SANOFI

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	SAN
ISIN:	FR0000120578

SANOFI - Weekly - Technical analysis published on 05/17/2020 (GMT)

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Londinia

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Timeframe : Weekly
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Bullish

De fond: Strongly bullish

Technical indicators

61%

22%

17%

My opinion

Bullish above 78.77 EUR

My targets

92.97 EUR (+6.59%)

100.65 EUR (+15.40%)

My analysis

The basic bullish trend is very strong on SANOFI but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 78.77 EUR. Crossing the first resistance at 92.97 EUR would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 100.65 EUR as an objective. Caution, a return to below 78.77 EUR would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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

FORCE

6.6

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 Picoul. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

SANOFI rating 87.22 EUR. Over 5 days, this instrument lost -2.62% and has been traded over the last 5 days between 86.57 EUR and 91.14 EUR. This implies that the 5 day price is +0.75% from its lowest point and -4.30% from its highest point.

86.57

91.14

87.22

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

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 results:

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of SANOFI in Weekly shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 11 are bullish, 3 are neutral and 4 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Weekly

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

Aroon indicator bullish trend

Type : Bullish

Timeframe : Weekly

Momentum indicator is back over 0

Type : Bullish

Timeframe : Weekly

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

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	72.31	78.77	86.53	87.22	92.97	100.65
Change (%)	-17.09%	-9.69%	-0.79%	-	+6.59%	+15.40%
Change	-14.91	-8.45	-0.69	-	+5.75	+13.43
Level	Major	Major	Major	-	Major	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	84.47	85.83	87.01	88.37	89.55	90.91	92.09
Camarilla	87.48	87.71	87.95	88.18	88.41	88.65	88.88
Woodie	84.37	85.79	86.91	88.33	89.45	90.87	91.99
Fibonacci	85.83	86.80	87.40	88.37	89.34	89.94	90.91

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	80.51	83.60	86.59	89.68	92.67	95.76	98.75
Camarilla	87.90	88.46	89.01	89.57	90.13	90.69	91.24
Woodie	80.45	83.58	86.53	89.66	92.61	95.74	98.69
Fibonacci	83.60	85.93	87.36	89.68	92.01	93.44	95.76

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	58.15	65.79	75.91	83.56	93.68	101.33	111.45
Camarilla	81.15	82.78	84.41	86.04	87.67	89.30	90.93
Woodie	59.39	66.41	77.16	84.18	94.93	101.95	112.69
Fibonacci	65.79	72.58	76.77	83.56	90.35	94.54	101.33

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):	56.31
MACD (12,26,9):	1.3000
Directional Movement:	4.57
AROON (14):	50.00
DEMA (21):	84.80
Parabolic SAR (0,02-0,02-0,2):	68.32
Elder Ray (13):	5.19
Super Trend (3,10):	89.70
Zig ZAG (10):	87.22
VORTEX (21):	0.9900
Stochastique (14,3,5):	82.24
TEMA (21):	84.57
Williams %R (14):	-20.20
Chande Momentum Oscillator (20):	-2.81
Repulse (5,40,3):	-2.0400
ROCnROLL:	1
TRIX (15,9):	0.1100
Courbe Coppock:	6.78

MA7:	89.31
MA20:	88.08
MA50:	81.38
MA100:	84.40
MAexp7:	85.14
MAexp20:	83.18
MAexp50:	80.28
MAexp100:	76.48
Price / MA7:	-2.34%
Price / MA20:	-0.98%
Price / MA50:	+7.18%
Price / MA100:	+3.34%
Price / MAexp7:	+2.44%
Price / MAexp20:	+4.86%
Price / MAexp50:	+8.64%
Price / MAexp100:	+14.04%

News

The latest news and videos published on SANOFI at the time of the analysis were as follows:

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

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