SCHNEIDER ELECTRIC
SCHNEIDER ELECTRIC
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: SU
ISIN: FR0000121972

SCHNEIDER ELECTRIC - Daily - Technical analysis published on 12/11/2024 (GMT)

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  • 12/11/2024 - 13:35
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  • Timeframe : Daily
  • - Analysis generated on 12/11/2024 - 13:35
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
50%
6%
44%
My opinion
Bullish above 236.41 EUR
My targets
251.18 EUR (+2.13%)
258.87 EUR (+5.25%)
My analysis
The bullish trend is currently very strong on SCHNEIDER ELECTRIC. As long as the price remains above the support at 236.41 EUR, you could try to benefit from the boom. The first bullish objective is located at 251.18 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 258.87 EUR as an objective. Crossing it would then enable buyers to target 268.58 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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 bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.5

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. 1H Weekly

Additional analysis

Quotes

The SCHNEIDER ELECTRIC rating is 245.95 EUR. The price registered an increase of +1.32% on the session and was traded between 241.80 EUR and 246.05 EUR over the period. The price is currently at +1.72% from its lowest and -0.04% from its highest.

241.80
246.05
245.95

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

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
Created with Raphaël 2.3.0-15015304560January 1st3 years1 year6 months1 month5 daysToday
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

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 Daily of this SCHNEIDER ELECTRIC chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a slightly bullish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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


ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 221.12 236.41 244.67 245.95 248.80
Change (%) -10.10% -3.88% -0.52% - +1.16%
Change -24.83 -9.54 -1.28 - +2.85
Level Minor Major Intermediate - Major



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard232.88237.42240.08244.62247.28251.82254.48
Camarilla240.77241.43242.09242.75243.41244.07244.73
Woodie231.95236.95239.15244.15246.35251.35253.55
Fibonacci237.42240.17241.87244.62247.37249.07251.82


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard226.47232.03241.87247.43257.27262.83272.67
Camarilla247.47248.88250.29251.70253.11254.52255.94
Woodie228.60233.10244.00248.50259.40263.90274.80
Fibonacci232.03237.92241.55247.43253.32256.95262.83


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard216.38224.07233.78241.47251.18258.87268.58
Camarilla238.72240.31241.91243.50245.10246.69248.29
Woodie217.40224.58234.80241.98252.20259.38269.60
Fibonacci224.07230.71234.82241.47248.11252.22258.87

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 2.3.0Buy9
Moving averages
Created with Raphaël 2.3.0Buy26

RSI (14): 54.02
MACD (12,26,9): 1.8600
Directional Movement: 3.93
AROON (14): 85.71
DEMA (21): 246.11
Parabolic SAR (0,02-0,02-0,2): 239.19
Elder Ray (13): -0.95
Super Trend (3,10): 234.60
Zig ZAG (10): 246.05
VORTEX (21): 1.0000
Stochastique (14,3,5): 56.26
TEMA (21): 246.78
Williams %R (14): -42.47
Chande Momentum Oscillator (20): 5.70
Repulse (5,40,3): 0.1800
ROCnROLL: 1
TRIX (15,9): 0.0800
Courbe Coppock: 5.33
MA7: 247.20
MA20: 242.91
MA50: 241.54
MA100: 232.75
MAexp7: 245.97
MAexp20: 243.88
MAexp50: 240.59
MAexp100: 235.02
Price / MA7: -0.51%
Price / MA20: +1.25%
Price / MA50: +1.83%
Price / MA100: +5.67%
Price / MAexp7: -0.01%
Price / MAexp20: +0.85%
Price / MAexp50: +2.23%
Price / MAexp100: +4.65%

Quotes : 12/11/2024 - 13:19 - 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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