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 10/08/2019 (GMT)

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  • 10/08/2019 - 08:09
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  • Timeframe : Daily
  • - Analysis generated on 10/08/2019 - 08:08
  • 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
Court terme: Strongly bearish
De fond: Strongly bearish
Technical indicators
11%
56%
33%
My opinion
Bearish under 99.05 EUR
My targets
97.22 EUR (-0.51%)
95.31 EUR (-2.47%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on SODEXO as long as the price remains well below 99.05 EUR. The sellers” bearish objective is set at 97.22 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 95.31 EUR. In case of crossing, the next objective would be the support located at 91.00 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
FORCE
0
10
7.1

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

SODEXO rating 97.72 EUR. The price is lower by -0.16% since the last closing and was between 97.58 EUR and 98.30 EUR. This implies that the price is at +0.14% from its lowest and at -0.59% from its highest.

97.58
98.30
97.72

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.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
Created with Raphaël 2.3.0-7.507.515January 1st3 years1 year6 months1 month5 daysToday
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of SODEXO in Daily shows a overall strongly bearish trend. The signals given by moving averages are 89.29% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

Technical indicators are bearish. There is still some doubt about the decline in the price.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

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

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



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:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 91.00 95.31 97.22 97.72 99.05 101.48 105.51
Change (%) -6.88% -2.47% -0.51% - +1.36% +3.85% +7.97%
Change -6.72 -2.41 -0.50 - +1.33 +3.76 +7.79
Level Intermediate Major Major - Major Minor Major



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
Standard96.0096.6097.2497.8498.4899.0899.72
Camarilla97.5497.6597.7797.8897.9998.1198.22
Woodie96.0296.6197.2697.8598.5099.0999.74
Fibonacci96.6097.0797.3797.8498.3198.6199.08


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard87.4991.8995.0699.46102.63107.03110.20
Camarilla96.1696.8597.5598.2498.9399.63100.32
Woodie86.8991.5894.4699.15102.03106.72109.60
Fibonacci91.8994.7896.5799.46102.35104.14107.03


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard91.1794.6798.84102.34106.51110.01114.18
Camarilla100.89101.59102.30103.00103.70104.41105.11
Woodie91.5094.8499.17102.51106.84110.18114.51
Fibonacci94.6797.6099.41102.34105.27107.08110.01

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 2.3.0Sell10
Moving averages
Created with Raphaël 2.3.0Sell25

RSI (14): 40.49
MACD (12,26,9): -0.9300
Directional Movement: -10.51
AROON (14): -21.42
DEMA (21): 98.87
Parabolic SAR (0,02-0,02-0,2): 102.70
Elder Ray (13): -1.29
Super Trend (3,10): 102.99
Zig ZAG (10): 98.12
VORTEX (21): 0.9300
Stochastique (14,3,5): 23.34
TEMA (21): 98.25
Williams %R (14): -77.01
Chande Momentum Oscillator (20): -2.33
Repulse (5,40,3): -0.4100
ROCnROLL: 2
TRIX (15,9): -0.0800
Courbe Coppock: 3.38
MA7: 98.95
MA20: 100.06
MA50: 101.00
MA100: 101.95
MAexp7: 98.64
MAexp20: 99.86
MAexp50: 100.83
MAexp100: 100.79
Price / MA7: -1.24%
Price / MA20: -2.34%
Price / MA50: -3.25%
Price / MA100: -4.15%
Price / MAexp7: -0.93%
Price / MAexp20: -2.14%
Price / MAexp50: -3.08%
Price / MAexp100: -3.05%

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

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