JCDECAUX
JCDECAUX
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: DEC
ISIN: FR0000077919

JCDECAUX - Daily - Technical analysis published on 05/09/2024 (GMT)

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  • 05/09/2024 - 07:30
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  • Timeframe : Daily
  • - Analysis generated on 05/09/2024 - 07:30
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 20.46 EUR
My targets
22.71 EUR (+5.92%)
24.24 EUR (+13.06%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on JCDECAUX as long as the price remains well above 20.46 EUR. The buyers' bullish objective is set at 22.71 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 24.24 EUR. If there is any crossing, the next objective would be the resistance located at 26.10 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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
0
10
8.4

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

JCDECAUX rating 21.44 EUR. The price is lower by -0.09% since the last closing and was traded between 21.44 EUR and 21.52 EUR over the period. The price is currently at 0% from its lowest and -0.37% from its highest.

21.44
21.52
21.44

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
Created with Raphaël 2.3.0-12.5012.52537.550January 1st3 years1 year6 months1 month5 daysToday
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (1 year)

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


A technical analysis in Daily of this JCDECAUX chart shows a strongly bullish trend. 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 market scanner currently does not detect any result that concerns moving averages.

In fact, 14 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found no further results concerning independent technical indicators.

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

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 16.14 16.78 19.24 21.44 22.71 24.24 26.10
Change (%) -24.72% -21.74% -10.26% - +5.92% +13.06% +21.74%
Change -5.30 -4.66 -2.20 - +1.27 +2.80 +4.66
Level Minor Intermediate 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
Standard21.1321.2721.3721.5121.6121.7521.85
Camarilla21.3921.4221.4421.4621.4821.5021.53
Woodie21.1021.2621.3421.5021.5821.7421.82
Fibonacci21.2721.3721.4221.5121.6121.6621.75


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard17.3018.4120.0121.1222.7223.8325.43
Camarilla20.8821.1221.3721.6221.8722.1222.37
Woodie17.5618.5320.2721.2422.9823.9525.69
Fibonacci18.4119.4420.0821.1222.1522.7923.83


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard16.1416.9918.3019.1520.4621.3122.62
Camarilla19.0319.2219.4219.6219.8220.0220.21
Woodie16.3817.1118.5419.2720.7021.4322.86
Fibonacci16.9917.8118.3219.1519.9720.4821.31

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
Created with Raphaël 2.3.0Buy14
Moving averages
Created with Raphaël 2.3.0Buy26

RSI (14): 74.89
MACD (12,26,9): 0.8100
Directional Movement: 29.66
AROON (14): 71.43
DEMA (21): 20.97
Parabolic SAR (0,02-0,02-0,2): 20.83
Elder Ray (13): 1.03
Super Trend (3,10): 19.89
Zig ZAG (10): 21.48
VORTEX (21): 1.1900
Stochastique (14,3,5): 78.01
TEMA (21): 21.51
Williams %R (14): -22.02
Chande Momentum Oscillator (20): 2.17
Repulse (5,40,3): -2.0900
ROCnROLL: 1
TRIX (15,9): 0.4700
Courbe Coppock: 22.82
MA7: 20.96
MA20: 19.76
MA50: 18.74
MA100: 18.53
MAexp7: 21.01
MAexp20: 20.02
MAexp50: 19.14
MAexp100: 18.57
Price / MA7: +2.29%
Price / MA20: +8.50%
Price / MA50: +14.41%
Price / MA100: +15.70%
Price / MAexp7: +2.05%
Price / MAexp20: +7.09%
Price / MAexp50: +12.02%
Price / MAexp100: +15.46%

Quotes : 05/09/2024 - 07:11 - 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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