JCDECAUX

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	DEC
ISIN:	FR0000077919

JCDECAUX - 1H - Technical analysis published on 05/10/2024 (GMT)

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05/10/2024 - 08:20
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Timeframe : 1H
- Analysis generated on 05/10/2024 - 08:20
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

61%

11%

28%

My opinion

Bullish above 21.62 EUR

My targets

22.22 EUR (+1.46%)

22.71 EUR (+3.70%)

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 21.62 EUR. The buyers' bullish objective is set at 22.22 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 22.71 EUR. If there is any crossing, the next objective would be the resistance located at 24.24 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

7.7

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 Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

JCDECAUX rating 21.90 EUR. The price registered an increase of +1.96% on the session and was between 21.58 EUR and 22.00 EUR. This implies that the price is at +1.48% from its lowest and at -0.45% from its highest.

21.58

22.00

21.90

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

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:

The study of the highest / lowest by the Central Records scanner shows the following results:

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

Technical analysis of this 1H chart of JCDECAUX 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 market scanner is currently detecting several bullish signals that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

RSI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour

Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of these bullish patterns in Japanese candlesticks:

White line without lower shadow

Type : Bullish

Timeframe : 1 hour

Long white line

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	18.19	19.24	21.62	21.90	22.22	22.71	24.24
Change (%)	-16.94%	-12.15%	-1.28%	-	+1.46%	+3.70%	+10.68%
Change	-3.71	-2.66	-0.28	-	+0.32	+0.81	+2.34
Level	Minor	Major	Major	-	Minor	Major	Minor

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	21.09	21.27	21.37	21.55	21.65	21.83	21.93
Camarilla	21.40	21.43	21.45	21.48	21.51	21.53	21.56
Woodie	21.06	21.25	21.34	21.53	21.62	21.81	21.90
Fibonacci	21.27	21.37	21.44	21.55	21.65	21.72	21.83

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	17.30	18.41	20.01	21.12	22.72	23.83	25.43
Camarilla	20.88	21.12	21.37	21.62	21.87	22.12	22.37
Woodie	17.56	18.53	20.27	21.24	22.98	23.95	25.69
Fibonacci	18.41	19.44	20.08	21.12	22.15	22.79	23.83

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	16.14	16.99	18.30	19.15	20.46	21.31	22.62
Camarilla	19.03	19.22	19.42	19.62	19.82	20.02	20.21
Woodie	16.38	17.11	18.54	19.27	20.70	21.43	22.86
Fibonacci	16.99	17.81	18.32	19.15	19.97	20.48	21.31

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):	62.62
MACD (12,26,9):	0.0800
Directional Movement:	15.24
AROON (14):	64.29
DEMA (21):	21.72
Parabolic SAR (0,02-0,02-0,2):	21.18
Elder Ray (13):	0.16
Super Trend (3,10):	21.31
Zig ZAG (10):	21.88
VORTEX (21):	0.9900
Stochastique (14,3,5):	52.38
TEMA (21):	21.63
Williams %R (14):	-21.43
Chande Momentum Oscillator (20):	0.36
Repulse (5,40,3):	0.6800
ROCnROLL:	1
TRIX (15,9):	0.0500
Courbe Coppock:	1.02

MA7:	21.28
MA20:	19.92
MA50:	18.78
MA100:	18.58
MAexp7:	21.66
MAexp20:	21.60
MAexp50:	21.30
MAexp100:	20.73
Price / MA7:	+2.91%
Price / MA20:	+9.94%
Price / MA50:	+16.61%
Price / MA100:	+17.87%
Price / MAexp7:	+1.11%
Price / MAexp20:	+1.39%
Price / MAexp50:	+2.82%
Price / MAexp100:	+5.64%

Quotes : 05/10/2024 - 08:03 - 15 min delayed data - Euronext Paris

News

Don't forget to follow the news on JCDECAUX. At the time of publication of this analysis, the latest news was as follows:

04/23/2024 - 15:40 JCDecaux publishes the results of a study that measures the socioeconomic footprint of its activities worldwide and in France
04/22/2024 - 15:40 JCDecaux gains Ipsos validation for its global metro audience measurement
04/16/2024 - 15:38 JCDecaux : Information concerning the availability of all the explanatory documentation to the Combined General Meeting to be held on May 7, 2024
04/05/2024 - 15:39 JCDecaux : Publication of the 2023 Universal Registration Document
03/15/2024 - 16:45 “6 become 7”: Software République welcomes JCDecaux, paving the way for new open-innovation opportunities for cities and citizens.

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

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