SOPRA STERIA GROUP

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	SOP
ISIN:	FR0000050809

SOPRA STERIA GROUP - Daily - Technical analysis published on 09/29/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

61%

22%

17%

My opinion

Bullish above 192.5 EUR

My targets

207.2 EUR (+4.49%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SOPRA STERIA GROUP as long as the price remains well above 192.5 EUR. The buyers' bullish objective is set at 207.2 EUR. A bullish break in this resistance would boost the bullish momentum. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.

Force

5.9

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.

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Additional analysis

Quotes

The SOPRA STERIA GROUP rating is 198.3 EUR. On the day, this instrument gained +3.93% and was traded between 194.1 EUR and 199.1 EUR over the period. The price is currently at +2.16% from its lowest and -0.40% from its highest.

194.1

199.1

198.3

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

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows the following items:

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 SOPRA STERIA GROUP in Daily shows a strongly overall bullish trend. 82.14% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : Daily

Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

On the 18 technical indicators analysed, 11 are bullish, 3 are neutral and 4 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : Daily

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

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

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Upside gap

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	171.5	183.3	192.5	198.3	207.2
Change (%)	-13.51%	-7.56%	-2.92%	-	+4.49%
Change	-26.8	-15.0	-5.8	-	+8.9
Level	Major	Major	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	184.5	185.9	188.3	189.7	192.1	193.5	195.9
Camarilla	189.8	190.1	190.5	190.8	191.2	191.5	191.9
Woodie	185.1	186.2	188.9	190.0	192.7	193.8	196.5
Fibonacci	185.9	187.3	188.2	189.7	191.1	192.0	193.5

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	177.3	181.5	184.7	188.9	192.1	196.3	199.5
Camarilla	186.0	186.6	187.3	188.0	188.7	189.4	190.0
Woodie	176.9	181.3	184.3	188.7	191.7	196.1	199.1
Fibonacci	181.5	184.3	186.0	188.9	191.7	193.4	196.3

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	187.0	190.4	196.8	200.2	206.6	210.0	216.4
Camarilla	200.5	201.4	202.3	203.2	204.1	205.0	205.9
Woodie	188.5	191.2	198.3	201.0	208.1	210.8	217.9
Fibonacci	190.4	194.1	196.5	200.2	203.9	206.3	210.0

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):	57.30
MACD (12,26,9):	-1.8000
Directional Movement:	9.8
AROON (14):	-78.6
DEMA (21):	191.0
Parabolic SAR (0,02-0,02-0,2):	183.8
Elder Ray (13):	4.5
Super Trend (3,10):	185.0
Zig ZAG (10):	198.2
VORTEX (21):	0.8000
Stochastique (14,3,5):	54.20
TEMA (21):	189.0
Williams %R (14):	-8.90
Chande Momentum Oscillator (20):	2.4
Repulse (5,40,3):	4.0000
ROCnROLL:	1
TRIX (15,9):	-0.1000
Courbe Coppock:	8.80

MA7:	189.8
MA20:	194.2
MA50:	196.3
MA100:	188.6
MAexp7:	191.7
MAexp20:	193.2
MAexp50:	193.5
MAexp100:	189.2
Price / MA7:	+4.48%
Price / MA20:	+2.11%
Price / MA50:	+1.02%
Price / MA100:	+5.14%
Price / MAexp7:	+3.44%
Price / MAexp20:	+2.64%
Price / MAexp50:	+2.48%
Price / MAexp100:	+4.81%

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:

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

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