ENGIE
ENGIE
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: ENGI
ISIN: FR0010208488

ENGIE - Daily - Technical analysis published on 01/16/2023 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Neutral
Technical indicators
33%
28%
39%
My opinion
Bearish under 13.862 EUR
My targets
12.976 EUR (-2.47%)
12.304 EUR (-7.52%)
My analysis
The current short-term bearish acceleration registered on ENGIE should quickly allow the basic trend to return to a bearish trend. To avoid contradicting the short term, traders could favour short positions (for sale) as long as the price remains well below 13.862 EUR. Short-term sellers will use the support located at 12.976 EUR as an objective. A bearish break of this support would revive the bearish momentum. The next bearish objective would then be set at 12.304 EUR. Crossing this support would then open the door for sellers to target 11.529 EUR. Caution, if there is a return to below 13.862 EUR, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend buyers, many of whom will certainly benefit from this movement.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
1.6

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:
15 min. 1H Weekly

Additional analysis

Quotes

The ENGIE price is 13.304 EUR. The price is lower by -0.15% since the last closing and was between 13.300 EUR and 13.386 EUR. This implies that the price is at +0.03% from its lowest and at -0.61% from its highest.

13.300
13.386
13.304

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by ENGIE:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of ENGIE indicates that the overall trend is not clearly defined. The strong bearish signals currently being given by short-term moving averages could allow the overall trend to return to a bearish trend. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

On the 18 technical indicators analysed, 6 are bullish, 7 are neutral and 5 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Daily



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
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 11.529 12.304 12.976 13.304 13.862 14.516 14.904
Change (%) -13.34% -7.52% -2.47% - +4.19% +9.11% +12.03%
Change -1.775 -1.000 -0.328 - +0.558 +1.212 +1.600
Level Major Major Major - 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
Standard12.96913.09913.21113.34113.45313.58313.695
Camarilla13.25813.28013.30213.32413.34613.36813.391
Woodie12.96113.09513.20313.33713.44513.57913.687
Fibonacci13.09913.19113.24813.34113.43313.49013.583


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12.42112.68313.00313.26513.58513.84714.167
Camarilla13.16413.21713.27113.32413.37713.43113.484
Woodie12.45112.69813.03313.28013.61513.86214.197
Fibonacci12.68312.90513.04213.26513.48713.62413.847


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard10.98211.96812.67813.66414.37415.36016.070
Camarilla12.92213.07713.23313.38813.54413.69913.854
Woodie10.84411.89912.54013.59514.23615.29115.932
Fibonacci11.96812.61613.01613.66414.31214.71215.360

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): 43.13
MACD (12,26,9): -0.1760
Directional Movement: -11.627
AROON (14): -21.429
DEMA (21): 13.242
Parabolic SAR (0,02-0,02-0,2): 13.810
Elder Ray (13): -0.027
Super Trend (3,10): 13.988
Zig ZAG (10): 13.308
VORTEX (21): 0.9070
Stochastique (14,3,5): 50.00
TEMA (21): 13.093
Williams %R (14): -53.87
Chande Momentum Oscillator (20): -0.226
Repulse (5,40,3): -1.0360
ROCnROLL: 2
TRIX (15,9): -0.2130
Courbe Coppock: 5.23
MA7: 13.231
MA20: 13.430
MA50: 13.917
MA100: 13.186
MAexp7: 13.307
MAexp20: 13.469
MAexp50: 13.555
MAexp100: 13.264
Price / MA7: +0.55%
Price / MA20: -0.94%
Price / MA50: -4.40%
Price / MA100: +0.89%
Price / MAexp7: -0.02%
Price / MAexp20: -1.23%
Price / MAexp50: -1.85%
Price / MAexp100: +0.30%

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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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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