LAGARDERE SA
LAGARDERE SA
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: MMB
ISIN: FR0000130213

LAGARDERE SA - Daily - Technical analysis published on 07/25/2023 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
56%
6%
39%
My opinion
Bullish above 20.77 EUR
My targets
22.53 EUR (+3.82%)
23.69 EUR (+9.17%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on LAGARDERE SA as long as the price remains well above 20.77 EUR. The buyers' bullish objective is set at 22.53 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 23.69 EUR. If there is any crossing, the next objective would be the resistance located at 26.03 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.6

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:
1H Weekly

Additional analysis

Quotes

LAGARDERE SA rating 21.70 EUR. On the day, this instrument gained +1.64% and was traded between 21.35 EUR and 21.70 EUR over the period. The price is currently at +1.64% from its lowest and 0% from its highest.

21.35
21.70
21.70

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 result:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of LAGARDERE SA in Daily shows a strongly overall bullish trend. 82.14% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily



In fact, 10 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily


RSI indicator is back over 50

Type : Bullish

Timeframe : Daily


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily


MACD indicator is back over 0

Type : Bullish

Timeframe : Daily



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : Daily



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 17.79 18.81 20.77 21.70 21.92 22.53 23.69
Change (%) -18.02% -13.32% -4.29% - +1.01% +3.82% +9.17%
Change -3.91 -2.89 -0.93 - +0.22 +0.83 +1.99
Level Minor Major Major - Major Intermediate Major



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
Standard20.9521.0521.2021.3021.4521.5521.70
Camarilla21.2821.3021.3321.3521.3721.4021.42
Woodie20.9821.0621.2321.3121.4821.5621.73
Fibonacci21.0521.1521.2121.3021.4021.4621.55


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard20.4220.7320.9721.2821.5221.8322.07
Camarilla21.0521.1021.1521.2021.2521.3021.35
Woodie20.3820.7120.9321.2621.4821.8122.03
Fibonacci20.7320.9421.0721.2821.4921.6221.83


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard19.2020.0520.7521.6022.3023.1523.85
Camarilla21.0221.1721.3121.4521.5921.7321.88
Woodie19.1320.0120.6821.5622.2323.1123.78
Fibonacci20.0520.6421.0121.6022.1922.5623.15

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): 54.58
MACD (12,26,9): 0.0000
Directional Movement: 1.34
AROON (14): 21.43
DEMA (21): 21.41
Parabolic SAR (0,02-0,02-0,2): 20.89
Elder Ray (13): 0.11
Super Trend (3,10): 22.15
Zig ZAG (10): 21.70
VORTEX (21): 1.0300
Stochastique (14,3,5): 62.28
TEMA (21): 21.42
Williams %R (14): -5.56
Chande Momentum Oscillator (20): 0.80
Repulse (5,40,3): 2.1500
ROCnROLL: 1
TRIX (15,9): -0.0200
Courbe Coppock: 0.30
MA7: 21.39
MA20: 21.40
MA50: 21.46
MA100: 21.01
MAexp7: 21.45
MAexp20: 21.42
MAexp50: 21.36
MAexp100: 20.91
Price / MA7: +1.45%
Price / MA20: +1.40%
Price / MA50: +1.12%
Price / MA100: +3.28%
Price / MAexp7: +1.17%
Price / MAexp20: +1.31%
Price / MAexp50: +1.59%
Price / MAexp100: +3.78%

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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