SUEZ
SUEZ
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: SEV
ISIN: FR0010613471

SUEZ - Daily - Technical analysis published on 10/17/2019 (GMT)

  • 363
  • 0
  • Who voted?
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
  • Timeframe : Daily
  • - Analysis generated on
  • Status : INVALID

Download a full-size picture

Summary of the analysis

Trends
Court terme: Neutral
De fond: Bullish
Technical indicators
44%
22%
33%
My opinion
Bullish above 13.555 EUR
My targets
14.230 EUR (+4.25%)
15.082 EUR (+10.49%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the support located at 13.555 EUR remains possible. It is advisable to trade SUEZ with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 13.555 EUR. The next bullish objective for buyers is set at 14.230 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 15.082 EUR. If there is any crossing, the next objective would be the resistance located at 15.980 EUR. PS: if there is a bearish break in the support located at 13.555 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
FORCE
0
10
2.9

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.

Additional analysis

Quotes

SUEZ rating 13.650 EUR. The price registered a decrease of -0.40% on the session with the lowest point at 13.645 EUR and the highest point at 13.745 EUR. The deviation from the price is +0.04% for the low point and -0.69% for the high point.

13.645
13.745
13.650

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

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 result:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of SUEZ indicates that the overall trend is bullish. The signals given by moving averages are 71.43% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily



On the 18 technical indicators analysed, 8 are bullish, 6 are neutral and 4 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

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:

Central Indicators

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



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

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 12.761 13.064 13.555 13.650 14.230 15.082 15.980
Change (%) -6.51% -4.29% -0.70% - +4.25% +10.49% +17.07%
Change -0.889 -0.586 -0.095 - +0.580 +1.432 +2.330
Level Intermediate Major Major - Major Intermediate Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13.31213.39813.55213.63813.79213.87814.032
Camarilla13.63913.66113.68313.70513.72713.74913.771
Woodie13.34513.41513.58513.65513.82513.89514.065
Fibonacci13.39813.49013.54713.63813.73013.78713.878


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12.58212.79813.23213.44813.88214.09814.532
Camarilla13.48613.54613.60513.66513.72513.78413.844
Woodie12.69012.85313.34013.50313.99014.15314.640
Fibonacci12.79813.04713.20013.44813.69713.85014.098


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12.96213.25813.84214.13814.72215.01815.602
Camarilla14.18314.26414.34414.42514.50614.58614.667
Woodie13.10513.33013.98514.21014.86515.09015.745
Fibonacci13.25813.59513.80214.13814.47514.68215.018

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): 50.47
MACD (12,26,9): -0.0770
Directional Movement: -3.153
AROON (14): -28.571
DEMA (21): 13.576
Parabolic SAR (0,02-0,02-0,2): 13.015
Elder Ray (13): 0.080
Super Trend (3,10): 14.144
Zig ZAG (10): 13.685
VORTEX (21): 0.9190
Stochastique (14,3,5): 45.33
TEMA (21): 13.452
Williams %R (14): -54.33
Chande Momentum Oscillator (20): -0.585
Repulse (5,40,3): 1.8170
ROCnROLL: 1
TRIX (15,9): -0.0930
Courbe Coppock: 8.65
MA7: 13.544
MA20: 13.754
MA50: 13.751
MA100: 13.305
MAexp7: 13.590
MAexp20: 13.670
MAexp50: 13.625
MAexp100: 13.265
Price / MA7: +0.78%
Price / MA20: -0.76%
Price / MA50: -0.73%
Price / MA100: +2.59%
Price / MAexp7: +0.44%
Price / MAexp20: -0.15%
Price / MAexp50: +0.18%
Price / MAexp100: +2.90%

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

About author

Online

Overall rating :
15483
Number of analyses :
Followers :
0
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 SUEZ - Daily