SODEXO

8.63 EUR (-7.20%)

03/28/2025 - 16:30 Preclose 15 min delayed data - Euronext Paris

Open:	9.10
Change:	-0.67
Volume:	66,194

Low:	8.60
High:	9.12
High / Low range:	0.52

Type:	Stocks
Ticker:	SW
ISIN:	FR0000121220

SODEXO - 1H - Technical analysis published on 05/17/2024 (GMT)

132
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05/17/2024 - 12:40
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Londinia

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Timeframe : 1H
- Analysis generated on 05/17/2024 - 12:40
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

22%

My opinion

Bullish above 82.93 EUR

My targets

85.83 EUR (+0.80%)

My analysis

The bullish trend is currently very strong on SODEXO. As long as the price remains above the support at 82.93 EUR, you could try to benefit from the boom. The first bullish objective is located at 85.83 EUR. The bullish momentum would be boosted by a break in this resistance. 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.

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

8.2

Comment on the analysis

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 SODEXO price is 85.15 EUR. The price registered an increase of +2.41% on the session with the lowest point at 84.40 EUR and the highest point at 85.80 EUR. The deviation from the price is +0.89% for the low point and -0.76% for the high point.

84.40

85.80

85.15

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

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

The study of the highest / lowest by the Central Records scanner shows the following results:

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of SODEXO in 1H shows a strongly overall bullish trend. 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. 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, 13 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	80.24	81.39	82.93	85.15
Change (%)	-5.77%	-4.42%	-2.61%	-
Change	-4.91	-3.76	-2.22	-
Level	Minor	Intermediate	Major	-

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	81.17	81.88	82.52	83.23	83.87	84.58	85.22
Camarilla	82.78	82.90	83.03	83.15	83.27	83.40	83.52
Woodie	81.13	81.86	82.48	83.21	83.83	84.56	85.18
Fibonacci	81.88	82.40	82.72	83.23	83.75	84.07	84.58

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	78.48	79.47	80.93	81.92	83.38	84.37	85.83
Camarilla	81.73	81.95	82.18	82.40	82.63	82.85	83.07
Woodie	78.73	79.59	81.18	82.04	83.63	84.49	86.08
Fibonacci	79.47	80.40	80.98	81.92	82.85	83.43	84.37

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	68.85	71.95	76.85	79.95	84.85	87.95	92.85
Camarilla	79.55	80.28	81.02	81.75	82.48	83.22	83.95
Woodie	69.75	72.40	77.75	80.40	85.75	88.40	93.75
Fibonacci	71.95	75.01	76.89	79.95	83.01	84.89	87.95

Numerical data

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

Technical indicators

Moving averages

RSI (14):	73.50
MACD (12,26,9):	0.7600
Directional Movement:	34.91
AROON (14):	85.71
DEMA (21):	84.76
Parabolic SAR (0,02-0,02-0,2):	84.44
Elder Ray (13):	0.96
Super Trend (3,10):	83.77
Zig ZAG (10):	85.20
VORTEX (21):	1.2100
Stochastique (14,3,5):	83.54
TEMA (21):	85.26
Williams %R (14):	-20.34
Chande Momentum Oscillator (20):	2.05
Repulse (5,40,3):	-0.1100
ROCnROLL:	1
TRIX (15,9):	0.0900
Courbe Coppock:	5.84

MA7:	82.88
MA20:	81.22
MA50:	79.15
MA100:	77.79
MAexp7:	84.82
MAexp20:	83.88
MAexp50:	83.04
MAexp100:	82.24
Price / MA7:	+2.74%
Price / MA20:	+4.84%
Price / MA50:	+7.58%
Price / MA100:	+9.46%
Price / MAexp7:	+0.39%
Price / MAexp20:	+1.51%
Price / MAexp50:	+2.54%
Price / MAexp100:	+3.54%

Quotes : 05/17/2024 - 12:24 - 15 min delayed data - Euronext Paris

News

Don't forget to follow the news on SODEXO. At the time of publication of this analysis, the latest news was as follows:

05/03/2024 - 15:45 Sodexo - Monthly disclosure on share capital and voting rights on April 30, 2024
04/19/2024 - 05:10 Sodexo - Financial report for First half Fiscal 2024 available
03/07/2024 - 16:35 Sodexo - Disclosure of transactions in own shares carried out from February 29 to March 1, 2024
02/22/2024 - 07:47 Sodexo and AstraZeneca extend their global partnership for a further 5 years.
02/16/2024 - 16:45 Sodexo - Disclosure of transactions in own shares carried out on February 12, 2024

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

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