SANOFI
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 09/30/2024 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 102.80 EUR
My targets
104.97 EUR (+1.19%)
105.76 EUR (+1.95%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SANOFI as long as the price remains well above 102.80 EUR. The buyers' bullish objective is set at 104.97 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 105.76 EUR.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
6.8

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 103.74 EUR. The price has increased by +0.74% since the last closing and was traded between 102.98 EUR and 103.88 EUR over the period. The price is currently at +0.74% from its lowest and -0.13% from its highest.

102.98
103.88
103.74

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

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

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


Technical analysis of SANOFI in 1H shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : 1 hour



In fact, 16 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour



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 resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

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


S3S2S1PriceR1R2R3
ProTrendLines 101.78 102.80 103.65 103.74 104.19 104.97 105.76
Change (%) -1.89% -0.91% -0.09% - +0.43% +1.19% +1.95%
Change -1.96 -0.94 -0.09 - +0.45 +1.23 +2.02
Level Intermediate Major Minor - Minor Intermediate Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard99.53100.51101.75102.73103.97104.95106.19
Camarilla102.37102.57102.78102.98103.18103.39103.59
Woodie99.65100.58101.87102.80104.09105.02106.31
Fibonacci100.51101.36101.89102.73103.58104.11104.95


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard98.91100.21101.59102.89104.27105.57106.95
Camarilla102.24102.49102.73102.98103.23103.47103.72
Woodie98.96100.23101.64102.91104.32105.59107.00
Fibonacci100.21101.23101.86102.89103.91104.54105.57


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard84.5188.2494.7298.45104.93108.66115.14
Camarilla98.3999.33100.26101.20102.14103.07104.01
Woodie85.8988.9396.1099.14106.31109.35116.52
Fibonacci88.2492.1494.5598.45102.35104.76108.66

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): 62.15
MACD (12,26,9): 0.1900
Directional Movement: 17.14
AROON (14): 71.43
DEMA (21): 102.93
Parabolic SAR (0,02-0,02-0,2): 102.70
Elder Ray (13): 0.64
Super Trend (3,10): 102.13
Zig ZAG (10): 103.62
VORTEX (21): 1.1100
Stochastique (14,3,5): 90.28
TEMA (21): 103.32
Williams %R (14): -7.69
Chande Momentum Oscillator (20): 1.34
Repulse (5,40,3): 0.2600
ROCnROLL: 1
TRIX (15,9): -0.0100
Courbe Coppock: 2.40
MA7: 103.11
MA20: 103.80
MA50: 100.02
MA100: 95.19
MAexp7: 103.25
MAexp20: 102.80
MAexp50: 102.89
MAexp100: 103.10
Price / MA7: +0.61%
Price / MA20: -0.06%
Price / MA50: +3.72%
Price / MA100: +8.98%
Price / MAexp7: +0.47%
Price / MAexp20: +0.91%
Price / MAexp50: +0.83%
Price / MAexp100: +0.62%

Quotes : - 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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