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 10/01/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

22%

67%

11%

My opinion

Bearish under 58.45 EUR

My targets

55.43 EUR (-4.56%)

53.36 EUR (-8.13%)

My analysis

TOTALENERGIES is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 58.45 EUR. The next support located at 55.43 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 53.36 EUR. Below this support, sellers could then target 47.59 EUR. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

7.5

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

The TOTALENERGIES price is 58.08 EUR. The price registered a decrease of -0.72% on the session with the lowest point at 57.83 EUR and the highest point at 58.23 EUR. The deviation from the price is +0.43% for the low point and -0.26% for the high point.

57.83

58.23

58.08

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows the following items:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of TOTALENERGIES in 1H shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 2 are neutral and 12 are bearish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near support of channel

Type : Bullish

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	39.28	47.59	55.43	58.08	58.45	59.88	60.44
Change (%)	-32.37%	-18.06%	-4.56%	-	+0.64%	+3.10%	+4.06%
Change	-18.80	-10.49	-2.65	-	+0.37	+1.80	+2.36
Level	Major	Intermediate	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	56.50	57.35	57.93	58.78	59.36	60.21	60.79
Camarilla	58.11	58.24	58.37	58.50	58.63	58.76	58.89
Woodie	56.36	57.28	57.79	58.71	59.22	60.14	60.65
Fibonacci	57.35	57.90	58.24	58.78	59.33	59.67	60.21

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	53.36	55.80	57.48	59.92	61.60	64.04	65.72
Camarilla	58.02	58.40	58.77	59.15	59.53	59.91	60.28
Woodie	52.97	55.61	57.09	59.73	61.21	63.85	65.33
Fibonacci	55.80	57.38	58.35	59.92	61.50	62.47	64.04

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	52.86	55.53	57.02	59.69	61.18	63.85	65.34
Camarilla	57.36	57.74	58.12	58.50	58.88	59.26	59.64
Woodie	52.26	55.24	56.42	59.40	60.58	63.56	64.74
Fibonacci	55.53	57.12	58.10	59.69	61.28	62.26	63.85

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):	30.32
MACD (12,26,9):	-0.4700
Directional Movement:	-21.68
AROON (14):	-64.28
DEMA (21):	58.03
Parabolic SAR (0,02-0,02-0,2):	58.79
Elder Ray (13):	-0.47
Super Trend (3,10):	59.03
Zig ZAG (10):	58.03
VORTEX (21):	0.8900
Stochastique (14,3,5):	10.87
TEMA (21):	58.02
Williams %R (14):	-88.40
Chande Momentum Oscillator (20):	-1.11
Repulse (5,40,3):	0.1200
ROCnROLL:	2
TRIX (15,9):	-0.1100
Courbe Coppock:	3.17

MA7:	59.86
MA20:	60.05
MA50:	60.63
MA100:	61.78
MAexp7:	58.25
MAexp20:	58.67
MAexp50:	59.48
MAexp100:	60.01
Price / MA7:	-2.97%
Price / MA20:	-3.28%
Price / MA50:	-4.21%
Price / MA100:	-5.99%
Price / MAexp7:	-0.29%
Price / MAexp20:	-1.01%
Price / MAexp50:	-2.35%
Price / MAexp100:	-3.22%

Quotes : - 15 min delayed data - Euronext Paris

News

The last news published on TOTALENERGIES at the time of the generation of this analysis was as follows:

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

About author

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