SANOFI

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	SAN
ISIN:	FR0000120578

SANOFI - 1H - Technical analysis published on 06/28/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

61%

33%

My opinion

Bullish above 89.66 EUR

My targets

91.84 EUR (+1.68%)

92.71 EUR (+2.65%)

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 89.66 EUR. Crossing the first resistance at 91.84 EUR would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 92.71 EUR as an objective. Crossing it would then enable buyers to target 96.00 EUR. Caution, a return to below 89.66 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, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

6.1

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.

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Additional analysis

Quotes

The SANOFI rating is 90.32 EUR. The price has increased by +0.51% since the last closing and was between 89.73 EUR and 90.59 EUR. This implies that the price is at +0.66% from its lowest and at -0.30% from its highest.

89.73

90.59

90.32

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

Here is a more detailed summary of the historical variations registered by SANOFI:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in 1H of this SANOFI chart shows a strongly bullish trend. 82.14% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

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

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	87.85	88.58	89.66	90.32	90.45	91.84	92.71
Change (%)	-2.73%	-1.93%	-0.73%	-	+0.14%	+1.68%	+2.65%
Change	-2.47	-1.74	-0.66	-	+0.13	+1.52	+2.39
Level	Minor	Intermediate	Major	-	Minor	Major	Minor

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	88.69	89.17	89.51	89.99	90.33	90.81	91.15
Camarilla	89.64	89.71	89.79	89.86	89.94	90.01	90.09
Woodie	88.63	89.14	89.45	89.96	90.27	90.78	91.09
Fibonacci	89.17	89.48	89.67	89.99	90.30	90.49	90.81

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	83.27	84.61	86.11	87.45	88.95	90.29	91.79
Camarilla	86.84	87.10	87.36	87.62	87.88	88.14	88.40
Woodie	83.36	84.65	86.20	87.49	89.04	90.33	91.88
Fibonacci	84.61	85.69	86.36	87.45	88.53	89.20	90.29

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	80.58	83.79	86.78	89.99	92.98	96.19	99.18
Camarilla	88.06	88.62	89.19	89.76	90.33	90.90	91.47
Woodie	80.46	83.74	86.66	89.94	92.86	96.14	99.06
Fibonacci	83.79	86.16	87.63	89.99	92.36	93.83	96.19

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):	54.79
MACD (12,26,9):	0.0300
Directional Movement:	5.73
AROON (14):	-7.14
DEMA (21):	90.39
Parabolic SAR (0,02-0,02-0,2):	89.71
Elder Ray (13):	0.22
Super Trend (3,10):	91.17
Zig ZAG (10):	90.50
VORTEX (21):	0.8800
Stochastique (14,3,5):	65.81
TEMA (21):	90.11
Williams %R (14):	-11.58
Chande Momentum Oscillator (20):	0.24
Repulse (5,40,3):	0.2500
ROCnROLL:	1
TRIX (15,9):	0.0100
Courbe Coppock:	0.98

MA7:	89.72
MA20:	89.41
MA50:	88.97
MA100:	86.61
MAexp7:	90.27
MAexp20:	90.30
MAexp50:	89.91
MAexp100:	89.46
Price / MA7:	+0.67%
Price / MA20:	+1.02%
Price / MA50:	+1.52%
Price / MA100:	+4.28%
Price / MAexp7:	+0.06%
Price / MAexp20:	+0.02%
Price / MAexp50:	+0.46%
Price / MAexp100:	+0.96%

Quotes : - 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:

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

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Londinia AI

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