SANOFI

99.72 EUR (-0.68%)

04/03/2025 - 15:34 Closed 15 min delayed data - Euronext Paris

Open:	100.20
Change:	-0.68
Volume:	3,040,313

Low:	99.50
High:	101.90
High / Low range:	2.40

Type:	Stocks
Ticker:	SAN
ISIN:	FR0000120578

SANOFI - Daily - Technical analysis published on 09/27/2023 (GMT)

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09/27/2023 - 09:20
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Londinia

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Timeframe : Daily
- Analysis generated on 09/27/2023 - 09:20
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

39%

17%

44%

My opinion

Bullish above 100.16 EUR

My targets

103.80 EUR (+1.74%)

My analysis

SANOFI is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 100.16 EUR. The next resistance located at 103.80 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

6.8

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

Additional analysis

Quotes

The SANOFI price is 102.02 EUR. The price registered a decrease of -0.74% on the session and was traded between 101.98 EUR and 102.98 EUR over the period. The price is currently at +0.04% from its lowest and -0.93% from its highest.

101.98

102.98

102.02

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

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows the following items:

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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of SANOFI indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, only 7 technical indicators out of 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : Daily

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

The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Bearish engulfing lines

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	92.22	98.01	100.16	102.02	103.80
Change (%)	-9.61%	-3.93%	-1.82%	-	+1.74%
Change	-9.80	-4.01	-1.86	-	+1.78
Level	Minor	Major	Major	-	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	100.86	101.38	102.08	102.60	103.30	103.82	104.52
Camarilla	102.45	102.56	102.67	102.78	102.89	103.00	103.12
Woodie	100.95	101.43	102.17	102.65	103.39	103.87	104.61
Fibonacci	101.38	101.85	102.13	102.60	103.07	103.35	103.82

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	97.41	99.09	100.59	102.27	103.77	105.45	106.95
Camarilla	101.23	101.52	101.81	102.10	102.39	102.68	102.98
Woodie	97.33	99.05	100.51	102.23	103.69	105.41	106.87
Fibonacci	99.09	100.30	101.05	102.27	103.48	104.23	105.45

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	84.39	88.00	93.32	96.93	102.25	105.86	111.18
Camarilla	96.18	97.00	97.82	98.64	99.46	100.28	101.10
Woodie	85.25	88.43	94.18	97.36	103.11	106.29	112.04
Fibonacci	88.00	91.41	93.52	96.93	100.34	102.45	105.86

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):	57.25
MACD (12,26,9):	1.1800
Directional Movement:	8.15
AROON (14):	42.86
DEMA (21):	102.91
Parabolic SAR (0,02-0,02-0,2):	104.04
Elder Ray (13):	0.58
Super Trend (3,10):	98.79
Zig ZAG (10):	102.06
VORTEX (21):	1.0300
Stochastique (14,3,5):	70.19
TEMA (21):	103.19
Williams %R (14):	-42.80
Chande Momentum Oscillator (20):	0.26
Repulse (5,40,3):	0.2300
ROCnROLL:	1
TRIX (15,9):	0.1800
Courbe Coppock:	6.14

MA7:	102.56
MA20:	101.12
MA50:	98.78
MA100:	97.34
MAexp7:	102.35
MAexp20:	101.32
MAexp50:	99.42
MAexp100:	97.39
Price / MA7:	-0.53%
Price / MA20:	+0.89%
Price / MA50:	+3.28%
Price / MA100:	+4.81%
Price / MAexp7:	-0.32%
Price / MAexp20:	+0.69%
Price / MAexp50:	+2.62%
Price / MAexp100:	+4.75%

Quotes : 09/27/2023 - 09:04 - 15 min delayed data - Euronext Paris

News

The last news published on SANOFI at the time of the generation of this analysis was as follows:

09/25/2023 - 07:00 Press Release: Once-weekly ALTUVIIIO® approved in Japan as a new class of factor VIII therapy for hemophilia A
09/19/2023 - 06:30 Press Release: Sanofi supporting vulnerable communities as part of commitment to social impact and fight against climate change
08/15/2023 - 19:24 Sanofi: Information concerning the total number of voting rights and shares - July 2023
08/03/2023 - 19:21 Press Release: U.S. CDC Advisory Committee unanimously recommends routine use of Beyfortus™ (nirsevimab-alip) to protect infants against RSV disease
07/28/2023 - 11:22 Press release: Online availability of Sanofi’s half-year financial report for 2023

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

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