - Lower Mid Market Deals Account for 80% of Transactions Despite Record Unitranche Size Raised
- Alt Mobility raises $6mn in Funding Co-led by Shell Ventures, Eurazeo, EV2 and Twynam
- Alt Mobility raises $6mn in Funding Co-led by Shell Ventures, Eurazeo, EV2 and Twynam
- Eurazeo Announces Sale of Majority Ownership Position in NEST New York to North Castle Partners Led Investor Group
- Private Equity Women Investor Network Names Eurazeo 2022 International General Partner of the Year
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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