NRJ GROUP
NRJ GROUP
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: NRG
ISIN: FR0000121691

NRJ GROUP - Daily - Technical analysis published on 10/25/2024 (GMT)

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  • Timeframe : Daily
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  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 7.54 EUR
My targets
7.24 EUR (-2.16%)
7.03 EUR (-5.00%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on NRJ GROUP as long as the price remains well below 7.54 EUR. The sellers' bearish objective is set at 7.24 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 7.03 EUR. In case of crossing, the next objective would be the support located at 6.90 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7.3

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:
Weekly

Additional analysis

Quotes

The NRJ GROUP price is 7.40 EUR. The price is lower by -0.27% since the last closing and was between 7.40 EUR and 7.42 EUR. This implies that the price is at 0% from its lowest and at -0.27% from its highest.

7.40
7.42
7.40

Here is a more detailed summary of the historical variations registered by NRJ GROUP:
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 NRJ GROUP in Daily shows a overall strongly bearish trend. 89.29% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a bearish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

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

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 7.03 7.24 7.40 7.40 7.54 7.78 8.04
Change (%) -5.00% -2.16% 0% - +1.89% +5.14% +8.65%
Change -0.37 -0.16 0 - +0.14 +0.38 +0.64
Level Minor Intermediate Major - Major Minor Minor



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
Standard7.367.387.407.427.447.467.48
Camarilla7.417.417.427.427.427.437.43
Woodie7.367.387.407.427.447.467.48
Fibonacci7.387.407.417.427.447.457.46


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.127.247.367.487.607.727.84
Camarilla7.417.447.467.487.507.527.55
Woodie7.127.247.367.487.607.727.84
Fibonacci7.247.337.397.487.577.637.72


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.087.287.507.707.928.128.34
Camarilla7.617.647.687.727.767.807.84
Woodie7.097.297.517.717.938.138.35
Fibonacci7.287.447.547.707.867.968.12

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): 35.47
MACD (12,26,9): -0.0800
Directional Movement: -11.29
AROON (14): -28.57
DEMA (21): 7.43
Parabolic SAR (0,02-0,02-0,2): 7.81
Elder Ray (13): -0.08
Super Trend (3,10): 7.65
Zig ZAG (10): 7.40
VORTEX (21): 0.8400
Stochastique (14,3,5): 14.39
TEMA (21): 7.40
Williams %R (14): -90.00
Chande Momentum Oscillator (20): -0.26
Repulse (5,40,3): -1.0000
ROCnROLL: 2
TRIX (15,9): -0.1300
Courbe Coppock: 7.05
MA7: 7.44
MA20: 7.57
MA50: 7.69
MA100: 7.74
MAexp7: 7.44
MAexp20: 7.53
MAexp50: 7.64
MAexp100: 7.64
Price / MA7: -0.54%
Price / MA20: -2.25%
Price / MA50: -3.77%
Price / MA100: -4.39%
Price / MAexp7: -0.54%
Price / MAexp20: -1.73%
Price / MAexp50: -3.14%
Price / MAexp100: -3.14%

Quotes : - 15 min delayed data - Euronext Paris

News


Don't forget to follow the news on NRJ GROUP. 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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