SOPRA STERIA GROUP - 1H - Technical analysis published on 08/11/2023 (GMT)
- 210
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 195.8 EUR
My targets
207.2 EUR (+3.29%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on SOPRA STERIA GROUP. This is a positive signal for buyers. As long as the price remains above 195.8 EUR, a purchase could be considered. The first bullish objective is located at 207.2 EUR. The bullish momentum would be boosted by a break in this resistance. In the event of a return below 195.8 EUR, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be 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
7
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 SOPRA STERIA GROUP rating is 200.6 EUR. The price registered an increase of +0.65% on the session and was between 197.8 EUR and 201.4 EUR. This implies that the price is at +1.42% from its lowest and at -0.40% from its highest.197.8
201.4
200.6
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 SOPRA STERIA GROUP:
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
Technical analysis of this 1H chart of SOPRA STERIA GROUP indicates that the overall trend is bullish. 78.57% of the signals given by moving averages are bullish. The overall trend is reinforced 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.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
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:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 192.5 | 195.8 | 199.8 | 200.6 | 207.2 |
| Change (%) | -4.04% | -2.39% | -0.40% | - | +3.29% |
| Change | -8.1 | -4.8 | -0.8 | - | +6.6 |
| Level | Major | Major | Minor | - | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 193.8 | 195.4 | 197.3 | 198.9 | 200.8 | 202.4 | 204.3 |
| Camarilla | 198.3 | 198.7 | 199.0 | 199.3 | 199.6 | 199.9 | 200.3 |
| Woodie | 194.1 | 195.5 | 197.6 | 199.0 | 201.1 | 202.5 | 204.6 |
| Fibonacci | 195.4 | 196.7 | 197.5 | 198.9 | 200.2 | 201.0 | 202.4 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 187.5 | 190.6 | 193.9 | 197.0 | 200.3 | 203.4 | 206.7 |
| Camarilla | 195.3 | 195.9 | 196.5 | 197.1 | 197.7 | 198.3 | 198.9 |
| Woodie | 187.5 | 190.7 | 193.9 | 197.1 | 200.3 | 203.5 | 206.7 |
| Fibonacci | 190.6 | 193.1 | 194.6 | 197.0 | 199.5 | 201.0 | 203.4 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 146.0 | 160.4 | 179.1 | 193.5 | 212.2 | 226.6 | 245.3 |
| Camarilla | 188.6 | 191.6 | 194.7 | 197.7 | 200.7 | 203.8 | 206.8 |
| Woodie | 148.1 | 161.5 | 181.2 | 194.6 | 214.3 | 227.7 | 247.4 |
| Fibonacci | 160.4 | 173.1 | 180.9 | 193.5 | 206.2 | 214.0 | 226.6 |
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): | 62.90 | |
| MACD (12,26,9): | 0.9000 | |
| Directional Movement: | 5.3 | |
| AROON (14): | 78.6 | |
| DEMA (21): | 200.3 | |
| Parabolic SAR (0,02-0,02-0,2): | 198.8 | |
| Elder Ray (13): | 1.0 | |
| Super Trend (3,10): | 197.8 | |
| Zig ZAG (10): | 200.6 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 83.70 | |
| TEMA (21): | 200.8 | |
| Williams %R (14): | -20.50 | |
| Chande Momentum Oscillator (20): | 2.5 | |
| Repulse (5,40,3): | 0.1000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1000 | |
| Courbe Coppock: | 3.10 |
| MA7: | 197.4 | |
| MA20: | 193.8 | |
| MA50: | 185.5 | |
| MA100: | 185.2 | |
| MAexp7: | 200.3 | |
| MAexp20: | 199.2 | |
| MAexp50: | 198.0 | |
| MAexp100: | 196.4 | |
| Price / MA7: | +1.62% | |
| Price / MA20: | +3.51% | |
| Price / MA50: | +8.14% | |
| Price / MA100: | +8.32% | |
| Price / MAexp7: | +0.15% | |
| Price / MAexp20: | +0.70% | |
| Price / MAexp50: | +1.31% | |
| Price / MAexp100: | +2.14% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The last news published on SOPRA STERIA GROUP at the time of the generation of this analysis was as follows:
- Sopra Steria Group: 2023 Half-Year Financial Report Now Available
- Sopra Steria: First-Half 2023
- Sopra Steria Group: Disclosure of the Total Number of Shares and Voting Rights as at 30 June 2023
- Sopra Steria Integrates Generative AI Tools Into Its Development Platforms
- Sopra Steria Launches Recommended All-Cash Public Offer for Ordina Shares
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis SOPRA STERIA GROUP - 1H