SES
SES
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: SESG
ISIN: LU0088087324

SES - Daily - Technical analysis published on 09/26/2019 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 15.800 EUR
My targets
17.000 EUR (+1.55%)
17.650 EUR (+5.44%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SES as long as the price remains well above 15.800 EUR. The buyers” bullish objective is set at 17.000 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 17.650 EUR. If there is any crossing, the next objective would be the resistance located at 18.078 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
9.1

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

SES rating 16.740 EUR. The price has increased by +4.17% since the last closing and was traded between 16.060 EUR and 16.775 EUR over the period. The price is currently at +4.23% from its lowest and -0.21% from its highest.

16.060
16.775
16.740

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:

Technical


Technical analysis of SES in Daily shows a strongly overall 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 scanner does not detect any result on moving averages that would impact this trend.

In fact, according to the parameters integrated into the Central Analyzer system, 17 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly



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

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : Daily


Resistance of triangle is broken

Type : Bullish

Timeframe : Daily



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 13.804 15.153 15.800 16.740 17.000 17.650 18.078
Change (%) -17.54% -9.48% -5.62% - +1.55% +5.44% +7.99%
Change -2.936 -1.587 -0.940 - +0.260 +0.910 +1.338
Level Major Major Minor - Minor Minor Intermediate



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard15.12515.35015.71015.93516.29516.52016.880
Camarilla15.90915.96316.01616.07016.12416.17716.231
Woodie15.19315.38415.77815.96916.36316.55416.948
Fibonacci15.35015.57415.71215.93516.15916.29716.520


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard14.19314.39214.75814.95715.32315.52215.888
Camarilla14.97015.02115.07315.12515.17715.22915.280
Woodie14.27814.43414.84314.99915.40815.56415.973
Fibonacci14.39214.60814.74114.95715.17315.30615.522


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard11.99012.69513.67514.38015.36016.06517.045
Camarilla14.19214.34614.50114.65514.81014.96415.118
Woodie12.12812.76413.81314.44915.49816.13417.183
Fibonacci12.69513.33913.73614.38015.02415.42116.065

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): 77.62
MACD (12,26,9): 0.4670
Directional Movement: 25.684
AROON (14): 85.714
DEMA (21): 15.549
Parabolic SAR (0,02-0,02-0,2): 14.474
Elder Ray (13): 1.120
Super Trend (3,10): 15.019
Zig ZAG (10): 16.740
VORTEX (21): 1.1900
Stochastique (14,3,5): 95.17
TEMA (21): 15.895
Williams %R (14): -1.20
Chande Momentum Oscillator (20): 2.605
Repulse (5,40,3): 9.5050
ROCnROLL: 1
TRIX (15,9): 0.2460
Courbe Coppock: 21.55
MA7: 15.491
MA20: 14.756
MA50: 14.450
MA100: 14.241
MAexp7: 15.715
MAexp20: 15.030
MAexp50: 14.590
MAexp100: 14.544
Price / MA7: +8.06%
Price / MA20: +13.45%
Price / MA50: +15.85%
Price / MA100: +17.55%
Price / MAexp7: +6.52%
Price / MAexp20: +11.38%
Price / MAexp50: +14.74%
Price / MAexp100: +15.10%

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

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