SODEXO - Daily - Technical analysis published on 06/19/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
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:
Neutral
Underlying:
Bullish
Technical indicators
28%
44%
28%
My opinion
Bullish above 93.31 EUR
My targets
107.15 EUR (+5.83%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 93.31 EUR remains possible. It is advisable to trade SODEXO with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 93.31 EUR. The next bullish objective for buyers is set at 107.15 EUR. A bullish break in this resistance would boost the bullish momentum. PS: if there is a bearish break in the support located at 93.31 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
2.3
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Additional analysis
Quotes
The SODEXO price is 101.25 EUR. On the day, this instrument lost -0.05% and was between 100.80 EUR and 101.50 EUR. This implies that the price is at +0.45% from its lowest and at -0.25% from its highest.100.80
101.50
101.25
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by SODEXO:
Near a 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 SODEXO chart shows a bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 84.66 | 89.14 | 93.31 | 101.25 | 102.55 | 107.15 |
| Change (%) | -16.39% | -11.96% | -7.84% | - | +1.28% | +5.83% |
| Change | -16.59 | -12.11 | -7.94 | - | +1.30 | +5.90 |
| Level | Intermediate | Intermediate | Major | - | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 99.07 | 100.03 | 100.67 | 101.63 | 102.27 | 103.23 | 103.87 |
| Camarilla | 100.86 | 101.01 | 101.15 | 101.30 | 101.45 | 101.59 | 101.74 |
| Woodie | 98.90 | 99.95 | 100.50 | 101.55 | 102.10 | 103.15 | 103.70 |
| Fibonacci | 100.03 | 100.65 | 101.02 | 101.63 | 102.25 | 102.62 | 103.23 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 99.07 | 100.03 | 100.67 | 101.63 | 102.27 | 103.23 | 103.87 |
| Camarilla | 100.86 | 101.01 | 101.15 | 101.30 | 101.45 | 101.59 | 101.74 |
| Woodie | 98.90 | 99.95 | 100.50 | 101.55 | 102.10 | 103.15 | 103.70 |
| Fibonacci | 100.03 | 100.65 | 101.02 | 101.63 | 102.25 | 102.62 | 103.23 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 89.60 | 92.65 | 96.85 | 99.90 | 104.10 | 107.15 | 111.35 |
| Camarilla | 99.06 | 99.72 | 100.39 | 101.05 | 101.72 | 102.38 | 103.04 |
| Woodie | 90.18 | 92.94 | 97.43 | 100.19 | 104.68 | 107.44 | 111.93 |
| Fibonacci | 92.65 | 95.42 | 97.13 | 99.90 | 102.67 | 104.38 | 107.15 |
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
Moving averages
| RSI (14): | 55.88 | |
| MACD (12,26,9): | 0.6100 | |
| Directional Movement: | 3.29 | |
| AROON (14): | 85.72 | |
| DEMA (21): | 102.26 | |
| Parabolic SAR (0,02-0,02-0,2): | 100.49 | |
| Elder Ray (13): | -0.34 | |
| Super Trend (3,10): | 99.18 | |
| Zig ZAG (10): | 101.25 | |
| VORTEX (21): | 0.9400 | |
| Stochastique (14,3,5): | 42.25 | |
| TEMA (21): | 101.54 | |
| Williams %R (14): | -62.79 | |
| Chande Momentum Oscillator (20): | -0.65 | |
| Repulse (5,40,3): | -0.7600 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1200 | |
| Courbe Coppock: | 0.27 |
| MA7: | 101.59 | |
| MA20: | 101.63 | |
| MA50: | 99.93 | |
| MA100: | 93.69 | |
| MAexp7: | 101.48 | |
| MAexp20: | 101.25 | |
| MAexp50: | 98.96 | |
| MAexp100: | 95.34 | |
| Price / MA7: | -0.33% | |
| Price / MA20: | -0.37% | |
| Price / MA50: | +1.32% | |
| Price / MA100: | +8.07% | |
| Price / MAexp7: | -0.23% | |
| Price / MAexp20: | -0% | |
| Price / MAexp50: | +2.31% | |
| Price / MAexp100: | +6.20% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The latest news and videos published on SODEXO at the time of the analysis were as follows:
- Sodexo Benefits and Rewards Services Selects Zuora to Help Expand its World-Leading Employee Engagement Business
- Sodexo Engage Sweeps Three Crown Commercial Service Frameworks, Unmatched as the Only Provider Across All Three
- Sodexo Benefits & Rewards Services invests in UK HR Tech scale-up, The Happiness Index
- Sodexo - Monthly disclosure on share capital and voting rights on April 30, 2023
- Sodexo - Financial Report for First half Fiscal 2023 available
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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