LVMH
LVMH
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: MC
ISIN: FR0000121014

LVMH - Daily - Technical analysis published on 10/03/2019 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Bearish
Technical indicators
22%
67%
11%
My opinion
Bearish under 355.00 EUR
My targets
343.25 EUR (-1.02%)
323.75 EUR (-6.65%)
My analysis
LVMH 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 355.00 EUR. The next support located at 343.25 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 323.75 EUR. Below this support, sellers could then target 311.70 EUR.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
FORCE
0
10
4.6

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The LVMH rating is 346.80 EUR. The price has increased by +0.81% since the last closing and was between 344.30 EUR and 352.35 EUR. This implies that the price is at +0.73% from its lowest and at -1.58% from its highest.

344.30
352.35
346.80

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



A study of price movements over other periods shows the following variations:
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 this Daily chart of LVMH indicates that the overall trend is bearish. The signals given by moving averages are 64.29% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : Daily


Moving Average bearish crossovers : AMA20 & AMA50

Type : Bearish

Timeframe : Daily



In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 2 are neutral and 12 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

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

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly


Price is back under the pivot point

Type : Bearish

Timeframe : Daily



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Horizontal support is broken

Type : Bearish

Timeframe : Daily


Support of channel is broken

Type : Bearish

Timeframe : Daily


Support of triangle is broken

Type : Bearish

Timeframe : Daily



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 311.70 323.75 343.25 346.80 355.00 369.25 385.60
Change (%) -10.12% -6.65% -1.02% - +2.36% +6.47% +11.19%
Change -35.10 -23.05 -3.55 - +8.20 +22.45 +38.80
Level Major Intermediate Intermediate - Intermediate 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
Standard325.80334.90339.45348.55353.10362.20366.75
Camarilla340.25341.50342.75344.00345.25346.50347.75
Woodie323.53333.76337.18347.41350.83361.06364.48
Fibonacci334.90340.11343.34348.55353.76356.99362.20


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard338.93347.62353.88362.57368.83377.52383.78
Camarilla356.04357.41358.78360.15361.52362.89364.26
Woodie337.73347.01352.68361.96367.63376.91382.58
Fibonacci347.62353.33356.86362.57368.28371.81377.52


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard320.25336.95350.80367.50381.35398.05411.90
Camarilla356.25359.05361.85364.65367.45370.25373.05
Woodie318.83336.24349.38366.79379.93397.34410.48
Fibonacci336.95348.62355.83367.50379.17386.38398.05

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): 38.11
MACD (12,26,9): -3.7900
Directional Movement: -14.16
AROON (14): -92.86
DEMA (21): 358.18
Parabolic SAR (0,02-0,02-0,2): 370.10
Elder Ray (13): -11.46
Super Trend (3,10): 373.85
Zig ZAG (10): 347.85
VORTEX (21): 0.8400
Stochastique (14,3,5): 4.77
TEMA (21): 354.59
Williams %R (14): -88.55
Chande Momentum Oscillator (20): -19.40
Repulse (5,40,3): -5.4500
ROCnROLL: 2
TRIX (15,9): -0.0300
Courbe Coppock: 9.74
MA7: 356.52
MA20: 367.02
MA50: 363.78
MA100: 363.56
MAexp7: 355.35
MAexp20: 362.01
MAexp50: 363.87
MAexp100: 357.41
Price / MA7: -2.73%
Price / MA20: -5.51%
Price / MA50: -4.67%
Price / MA100: -4.61%
Price / MAexp7: -2.41%
Price / MAexp20: -4.20%
Price / MAexp50: -4.69%
Price / MAexp100: -2.97%

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

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