REMY COINTREAU - 1H - Technical analysis published on 05/31/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
44%
28%
28%
My opinion
Bearish under 150.16 EUR
My targets
138.53 EUR (-3.63%)
133.13 EUR (-7.39%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on REMY COINTREAU as long as the price remains well below 150.16 EUR. The sellers' bearish objective is set at 138.53 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 133.13 EUR. In case of crossing, the next objective would be the support located at 113.36 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.5
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Additional analysis
Quotes
The REMY COINTREAU price is 143.75 EUR. The price is lower by -0.59% since the last closing and was traded between 141.25 EUR and 144.05 EUR over the period. The price is currently at +1.77% from its lowest and -0.21% from its highest.141.25
144.05
143.75
The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by REMY COINTREAU:
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of REMY COINTREAU indicates that the overall trend is strongly bearish. 92.86% 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 does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 100.08 | 113.36 | 133.13 | 143.75 | 150.16 | 154.39 | 157.34 |
| Change (%) | -30.38% | -21.14% | -7.39% | - | +4.46% | +7.40% | +9.45% |
| Change | -43.67 | -30.39 | -10.62 | - | +6.41 | +10.64 | +13.59 |
| Level | Minor | Minor | Intermediate | - | Major | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 139.18 | 140.22 | 141.98 | 143.02 | 144.78 | 145.82 | 147.58 |
| Camarilla | 142.98 | 143.24 | 143.49 | 143.75 | 144.01 | 144.26 | 144.52 |
| Woodie | 139.55 | 140.40 | 142.35 | 143.20 | 145.15 | 146.00 | 147.95 |
| Fibonacci | 140.22 | 141.29 | 141.95 | 143.02 | 144.09 | 144.75 | 145.82 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 138.53 | 142.97 | 145.58 | 150.02 | 152.63 | 157.07 | 159.68 |
| Camarilla | 146.26 | 146.91 | 147.55 | 148.20 | 148.85 | 149.49 | 150.14 |
| Woodie | 137.63 | 142.51 | 144.68 | 149.56 | 151.73 | 156.61 | 158.78 |
| Fibonacci | 142.97 | 145.66 | 147.32 | 150.02 | 152.71 | 154.37 | 157.07 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 125.27 | 140.98 | 148.92 | 164.63 | 172.57 | 188.28 | 196.22 |
| Camarilla | 150.35 | 152.51 | 154.68 | 156.85 | 159.02 | 161.19 | 163.35 |
| Woodie | 121.38 | 139.04 | 145.03 | 162.69 | 168.68 | 186.34 | 192.33 |
| Fibonacci | 140.98 | 150.02 | 155.60 | 164.63 | 173.67 | 179.25 | 188.28 |
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): | 38.20 | |
| MACD (12,26,9): | -1.4500 | |
| Directional Movement: | -19.21 | |
| AROON (14): | -78.57 | |
| DEMA (21): | 142.58 | |
| Parabolic SAR (0,02-0,02-0,2): | 141.36 | |
| Elder Ray (13): | -0.24 | |
| Super Trend (3,10): | 144.45 | |
| Zig ZAG (10): | 143.75 | |
| VORTEX (21): | 0.7500 | |
| Stochastique (14,3,5): | 42.19 | |
| TEMA (21): | 142.15 | |
| Williams %R (14): | -49.49 | |
| Chande Momentum Oscillator (20): | -1.60 | |
| Repulse (5,40,3): | 0.7000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1500 | |
| Courbe Coppock: | 5.33 |
| MA7: | 147.99 | |
| MA20: | 153.19 | |
| MA50: | 162.65 | |
| MA100: | 166.34 | |
| MAexp7: | 143.23 | |
| MAexp20: | 144.51 | |
| MAexp50: | 146.87 | |
| MAexp100: | 149.75 | |
| Price / MA7: | -2.87% | |
| Price / MA20: | -6.16% | |
| Price / MA50: | -11.62% | |
| Price / MA100: | -13.58% | |
| Price / MAexp7: | +0.36% | |
| Price / MAexp20: | -0.53% | |
| Price / MAexp50: | -2.12% | |
| Price / MAexp100: | -4.01% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
Don't forget to follow the news on REMY COINTREAU. At the time of publication of this analysis, the latest news was as follows:
- Rémy Cointreau: Information on the Total Number of Voting Rights and Shares Forming the Share Capital
- Rémy Cointreau: Information on the Total Number of Voting Rights and Shares Forming the Share Capital
- Rémy Cointreau: 2022-23: Strong Growth in Sales
- Rémy Cointreau: Information on the Total Number of Voting Rights and Shares Forming the Share Capital
- Rémy Cointreau: Information on the Total Number of Voting Rights and Shares Forming the Share Capital
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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