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SODEXO
SODEXO
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: SW
ISIN: FR0000121220

SODEXO - Daily - Technical analysis published on 10/20/2022 (GMT)

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  • 10/20/2022 - 07:35
Londinia
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  • Timeframe : Daily
  • - Analysis generated on 10/20/2022 - 07:35
  • Status : TARGET REACHED

A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
89%
6%
6%
My opinion
Bullish above 82.98 EUR
My targets
91.24 EUR (+7.65%)
97.27 EUR (+14.76%)
My analysis
SODEXO is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 82.98 EUR. The next resistance located at 91.24 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 97.27 EUR. After this resistance, buyers could then target 101.49 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.8

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.

Londinia
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15 min. 1H Weekly

Additional analysis

Quotes

The SODEXO price is 84.76 EUR. On the day, this instrument lost -0.07% and was between 84.36 EUR and 84.98 EUR. This implies that the price is at +0.47% from its lowest and at -0.26% from its highest.

84.36
84.98
84.76

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
Created with Raphaël 2.3.0-20-1001020January 1st3 years1 year6 months1 month5 daysToday
The Central Records scanner for higher/lower results shows the following items:

Central Records

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


Technical analysis of this Daily chart of SODEXO indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 16 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly



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:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Daily


Near resistance of channel

Type : Bearish

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 68.29 75.66 82.98 84.76 85.78 91.24 97.27
Change (%) -19.43% -10.74% -2.10% - +1.20% +7.65% +14.76%
Change -16.47 -9.10 -1.78 - +1.02 +6.48 +12.51
Level Minor Major Minor - Major Minor Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard82.9283.6284.2284.9285.5286.2286.82
Camarilla84.4684.5884.7084.8284.9485.0685.18
Woodie82.8783.6084.1784.9085.4786.2086.77
Fibonacci83.6284.1284.4284.9285.4285.7286.22


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard76.8978.3380.1781.6183.4584.8986.73
Camarilla81.1081.4081.7082.0082.3082.6082.90
Woodie77.0878.4380.3681.7183.6484.9986.92
Fibonacci78.3379.5980.3681.6182.8783.6484.89


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard65.4770.2973.7378.5581.9986.8190.25
Camarilla74.8975.6576.4077.1677.9278.6779.43
Woodie64.7769.9573.0378.2181.2986.4789.55
Fibonacci70.2973.4575.4078.5581.7183.6686.81

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Created with Raphaël 2.3.0Buy16
Moving averages
Created with Raphaël 2.3.0Buy26

RSI (14): 64.55
MACD (12,26,9): 1.3300
Directional Movement: 17.92
AROON (14): 78.57
DEMA (21): 83.36
Parabolic SAR (0,02-0,02-0,2): 80.32
Elder Ray (13): 2.10
Super Trend (3,10): 79.65
Zig ZAG (10): 84.54
VORTEX (21): 1.0200
Stochastique (14,3,5): 89.52
TEMA (21): 84.16
Williams %R (14): -13.71
Chande Momentum Oscillator (20): 2.48
Repulse (5,40,3): -0.2100
ROCnROLL: 1
TRIX (15,9): 0.1500
Courbe Coppock: 12.95
MA7: 83.35
MA20: 80.77
MA50: 80.26
MA100: 76.43
MAexp7: 83.62
MAexp20: 81.81
MAexp50: 79.99
MAexp100: 78.01
Price / MA7: +1.69%
Price / MA20: +4.94%
Price / MA50: +5.61%
Price / MA100: +10.90%
Price / MAexp7: +1.36%
Price / MAexp20: +3.61%
Price / MAexp50: +5.96%
Price / MAexp100: +8.65%

Quotes : 10/20/2022 - 07:19 - 15 min delayed data - Euronext Paris

News


The last news published on SODEXO at the time of the generation of this analysis was as follows:

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

About author

Londinia
Londinia AI

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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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