SANOFI
SANOFI
0.093312 EUR (+0.34%)
04/06/2025 - 05:23 Open 15 min delayed data - Euronext Paris
Open: 0.093081
Change: +0.000312
Volume: 0
Low: 0.091063
High: 0.093345
High / Low range: 0.002282
Type: Stocks
Ticker: SAN
ISIN: FR0000120578

SANOFI - 1H - Technical analysis published on 04/19/2023 (GMT)

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  • 04/19/2023 - 11:03
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  • Timeframe : 1H
  • - Analysis generated on 04/19/2023 - 11:03
  • Status : LEVEL MAINTAINED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Slightly bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under 103.72 EUR
My targets
98.97 EUR (-2.36%)
97.34 EUR (-3.97%)
My analysis
The strong short-term decline of SANOFI reinforces the current slightly bearish trend. As long as the price remains below 103.72 EUR, you could take advantage of this bearish acceleration. The first bearish objective is located at 98.97 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 97.34 EUR as an objective. Crossing it would then enable sellers to target 90.89 EUR. A return to above 103.72 EUR would be a sign of a correction of short-term bearish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
3.4

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:
15 min. Daily Weekly

Additional analysis

Quotes

The SANOFI rating is 101.36 EUR. On the day, this instrument lost -0.02% with the lowest point at 100.92 EUR and the highest point at 101.52 EUR. The deviation from the price is +0.44% for the low point and -0.16% for the high point.

100.92
101.52
101.36

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by SANOFI:
Created with Raphaël 2.3.0-100102030January 1st3 years1 year6 months1 month5 daysToday
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

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


A technical analysis in 1H of this SANOFI chart shows a slightly bearish trend. Only 53.57% of the signals given by moving averages are bearish. This slightly bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Central Indicators

Moving Average bearish crossovers : MA20 & MA50

Type : Bearish

Timeframe : 1 hour



An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

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

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



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:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 90.89 98.97 101.00 101.36 103.72
Change (%) -10.33% -2.36% -0.36% - +2.33%
Change -10.47 -2.39 -0.36 - +2.36
Level Minor Major Intermediate - Major



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
Standard98.93100.01100.69101.77102.45103.53104.21
Camarilla100.90101.06101.22101.38101.54101.70101.86
Woodie98.7499.91100.50101.67102.26103.43104.02
Fibonacci100.01100.68101.09101.77102.44102.85103.53


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard97.3498.68100.36101.70103.38104.72106.40
Camarilla101.21101.49101.76102.04102.32102.59102.87
Woodie97.5198.77100.53101.79103.55104.81106.57
Fibonacci98.6899.83100.55101.70102.85103.57104.72


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard77.6782.5591.3996.27105.11109.99118.83
Camarilla96.4797.7398.98100.24101.50102.76104.01
Woodie79.6683.5493.3897.26107.10110.98120.82
Fibonacci82.5587.7991.0396.27101.51104.75109.99

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Created with Raphaël 2.3.0Sell11
Moving averages
Created with Raphaël 2.3.0Sell15

RSI (14): 35.66
MACD (12,26,9): -0.2400
Directional Movement: -9.78
AROON (14): -21.43
DEMA (21): 101.56
Parabolic SAR (0,02-0,02-0,2): 102.46
Elder Ray (13): -0.46
Super Trend (3,10): 102.46
Zig ZAG (10): 101.20
VORTEX (21): 0.9500
Stochastique (14,3,5): 18.75
TEMA (21): 101.29
Williams %R (14): -85.42
Chande Momentum Oscillator (20): -1.24
Repulse (5,40,3): -0.1400
ROCnROLL: 2
TRIX (15,9): -0.0200
Courbe Coppock: 1.88
MA7: 101.75
MA20: 99.42
MA50: 93.26
MA100: 91.35
MAexp7: 101.45
MAexp20: 101.80
MAexp50: 101.84
MAexp100: 101.01
Price / MA7: -0.38%
Price / MA20: +1.95%
Price / MA50: +8.69%
Price / MA100: +10.96%
Price / MAexp7: -0.09%
Price / MAexp20: -0.43%
Price / MAexp50: -0.47%
Price / MAexp100: +0.35%

Quotes : 04/19/2023 - 10:47 - 15 min delayed data - Euronext Paris

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

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