TARKETT

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	TKTT
ISIN:	FR0004188670

TARKETT - Daily - Technical analysis published on 01/13/2020 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Bearish

De fond: Bearish

Technical indicators

22%

33%

44%

My opinion

Bearish under 14.58 EUR

My targets

13.39 EUR (-2.62%)

12.64 EUR (-8.07%)

My analysis

There is a bearish trend on TARKETT both at the basic level and in the short term. A sale could be considered, so long as the price remains below 14.58 EUR. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 13.39 EUR. Then the price could move towards 12.64 EUR. Be careful, a return to above the resistance 14.58 EUR would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

FORCE

3.9

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.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The TARKETT price is 13.75 EUR. The price registered an increase of +0.73% on the session and was between 13.47 EUR and 14.16 EUR. This implies that the price is at +2.08% from its lowest and at -2.90% from its highest.

13.47

14.16

13.75

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by TARKETT:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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 TARKETT indicates that the overall trend is bearish. The signals given by moving averages are at 71.43% bearish. This bearish trend shows slight signs of slowing down given the slightly bearish signals of short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily

Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : Daily

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:

MACD indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

RSI indicator is back under 50

Type : Bearish

Timeframe : Daily

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : Daily

Ichimoku : price is under the cloud

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Bearish engulfing lines

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	12.64	13.39	13.75	15.31	18.39	21.70
Change (%)	-8.07%	-2.62%	-	+11.35%	+33.75%	+57.82%
Change	-1.11	-0.36	-	+1.56	+4.64	+7.95
Level	Major	Major	-	Intermediate	Minor	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.06	13.36	13.50	13.80	13.94	14.24	14.38
Camarilla	13.53	13.57	13.61	13.65	13.69	13.73	13.77
Woodie	12.99	13.32	13.43	13.76	13.87	14.20	14.31
Fibonacci	13.36	13.53	13.63	13.80	13.97	14.07	14.24

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12.58	13.04	13.35	13.81	14.12	14.58	14.89
Camarilla	13.44	13.51	13.58	13.65	13.72	13.79	13.86
Woodie	12.50	13.00	13.27	13.77	14.04	14.54	14.81
Fibonacci	13.04	13.34	13.52	13.81	14.11	14.29	14.58

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.12	10.19	12.29	13.36	15.46	16.53	18.63
Camarilla	13.53	13.82	14.11	14.40	14.69	14.98	15.27
Woodie	9.65	10.45	12.82	13.62	15.99	16.79	19.16
Fibonacci	10.19	11.40	12.15	13.36	14.57	15.32	16.53

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):	47.51
MACD (12,26,9):	0.0000
Directional Movement:	-8.10
AROON (14):	50.00
DEMA (21):	13.86
Parabolic SAR (0,02-0,02-0,2):	14.50
Elder Ray (13):	-0.07
Super Trend (3,10):	13.30
Zig ZAG (10):	13.75
VORTEX (21):	1.0400
Stochastique (14,3,5):	38.85
TEMA (21):	13.92
Williams %R (14):	-65.71
Chande Momentum Oscillator (20):	-0.31
Repulse (5,40,3):	-2.8800
ROCnROLL:	2
TRIX (15,9):	0.0100
Courbe Coppock:	3.89

MA7:	13.89
MA20:	13.87
MA50:	14.10
MA100:	13.83
MAexp7:	13.85
MAexp20:	13.88
MAexp50:	13.96
MAexp100:	14.40
Price / MA7:	-1.01%
Price / MA20:	-0.87%
Price / MA50:	-2.48%
Price / MA100:	-0.58%
Price / MAexp7:	-0.72%
Price / MAexp20:	-0.94%
Price / MAexp50:	-1.50%
Price / MAexp100:	-4.51%

News

Don"t forget to follow the news on TARKETT. At the time of publication of this analysis, the latest news was as follows:

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

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