SECHE ENVIRONNEM. - 1H - Technical analysis published on 12/13/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
39%
11%
50%
My opinion
Bearish under 80.6 EUR
My targets
76.3 EUR (-1.80%)
72.7 EUR (-6.44%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on SECHE ENVIRONNEM. as long as the price remains well below 80.6 EUR. The next bearish objective for sellers is set at 76.3 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 72.7 EUR. If there is any crossing, the next objective would be the support located at 64.3 EUR. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
3.8
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:
Additional analysis
Quotes
The SECHE ENVIRONNEM. rating is 77.7 EUR. The price is lower by -0.13% since the last closing and was between 77.6 EUR and 78.6 EUR. This implies that the price is at +0.13% from its lowest and at -1.15% from its highest.77.6
78.6
77.7
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of SECHE ENVIRONNEM. in 1H shows a overall strongly bearish trend. 82.14% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
In fact, only 7 technical indicators out of 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
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:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish harami cross
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 64.3 | 72.7 | 76.3 | 77.7 | 78.0 | 80.6 | 83.5 |
| Change (%) | -17.25% | -6.44% | -1.80% | - | +0.39% | +3.73% | +7.46% |
| Change | -13.4 | -5.0 | -1.4 | - | +0.3 | +2.9 | +5.8 |
| Level | Minor | Minor | Minor | - | Major | Intermediate | Intermediate |
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 | 76.2 | 76.9 | 77.4 | 78.1 | 78.6 | 79.3 | 79.8 |
| Camarilla | 77.5 | 77.6 | 77.7 | 77.8 | 77.9 | 78.0 | 78.1 |
| Woodie | 76.0 | 76.9 | 77.2 | 78.1 | 78.4 | 79.3 | 79.6 |
| Fibonacci | 76.9 | 77.4 | 77.7 | 78.1 | 78.6 | 78.9 | 79.3 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 72.0 | 74.1 | 76.1 | 78.2 | 80.2 | 82.3 | 84.3 |
| Camarilla | 76.9 | 77.3 | 77.6 | 78.0 | 78.4 | 78.8 | 79.1 |
| Woodie | 71.9 | 74.1 | 76.0 | 78.2 | 80.1 | 82.3 | 84.2 |
| Fibonacci | 74.1 | 75.7 | 76.7 | 78.2 | 79.8 | 80.8 | 82.3 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 59.5 | 69.0 | 74.7 | 84.2 | 89.9 | 99.4 | 105.1 |
| Camarilla | 76.1 | 77.5 | 78.9 | 80.3 | 81.7 | 83.1 | 84.5 |
| Woodie | 57.5 | 68.1 | 72.7 | 83.3 | 87.9 | 98.5 | 103.1 |
| Fibonacci | 69.0 | 74.8 | 78.4 | 84.2 | 90.0 | 93.6 | 99.4 |
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): | 48.90 | |
| MACD (12,26,9): | -0.1000 | |
| Directional Movement: | 1.0 | |
| AROON (14): | -85.7 | |
| DEMA (21): | 78.2 | |
| Parabolic SAR (0,02-0,02-0,2): | 79.5 | |
| Elder Ray (13): | 0.1 | |
| Super Trend (3,10): | 79.3 | |
| Zig ZAG (10): | 78.4 | |
| VORTEX (21): | 0.9000 | |
| Stochastique (14,3,5): | 51.60 | |
| TEMA (21): | 78.2 | |
| Williams %R (14): | -38.50 | |
| Chande Momentum Oscillator (20): | 0.0 | |
| Repulse (5,40,3): | 0.4000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.60 |
| MA7: | 78.4 | |
| MA20: | 79.9 | |
| MA50: | 83.9 | |
| MA100: | 89.3 | |
| MAexp7: | 78.3 | |
| MAexp20: | 78.4 | |
| MAexp50: | 78.7 | |
| MAexp100: | 79.4 | |
| Price / MA7: | -0.89% | |
| Price / MA20: | -2.75% | |
| Price / MA50: | -7.39% | |
| Price / MA100: | -12.99% | |
| Price / MAexp7: | -0.77% | |
| Price / MAexp20: | -0.89% | |
| Price / MAexp50: | -1.27% | |
| Price / MAexp100: | -2.14% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The last news published on SECHE ENVIRONNEM. at the time of the generation of this analysis was as follows:
- Séché Environnement: Joint General Meeting of April 28, 2023
- Séché Environnement: Information on the Governance Code
- Séché Environnement: Activity in Q1 2023
- Séché Environnement: Release of the Universal Registration Document Including the Annual Financial Report
- Séché Environnement: Consolidated Results at December 31, 2022
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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