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 12/11/2024 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

17%

67%

17%

My opinion

Bearish under 92.32 EUR

My targets

90.97 EUR (-0.77%)

90.19 EUR (-1.63%)

My analysis

The bearish trend is currently very strong for SANOFI. As long as the price remains below the resistance at 92.32 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 90.97 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 90.19 EUR as an objective. Crossing it would then enable sellers to target 86.46 EUR. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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 bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.

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

Additional analysis

Quotes

The SANOFI price is 91.68 EUR. On the day, this instrument lost -0.08% and was traded between 90.96 EUR and 91.69 EUR over the period. The price is currently at +0.79% from its lowest and -0.01% from its highest.

90.96

91.69

91.68

The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.

Opening Gap DOWN

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows an item:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of SANOFI in 1H shows a overall strongly bearish trend. The signals given by moving averages are 82.14% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Bearish trend reversal : Moving Average 50

Type : Bearish

Timeframe : 1 hour

An assessment of technical indicators shows a bearish signal.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

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

MACD indicator is back under 0

Type : Bearish

Timeframe : 1 hour

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal support

Type : Bullish

Timeframe : 1 hour

Support of channel is broken

Type : Bearish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	86.46	90.19	90.97	91.68	91.84	92.32	93.42
Change (%)	-5.69%	-1.63%	-0.77%	-	+0.17%	+0.70%	+1.90%
Change	-5.22	-1.49	-0.71	-	+0.16	+0.64	+1.74
Level	Major	Intermediate	Minor	-	Major	Major	Minor

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
Standard	90.41	90.92	91.34	91.85	92.27	92.78	93.20
Camarilla	91.49	91.58	91.67	91.75	91.84	91.92	92.01
Woodie	90.36	90.90	91.29	91.83	92.22	92.76	93.15
Fibonacci	90.92	91.28	91.50	91.85	92.21	92.43	92.78

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	89.73	90.35	91.26	91.88	92.79	93.41	94.32
Camarilla	91.76	91.90	92.04	92.18	92.32	92.46	92.60
Woodie	89.89	90.42	91.42	91.95	92.95	93.48	94.48
Fibonacci	90.35	90.93	91.29	91.88	92.46	92.82	93.41

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	79.53	84.85	88.47	93.79	97.41	102.73	106.35
Camarilla	89.63	90.45	91.27	92.09	92.91	93.73	94.55
Woodie	78.68	84.43	87.62	93.37	96.56	102.31	105.50
Fibonacci	84.85	88.27	90.38	93.79	97.21	99.32	102.73

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):	39.54
MACD (12,26,9):	-0.0200
Directional Movement:	-15.79
AROON (14):	-21.43
DEMA (21):	91.84
Parabolic SAR (0,02-0,02-0,2):	92.34
Elder Ray (13):	-0.31
Super Trend (3,10):	91.27
Zig ZAG (10):	91.54
VORTEX (21):	0.9000
Stochastique (14,3,5):	37.59
TEMA (21):	91.80
Williams %R (14):	-56.74
Chande Momentum Oscillator (20):	-0.22
Repulse (5,40,3):	0.4100
ROCnROLL:	2
TRIX (15,9):	0.0100
Courbe Coppock:	0.12

MA7:	91.73
MA20:	91.91
MA50:	96.06
MA100:	98.23
MAexp7:	91.76
MAexp20:	91.83
MAexp50:	91.81
MAexp100:	91.96
Price / MA7:	-0.05%
Price / MA20:	-0.25%
Price / MA50:	-4.56%
Price / MA100:	-6.67%
Price / MAexp7:	-0.09%
Price / MAexp20:	-0.16%
Price / MAexp50:	-0.14%
Price / MAexp100:	-0.30%

Quotes : - 15 min delayed data - Euronext Paris

News

Don't forget to follow the news on SANOFI. At the time of publication of this analysis, the latest news was as follows:

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

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