TF1 - 1H - Technical analysis published on 09/20/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
28%
28%
44%
My opinion
Bullish above 8.051 EUR
My targets
8.374 EUR (+2.62%)
8.620 EUR (+5.64%)
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 8.051 EUR. The buyers' bullish objective is set at 8.374 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 8.620 EUR. If there is any crossing, the next objective would be the resistance located at 9.030 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 are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
6.1
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The TF1 price is 8.160 EUR. The price is lower by -0.18% since the last closing and was between 8.110 EUR and 8.175 EUR. This implies that the price is at +0.62% from its lowest and at -0.18% from its highest.8.110
8.175
8.160
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of TF1 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.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 7.970 | 8.051 | 8.135 | 8.160 | 8.180 | 8.374 | 8.620 |
| Change (%) | -2.33% | -1.34% | -0.31% | - | +0.25% | +2.62% | +5.64% |
| Change | -0.190 | -0.109 | -0.025 | - | +0.020 | +0.214 | +0.460 |
| Level | Minor | Intermediate | Major | - | Intermediate | Major | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.903 | 7.982 | 8.078 | 8.157 | 8.253 | 8.332 | 8.428 |
| Camarilla | 8.127 | 8.143 | 8.159 | 8.175 | 8.191 | 8.207 | 8.223 |
| Woodie | 7.913 | 7.986 | 8.088 | 8.161 | 8.263 | 8.336 | 8.438 |
| Fibonacci | 7.982 | 8.049 | 8.090 | 8.157 | 8.224 | 8.265 | 8.332 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.640 | 7.760 | 7.880 | 8.000 | 8.120 | 8.240 | 8.360 |
| Camarilla | 7.934 | 7.956 | 7.978 | 8.000 | 8.022 | 8.044 | 8.066 |
| Woodie | 7.640 | 7.760 | 7.880 | 8.000 | 8.120 | 8.240 | 8.360 |
| Fibonacci | 7.760 | 7.852 | 7.908 | 8.000 | 8.092 | 8.148 | 8.240 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.083 | 7.302 | 7.683 | 7.902 | 8.283 | 8.502 | 8.883 |
| Camarilla | 7.900 | 7.955 | 8.010 | 8.065 | 8.120 | 8.175 | 8.230 |
| Woodie | 7.165 | 7.343 | 7.765 | 7.943 | 8.365 | 8.543 | 8.965 |
| Fibonacci | 7.302 | 7.531 | 7.673 | 7.902 | 8.131 | 8.273 | 8.502 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 56.61 | |
| MACD (12,26,9): | 0.0280 | |
| Directional Movement: | 10.955 | |
| AROON (14): | 35.714 | |
| DEMA (21): | 8.174 | |
| Parabolic SAR (0,02-0,02-0,2): | 8.228 | |
| Elder Ray (13): | 0.011 | |
| Super Trend (3,10): | 8.082 | |
| Zig ZAG (10): | 8.160 | |
| VORTEX (21): | 1.0130 | |
| Stochastique (14,3,5): | 47.59 | |
| TEMA (21): | 8.175 | |
| Williams %R (14): | -60.00 | |
| Chande Momentum Oscillator (20): | -0.030 | |
| Repulse (5,40,3): | 0.0670 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0640 | |
| Courbe Coppock: | 1.33 |
| MA7: | 8.032 | |
| MA20: | 8.011 | |
| MA50: | 8.006 | |
| MA100: | 8.158 | |
| MAexp7: | 8.153 | |
| MAexp20: | 8.132 | |
| MAexp50: | 8.083 | |
| MAexp100: | 8.046 | |
| Price / MA7: | +1.59% | |
| Price / MA20: | +1.86% | |
| Price / MA50: | +1.92% | |
| Price / MA100: | +0.02% | |
| Price / MAexp7: | +0.09% | |
| Price / MAexp20: | +0.34% | |
| Price / MAexp50: | +0.95% | |
| Price / MAexp100: | +1.42% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
Don't forget to follow the news on TF1. At the time of publication of this analysis, the latest news was as follows:
- GLOBALGATE EXPANDS ITS REACH WITH ADDITION OF LEADING FRENCH MEDIA COMPANY TF1 STUDIO TO ITS WORLDWIDE CONSORTIUM OF PRODUCTION & DISTRIBUTION PARTNERS
- TF1 Chooses Harmonic for Live UHD Delivery of Major Sports Events
-
Former French President Nicolas Sarkozy went on prime time television TF1
- Huawei Media Cloud Enables Omni-media Opportunities for TF1
- Huawei Media Cloud Enables Omni-media Opportunities for TF1
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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