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 10/07/2019 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

72%

28%

My opinion

Bullish above 14.306 EUR

My targets

14.925 EUR (+1.22%)

16.535 EUR (+12.14%)

My analysis

ENGIE is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 14.306 EUR. The next resistance located at 14.925 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 16.535 EUR. After this resistance, buyers could then target 22.808 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

FORCE

8.4

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.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The ENGIE price is 14.745 EUR. The price is lower by -0.17% since the last closing and was traded between 14.660 EUR and 14.790 EUR over the period. The price is currently at +0.58% from its lowest and -0.30% from its highest.

14.660

14.790

14.745

Here is a more detailed summary of the historical variations registered by ENGIE:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of ENGIE indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 13 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Bullish engulfing lines

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	13.822	14.129	14.306	14.745	14.925	16.535	22.808
Change (%)	-6.26%	-4.18%	-2.98%	-	+1.22%	+12.14%	+54.68%
Change	-0.923	-0.616	-0.439	-	+0.180	+1.790	+8.063
Level	Intermediate	Minor	Major	-	Major	Minor	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	14.195	14.310	14.540	14.655	14.885	15.000	15.230
Camarilla	14.675	14.707	14.738	14.770	14.802	14.833	14.865
Woodie	14.253	14.339	14.598	14.684	14.943	15.029	15.288
Fibonacci	14.310	14.442	14.523	14.655	14.787	14.868	15.000

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.742	14.073	14.422	14.753	15.102	15.433	15.782
Camarilla	14.583	14.645	14.708	14.770	14.832	14.895	14.957
Woodie	13.750	14.078	14.430	14.758	15.110	15.438	15.790
Fibonacci	14.073	14.333	14.494	14.753	15.013	15.174	15.433

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12.130	12.700	13.840	14.410	15.550	16.120	17.260
Camarilla	14.510	14.667	14.823	14.980	15.137	15.294	15.450
Woodie	12.415	12.843	14.125	14.553	15.835	16.263	17.545
Fibonacci	12.700	13.353	13.757	14.410	15.063	15.467	16.120

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):	60.48
MACD (12,26,9):	0.2800
Directional Movement:	11.442
AROON (14):	71.429
DEMA (21):	14.775
Parabolic SAR (0,02-0,02-0,2):	15.058
Elder Ray (13):	0.155
Super Trend (3,10):	14.199
Zig ZAG (10):	14.745
VORTEX (21):	1.1790
Stochastique (14,3,5):	71.73
TEMA (21):	14.914
Williams %R (14):	-27.63
Chande Momentum Oscillator (20):	0.500
Repulse (5,40,3):	1.9820
ROCnROLL:	1
TRIX (15,9):	0.2770
Courbe Coppock:	12.79

MA7:	14.764
MA20:	14.336
MA50:	13.881
MA100:	13.613
MAexp7:	14.703
MAexp20:	14.420
MAexp50:	14.037
MAexp100:	13.680
Price / MA7:	-0.13%
Price / MA20:	+2.85%
Price / MA50:	+6.22%
Price / MA100:	+8.32%
Price / MAexp7:	+0.29%
Price / MAexp20:	+2.25%
Price / MAexp50:	+5.04%
Price / MAexp100:	+7.79%

News

The latest news and videos published on ENGIE at the time of the analysis were as follows:

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

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