SCOR SE
SCOR SE
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: SCR
ISIN: FR0010411983

SCOR SE - Daily - Technical analysis published on 12/09/2019 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
22%
17%
61%
My opinion
Bullish above 37.33 EUR
My targets
39.00 EUR (+2.55%)
39.58 EUR (+4.08%)
My analysis
The bullish trend is currently very strong on SCOR SE. As long as the price remains above the support at 37.33 EUR, you could try to benefit from the boom. The first bullish objective is located at 39.00 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 39.58 EUR as an objective. Crossing it would then enable buyers to target 40.09 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, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
FORCE
0
10
5.2

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The SCOR SE rating is 38.03 EUR. The price has increased by +0.18% since the last closing and was between 37.89 EUR and 38.25 EUR. This implies that the price is at +0.37% from its lowest and at -0.58% from its highest.

37.89
38.25
38.03

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

Technical


Technical analysis of this Daily chart of SCOR SE indicates that the overall trend is strongly bullish. The signals given by the moving averages are 82.14% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily



On the 18 technical indicators analysed, 4 are bullish, 11 are neutral and 3 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily


Ichimoku : price is over the cloud

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


Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Daily


Near support of channel

Type : Bullish

Timeframe : Daily



The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Central Candlesticks

Bullish engulfing lines

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 35.64 36.19 37.33 38.03 38.22 39.00 39.58
Change (%) -6.28% -4.84% -1.84% - +0.50% +2.55% +4.08%
Change -2.39 -1.84 -0.70 - +0.19 +0.97 +1.55
Level Major Minor Major - Major Minor 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
Standard36.7837.0537.5037.7738.2238.4938.94
Camarilla37.7637.8337.8937.9638.0338.0938.16
Woodie36.8837.1037.6037.8238.3238.5439.04
Fibonacci37.0537.3237.4937.7738.0438.2138.49


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard35.1036.1837.0738.1539.0440.1241.01
Camarilla37.4237.6037.7837.9638.1438.3238.50
Woodie35.0136.1336.9838.1038.9540.0740.92
Fibonacci36.1836.9337.4038.1538.9039.3740.12


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard35.1535.9837.4838.3139.8140.6442.14
Camarilla38.3538.5638.7838.9939.2039.4239.63
Woodie35.5036.1537.8338.4840.1640.8142.49
Fibonacci35.9836.8737.4238.3139.2039.7540.64

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): 52.31
MACD (12,26,9): 0.1100
Directional Movement: -2.88
AROON (14): 28.58
DEMA (21): 38.05
Parabolic SAR (0,02-0,02-0,2): 39.00
Elder Ray (13): 0.12
Super Trend (3,10): 37.07
Zig ZAG (10): 38.03
VORTEX (21): 1.0000
Stochastique (14,3,5): 38.10
TEMA (21): 38.04
Williams %R (14): -53.57
Chande Momentum Oscillator (20): 0.73
Repulse (5,40,3): 0.8800
ROCnROLL: 1
TRIX (15,9): 0.0500
Courbe Coppock: 2.17
MA7: 38.03
MA20: 37.84
MA50: 37.54
MA100: 37.28
MAexp7: 37.96
MAexp20: 37.89
MAexp50: 37.68
MAexp100: 37.56
Price / MA7: -0%
Price / MA20: +0.50%
Price / MA50: +1.31%
Price / MA100: +2.01%
Price / MAexp7: +0.18%
Price / MAexp20: +0.37%
Price / MAexp50: +0.93%
Price / MAexp100: +1.25%

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

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