TOTALENERGIES

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	TTE
ISIN:	FR0000120271

TOTALENERGIES - 1H - Technical analysis published on 06/28/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bullish

Technical indicators

61%

33%

My opinion

Bullish above 60.97 EUR

My targets

63.37 EUR (+1.41%)

64.37 EUR (+3.01%)

My analysis

A bullish trend on TOTALENERGIES both in substance and in the short term. A purchase could be considered as long as the price remains above 60.97 EUR. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 63.37 EUR. Then the price could move towards 64.37 EUR. Then 64.93 EUR by extension. Be careful, a return below 60.97 EUR would be a sign of the trend weakening and a possible correction 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 could be riskier.

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

6.1

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 Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

TOTALENERGIES rating 62.49 EUR. On the day, this instrument gained +0.73% with the lowest point at 61.99 EUR and the highest point at 62.92 EUR. The deviation from the price is +0.81% for the low point and -0.68% for the high point.

61.99

62.92

62.49

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Opening Gap UP

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 study of the highest / lowest by the Central Records scanner shows the following result:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in 1H of this TOTALENERGIES chart shows a bullish trend. 78.57% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : 1 hour

In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

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

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour

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:

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	59.79	60.97	62.28	62.49	63.37	64.37	64.93
Change (%)	-4.32%	-2.43%	-0.34%	-	+1.41%	+3.01%	+3.90%
Change	-2.70	-1.52	-0.21	-	+0.88	+1.88	+2.44
Level	Intermediate	Major	Major	-	Major	Minor	Minor

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
Standard	61.35	61.61	61.83	62.09	62.31	62.57	62.79
Camarilla	61.91	61.95	62.00	62.04	62.08	62.13	62.17
Woodie	61.32	61.60	61.80	62.08	62.28	62.56	62.76
Fibonacci	61.61	61.80	61.91	62.09	62.28	62.39	62.57

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	58.33	59.38	60.58	61.63	62.83	63.88	65.08
Camarilla	61.15	61.36	61.56	61.77	61.98	62.18	62.39
Woodie	58.40	59.42	60.65	61.67	62.90	63.92	65.15
Fibonacci	59.38	60.24	60.77	61.63	62.49	63.02	63.88

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	59.76	61.90	64.04	66.18	68.32	70.46	72.60
Camarilla	64.99	65.39	65.78	66.17	66.56	66.96	67.35
Woodie	59.75	61.90	64.03	66.18	68.31	70.46	72.59
Fibonacci	61.90	63.54	64.55	66.18	67.82	68.83	70.46

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):	59.74
MACD (12,26,9):	-0.0100
Directional Movement:	13.28
AROON (14):	71.42
DEMA (21):	62.26
Parabolic SAR (0,02-0,02-0,2):	61.99
Elder Ray (13):	0.29
Super Trend (3,10):	62.79
Zig ZAG (10):	62.57
VORTEX (21):	0.9200
Stochastique (14,3,5):	49.36
TEMA (21):	62.22
Williams %R (14):	-28.85
Chande Momentum Oscillator (20):	0.55
Repulse (5,40,3):	-0.0200
ROCnROLL:	1
TRIX (15,9):	-0.0100
Courbe Coppock:	0.14

MA7:	62.31
MA20:	62.75
MA50:	64.93
MA100:	63.09
MAexp7:	62.37
MAexp20:	62.30
MAexp50:	62.27
MAexp100:	62.40
Price / MA7:	+0.29%
Price / MA20:	-0.41%
Price / MA50:	-3.76%
Price / MA100:	-0.95%
Price / MAexp7:	+0.19%
Price / MAexp20:	+0.30%
Price / MAexp50:	+0.35%
Price / MAexp100:	+0.14%

Quotes : - 15 min delayed data - Euronext Paris

News

The latest news and videos published on TOTALENERGIES at the time of the analysis were as follows:

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

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