NEXANS

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	NEX
ISIN:	FR0000044448

NEXANS - 1H - Technical analysis published on 03/03/2025 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bearish

Underlying: Bearish

Technical indicators

39%

33%

28%

My opinion

Bearish under 101.30 EUR

My targets

99.15 EUR (-0.75%)

96.55 EUR (-3.35%)

My analysis

All elements being rather bearish, it would be possible for traders to trade only short positions (for sale) on NEXANS as long as the price remains well below 101.30 EUR. The next bearish objective for sellers is set at 99.15 EUR. A bearish break of this support would revive the bearish momentum. Sellers could then target the next support located at 96.55 EUR. If there is any crossing, the next objective would be the support located at 93.12 EUR. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bearish, basic trend. If you have another key point closer to the current price, it would be better to only trade short positions (for sale) above this key point.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

3.4

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

NEXANS rating 99.90 EUR. On the day, this instrument lost -0.10% with the lowest point at 99.35 EUR and the highest point at 100.50 EUR. The deviation from the price is +0.55% for the low point and -0.60% for the high point.

99.35

100.50

99.90

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

Bullish opening

Type : Bullish

Timeframe : Openning

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

Technical

A technical analysis in 1H of this NEXANS chart shows a bearish trend. 71.43% of the signals given by moving averages are bearish. The overall trend seems to be showing some signs of weakness, as do the tentative bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

RSI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

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

Near horizontal support

Type : Bullish

Timeframe : 1 hour

Near support of channel

Type : Bullish

Timeframe : 1 hour

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	93.12	96.55	99.15	99.90	101.30	103.10	105.70
Change (%)	-6.79%	-3.35%	-0.75%	-	+1.40%	+3.20%	+5.81%
Change	-6.78	-3.35	-0.75	-	+1.40	+3.20	+5.80
Level	Intermediate	Major	Minor	-	Minor	Minor	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	97.72	98.53	99.27	100.08	100.82	101.63	102.37
Camarilla	99.57	99.72	99.86	100.00	100.14	100.28	100.43
Woodie	97.68	98.51	99.23	100.06	100.78	101.61	102.33
Fibonacci	98.53	99.13	99.49	100.08	100.68	101.04	101.63

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	89.38	94.27	97.13	102.02	104.88	109.77	112.63
Camarilla	97.87	98.58	99.29	100.00	100.71	101.42	102.13
Woodie	88.38	93.76	96.13	101.51	103.88	109.26	111.63
Fibonacci	94.27	97.23	99.06	102.02	104.98	106.81	109.77

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	68.35	78.40	89.20	99.25	110.05	120.10	130.90
Camarilla	94.27	96.18	98.09	100.00	101.91	103.82	105.73
Woodie	68.73	78.59	89.58	99.44	110.43	120.29	131.28
Fibonacci	78.40	86.37	91.29	99.25	107.22	112.14	120.10

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

Moving averages

RSI (14):	38.04
MACD (12,26,9):	-0.9700
Directional Movement:	-20.44
AROON (14):	-50.00
DEMA (21):	99.37
Parabolic SAR (0,02-0,02-0,2):	101.13
Elder Ray (13):	-0.37
Super Trend (3,10):	101.62
Zig ZAG (10):	100.00
VORTEX (21):	0.9400
Stochastique (14,3,5):	24.06
TEMA (21):	99.17
Williams %R (14):	-58.06
Chande Momentum Oscillator (20):	-0.80
Repulse (5,40,3):	0.6100
ROCnROLL:	2
TRIX (15,9):	-0.1600
Courbe Coppock:	2.47

MA7:	102.97
MA20:	98.03
MA50:	98.29
MA100:	108.93
MAexp7:	99.95
MAexp20:	100.71
MAexp50:	101.94
MAexp100:	101.29
Price / MA7:	-2.98%
Price / MA20:	+1.91%
Price / MA50:	+1.64%
Price / MA100:	-8.29%
Price / MAexp7:	-0.05%
Price / MAexp20:	-0.80%
Price / MAexp50:	-2.00%
Price / MAexp100:	-1.37%

Quotes : - 15 min delayed data - Euronext Paris

News

The last news published on NEXANS at the time of the generation of this analysis was as follows:

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

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