THALES
THALES
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: HO
ISIN: FR0000121329

THALES - Daily - Technical analysis published on 10/07/2019 (GMT)

  • 378
  • 0
  • Who voted?
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 98.72 EUR
My targets
97.36 EUR (-1.10%)
96.05 EUR (-2.43%)
My analysis
In the short term, we can see an acceleration in the bearish trend on THALES, which is a positive signal for sellers. As long as the price remains above 98.72 EUR, a sale could be considered. The first bearish objective is located at 97.36 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 96.05 EUR as an objective. Crossing it would then enable sellers to target 84.00 EUR. If the price were to return above 98.72 EUR, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
FORCE
0
10
6.1

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:
15 min. 1H Weekly

Additional analysis

Quotes

THALES rating 98.44 EUR. On the day, this instrument lost -0.02% with the lowest point at 98.24 EUR and the highest point at 99.34 EUR. The deviation from the price is +0.20% for the low point and -0.91% for the high point.

98.24
99.34
98.44

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

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


A technical analysis in Daily of this THALES chart shows a bearish trend. 78.57% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Central Indicators

Moving Average bearish crossovers : AMA20 & AMA50

Type : Bearish

Timeframe : Daily



The probability of a further decline is moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : Daily


CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : Daily


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

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

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily


Support of channel is broken

Type : Bearish

Timeframe : Daily



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 84.00 96.05 97.36 98.44 98.72 104.53 108.99
Change (%) -14.67% -2.43% -1.10% - +0.28% +6.19% +10.72%
Change -14.44 -2.39 -1.08 - +0.28 +6.09 +10.55
Level Intermediate Major Major - Intermediate Intermediate Major



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard95.8796.8197.6398.5799.39100.33101.15
Camarilla97.9898.1498.3098.4698.6298.7898.94
Woodie95.8296.7897.5898.5499.34100.30101.10
Fibonacci96.8197.4897.8998.5799.2499.65100.33


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard85.1491.3094.88101.04104.62110.78114.36
Camarilla95.7896.6797.5798.4699.35100.25101.14
Woodie83.8590.6693.59100.40103.33110.14113.07
Fibonacci91.3095.0297.32101.04104.76107.06110.78


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard92.3597.60101.55106.80110.75116.00119.95
Camarilla102.97103.81104.66105.50106.34107.19108.03
Woodie91.7097.28100.90106.48110.10115.68119.30
Fibonacci97.60101.11103.29106.80110.31112.49116.00

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): 29.84
MACD (12,26,9): -1.4700
Directional Movement: -18.67
AROON (14): -14.28
DEMA (21): 101.99
Parabolic SAR (0,02-0,02-0,2): 106.44
Elder Ray (13): -3.74
Super Trend (3,10): 105.25
Zig ZAG (10): 98.48
VORTEX (21): 0.7200
Stochastique (14,3,5): 10.15
TEMA (21): 100.26
Williams %R (14): -90.55
Chande Momentum Oscillator (20): -8.32
Repulse (5,40,3): -4.3700
ROCnROLL: 2
TRIX (15,9): -0.0600
Courbe Coppock: 10.71
MA7: 101.83
MA20: 104.59
MA50: 103.91
MA100: 103.85
MAexp7: 100.97
MAexp20: 103.43
MAexp50: 104.15
MAexp100: 104.13
Price / MA7: -3.33%
Price / MA20: -5.88%
Price / MA50: -5.26%
Price / MA100: -5.21%
Price / MAexp7: -2.51%
Price / MAexp20: -4.82%
Price / MAexp50: -5.48%
Price / MAexp100: -5.46%

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

About author

Online

Overall rating :
15680
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 THALES - Daily