LOREAL

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	OR
ISIN:	FR0000120321

LOREAL - Daily - Technical analysis published on 09/13/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

72%

17%

11%

My opinion

Bullish above 350.36 EUR

My targets

369.23 EUR (+2.94%)

398.12 EUR (+10.99%)

My analysis

The basic bullish trend is very strong on LOREAL but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 350.36 EUR. Crossing the first resistance at 369.23 EUR would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 398.12 EUR as an objective. Crossing it would then enable buyers to target 425.28 EUR. Caution, a return to below 350.36 EUR would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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

Force

6.8

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.

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Additional analysis

Quotes

The LOREAL price is 358.70 EUR. On the day, this instrument gained +1.79% with the lowest point at 355.30 EUR and the highest point at 361.70 EUR. The deviation from the price is +0.96% for the low point and -0.83% for the high point.

355.30

361.70

358.70

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

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

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of LOREAL in Daily shows a strongly overall bullish trend. The signals given by moving averages are 85.71% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : Daily

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : Daily

Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : Daily

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

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

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

Near resistance of channel

Type : Bearish

Timeframe : Daily

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

Upside gap

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	323.64	332.96	350.36	358.70	369.23	398.12	425.28
Change (%)	-9.77%	-7.18%	-2.33%	-	+2.94%	+10.99%	+18.56%
Change	-35.06	-25.74	-8.34	-	+10.53	+39.42	+66.58
Level	Intermediate	Minor	Major	-	Intermediate	Intermediate	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	335.85	339.50	345.95	349.60	356.05	359.70	366.15
Camarilla	349.62	350.55	351.47	352.40	353.33	354.25	355.18
Woodie	337.25	340.20	347.35	350.30	357.45	360.40	367.55
Fibonacci	339.50	343.36	345.74	349.60	353.46	355.84	359.70

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	324.73	329.77	337.53	342.57	350.33	355.37	363.13
Camarilla	341.78	342.95	344.13	345.30	346.47	347.65	348.82
Woodie	326.10	330.45	338.90	343.25	351.70	356.05	364.50
Fibonacci	329.77	334.66	337.68	342.57	347.46	350.48	355.37

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	297.63	318.32	330.78	351.47	363.93	384.62	397.08
Camarilla	334.13	337.17	340.21	343.25	346.29	349.33	352.37
Woodie	293.53	316.26	326.68	349.41	359.83	382.56	392.98
Fibonacci	318.32	330.98	338.80	351.47	364.13	371.95	384.62

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):	58.48
MACD (12,26,9):	-1.4300
Directional Movement:	7.12
AROON (14):	-64.28
DEMA (21):	348.18
Parabolic SAR (0,02-0,02-0,2):	335.54
Elder Ray (13):	9.60
Super Trend (3,10):	363.98
Zig ZAG (10):	358.55
VORTEX (21):	0.9300
Stochastique (14,3,5):	59.19
TEMA (21):	345.07
Williams %R (14):	-19.18
Chande Momentum Oscillator (20):	5.65
Repulse (5,40,3):	2.9700
ROCnROLL:	1
TRIX (15,9):	-0.0900
Courbe Coppock:	6.30

MA7:	346.46
MA20:	351.01
MA50:	351.80
MA100:	337.39
MAexp7:	349.19
MAexp20:	349.86
MAexp50:	348.53
MAexp100:	346.80
Price / MA7:	+3.53%
Price / MA20:	+2.19%
Price / MA50:	+1.96%
Price / MA100:	+6.32%
Price / MAexp7:	+2.72%
Price / MAexp20:	+2.53%
Price / MAexp50:	+2.92%
Price / MAexp100:	+3.43%

Quotes : - 15 min delayed data - Euronext Paris

News

Don't forget to follow the news on LOREAL. 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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