GROUPE CRIT

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	CEN
ISIN:	FR0000036675

GROUPE CRIT - Daily - Technical analysis published on 02/27/2020 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Strongly bearish

De fond: Strongly bearish

Technical indicators

11%

67%

22%

My opinion

Bearish under 65.6 EUR

My targets

60.5 EUR (-4.72%)

59.1 EUR (-6.93%)

My analysis

GROUPE CRIT is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 65.6 EUR. The next support located at 60.5 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 59.1 EUR. Below this support, sellers could then target 57.0 EUR. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.

FORCE

7.1

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 GROUPE CRIT rating is 63.5 EUR. On the day, this instrument lost -2.01% and was traded between 62.5 EUR and 64.1 EUR over the period. The price is currently at +1.60% from its lowest and -0.94% from its highest.

62.5

64.1

63.5

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

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

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Abnormal volumes on GROUPE CRIT were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 5 days

Technical

Technical analysis of GROUPE CRIT in Daily shows a overall strongly bearish trend. 85.71% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Bearish trend reversal : Moving Average 100

Type : Bearish

Timeframe : Daily

Technical indicators are bearish. There is still some doubt about the decline in the price.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Horizontal support is broken

Type : Bearish

Timeframe : Daily

Support of triangle is broken

Type : Bearish

Timeframe : Daily

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Black line without upper shadow

Type : Bearish

Timeframe : Daily

Long black line

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	59.1	60.5	62.8	63.5	65.6	67.5	69.5
Change (%)	-6.93%	-4.72%	-1.10%	-	+3.31%	+6.30%	+9.45%
Change	-4.4	-3.0	-0.7	-	+2.1	+4.0	+6.0
Level	Minor	Major	Intermediate	-	Major	Minor	Intermediate

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	57.2	59.5	62.1	64.4	67.0	69.3	71.9
Camarilla	63.5	63.9	64.4	64.8	65.3	65.7	66.2
Woodie	57.5	59.6	62.4	64.5	67.3	69.4	72.2
Fibonacci	59.5	61.3	62.5	64.4	66.2	67.4	69.3

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	63.3	64.8	66.6	68.1	69.9	71.4	73.2
Camarilla	67.6	67.9	68.2	68.5	68.8	69.1	69.4
Woodie	63.6	64.9	66.9	68.2	70.2	71.5	73.5
Fibonacci	64.8	66.0	66.8	68.1	69.3	70.1	71.4

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	60.2	64.2	66.5	70.5	72.8	76.8	79.1
Camarilla	67.2	67.8	68.3	68.9	69.5	70.1	70.6
Woodie	59.5	63.8	65.8	70.1	72.1	76.4	78.4
Fibonacci	64.2	66.6	68.1	70.5	72.9	74.4	76.8

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):	29.00
MACD (12,26,9):	-1.3000
Directional Movement:	-21.3
AROON (14):	-21.5
DEMA (21):	65.6
Parabolic SAR (0,02-0,02-0,2):	69.4
Elder Ray (13):	-3.3
Super Trend (3,10):	68.8
Zig ZAG (10):	63.5
VORTEX (21):	0.7000
Stochastique (14,3,5):	30.10
TEMA (21):	65.0
Williams %R (14):	-76.90
Chande Momentum Oscillator (20):	-2.9
Repulse (5,40,3):	-0.7000
ROCnROLL:	2
TRIX (15,9):	-0.3000
Courbe Coppock:	4.20

MA7:	66.6
MA20:	67.0
MA50:	70.5
MA100:	68.9
MAexp7:	65.9
MAexp20:	67.3
MAexp50:	68.7
MAexp100:	68.2
Price / MA7:	-4.65%
Price / MA20:	-5.22%
Price / MA50:	-9.93%
Price / MA100:	-7.84%
Price / MAexp7:	-3.64%
Price / MAexp20:	-5.65%
Price / MAexp50:	-7.57%
Price / MAexp100:	-6.89%

News

Don"t forget to follow the news on GROUPE CRIT. At the time of publication of this analysis, the latest news was as follows:

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

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