SOPRA STERIA GROUP - Daily - Technical analysis published on 01/30/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 207.2 EUR
My targets
217.0 EUR (+0.93%)
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 207.2 EUR. The buyers' bullish objective is set at 217.0 EUR. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.6
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
SOPRA STERIA GROUP rating 215.0 EUR. The price registered an increase of +1.61% on the session with the lowest point at 211.6 EUR and the highest point at 215.2 EUR. The deviation from the price is +1.61% for the low point and -0.09% for the high point.211.6
215.2
215.0
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.
Bullish opening
Type : Bullish
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 Daily chart of SOPRA STERIA GROUP indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : Daily
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
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
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 171.5 | 189.7 | 207.2 | 215.0 |
| Change (%) | -20.23% | -11.77% | -3.63% | - |
| Change | -43.5 | -25.3 | -7.8 | - |
| Level | Major | Major | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 207.7 | 209.1 | 210.3 | 211.7 | 212.9 | 214.3 | 215.5 |
| Camarilla | 210.9 | 211.1 | 211.4 | 211.6 | 211.8 | 212.1 | 212.3 |
| Woodie | 207.7 | 209.1 | 210.3 | 211.7 | 212.9 | 214.3 | 215.5 |
| Fibonacci | 209.1 | 210.1 | 210.7 | 211.7 | 212.7 | 213.3 | 214.3 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 177.7 | 185.6 | 199.8 | 207.7 | 221.9 | 229.8 | 244.0 |
| Camarilla | 207.9 | 210.0 | 212.0 | 214.0 | 216.0 | 218.1 | 220.1 |
| Woodie | 180.9 | 187.2 | 203.0 | 209.3 | 225.1 | 231.4 | 247.2 |
| Fibonacci | 185.6 | 194.0 | 199.3 | 207.7 | 216.1 | 221.4 | 229.8 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 175.6 | 181.0 | 189.4 | 194.8 | 203.2 | 208.6 | 217.0 |
| Camarilla | 194.0 | 195.3 | 196.5 | 197.8 | 199.1 | 200.3 | 201.6 |
| Woodie | 177.1 | 181.8 | 190.9 | 195.6 | 204.7 | 209.4 | 218.5 |
| Fibonacci | 181.0 | 186.3 | 189.5 | 194.8 | 200.1 | 203.3 | 208.6 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 73.30 | |
| MACD (12,26,9): | 5.0000 | |
| Directional Movement: | 27.5 | |
| AROON (14): | 50.0 | |
| DEMA (21): | 206.5 | |
| Parabolic SAR (0,02-0,02-0,2): | 195.0 | |
| Elder Ray (13): | 9.8 | |
| Super Trend (3,10): | 199.7 | |
| Zig ZAG (10): | 215.2 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 91.70 | |
| TEMA (21): | 209.3 | |
| Williams %R (14): | -3.10 | |
| Chande Momentum Oscillator (20): | 18.9 | |
| Repulse (5,40,3): | 4.1000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2000 | |
| Courbe Coppock: | 14.70 |
| MA7: | 207.2 | |
| MA20: | 197.8 | |
| MA50: | 194.4 | |
| MA100: | 189.0 | |
| MAexp7: | 207.9 | |
| MAexp20: | 200.8 | |
| MAexp50: | 195.1 | |
| MAexp100: | 191.6 | |
| Price / MA7: | +3.76% | |
| Price / MA20: | +8.70% | |
| Price / MA50: | +10.60% | |
| Price / MA100: | +13.76% | |
| Price / MAexp7: | +3.42% | |
| Price / MAexp20: | +7.07% | |
| Price / MAexp50: | +10.20% | |
| Price / MAexp100: | +12.21% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
Don't forget to follow the news on SOPRA STERIA GROUP. At the time of publication of this analysis, the latest news was as follows:
- Sopra Steria Group: Weekly Disclosure of Transactions in Own Shares From September 25Th to 29Th, 2023
- 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
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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