TF1
TF1
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: TFI
ISIN: FR0000054900

TF1 - Daily - Technical analysis published on 05/15/2024 (GMT)

  • 121
  • 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
  • Timeframe : Daily
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 8.620 EUR
My targets
9.424 EUR (+7.33%)
9.816 EUR (+11.80%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on TF1 as long as the price remains well above 8.620 EUR. The buyers' bullish objective is set at 9.424 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 9.816 EUR. If there is any crossing, the next objective would be the resistance located at 10.975 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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
8

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:
15 min. 1H Weekly

Additional analysis

Quotes

TF1 rating 8.780 EUR. On the day, this instrument lost -0.06% and was between 8.780 EUR and 8.800 EUR. This implies that the price is at 0% from its lowest and at -0.23% from its highest.

8.780
8.800
8.780

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

Central Gaps

Bullish opening

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:

Central Records

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


A technical analysis in Daily of this TF1 chart shows a strongly bullish trend. 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 scanner does not detect any result on moving averages that would impact this trend.

In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near horizontal resistance

Type : Bearish

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 7.187 7.873 8.620 8.780 8.860 9.816 10.975
Change (%) -18.14% -10.33% -1.82% - +0.91% +11.80% +25.00%
Change -1.593 -0.907 -0.160 - +0.080 +1.036 +2.195
Level Major Major Major - Major Intermediate Intermediate



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
Standard8.4428.5288.6578.7438.8728.9589.087
Camarilla8.7268.7468.7658.7858.8058.8248.844
Woodie8.4638.5398.6788.7548.8938.9699.108
Fibonacci8.5288.6118.6618.7438.8268.8768.958


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard8.2808.3708.5208.6108.7608.8509.000
Camarilla8.6048.6268.6488.6708.6928.7148.736
Woodie8.3108.3858.5508.6258.7908.8659.030
Fibonacci8.3708.4628.5188.6108.7028.7588.850


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.0907.5128.0468.4689.0029.4249.958
Camarilla8.3178.4058.4928.5808.6688.7558.843
Woodie7.1467.5408.1028.4969.0589.45210.014
Fibonacci7.5127.8778.1038.4688.8339.0599.424

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): 64.47
MACD (12,26,9): 0.1360
Directional Movement: 17.442
AROON (14): 21.428
DEMA (21): 8.752
Parabolic SAR (0,02-0,02-0,2): 8.438
Elder Ray (13): 0.158
Super Trend (3,10): 8.319
Zig ZAG (10): 8.790
VORTEX (21): 1.1470
Stochastique (14,3,5): 73.33
TEMA (21): 8.759
Williams %R (14): -20.00
Chande Momentum Oscillator (20): 0.270
Repulse (5,40,3): 0.9800
ROCnROLL: 1
TRIX (15,9): 0.2340
Courbe Coppock: 3.80
MA7: 8.679
MA20: 8.596
MA50: 8.261
MA100: 7.808
MAexp7: 8.700
MAexp20: 8.568
MAexp50: 8.289
MAexp100: 7.895
Price / MA7: +1.16%
Price / MA20: +2.14%
Price / MA50: +6.28%
Price / MA100: +12.45%
Price / MAexp7: +0.92%
Price / MAexp20: +2.47%
Price / MAexp50: +5.92%
Price / MAexp100: +11.21%

Quotes : - 15 min delayed data - Euronext Paris

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

About author

Online

Overall rating :
15404
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 TF1 - Daily