RENAULT
53.844
EUR
(-0.05%)
04/02/2025 - 02:01
Open 15 min delayed data - Euronext Paris
| Open: | 53.868 |
| Change: | -0.026 |
| Volume: | 24,773 |
| Low: | 53.837 |
| High: | 53.893 |
| High / Low range: | 0.056 |
| Type: | Stocks |
| Ticker: | RNO |
| ISIN: | FR0000131906 |
RENAULT - 1H - Technical analysis published on 11/12/2024 (GMT)
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- 11/12/2024 - 14:25
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- Timeframe : 1H
- - Analysis generated on 11/12/2024 - 14:25
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bearish
Technical indicators
33%
11%
56%
My opinion
Bullish above 40.27 EUR
My targets
41.61 EUR (+1.61%)
42.25 EUR (+3.17%)
My analysis
The strong short-term increase in RENAULT calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 40.27 EUR, you could consider taking advantage of the short-term movement. The first bullish objective is located at 41.61 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 42.25 EUR as an objective. Crossing it would then enable buyers to target 43.29 EUR. Caution, a return under 40.27 EUR could jeopardize the reversal.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
1.4
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
The RENAULT price is 40.95 EUR. The price is lower by -0.02% since the last closing and was traded between 40.59 EUR and 41.56 EUR over the period. The price is currently at +0.89% from its lowest and -1.47% from its highest.40.59
41.56
40.95
Here is a more detailed summary of the historical variations registered by RENAULT:
Technical
Technical analysis of RENAULT in 1H shows an overall slightly bearish trend. 53.57% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages could quickly lead to a reversal of the trend. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
On the 18 technical indicators analysed, 6 are bullish, 10 are neutral and 2 are bearish. The Central Indicators scanner found no further results concerning independent technical indicators.
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near support of triangle
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 39.39 | 39.84 | 40.27 | 40.95 | 41.11 | 41.61 | 42.25 |
| Change (%) | -3.81% | -2.71% | -1.66% | - | +0.39% | +1.61% | +3.17% |
| Change | -1.56 | -1.11 | -0.68 | - | +0.16 | +0.66 | +1.30 |
| Level | Intermediate | Minor | Minor | - | Intermediate | Major | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 39.15 | 39.67 | 40.32 | 40.84 | 41.49 | 42.01 | 42.66 |
| Camarilla | 40.64 | 40.75 | 40.85 | 40.96 | 41.07 | 41.18 | 41.28 |
| Woodie | 39.21 | 39.70 | 40.38 | 40.87 | 41.55 | 42.04 | 42.72 |
| Fibonacci | 39.67 | 40.12 | 40.40 | 40.84 | 41.29 | 41.57 | 42.01 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 36.44 | 37.92 | 39.30 | 40.78 | 42.16 | 43.64 | 45.02 |
| Camarilla | 39.90 | 40.17 | 40.43 | 40.69 | 40.95 | 41.21 | 41.48 |
| Woodie | 36.40 | 37.90 | 39.26 | 40.76 | 42.12 | 43.62 | 44.98 |
| Fibonacci | 37.92 | 39.01 | 39.68 | 40.78 | 41.87 | 42.54 | 43.64 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 28.62 | 32.11 | 37.00 | 40.49 | 45.38 | 48.87 | 53.76 |
| Camarilla | 39.60 | 40.36 | 41.13 | 41.90 | 42.67 | 43.44 | 44.21 |
| Woodie | 29.33 | 32.46 | 37.71 | 40.84 | 46.09 | 49.22 | 54.47 |
| Fibonacci | 32.11 | 35.31 | 37.29 | 40.49 | 43.69 | 45.67 | 48.87 |
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): | 52.34 | |
| MACD (12,26,9): | 0.0800 | |
| Directional Movement: | 4.87 | |
| AROON (14): | 57.15 | |
| DEMA (21): | 41.00 | |
| Parabolic SAR (0,02-0,02-0,2): | 41.50 | |
| Elder Ray (13): | -0.05 | |
| Super Trend (3,10): | 41.55 | |
| Zig ZAG (10): | 40.98 | |
| VORTEX (21): | 1.0400 | |
| Stochastique (14,3,5): | 49.75 | |
| TEMA (21): | 41.11 | |
| Williams %R (14): | -42.65 | |
| Chande Momentum Oscillator (20): | 0.23 | |
| Repulse (5,40,3): | 0.1500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 2.11 |
| MA7: | 40.80 | |
| MA20: | 41.22 | |
| MA50: | 39.87 | |
| MA100: | 42.48 | |
| MAexp7: | 40.98 | |
| MAexp20: | 40.90 | |
| MAexp50: | 40.92 | |
| MAexp100: | 41.02 | |
| Price / MA7: | +0.37% | |
| Price / MA20: | -0.66% | |
| Price / MA50: | +2.71% | |
| Price / MA100: | -3.60% | |
| Price / MAexp7: | -0.07% | |
| Price / MAexp20: | +0.12% | |
| Price / MAexp50: | +0.07% | |
| Price / MAexp100: | -0.17% |
Quotes :
11/12/2024 - 14:08
-
15 min delayed data
-
Euronext Paris
News
The last news published on RENAULT at the time of the generation of this analysis was as follows:
- 11/07/2024 - 07:44 Nissan’s contribution to Renault Group’s third quarter 2024 earnings
- 10/30/2024 - 17:10 Renault SA – Disclosure of trading in own shares from October 25 to October 29, 2024
- 10/25/2024 - 06:00 Implementation of the share buyback programme
- 10/03/2024 - 15:45 Renault Group and Suez join forces to fast-track circularity in Europe’s automotive sector
- 09/20/2024 - 15:45 Information relating to the total number of voting rights and share capital - August 31, 2024
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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